NOT LISTED FOR SALE

1560 E Ludington Dr Farwell, MI 48622

Estimated Value: $77,954 - $168,000

-- Bed
1 Bath
1,232 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $49,900 $41 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $800/month

8 Days on Market

Highlights

  • Ranch Style House
  • Shed
  • Forced Air Heating System

About This Home

As of May 2021

Located in an un-zoned township on a main rd, this has multiple possibilities......just bring your elbow grease and ideas. The main building was previously Charlies Canvas Shop. It's a little over 1200 sq ft situated between Clare and Farwell and backs up to the rail trail system. Current floor plan offers a couple large working areas, office, kitchen and half bath. Included in the sale are a 1968 and 1971 single side mobile homes, both of which need some work. There's also a couple sheds and lean to's. Well and septic are of unknown condition. All listing information/measurements are approx

Last Agent to Sell the Property

Brent Duffett

PEYTON PROPERTIES, LLC License #CGBOR-6501299166 Listed on: 05/06/2021

Last Buyer's Agent

Brent Duffett

PEYTON PROPERTIES, LLC License #CGBOR-6501299166 Listed on: 05/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 200 x 91.42 x 213 x 116.8

Home Design

  • 1,232 Sq Ft Home
  • Ranch Style House
  • Slab Foundation

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • 1 Bathroom
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 015 029 40202

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,222

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2018
  • Total Tax Year: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1232
  • Total Finished Sq Ft: 1232

Exterior Features

  • Exterior: Cinder Block
  • Foundation: Slab
  • Frontage: 200
  • Road: Country, Paved Street
  • Out Buildings: Shed

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Wall/Window A/C

Lot Info

  • Assessor Parcel Number: 015 029 40202
  • Lot Dimensions: 200 x 91.42 x 213 x 116.8
  • Acreage: 0.5
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $434.00
  • Winter Tax: Year: 2020, Amount: $1,583.00
  • Taxable Value: 40200
  • Total Tax: Year: 2020, Amount: $2,018.00
  • SEV Year: 2020

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
May 26, 2021
Sold by
Pardee Charles W
Bought by
Mid Michigan Community Action
Seller's Agent
Brent Duffett
PEYTON PROPERTIES, LLC
Buyer's Agent
Brent Duffett
PEYTON PROPERTIES, LLC
List Price
$49,000
Sold Price
$49,900
Premium/Discount to List
$900
1.84%
Current Estimated Value
$131,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,839
Avg. Annual Appreciation
28.62%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mid Michigan Community Action $49,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $49,900 0.0% $41 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/07/2021 05/07/21 Price Changed $49,900 +1.8% $41 / Sq Ft
05/06/2021 05/06/21 For Sale $49,000 -- $40 / Sq Ft
Source: Clare Gladwin Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,222 $34,497 $7,907 $26,590
2024 $227 $30,805 $6,560 $24,245
2023 $207 $23,938 $6,713 $17,225
2022 $1,113 $19,367 $6,758 $12,609
2021 $2,030 $44,900 $0 $0
2020 $2,014 $45,900 $0 $0
2019 $1,888 $41,100 $0 $0
2018 $1,794 $39,900 $0 $0
2017 $406 $37,900 $0 $0
2016 $420 $39,230 $0 $0
2015 -- $39,157 $0 $0
2014 -- $40,921 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50041076

Clare Gladwin Board of REALTORS®

APN: 015-029-402-02