NOT LISTED FOR SALE

8145 S Rustic Dr Cedar, MI 49621

Estimated Value: $763,000 - $1,015,694

3 Beds
3.5 Baths
2,538 Sq Ft
$350/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $465,000 $183 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,578/month

140 Days on Market

Highlights

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

About This Home

As of December 2017

Beautiful countryside location on the southwest shore of Lake Leelanau - boasting magnificent sunrises, gorgeous sunsets, and terrific Bass, Walleye, Pike, and Perch fishing right out your door. The lake is clean and clear, with a hard sandy-bottom that gradually gets deeper – no steep drop-offs - perfect for swimmers of all ages. And don't forget the fun you can have in the winter – like snow tubing at Timberlee Hills right across the lake! You'll love the home's open living area with its warm cottage feel; natural F/P with stone surround; knotty pine tongue and groove walls & ceilings; and large windows that span the entire width of the living and dining rooms – showcasing spectacular panoramic views of Lake Leelanau. All 3 bedrooms are very spacious and possess their own full bath and cable TV hookup – a huge plus when entertaining overnight guests. Kitchen delivers an abundance of cabinet space and a large walk-in pantry. Work in your dedicated office space or on your large 3-season porch, then head out to your dock to fish, swim, or bask in the sun. With 65 ft. of frontage, there's plenty of room for the hammocks, lounge chairs, picnic tables, and that competitive game of Corn Hole. This waterfront home also comes with an additional Parcel that contains an oversized 2 car detached garage (with electricity) – a handyman's haven that possesses full loft storage space above. This truly is an exceptional opportunity. Negotiable are many of the home’s furniture items, as well as pontoon and boat hoist. This is an ideal property to have as your vacation getaway, income property, or permanent residence – all nestled on 2 acres of pure Leelanau County – and like a dream, situated within minutes of Fishtown (Leland), Suttons Bay, Traverse City, the Dunes, and so much more! Copy and Paste this link into your browser to access additional photos and videos http://wheretherestbegins.com/8145srusticdr.html

Last Agent to Sell the Property

Linda Schaub

REO-TCRandolph-233022 License #6501290614 Listed on: 07/21/2017

REO-TCRandolph-233022

Last Buyer's Agent

Kimberly Bork

Venture Property LLC License #6502428855

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,540

Year Built

  • Built in 1940

Lot Details

  • 2.06 Acre Lot
  • Private Waterfront
  • 65 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 4 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2,538 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Screened Porch
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Utilities

  • Baseboard Heating
  • Shared Well
  • Water Softener is Owned
  • Shared Septic
  • Cable TV Available

Community Details

Overview

  • Association fees include lawn care, liability insurance, sewer, snow removal, trash removal, water
  • Leelanu Rustic Resort Community

Amenities

  • Common Area

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,540

Year Built

Built in 1940

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1940
  • Construction: Timber Frame
  • Private Shared: Private
  • Section Number: 3
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Microwave, Water Softener Owned, Washer, Dryer
  • Interior Amenities: Foyer Entrance, Pantry
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 23.00x11.06, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 17.03x13.07, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 16.00x13.08, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 18.08x12.00, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 18.00x12.00, On Level: Main Floor, Flooring: Carpet
  • Living Room: Dimensions: 22.10x13.04, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2538
  • Price Per Sq Ft: 183.22
  • Range: R 12W
  • Total Finished Sf Apx: 2538

Exterior Features

  • Body Of Water: Lake Leelanau
  • Exterior Features: Sidewalk, Landscaped, Screened Porch
  • Exterior Finish: Aluminum
  • Foundation: Crawl Space, Slab
  • Number Of Acres: 2.06
  • Road: Association, Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Private Dock, Sandy Bottom, Public Lake
  • Waterfront Frontage: 65

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 4
  • Primary Garage: Detached, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Hot Water, Baseboard
  • Laundry: On Level: Main Floor, Flooring: Vinyl
  • Sewer: Shared Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Shared Well

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Annual Association Fees: 3000

Association/Amenities

  • Development Amenities: Community Dock, Lake Privileges, Common Area
  • Development Name: Leelanu Rustic Resort

Schools

  • School District: Glen Lake Community Schools

Lot Info

  • Lot Number: 1
  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 65x192x81x189 &
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Glen Lake Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Dec 8, 2017
Sold by
Laura Lawicki
Bought by
Rollenhagen Scott G and Rollenhagen Cynthia L
Seller's Agent
Linda Schaub
REO-TCRandolph-233022
Buyer's Agent
Kimberly Bork
Venture Property LLC
List Price
$499,999
Sold Price
$465,000
Premium/Discount to List
-$34,999
-7%
Total Days on Market
140
Current Estimated Value
$843,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,188
Avg. Annual Appreciation
8.12%
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
Rollenhagen Scott G $465,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2017 12/11/17 Sold $465,000 -7.0% $183 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $499,999 -- $197 / 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 $8,540 $357,900 $0 $0
2024 $6,525 $323,500 $0 $0
2023 $2,385 $276,100 $0 $0
2022 $7,849 $249,700 $0 $0
2021 $7,615 $243,900 $0 $0
2020 $7,705 $243,100 $0 $0
2019 $7,341 $225,200 $0 $0
2018 -- $219,500 $0 $0
2017 -- $220,600 $0 $0
2016 -- $213,100 $0 $0
2015 -- $207,500 $0 $0
2014 -- $181,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1835906

Northern Great Lakes REALTORS® MLS

APN: 010-800-001-00