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2540 Setterbo Rd

Suttons Bay, MI 49682

3 bd 2 ba 2,828 sqft Built 1889 Lot 435,600 sqft single_family
Most recent sale
$906,500
Nov 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 29, 2021 Sold $906,500 MLS #1894292
Oct 21, 2021 Listed $950,000 MLS #1894292

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $283,580 $7,604
2020 $315,540 $8,935

Property facts

Year built
1889
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,828 sqft
Lot size
435,600 sqft
ZIP code
49682
City
Suttons Bay
Street
Setterbo Rd
Coordinates
45.01929, -85.66164

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,242
Gross rental yield
5.62%
Implied cap rate
3.65%
Trend-extrapolated value

Frequently asked questions

When did 2540 Setterbo Rd last sell?
2540 Setterbo Rd most recently sold on Nov 29, 2021 for $906,500.
What is the current tax assessment for 2540 Setterbo Rd?
The most recent total assessment for 2540 Setterbo Rd (year 2021) is $283,580 with $7,604 in property tax.
How does 2540 Setterbo Rd's assessment compare to its last sale price?
The current assessment is 68.7% below the last sale price of $906,500.
When was 2540 Setterbo Rd built?
2540 Setterbo Rd was built in 1889.
How does 2540 Setterbo Rd compare to others on Setterbo Rd?
We track 8 other properties on Setterbo Rd. Browse the list under "Other properties on Setterbo Rd" to compare beds, baths, and sale history.
What are the property facts for 2540 Setterbo Rd?
2540 Setterbo Rd is a 3 bed, 2 bath, 2,828 sqft, 435,600 sqft lot single_family.
Is 2540 Setterbo Rd a flip candidate?
No — 2540 Setterbo Rd does not appear in our flips dataset.
Is 2540 Setterbo Rd a tax-appeal candidate?
No — 2540 Setterbo Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-8.9%
Implied 1-yr
-35.7%
2026 Q2
$174.7K
2026 Q3
$137.6K
ZIP 49682 — Median Price History + Forecast

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