308 E 5th St, Leland, MI 49654
Property image
Property image
OFF MARKET

$394,000

Trulia Estimate
  • 1 Bed
  • 1.5 Baths
  • 504 sqft

308 E 5th St, Leland, MI 49654

Est. Refi. Payment $2,351/mo*
Refinance Your Home
Currently Off Market - Sold Feb 12, 2024 for $410,000

Home Value

Trulia Estimate
$394K
Since last month
Decreased$28K (-6.6%)
Since last year
Decreased$56K (-12.4%)
Since last sale
Decreased$16K (-3.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -9% in the last 10 years
MonthEstimated value
2026
August 2026$394K
August 2026$392K
July 2026$422K
June 2026$423K
May 2026$390K
April 2026$379K
March 2026$365K
February 2026$353K
January 2026$364K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
525 E Oak St, Leland, MI
0.01
Single-Family Home
$765,000
01/16/26
4
3
2,148
205 2nd St, Leland, MI
0.38
Single-Family Home
$1,350,000
06/01/26
4
2
2,002
508 S Main St, Leland, MI
0.41
Single-Family Home
$1,100,000
10/18/25
4
3.5
2,048
201 N 2nd St, Leland, MI
0.37
Single-Family Home
$1,450,000
07/31/26
4
2.5
1,902
4213 E Oxford Dr, Leland, MI
0.77
Single-Family Home
$685,000
06/12/26
3
2
1,600
110 W Terrace Lane Cmns, Leland, MI
0.84
Single-Family Home
$570,000
11/07/25
3
3
1,858
420 N Grand Ave, Leland, MI
0.46
Single-Family Home
$1,893,000
09/24/25
3
2
1,974
4039 E Oxford Dr, Leland, MI
0.97
Single-Family Home
$627,500
04/01/26
3
2
1,800
116 W Hill St, Leland, MI
0.68
Single-Family Home
$1,665,000
07/17/26
3
2.5
2,250
6350 E Horn Rd, Lake Leelanau, MI
1.25
Single-Family Home
$715,000
08/20/26
1
1
1,140

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
502 E Union St, Leland, MI 49654
0.02
$750,900
3
2
1,100
Off Market
304 S 4th St, Leland, MI 49654
0.03
$1,294,000
5
3.5
3,200
Off Market
525 E Oak St, Leland, MI 49654
0.01
$765,000
4
3
2,148
Recently Sold
E Oak St, Leland, MI 49654
0.03
-
-
-
-
Off Market
550 E Union St, Leland, MI 49654
0.04
$880,200
2
1.5
1,184
Off Market
Union St, Leland, MI 49654
0.05
-
-
-
-
Off Market
209 S 4th St, Leland, MI 49654
0.07
-
3
1.5
1,770
Off Market
305 S 5th St, Leland, MI 49654
0.05
$966,100
5
3
1,720
Off Market
602 E Union St, Leland, MI 49654
0.06
$852,700
2
3
2,599
Off Market
5th St, Leland, MI 49654
0.05
-
-
-
-
Off Market
408 S 4th St, Leland, MI 49654
0.09
$624,000
3
1.5
1,092
Off Market

Local Information

  • Map ViewExplore the area around 308 E 5th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1978
504 sqft
$782/sqft

About this House

Rare opportunity to obtain your own little slice of Leland. This one bedroom, 1 bathroom home along a shared, privately maintained road. There is outdoor access to a lower-level workshop, and laundry with an additional half bathroom. Create your own northern Michigan retreat by updating this little oasis with great potential. Convenient access to all Leland amenities including restaurants, beaches, park, and Country Club. Included in the sale is a backup woodstove, window AC unit, dehumidifier, and gas grill.
308 E 5th St, Leland, MI 49654 is a 1 bedroom, 2 bathroom, 504 sqft single-family home built in 1978. It last sold for $410,000 on Feb 12, 2024 (37% above the $299,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $394,000, with a rent estimate of $1,253/month.
Last check for updates: about 23 hours ago
Listed by Joe Campo
Schaub Team Premier Realty, (231) 674-5950
Tim Schaub, (231) 883-3545
Schaub Team Premier Realty, (231) 674-5950
Bought with: Robin Vilter, (231) 642-1379, Five Star Real Estate - Front St TC, (231) 778-1200
Source: NGLRMLS, MLS#1918963

