$70,000
SOLD AUG 30, 2025

2543 S Sherman Rd Applegate, MI 48401

2 Beds
1 Bath
1,400 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: August 30, 2025

$50 Per Sq Ft

36% Below List Price

10 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Ground Level Unit
  • Accessible Entrance

About This Home

As of August 2025

Residential/Commercial Space for sale used to be an established bank location in the village of Applegate. Currently has a 24 x 30 Lobby/Common Area , 10 x 8 entry way, two 12x12 offices/bedrooms, half bathroom , and a walk-in large safe. Nice parking space on the exterior with a drive through window. Currently there are 11 designated parking spaces. Building is in move in condition located on paved road. Must see to appreciate . This could be a fantastic Commecial location and or a potential 3 bedroom ranch home located on a corner lot.

Last Agent to Sell the Property

Michael Sheridan

Sheridan Real Estate LLC License #6501305033 Listed on: 08/04/2025

Last Buyer's Agent

Michael Sheridan

Sheridan Real Estate LLC License #6501305033 Listed on: 08/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1970

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 84 x 117

Home Design

  • 1,400 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Accessible Entrance
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Original Plat Of Applegate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23220000400600

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,583

Year Built

Built in 1970

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1970
  • State Equalized Value: 43000.0000
  • Accessibility Features: Accessible Entrance
  • Entry Location: Ground Level
  • AgentOnly_ListPriceByAcre: 549500.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 1400

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.20
  • Lot Dimensions: 84 x 117
  • Parcel Number: 23220000400600

Tax Info

  • Tax Amount Summer: 680.0000
  • Tax Amount Winter: 903.0000
  • Total Tax: 1583.0000
  • Taxable Value: 43000.0000

MLS Schools

  • School District: Croswell Lexington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2025
Closed on
Aug 26, 2025
Sold by
Thumb Bank & Trust
Bought by
Yb Sad Llc
Seller's Agent
Michael Sheridan
Sheridan Real Estate LLC
Buyer's Agent
Michael Sheridan
Sheridan Real Estate LLC
List Price
$109,900
Sold Price
$70,000
Premium/Discount to List
-$39,900
-36.31%
Views
14
Current Estimated Value
$70,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,000 Liberty Title
Warranty Deed $70,000 Liberty Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2025 08/30/25 Sold $70,000 -36.3% $50 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
08/04/2025 08/04/25 For Sale $109,900 -- $79 / Sq Ft
Source: Realcomp

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20251023760

Realcomp

APN: 232-200-004-006-00

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