NOT LISTED FOR SALE

7322 S Shugart Rd Traverse City, MI 49684

Estimated Value: $883,609 - $1,127,000

2 Beds
1.5 Baths
1,881 Sq Ft
$533/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $388,000 $206 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $6,041/month

74 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Sandy Beach
  • Deeded Waterfront Access Rights
  • Guest House
  • Ranch Style House

About This Home

As of July 2013

The idyllic northern Michigan cottage awaits! Now begins the era for your family to enjoy retreats which include sunsets, boating, kayaking, water skiing and lapping waters outside your window. Or, make this your permanent residence; with its' prime location on Lake Leelanau just minutes to town, it's the best of both worlds. The ease and convenience of a close to town location, yet an private oasis just 12.7 miles away from it all.

Last Agent to Sell the Property

Shawn Schmidt Smith

Coldwell Banker Schmidt Traver License #6502361697 Listed on: 04/04/2013

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Shawn Schmidt Smith

Coldwell Banker Schmidt Traver License #6502361697 Listed on: 04/04/2013

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,888

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 119 x 100
  • Private Waterfront
  • 100 Feet of Waterfront
  • Sandy Beach
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Cottage
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,881 Sq Ft Home
  • Bookcases
  • Workshop

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Patio

Additional Homes

  • Guest House

Utilities

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

Community Details

Overview

  • Shugart Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,888

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Cottage
  • Estimated Year Built: 1960
  • Private Shared: Private
  • Section Number: 36
  • Univs Design Barrier Free: No Steps Entry
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer
  • Interior Amenities: Built-In Bookcase, Workshop
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 1x1
  • Total Bathrooms: 1.5
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 1x1
  • Living Room: Dimensions: 1x1
  • Estimated Above Ground Finished Sq Ft: 1881
  • Price Per Sq Ft: 206.27
  • Range: R 10E
  • Total Finished Sf Apx: 1881

Exterior Features

  • Additional Buildings: Guest House
  • Body Of Water: Lake Leelanau
  • Exterior Features: Patio
  • Exterior Finish: Wood
  • Foundation: Slab
  • Number Of Acres: 0.34
  • Road: Private Owned
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Private Dock, Rocky Shoreline, Sandy Bottom, Sandy Shoreline
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Gravel
  • Primary Garage: Carport, Paved Driveway

Utilities

  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: Shugart Shores

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Lot Number: 9
  • Deeded Waterfront: Yes
  • Lot Dimensions: 119 X 100
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Seasonal Use/Winterized

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jul 29, 2013
Sold by
Jacobson Paul and Jacobson Laura
Seller's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traver
Buyer's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traver
List Price
$424,900
Sold Price
$388,000
Premium/Discount to List
-$36,900
-8.68%
Current Estimated Value
$1,002,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,652
Avg. Annual Appreciation
8.07%
Source: Public Records

Range of Values:

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Average Value
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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
-- $388,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2013 07/31/13 Sold $388,000 -8.7% $206 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $424,900 -- $226 / 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 $8,888 $353,300 $0 $0
2024 $7,566 $345,700 $0 $0
2023 $7,199 $304,900 $0 $0
2022 $7,953 $240,500 $0 $0
2021 $7,741 $226,200 $0 $0
2020 $7,741 $233,900 $0 $0
2019 $7,329 $230,400 $0 $0
2018 -- $220,900 $0 $0
2017 -- $214,300 $0 $0
2016 -- $193,800 $0 $0
2015 -- $188,800 $0 $0
2014 -- $189,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1743457

Northern Great Lakes REALTORS® MLS

APN: 001-720-009-00