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Sold for $255,000
  • $255,000

    5000 S Townhouse Dr #H3, Cedar, MI 49621

    3beds
    1,430sqft
    Condominium, Single Family Residence, Townhouse
    Built in 1978
    -- sqft lot
    $283,500 Zestimate®
    $178/sqft
    $2,697 Estimated rent

    Home value

    $283,500

    $264,000 - $306,000

    $2,697/mo

    Zestimate® history
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    What's special

    In the heart of Leelanau County is the beautifully preserved 3-bedroom, 3-bathroom Sugar Loaf Townhouse. The spacious main level consists of a generous open living area with soaring cathedral ceilings, a wood fireplace, large windows and access to one of two spacious decks. Up a short set of stairs is the dining area, full bath, and the original Davis kitchenette, (buyer may want to renovate and add a full kitchen). The lower levels have 2 generously sized bedrooms each with its own private bath. The loft area houses the 3rd bedroom. New carpet and paint throughout. New windows and sliders to be installed in July. Enjoy beautiful mountain views while you sit by the wood burning fireplace. Grill dinners on the large private balcony. After a full day of exploring Leelanau County, relax in the outdoor heated pool. Whether you are looking for a vacation home, year-round living, or an investment property, this home offers endless opportunities. Short Term rentals are allowed. Association dues include heated outdoor pool, landscaping, snow removal, water, garbage pickup, portion of cable, and a building reserve fund. Close to Sleeping Bear Dunes National Lakeshore, the beautiful beaches of Lake Michigan, and the towns of Leland, Cedar, Glen Arbor, and Suttons Bay. This amazing property is a short drive to many golf courses and wineries. A little slice of Leelanau heaven, just waiting for you. Schedule your showing today. ++Sellers is offering a buyer's credit to install a new kitchen ++

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Gaston 231-941-4500,

    REMAX Bayshore - Union St TC 231-941-4500

    Bought with:

    Jennifer Gaston, 6501397898

    REMAX Bayshore - Union St TC

    Source: NGLRMLS,MLS#: 1924130MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Lower
    • Area: 180
    • Dimensions: 15 x 12
    Bedroom 2
    • Level: Upper
    • Area: 238
    • Dimensions: 17 x 14
    Bedroom 3
    • Level: Upper
    • Area: 80
    • Dimensions: 10 x 8
    Primary bathroom
    • Features: Private
    Dining room
    • Level: Upper
    • Area: 176
    • Dimensions: 16 x 11
    Kitchen
    • Level: Upper
    Living room
    • Level: Upper
    • Area: 255
    • Dimensions: 17 x 15
    Heating
    • Baseboard, Fireplace(s)
    Cooling
    • Electric
    Appliances
    • Included: Other
    • Laundry: Main Level
    Features
    • Cathedral Ceiling(s), Entrance Foyer, Loft, Drywall, Cable TV, High Speed Internet
    • Flooring: Carpet
    • Windows: Blinds
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,430
    • Total interior livable area: 1,430 sqft
    • Finished area above ground: 1,430
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None, Asphalt, Shared Driveway
    Accessibility
    • Accessibility features: None
    Features
    • Entry location: Other,Other
    • Exterior features: Sprinkler System, Balcony, Sidewalk
    • Pool features: In Ground
    • Has view: Yes
    • View description: Countryside View, Ski Slope View
    • Waterfront features: None
    Lot
    • Features: Level, Landscaped
    Details
    • Additional structures: None
    • Parcel number: 4500363005900
    • Zoning description: Residential,Deed Restrictions,Building-Use Restrictions

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Townhouse
    • Property subtype: Condominium, Single Family Residence, Townhouse
    • Attached to another structure: Yes
    Materials
    • Timber Frame, Stucco/Drivit, Wood Siding
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: Shared Septic
    • Water: Community Well

    Community & HOA

    Community
    • Features: Pool, Pets Allowed, Common Area
    • Subdivision: Sugar Loaf Townhouses
    HOA
    • Services included: Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance, Fire Insurance
    • HOA fee: $5,139 annually
    Location
    • Region: Cedar

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $222,400
    • Annual tax amount: $963
    • Price range: $255K - $255K
    • Date on market: 6/29/2024
    • Cumulative days on market: 89 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash,FHA,VA Loan,1031 Exchange
    • Ownership type: Private Owner
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/26/2024Sold$255,000-8.6%$178/sqft
    Source: NGLRMLS #1924130 Report a problem
    9/26/2024Pending sale$279,000$195/sqft
    Source: NGLRMLS #1924130 Report a problem
    7/23/2024Price change$279,000-14.2%$195/sqft
    Source: NGLRMLS #1924130 Report a problem
    6/29/2024Listed for sale$325,000$227/sqft
    Source: NGLRMLS #1924130 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$926 +7.4%$111,200 +19.3%
    2024$863 +4.9%$93,200 +28.9%
    2023$822 +0.8%$72,300 +20.9%
    2022$815 +4.7%$59,800 +49.9%
    2021$779 +14.3%$39,900
    2020$681 $39,900 +1.3%
    2019-- $39,400 +12.9%
    2018-- $34,900
    2017-- $34,900 +40.2%
    2016-- $24,900
    2015-- $24,900
    2014-- $24,900
    2013-- $24,900 +11.2%
    2012-- $22,400
    2011-- $22,400 -50.1%
    2010-- $44,900
    Find assessor info on the county website

    Neighborhood: 49621

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Leland Public School District

    Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $289,170