NOT LISTED FOR SALE

7480 S Shugart Rd Traverse City, MI 49684

Estimated Value: $938,000 - $1,453,000

3 Beds
3 Baths
2,610 Sq Ft
$444/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $640,000 $245 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,754/month

60 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Main Floor Primary Bedroom
  • Deeded Waterfront Access Rights
  • Pole Barn
  • Jetted Tub in Primary Bathroom

About This Home

As of January 2019

Waterfront home on beautiful S. Lake Leelanau and only a short drive to Traverse City. Home is directly on the water with panoramic west facing views of the lake, surely there will be great sunsets! Quiet location at the end of the road and level lot with a small boat ramp. This property features a large detached garage (32’ x 22’) and additional property with a 1200 sq. ft. (30’ x 40’) pole barn with electricity, 11’ tall sliding door & 16’ wide overhead door. Lots of room for all the toys! This home has great potential and would be a wonderful lake front retreat.

Last Agent to Sell the Property

Ron Williamson

CENTURY 21 Northland License #6501205040 Listed on: 10/22/2018

CENTURY 21 Northland

Last Buyer's Agent

Tom Alflen

EXIT Northern Shores-TC License #6501303821

EXIT Northern Shores-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,411

Year Built

  • Built in 1958

Lot Details

  • 0.87 Acre Lot
  • Private Waterfront
  • 100 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,610 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Den
  • Water Views

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Pole Barn

Location

  • Property is near a Great Lake

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Shugart Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,411

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1958
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 36
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1958

Interior Features

  • Appliances Equipment: Refrigerator, Dishwasher, Trash Compactor, Washer, Dryer, Wall Oven, Cook Top, Exhaust Fan, Blinds, Drapes, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Jetted Tub, Built-In Bookcase, Walk-In Closet(s), Mud Room, Den/Study
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 15'x16', On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 16'1"x12'8", On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 22'6"x11'2", On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 16'x12', On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 19'1"x15'9", On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 14'4"x9'2", On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 24'3"x14'8", On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 16'4"x16'7", On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2610
  • Price Per Sq Ft: 245.21
  • Range: R 12W
  • Total Finished Sf Apx: 2610

Exterior Features

  • Additional Buildings: Pole Building(s)
  • Body Of Water: Lake Leelanau
  • Exterior Features: Sprinkler System
  • Exterior Finish: Wood
  • Foundation: Block, Slab
  • Number Of Acres: 0.87
  • Road: Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom, Great Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Concrete, Private
  • Garage Capacity: 4
  • Primary Garage: Detached, Door Opener, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 13'6"x4'10", On Level: Lower Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Shugart Shores

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 100'
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Jan 24, 2019
Sold by
Olson Travis N T
Bought by
Mckinney Jared T and Amalfitano Rachel A
Seller's Agent
Ron Williamson
CENTURY 21 Northland
Buyer's Agent
Tom Alflen
EXIT Northern Shores-TC
List Price
$635,000
Sold Price
$640,000
Premium/Discount to List
$5,000
0.79%
Current Estimated Value
$1,158,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,906
Avg. Annual Appreciation
8.20%
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
Mckinney Jared T $640,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $640,000 +0.8% $245 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $635,000 -- $243 / 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 $5,411 $385,200 $0 $0
2024 $3,903 $375,800 $0 $0
2023 $3,709 $331,400 $0 $0
2022 $4,892 $256,900 $0 $0
2021 $4,963 $241,600 $0 $0
2020 $4,963 $249,900 $0 $0
2019 $2,523 $245,700 $0 $0
2018 -- $232,900 $0 $0
2017 -- $225,300 $0 $0
2016 -- $202,400 $0 $0
2015 -- $196,600 $0 $0
2014 -- $203,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron Williamson

    Seller's Agent in 2019

    Ron Williamson

    CENTURY 21 Northland

    (866) 830-0473

    85 Total Sales

    Ron Williamson
    Section Image
  • Tom Alflen

    Buyer's Agent in 2019

    Tom Alflen

    EXIT Northern Shores-TC

    (231) 649-6797

    108 Total Sales

    Tom Alflen
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1854456

Northern Great Lakes REALTORS® MLS

APN: 001-720-014-00

Michigan Leelanau County Traverse City 49684

7480 S Shugart Rd, Traverse City, MI

This home is located at 7480 S Shugart Rd, Traverse City, MI 49684 since 22 October 2018 and is currently estimated at $1,158,906, approximately $444 per square foot. This property was built in 1958. 7480 S Shugart Rd is a home located in Leelanau County with nearby schools including Suttons Bay Elementary School and Suttons Bay Senior High School.

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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