NOT LISTED FOR SALE

951 E Sugar Bay Ln Cedar, MI 49621

Estimated Value: $442,000 - $638,000

3 Beds
1.5 Baths
1,200 Sq Ft
$448/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $434,412 $362 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,191/month

3 Days on Market

Highlights

  • Countryside Views
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Deck
  • Cathedral Ceiling
  • Loft

About This Home

As of June 2022

This 1940 bungalow cottage offers a serene setting in the heart of Leelanau County, right between Leland and Glen Arbor. You’ll find yourself fully immersed in nature as it is surrounded by two acres of hardwoods. The cottage offers a unique design, incorporating modern conveniences while maintaining its historical integrity. Cathedral ceilings open the home’s great room to airy, natural light through stained glass windows. Outside you’ll enjoy a newly constructed walkway and deck equipped with a fully functioning hot tub. This property is located just minutes from Lime Lake. Public access is located at Teichner Preserve and at the boat launch. Several upgrades include: flooring throughout, bathroom tile, new well, fireplace, new paint throughout, whole house water filtration, deck/walkway, cable hook up, open kitchen shelving, refurbished lower kitchen cabinets, and upgraded appliances. This property is an active short term rental with proven rental history! A rare opportunity. Furnishings are negotiable. ***PLEASE DO NOT ENTER THE PROPERTY WITHOUT A LICENSED AGENT AND CONFIRMED SHOWING APPOINTMENT AS THIS IS AN ACTIVE SHORT TERM RENTAL. Note: Short-term rentals are not permitted in Cleveland Township but a ban is not enforced per local zoning due to high volume of active short term rentals in the township.***

Last Agent to Sell the Property

Aubrey Vandemark

The Mitten Real Estate Group License #6501408051 Listed on: 04/20/2022

Co-Listed By

Miles Prendergast

Keller Williams Northern Michigan License #6501437832

Last Buyer's Agent

Carly Petrucci

Coldwell Banker Schmidt Traver License #6501377360

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,062

Year Built

  • Built in 1940

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 217x400
  • Fenced Yard
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 1,200 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Great Room
  • Loft
  • Countryside Views
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Metes And Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,062

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Cottage
  • Estimated Year Built: 1940
  • Construction: Frame
  • Section Number: 14
  • Year Updated: 2018
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Cathedral Ceilings, Loft, Great Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 10x9, On Level: Main Floor
  • Bedroom 2: Dimensions: 10x12, On Level: Upper Floor
  • Bedroom 3: Dimensions: 10x10, On Level: Upper Floor
  • Total Bathrooms: 1.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 10x10, On Level: Main Floor
  • Kitchen: Dimensions: 8x8, On Level: Main Floor
  • Living Room: Dimensions: 14x16, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 1200
  • Price Per Sq Ft: 362.01
  • Range: R 13W
  • Total Finished Sf Apx: 1200

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Countryside View
  • Exterior Finish: Wood
  • Foundation: Slab
  • Number Of Acres: 2
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: None
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Leland Public School District

Lot Info

  • Land Features: Wooded-Hardwoods, Level
  • Lot Dimensions: 217x400
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Unknown

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 1380.75
  • Winter Taxes: 250.56

MLS Schools

  • School District: Leland Public School District

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2022 06/01/22 Sold $434,412 +11.4% $362 / Sq Ft
04/20/2022 04/20/22 For Sale $390,000 +239.1% $325 / Sq Ft
03/21/2018 03/21/18 Sold $115,000 -4.2% $96 / Sq Ft View Prior Sale
03/14/2018 03/14/18 Pending -- -- --
11/29/2017 11/29/17 For Sale $120,000 -- $100 / 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 $4,062 $160,200 $0 $0
2024 $3,257 $149,600 $0 $0
2023 $3,227 $122,200 $0 $0
2022 $1,697 $54,400 $0 $0
2021 $1,783 $52,500 $0 $0
2020 $1,783 $57,500 $0 $0
2019 $1,736 $66,000 $0 $0
2018 -- $52,500 $0 $0
2017 -- $53,100 $0 $0
2016 -- $44,600 $0 $0
2015 -- $43,100 $0 $0
2014 -- $45,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1898744

Northern Great Lakes REALTORS® MLS

APN: 003-014-014-10