NOT LISTED FOR SALE

8115 S Rustic Dr Cedar, MI 49621

Estimated Value: $756,000 - $807,838

4 Beds
2.5 Baths
2,040 Sq Ft
$380/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $760,000 $373 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,720/month

41 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Deck
  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Wooded Lot

About This Home

As of September 2024

Awesome opportunity on SW Lake Leelanau where it's always sunny in Cedar! Charming log and shake cabin in Leelanau Rustic Resort, has 4 bedrooms, 3 baths, completely furnished and ready for family vacation and/or income. Has current STR rent schedule. Whole house generator. HOA common areas; pole barn, dock, fish cleaning house, air compressor, play area and sand box.

Last Agent to Sell the Property

Jeffrey Wichern

The Martin Company License #6506046980 Listed on: 08/17/2024

Last Buyer's Agent

Non Member Office

NON-MLS MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 35x112x25x87x45
  • Private Waterfront
  • 35 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Block Foundation
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Drapes & Rods
  • Bay Window
  • Mud Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Lake Privileges
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Shared Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Shared Septic
  • Community Sewer or Septic
  • Cable TV Available

Community Details

Overview

  • Association fees include trash removal, snow removal, lawn care, liability insurance
  • Leelanau Rustic Resort Community

Amenities

  • Common Area

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Cottage
  • Estimated Year Built: 1972
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1972
  • Year Renovated: 2016

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Water Softener Owned, Washer, Dryer, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Bay Window(s), Breakfast Nook, Mud Room, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 11x13, On Level: Upper Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 10x11, On Level: Upper Floor, Flooring: Laminate
  • Bedroom 3: Dimensions: 7x12, On Level: Main Floor, Flooring: Laminate
  • Bedroom 4: Dimensions: 7x12, On Level: Main Floor, Flooring: Laminate
  • Total Bathrooms: 2.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 13x9, On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 9x9, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 17x19, On Level: Main Floor, Flooring: Laminate
  • Range: R 12W
  • Total Finished Sf Apx: 2040

Exterior Features

  • Body Of Water: Lake Leelanau
  • Exterior Features: Deck
  • Exterior Finish: Vinyl, Log Siding
  • Foundation: Crawl Space, Block, Poured Concrete
  • Number Of Acres: 0.12
  • Road: Gravel, Association, Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Sandy Bottom, Public Lake
  • Waterfront Frontage: 35

Garage/Parking

  • Driveway: Gravel

Utilities

  • Fireplaces And Stoves: Electric
  • Heating Cooling Types: Baseboard, Ductless A/C
  • Laundry: Dimensions: 4x5, On Level: Main Floor, Flooring: Laminate
  • Sewer: Pump Back, Shared Septic, Development Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Shared Well

Condo/Co-op/Association

  • HOA Fee Includes: Trash Removal, Snow Removal, Lawn Care, Liability Insurance
  • Annual Association Fees: 4500
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Lake Privileges, Pets Allowed, Common Area
  • Development Name: Leelanau Rustic Resort

Lot Info

  • Lot Number: 5
  • Deeded Waterfront: Yes
  • Land Features: Wooded, Evergreens, Level, Sloping
  • Lot Dimensions: 35x112x25x87x45
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Glen Lake Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2024
Closed on
Sep 27, 2024
Sold by
Birrell Edward F
Bought by
Loughridge Castle Llc
Seller's Agent
Jeffrey Wichern
The Martin Company
Buyer's Agent
Non Member Office
NON-MLS MEMBER OFFICE
List Price
$759,000
Sold Price
$760,000
Premium/Discount to List
$1,000
0.13%
Views
41
Current Estimated Value
$776,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,210
Avg. Annual Appreciation
1.72%

Purchase Details

Closed on
Dec 14, 1991
Sold by
Korzyn
Bought by
Birrell Edward F and Birrell Joan D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loughridge Castle Llc $760,000 --
Birrell Edward F $112,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $760,000 +0.1% $373 / Sq Ft
08/17/2024 08/17/24 For Sale $759,000 -- $372 / 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 $3,335 $286,300 $0 $0
2024 $2,534 $248,600 $0 $0
2023 $926 $222,700 $0 $0
2022 $3,066 $204,900 $0 $0
2021 $2,975 $201,200 $0 $0
2020 $3,010 $200,700 $0 $0
2019 $2,869 $189,100 $0 $0
2018 -- $185,700 $0 $0
2017 -- $186,500 $0 $0
2016 -- $181,800 $0 $0
2015 -- $180,500 $0 $0
2014 -- $161,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1926091

Northern Great Lakes REALTORS® MLS

APN: 010-800-005-00