NOT LISTED FOR SALE

7676 E Otto Rd Lake Leelanau, MI 49653

Estimated Value: $332,000

2.62 Acres
$126,718 Price per Acre
114,127 Sq Ft Lot

Last Sold November 09, 2015

Last sale price $52,500

Est. 532% increase in value since last sale

Current estimated payment $1,903/month

52 Days on Market

About This Lot

As of November 2015

Great location between Traverse City and Lake Leelanau. This 2.62-acre wooded parcel has driveway installed, the building site has recently been cleared and is ready for you to build. Views of South Lake Leelanau and located only minutes to the Villages of Lake Leelanau & Suttons Bay. The property percs for onsite conventional septic & drain field. South Lake Leelanau boat launch is 2.5 miles from property and Suttons Bay boat launch is 5 miles from the property. Ready to build your dream home on this great piece of property located 20 minutes from Traverse City.

Last Agent to Sell the Property

Roger Schaub

Schaub Team Premier Realty License #6501304308 Listed on: 08/28/2015

Last Buyer's Agent

James Stacy

Coldwell Banker Schmidt-S.Bay License #6501185626

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,133

Lot Details

  • 2.62 Acre Lot
  • Lot Dimensions are 262x435
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Schools

  • Suttons Bay Elementary School
  • Suttons Bay Middle School
  • Suttons Bay Senior High School

Utilities

  • Well
  • Private or Community Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$1,133

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 12
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 20038.17
  • Range: R 12W

Exterior Features

  • Number Of Acres: 2.62
  • Road: Public Maintained, Blacktop

Utilities

  • Utilities Available: Electric
  • Waste Available: Private Septic
  • Water Available: Private Well

Schools

  • School District: Suttons Bay Public Schools
  • Elementary School: Suttons Bay Elementary School
  • Middle School: Suttons Bay Middle School
  • High School: Suttons Bay Senior High School

Lot Info

  • Land Features: Cleared, Wooded
  • Lot Dimensions: 262x435
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Metes And Bounds

MLS Schools

  • Elementary School: Suttons Bay Elementary School
  • HighSchool: Suttons Bay Senior High School
  • School District: Suttons Bay Public Schools
  • Middle School: Suttons Bay Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2017
Sold by
Spence Andrew J
Bought by
Ouellette Jeannine L
Current Estimated Value
$332,000

Purchase Details

Closed on
Jun 13, 2013
Sold by
Jerome Randy Lee and Jerome Therese A
Bought by
Cuson John W and Cuson Geri L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ouellette Jeannine L $53,000 --
Cuson John W $45,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2015 11/09/15 Sold $52,500 -11.0% --
10/19/2015 10/19/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $59,000 -- --
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 $1,133 $42,900 $0 $0
2024 $971 $42,900 $0 $0
2023 $924 $33,900 $0 $0
2022 $1,013 $29,400 $0 $0
2021 $1,000 $26,500 $0 $0
2020 $1,000 $26,500 $0 $0
2019 $965 $26,500 $0 $0
2018 -- $26,500 $0 $0
2017 -- $24,500 $0 $0
2016 -- $26,200 $0 $0
2015 -- $20,400 $0 $0
2014 -- $19,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Schaub

    Seller's Agent in 2015

    Roger Schaub

    Schaub Team Premier Realty

    (231) 883-4644

    166 Total Sales

    Section Image

  • J

    Buyer's Agent in 2015

    James Stacy

    Coldwell Banker Schmidt-S.Bay

See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1805490

Northern Great Lakes REALTORS® MLS

APN: 001-112-002-35

Michigan Leelanau County Lake Leelanau 49653

7676 E Otto Rd, Lake Leelanau, MI

This home is located at 7676 E Otto Rd, Lake Leelanau, MI 49653 since 28 August 2015 and is currently estimated at $332,000. 7676 E Otto Rd is a home located in Leelanau County with nearby schools including Suttons Bay Elementary School, Suttons Bay Senior High School, and Leelanau Montessori Public School Academy.

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.

Nearby Homes