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Single Family ResidenceResidential
$547,572$368 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $340,000 on Nov 25, 2022

12231 S BUGAI RD

CEDAR, MI 49621
3
Beds
2
Baths
1,488 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.11 ac
Lot SizeThe size of the land the home sits on, from county records.
1991
Year BuiltThe year the home was originally built, according to county records.

Valuation

$548K
$513K low$582K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$340,000 · Nov 25, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,288 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$229,600 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$218,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$459,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLEELANAU
Lot (acres)The size of the land the home sits on, from county records.1.11
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Traverse West Senior High SchoolA
High · Grades 9–12 · 3.7 mi
E
Long Lake Elementary SchoolB-
Elementary · Grades PK–5 · 4.0 mi
M
Traverse City West Middle SchoolA
Middle · Grades 6–8 · 4.5 mi

District: Traverse City Area Public Schools

Neighborhood · ZIP 49621These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.86
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.79
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.7

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.73%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.3,719
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.55 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$83,603
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$101,481
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.49%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

12231 S Bugai Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 67% of homes in Leelanau County
  • Costs less per square foot than 70% of homes in Leelanau County

What homes are worth in Cedar 49621

Each bar is how many homes fall in that price range. The marker is this home.

This home
$242K$1.8M

This home is worth more than 49% of homes in Cedar 49621.

How it measures up in Cedar 49621

The dot is this home. The mark in the middle is the typical home in Cedar 49621.

Estimated value$547,572
CheaperTypical $549,698Pricier

Pricier than 49% of homes nearby

Price per ft²$368
CheaperTypical $395Pricier

Pricier than 44% of homes nearby

Living area1,488 ft²
SmallerTypical 1,488 ft²Bigger

Bigger than 50% of homes nearby

Lot size1.11 ac
SmallerTypical 1.36 acBigger

Bigger than 45% of homes nearby

Year built1991
OlderTypical 1987Newer

Newer than 58% of homes nearby

How 12231 S Bugai Rd ranks against every home in each area.
MeasureThis homeCedar 49621Leelanau County
Estimated valuepricier than$547,57249% of homes33% of homes
Price per ft²pricier than$36844% of homes30% of homes
Living areabigger than1,488 ft²50% of homes42% of homes
Lot sizebigger than1.11 ac45% of homes58% of homes
Year builtnewer than199158% of homes61% of homes

About 12231 S Bugai Rd

How much is 12231 S Bugai Rd, Cedar, MI worth?

The TopHap Estimate for 12231 S Bugai Rd, Cedar, MI is $547,572 as of Sep 24, 2026. The likely range is $513,343 to $581,801. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 12231 S Bugai Rd, Cedar, MI last sell?

12231 S Bugai Rd, Cedar, MI last sold on Nov 25, 2022 for $340,000, according to the county's recorded deed.

How big is 12231 S Bugai Rd, Cedar, MI?

12231 S Bugai Rd, Cedar, MI has 3 bedrooms, 2 bathrooms, 1,488 square feet of living space and a 1.11-acre lot.

When was 12231 S Bugai Rd, Cedar, MI built?

12231 S Bugai Rd, Cedar, MI was built in 1991, making it 35 years old.

What schools serve 12231 S Bugai Rd, Cedar, MI?

12231 S Bugai Rd, Cedar, MI is assigned to Traverse West Senior High School (high), rated A; Long Lake Elementary School (elementary), rated B-; Traverse City West Middle School (middle), rated A. All sit in Traverse City Area Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 12231 S Bugai Rd, Cedar, MI compare to other homes in Cedar 49621?

Among the 2,054 homes in Cedar 49621, it is worth more than 49% of them ($547,572 against a typical $549,698), its price per square foot is higher than 44% of them ($368 against a typical $395), it is bigger than 50% of them (1,488 ft² against a typical 1,488 ft²), its lot is bigger than 45% of them (1.11 ac against a typical 1.36 ac) and it is newer than 58% of them (1991 against a typical 1987). Measured against all of Leelanau County, it is worth more than 33% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 12231 S Bugai Rd, Cedar, MI?

The 2025 property tax bill for 12231 S Bugai Rd, Cedar, MI was $3,288. The county assessed it at $229,600.

More homes on S Bugai Rd

Closest homes

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