NOT LISTED FOR SALE

5877 E Ryans Way Lake Leelanau, MI 49653

Estimated Value: $2,915,248 - $4,020,000

4 Beds
3.5 Baths
4,036 Sq Ft
$870/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $860,000 $213 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $19,795/month

234 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Cape Cod Architecture
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Wooded Lot

About This Home

As of October 2017

Hard sand frontage, exquisite views, quality built home, lakeside windows and doors lakeside replaced with all newer siding. Lakeside porch deck, + master bedroom suite added 7 years ago and updated 2013. Natural gas no issue - $300 fee to apply - runs by the house. Wood floors and appliances 2010, new carpeting 5 years ago, granite countertops 2016. 2 masters - main and upper - such a great floor plan! Outdoor shower, shed and gorgeous lakeside porch - stay out side! Main floor is wall to wall views - amazing at this price point, + acreage across the road - simply a bonus! Privacy is assured, locationally superior, "U" shaped driveway, easy in and out - easy to show and fast possession! Blueprints available - check the facts - great deal!. Seller barely used since ownership 1993.....too busy....their loss is your gain - see for yourself! Charter available here - so work at home - easy! Great rental potential!

Last Agent to Sell the Property

Cory Beuerle

CENTURY 21 Northland License #6501264235 Listed on: 03/06/2017

CENTURY 21 Northland

Last Buyer's Agent

Judy Levin

Coldwell Banker Schmidt-S.Bay License #6501260929

Coldwell Banker Schmidt-S.Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,105

Year Built

  • Built in 1993

Lot Details

  • 12.92 Acre Lot
  • Private Waterfront
  • 173 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 4,036 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,105

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, 2 Story, Cape Cod
  • Estimated Year Built: 1993
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 22
  • Univs Design Barrier Free: Widened Doors, Covered Entrance
  • Year Updated: 2009
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1993

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds
  • Interior Amenities: Skylights, Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Granite Kitchen Tops, Mud Room, Formal Dining Room, Great Room, Beamed Ceilings, Vaulted Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 15.00x15.6, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 19.00x12.00, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13.4x9.4, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 19.00x12.00, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 12.3x21.4, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 14.00x10.00, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 21.00x16.4, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 4036
  • Price Per Sq Ft: 213.08
  • Range: R 12W
  • Total Finished Sf Apx: 4036

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: North Lake Leelanau
  • Exterior Features: Sprinkler System, Covered Porch, Garden Area
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block, Entrance Inside
  • Number Of Acres: 12.92
  • Road: Gravel, Privately Maintained, Private Owned
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Private Dock, Sandy Bottom, Gradual Slope to Water, Vegetation to Water Edge, Public Lake
  • Waterfront Frontage: 173

Garage/Parking

  • Driveway: Circular, Gravel, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Vinyl
  • Sewer: Holding Tank/Pump & Haul
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Leland Public School District

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Level
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Agricultural

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Oct 27, 2017
Sold by
Cassidy Craig R
Bought by
Reed Cory and Reed Heather H
Seller's Agent
Cory Beuerle
CENTURY 21 Northland
Buyer's Agent
Judy Levin
Coldwell Banker Schmidt-S.Bay
List Price
$975,000
Sold Price
$860,000
Premium/Discount to List
-$115,000
-11.79%
Current Estimated Value
$3,512,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,652,083
Avg. Annual Appreciation
19.31%

Purchase Details

Closed on
Aug 15, 1991
Sold by
Schumaker
Bought by
Cassidy Craig R and Cassidy Colleen M
Source: Public Records

Range of Values:

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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
Reed Cory $860,000 --
Cassidy Craig R $173,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $860,000 -11.8% $213 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $975,000 -- $242 / 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 $14,105 $1,785,700 $0 $0
2024 $10,456 $1,267,200 $0 $0
2023 $8,513 $941,500 $0 $0
2022 $10,963 $622,200 $0 $0
2021 $10,367 $630,100 $0 $0
2020 $10,525 $625,100 $0 $0
2019 $10,040 $546,400 $0 $0
2018 -- $486,600 $0 $0
2017 -- $499,600 $0 $0
2016 -- $519,500 $0 $0
2015 -- $548,700 $0 $0
2014 -- $477,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cory Beuerle

    Seller's Agent in 2017

    Cory Beuerle

    CENTURY 21 Northland

    (231) 631-7653

    168 Total Sales

    Cory Beuerle
    Section Image

  • J

    Buyer's Agent in 2017

    Judy Levin

    Coldwell Banker Schmidt-S.Bay

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1828592

Northern Great Lakes REALTORS® MLS

APN: 009-022-029-00

Michigan Leelanau County Lake Leelanau 49653

5877 E Ryans Way, Lake Leelanau, MI

This home is located at 5877 E Ryans Way, Lake Leelanau, MI 49653 since 06 March 2017 and is currently estimated at $3,512,083, approximately $870 per square foot. This property was built in 1993. 5877 E Ryans Way is a home located in Leelanau County with nearby schools including Leland Public School, Leelanau Montessori Public School Academy, and St. Mary School, Lake Leelanau.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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