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Single Family ResidenceResidential
$329,661$330 / 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 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $176,000 on Sep 21, 2017

12481 S BUGAI RD

CEDAR, MI 49621
3
Beds
2
Baths
1,000 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.
1.77 ac
Lot SizeThe size of the land the home sits on, from county records.
1980
Year BuiltThe year the home was originally built, according to county records.

Valuation

$330K
$306K low$353K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$176,000 · Sep 21, 2017

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,941 (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.$178,700 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$164,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$357,400

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.1.77
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 · 3.5 mi
E
Long Lake Elementary SchoolB-
Elementary · Grades PK–5 · 3.8 mi
M
Traverse City West Middle SchoolA
Middle · Grades 6–8 · 4.3 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

12481 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 89% of homes in Leelanau County
  • Costs less per square foot than 69% of homes in Leelanau County
  • Smaller than 88% of homes in Leelanau County
  • Has a bigger lot than 67% 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
$166K$1.6M

This home is worth more than 16% 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$329,661
CheaperTypical $495,211Pricier

Pricier than 16% of homes nearby

Price per ft²$330
CheaperTypical $355Pricier

Pricier than 44% of homes nearby

Living area1,000 ft²
SmallerTypical 1,488 ft²Bigger

Bigger than 14% of homes nearby

Lot size1.77 ac
SmallerTypical 1.37 acBigger

Bigger than 55% of homes nearby

Year built1980
OlderTypical 1987Newer

Newer than 43% of homes nearby

How 12481 S Bugai Rd ranks against every home in each area.
MeasureThis homeCedar 49621Leelanau County
Estimated valuepricier than$329,66116% of homes11% of homes
Price per ft²pricier than$33044% of homes31% of homes
Living areabigger than1,000 ft²14% of homes12% of homes
Lot sizebigger than1.77 ac55% of homes67% of homes
Year builtnewer than198043% of homes46% of homes

About 12481 S Bugai Rd

How much is 12481 S Bugai Rd, Cedar, MI worth?

The TopHap Estimate for 12481 S Bugai Rd, Cedar, MI is $329,661 as of Aug 30, 2026. The likely range is $306,318 to $353,004. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 12481 S Bugai Rd, Cedar, MI last sell?

12481 S Bugai Rd, Cedar, MI last sold on Sep 21, 2017 for $176,000, according to the county's recorded deed.

How big is 12481 S Bugai Rd, Cedar, MI?

12481 S Bugai Rd, Cedar, MI has 3 bedrooms, 2 bathrooms, 1,000 square feet of living space and a 1.77-acre lot.

When was 12481 S Bugai Rd, Cedar, MI built?

12481 S Bugai Rd, Cedar, MI was built in 1980, making it 46 years old.

What schools serve 12481 S Bugai Rd, Cedar, MI?

12481 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 12481 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 16% of them ($329,661 against a typical $495,211), its price per square foot is higher than 44% of them ($330 against a typical $355), it is bigger than 14% of them (1,000 ft² against a typical 1,488 ft²), its lot is bigger than 55% of them (1.77 ac against a typical 1.37 ac) and it is newer than 43% of them (1980 against a typical 1987). Measured against all of Leelanau County, it is worth more than 11% 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 12481 S Bugai Rd, Cedar, MI?

The 2025 property tax bill for 12481 S Bugai Rd, Cedar, MI was $1,941. The county assessed it at $178,700.

More homes on S Bugai Rd

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