20 days on rocket

2541 E Cherry Ln, Cedar, MI, 49621

$379,000

Home List Price

$4,501*

Closing Credit

2 Bedrooms
2 Full Baths
1,350 SqFt
$281/SqFt
House

Location

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2541 E Cherry Ln, Cedar$379,000

Buyer Closing Credits

$4,501*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, None
Year Built1991
HeatingForced Air
WaterfrontNone
FireplaceWood, Stove
MLS #1926551
Lot Size0.30 Acres
StatusActive
(Active U/C Taking Backups)

About 2541 E Cherry Ln

Nestled in the desirable Sugarloaf Chalets, this cute home is a true gem in the heart of Leelanau County. Perfectly suited for first-time homebuyers, those looking to downsize, or anyone dreaming of an Up North getaway, this property offers a blend of cozy comfort and outdoor enjoyment. Warm wood finishing touches throughout, add a welcoming and rustic charm to the home. The kitchen island offers a great space for those who enjoy cooking and will serve as a great gathering space during get togethers. As the temperatures drop, imagine cozying up by the woodstove, a perfect spot to relax on those cooler Northern Michigan nights and chilly winter days. Listed as a 2 bedroom, there is a 3rd non-conforming bedroom/office. The standout feature of this property is the shaded backyard, where beautiful birch, maple, and other established hardwoods create a serene and picturesque setting. This is the ideal spot for entertaining family and friends or unwinding by the bonfire with your favorite beverage. On hot summer days, you’ll appreciate the cool breeze from the north wind as you take in the stunning countryside views from the backyard, which adjoins an open field. Location is everything, and this home is perfectly positioned near Good Harbor Beach on Lake Michigan, as well as some of the best golf courses, wineries, and scenic drives on M-22. Plus, it’s just minutes away from Leland, Glen Arbor, and all the attractions that Leelanau County has to offer. Short-term rentals are allowed, making this an excellent investment opportunity as well. Whether you're looking for a permanent residence or a seasonal retreat, this home has it all. Come see and you just might want to call it Home Sweet Home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, 1 Story
  • Year Built: 1991
  • Living Area: 1,350 SqFt

Listing Office:

  • Office Name: The Mitten Real Estate Group
  • Listing Agent: T. J. Shimek

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer
  • Interior: Walk-In Closet(s), Island Kitchen, Mud Room
  • Fireplace: Wood, Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Deck, Wood

Parking Information:

  • Attached Garage: No
  • Parking: Gravel, None

Lot Features

Lot Information:

  • Lot: Cleared, Wooded, Level
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Leland Public School, Public District Grades PK-12

Other

Directions Information:

  • Directions: Townline Road to Eitzen Road. Turn East. Go to Sugar Maple Dr. Turn right. Follow to Cherry Ln. Turn left. House on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $379,000
  • Price Per SqFt: $281/SqFt

Tax Information:

  • Annual Amount: $1,014
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cedar, MI.

Med. Sold Price

$464K

Med. Price/SqFt

$186

Avg. Days On Market

66

# of Sold Homes

2

2541 E Cherry Ln vs Cedar

20 DAYS ON ROCKET

-46 Days

$379,000

-$85K Less

$281/SqFt

+$95 More

KEY TAKEAWAY

This property is $85K less than the Median Sold Price and $95/SqFt more than other homes in Cedar, MI.

Based on homes sold in August 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1926551

Listing Office:

  • Office Name: The Mitten Real Estate Group
  • Listing Agent: T. J. Shimek

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/18/2024, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,014$70,400
2020 - $68,400
2019 - $72,900
2018 - $62,600
2017 - $63,100

History based on county public records data.

Payment Calculator

$1,959

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,203

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-3233973
8
/10
  • Leland Public School

  • 200 N Grand Ave

  • 7.57 miles

  • Public District Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,896. Typical income of Cedar, MI residents is between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2541 E Cherry Ln

What is the listing price of this property?

The listing price of 2541 E Cherry Ln property is $379,000.

What type of property is this?

The property 2541 E Cherry Ln is a house located in Cedar, Michigan, 49621.

Is this property for sale now?

Active Listing: 2541 E Cherry Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2541 E Cherry Ln are:
Leland Public School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,014 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2541 E Cherry Ln has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2541 E Cherry Ln is 1,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2541 E Cherry Ln is 1991.

Rocket HomesMichiganLeelanau CountyCedar496212541 E Cherry Ln

This home is located at 2541 E Cherry Ln in Cedar, MI and zip code 49621. This 1,350 square foot home, which was built in 1991, sits on a 0.30 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $379,000.

In August 2024 more than 0 listings in Cedar, MI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. In August 2024 in Cedar, MI there were 23.8% more homes for sale than in July 2024. In August 2024, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $464,000.

From Rocket Homes Real Estate and based on county public records data.

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