NOT LISTED FOR SALE

5718 S Lime Lake Rd Cedar, MI 49621

Estimated Value: $374,000 - $1,599,000

4 Beds
1 Bath
1,520 Sq Ft
$527/Sq Ft Est. Value

Last Sold July 24, 2012

Last sale price $220,000 $145 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $4,467/month

220 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Cottage
  • Leland Public School Rated A-
  • Sandy Beach
  • 2 Car Attached Garage

About This Home

As of July 2012

Enjoy 80 Feet of private frontage on one of Leelanau County’s wonderful all sports lakes known as Lime Lake. This deep 2 plus acre waterfront parcel offers western exposure for gorgeous sun-set views. Home has not been lived in for some time, but with some creative remodeling it could serve for a great summer vacation place. This location is hard to beat for enjoying all of Leelanau County’s amenities and a pleasant drive to Traverse City.

Last Agent to Sell the Property

Linda Schaub

REO-TCRandolph-233022 License #6501290614 Listed on: 12/01/2011

REO-TCRandolph-233022

Last Buyer's Agent

Non Member Office

NON-MLS MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 2.2 Acre Lot
  • Private Waterfront
  • 80 Feet of Waterfront
  • Sandy Beach
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Cottage
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Water Views
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Cottage
  • Estimated Year Built: 1950
  • Construction: Timber Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Appliances Equipment: No Appliances
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 11.00x09.04, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.08x06.09, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 14.02x11.04, On Level: Upper Floor, Flooring: None
  • Bedroom 4: Dimensions: 23.00x15.06, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Dining Room: Dimensions: 15.00x09.10, On Level: Main Floor, Flooring: None
  • Kitchen: Dimensions: 17.03x11.03, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 15.00x13.04, On Level: Main Floor, Flooring: None
  • Total Finished Sf Apx: 1520

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Lime Lake
  • Exterior Finish: Wood
  • Foundation: Walkout, Partial, Block
  • Number Of Acres: 2.2
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom, Sandy Shoreline
  • Waterfront Frontage: 80

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Paved Driveway

Utilities

  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: Irregular
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Unknown

MLS Schools

  • School District: Glen Lake Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2019
Sold by
Sturgeon Rodney R
Bought by
Brandenburg Scott and Brandenburg Deborah A
Current Estimated Value
$800,508

Purchase Details

Listed on
Dec 1, 2011
Closed on
Jul 23, 2012
Sold by
Smith George R
Bought by
Sturgeon Rodney and Sturgeon Cheryl
Seller's Agent
Linda Schaub
REO-TCRandolph-233022
Buyer's Agent
Non Member Office
NON-MLS MEMBER OFFICE
List Price
$294,900
Sold Price
$220,000
Premium/Discount to List
-$74,900
-25.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brandenburg Scott $168,500 --
Sturgeon Rodney $220,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2012 07/24/12 Sold $220,000 -25.4% $145 / Sq Ft
07/08/2012 07/08/12 Pending -- -- --
12/01/2011 12/01/11 For Sale $294,900 -- $194 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,129 $192,900 $0 $0
2024 $2,182 $202,800 $0 $0
2023 $2,226 $174,600 $0 $0
2022 $2,097 $107,100 $0 $0
2021 $3,080 $104,100 $0 $0
2020 $3,080 $100,000 $0 $0
2019 $1,664 $118,700 $0 $0
2018 -- $89,900 $0 $0
2017 -- $90,100 $0 $0
2016 -- $89,900 $0 $0
2015 -- $93,100 $0 $0
2014 -- $99,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Schaub

    Seller's Agent in 2012

    Linda Schaub

    Real Estate One

    (231) 933-9581

    577 Total Sales

    Linda Schaub
    Section Image

  • N

    Buyer's Agent in 2012

    Non Member Office

    NON-MLS MEMBER OFFICE

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1732027

Northern Great Lakes REALTORS® MLS

APN: 003-140-001-00

Michigan Leelanau County Cedar 49621

5718 S Lime Lake Rd, Cedar, MI

Not Listed for Sale

Detached

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Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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