NOT LISTED FOR SALE

2479 N Sherman Rd Ludington, MI 49431

Estimated Value: $238,000 - $305,000

2 Beds
1 Bath
786 Sq Ft
$360/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $260,000 $331 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,671/month

73 Days on Market

Highlights

  • Wooded Lot
  • Pole Barn
  • 4 Car Detached Garage
  • Ludington High School Rated 9+
  • Mud Room
  • Eat-In Kitchen

About This Home

As of October 2023

RECENTLY REMODELED AND UPDATED TW0 BEDROOM, ONE BATH RANCH ON 10 ACRES IN HAMLIN TWP.- Complete with a 30 x 40 insulated and heated pole barn/garage this property is perfect for a year round home or vacation hideaway. Minutes from all the things people love to do in Ludington and the surrounding area including Ludington State Park, Stearns Beach, Hamlin Lake, downtown Ludington, Nordhouse Dunes and much, much more! Country living with modern conveniences including natural gas utilities and Spectrum cable internet for your home and pole barn. The 10 acre parcel is a mix of mature forest and open spaces for hunting, recreation, gardening, feed plots. Space has been cleared for additional outbuildings or a future modern home of your design. Plenty of level parking for recreational vehicles. Any and all offers received by Monday August 14th at 7:00pm(firm) will be presented to the sellers on Tuesday the 15th at 6:00pm.

Last Agent to Sell the Property

Tim Gibson

LIGHTHOUSE REALTY-Ludington License #6501351796 Listed on: 08/11/2023

Last Buyer's Agent

Nathan Sheldon

LIGHTHOUSE REALTY-Ludington License #6501397921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,373

Year Built

  • Built in 1982

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 330 x 1320
  • Wooded Lot
  • Property is zoned Rural Rec. 401, Rural Rec. 401

Parking

  • 4 Car Detached Garage

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 786 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Bay Window
  • Window Screens
  • Mud Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Pole Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,373

Year Built

Built in 1982

Lot Details

0

Parking

4

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 330 x 1320
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 786.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1373.0
  • Tax Info:Zoning3: Rural Rec. 401
  • Lot Description:Wooded: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • Windows:BayBow: Yes
  • Substructure:Crawl Space: Yes
  • Water Heater:Electric3: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 786.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 786.0
  • Window Features: Screens, Insulated Windows, Bay/Bow
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 263500.0
  • Lot Features: Recreational, Wooded
  • Other Structures: Pole Barn
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 10.0
  • Lot Size Area: 10.0
  • Lot Dimensions: 330 x 1320
  • Lot Size Sq Ft: 435600.0
  • Zoning Description: Rural Rec. 401
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1373.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Oct 27, 2023
Sold by
Phelps Quinn
Bought by
Arnett Teresa
Seller's Agent
Tim Gibson
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Nathan Sheldon
LIGHTHOUSE REALTY-Ludington
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%
Views
293
Current Estimated Value
$282,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,977
Avg. Annual Appreciation
4.39%
Original Mortgage
$247,000
Outstanding Balance
$242,420
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$40,557

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 17, 2021
Sold by
Felty Christy and Felty Michael
Bought by
Phelps Quinn
Seller's Agent
Debby Stevenson
Greenridge Realty S Rath
Buyer's Agent
Debby Stevenson
Greenridge Realty S Rath
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.08%
Original Mortgage
$156,750
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2017
Sold by
Wheaton Clark W
Bought by
Felty Christy and Felty Michael

Purchase Details

Closed on
Oct 7, 2009
Sold by
Wheaton Clark M and Wheaton Geradome
Bought by
Wheaton Clark W
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
Arnett Teresa $260,000 Lakeshore Land Title
Phelps Quinn $165,000 Chicago Title Of Michigan In
Felty Christy -- None Available
Wheaton Clark W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnett Teresa $247,000
Previous Owner Phelps Quinn $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Sold $260,000 -1.3% $331 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $263,500 -5.6% $335 / Sq Ft
08/11/2023 08/11/23 For Sale $279,000 +69.1% $355 / Sq Ft
08/17/2021 08/17/21 Sold $165,000 0.0% $246 / Sq Ft View Prior Sale
07/13/2021 07/13/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $165,000 -- $246 / Sq Ft
Source: Southwestern Michigan Association 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 $2,050 $88,700 $25,800 $62,900
2024 -- $79,400 $25,400 $54,000
2023 -- $64,400 $24,900 $39,500
2022 -- $51,900 $0 $0
2021 -- $59,100 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23029336

Southwestern Michigan Association of REALTORS®

APN: 007-035-034-00