Home Details for 308 E 5th St

Interior Features

Interior Details
Basement: Exterior Entry,Bath/Stubbed,UnfinishedNumber of Rooms: 4Types of Rooms: Master Bedroom, Master Bathroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 504 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Oven/Range, Microwave, Washer, DryerDryerLaundry: Lower LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,WoodHas CoolingAir Conditioning: Window Unit(s),Electric,Window A/C Unit(s)Has HeatingHeating Fuel: Baseboard
Fireplace & Spa
Fireplace: Insert, Wood Burning, StoveHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Drapes, Curtain RodsFlooring: Wood, Laminate, Carpet
Levels, Entrance, & Accessibility
Accessibility: NoneFloors: Wood, Laminate, Carpet
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Deck, Multi-Level DeckingFencing: FencedOther Structures: NoneExterior: GardenFoundation: Block, SlabGardenNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageNo Open ParkingParking: None,Gravel,Alley Access
Frontage
Waterfront: NoneResponsible for Road Maintenance: Shared, Private Maintained RoadRoad Surface Type: GravelNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 504 Square Feet

Days on Market

Cumulative Days on Market: 12

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Raised Ranch
Building
Construction Materials: 2x6 Framing, Frame, Wood SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Condition: FixerParcel Number: 4500955050700

Price & Status

Price
List Price: $299,000
Status Change & Dates
Off Market Date: Mon Feb 12 2024Possession Timing: Negotiable

Active Status

MLS Status: Sold Co-op Member

Location

Direction & Address
City: LelandCommunity: N/A
School Information
Elementary School: Leland Public SchoolElementary School District: Leland Public School DistrictJr High / Middle School: Leland Public SchoolJr High / Middle School District: Leland Public School DistrictHigh School: Leland Public SchoolHigh School District: Leland Public School District

Building

Building Area
Building Area: 504 Square Feet

Community

Community Features: None

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 6098.4 sqft

Offer

Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash

Miscellaneous

BasementMls Number: 1918963Above Grade Unfinished Area: 504

Additional Information

None

Price and Tax history

DateEventPrice
Feb 12, 2024
Source: NGLRMLS #1918963
Sold
$410,000
Feb 3, 2024
Source: NGLRMLS #1918963
Pending
$299,000
Jan 31, 2024
Source: NGLRMLS #1918963
Listed For Sale
$299,000

Market trends in Leland

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
9
1MoM

Around this home

What Locals Say about Leland

At least 1 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 100 % Say there are community events

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 100 % Say it's walkable to grocery stores

  • 100 % Say it's walkable to restaurants

  • 100 % Say parking is easy

  • 100 % Say people would walk alone at night

  • 100 % Say streets are well-lit

  • 100 % Say kids play outside

  • 86 % Say neighbors are friendly

  • 50 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Karen S.
    "The school is top rate. There is an IB program also. The area is extremely safe. Outdoor recreation opportunities abound. "
    1
    Flag
  • Kristin
    "Starting to be more families with young kids. Very family friendly area. Safe place to raise kids. We really love it. "
    0
    Flag

LGBTQ Local Legal Protections

The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

Frequently asked questions about 308 E 5th St

  • What is 308 E 5th St estimated to be worth?
    Trulia's estimated value for 308 E 5th St in Leland, MI is $394,000.
  • What is the price history for 308 E 5th St?
    308 E 5th St in Leland, MI last sold for $410,000 in February 2024.
  • Is Leland a buyer's or seller's market?
    Leland is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 308 E 5th St?
    The closest schools to 308 E 5th St in Leland, MI are Leland Public School (K-12, rated 8/10).
  • Does 308 E 5th St have air conditioning?
    Yes, 308 E 5th St in Leland, MI has air conditioning.
  • Does 308 E 5th St have laundry facilities?
    Yes, 308 E 5th St in Leland, MI has in-unit laundry.

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