NOT LISTED FOR SALE

2559 N Sherman Rd Ludington, MI 49431

Estimated Value: $207,000 - $445,000

4 Beds
2 Baths
1,472 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 24, 2012

Last sale price $60,000 $41 Per Sq Ft

Est. 445% increase in value since last sale

Current estimated payment $1,989/month

163 Days on Market

Highlights

  • Living Room with Fireplace
  • Pole Barn
  • Forced Air Heating System
  • Wooded Lot
  • Attached Garage
  • Level Lot

About This Home

As of July 2012

A great setting for this spacious ranch home. There are 4 bedrooms, 2 full baths, spacious living and family rooms, plus a utility room and plenty of storage. The 1 car attached garage has storage space and there is a 24 x 40 pole barn as well. The yard looks like it might have some landscaping started, with a small patio area in the back and some plants and trees planted around the house. Interior will need updates to kitchen and carpet- lot's of value on 10 acres. This property is eligible for the First Look Initiative through 2/22/12. Investor buyers and second home buyers may negotiate offers with the seller after 2/22. Contractor is reporting no visible plumbing issues but that system would not hold pressure so there is a possible leak somewhere. See Agent Remarks and attachme nts.

Last Agent to Sell the Property

Michelle Anderson

CENTURY 21 Bayshore License #6502115734 Listed on: 02/08/2012

CENTURY 21 Bayshore

Last Buyer's Agent

Debby Stevenson

Greenridge Realty S Rath License #6502347161

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1958

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 330 x 1320
  • Level Lot
  • Wooded Lot
  • Property is zoned Hamlin Township, Hamlin Township

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pole Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,270

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1958
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • 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: 1472.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1270.0
  • Tax Info:Zoning3: Hamlin Township
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Lot Description:Level: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Outbuildings:Pole Barn: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1472.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living, Wood Burning
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1472.0
  • General Property Info:Stories2: 1.0
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 64900.0
  • Lot Features: Level, Wooded
  • Other Structures: Pole Barn
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes
  • Parking Features Attached2: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • 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: Hamlin Township
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1270.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2012
Closed on
Jul 23, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Taylor Alexis L
Seller's Agent
Michelle Anderson
CENTURY 21 Bayshore
Buyer's Agent
Debby Stevenson
Greenridge Realty S Rath
List Price
$84,900
Sold Price
$60,000
Premium/Discount to List
-$24,900
-29.33%
Current Estimated Value
$327,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,231
Avg. Annual Appreciation
13.89%

Purchase Details

Closed on
Dec 8, 2011
Sold by
Page Michael and Page Jeanene
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 1, 1995
Source: Public Records

Range of Values:

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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
Taylor Alexis L -- None Available
Federal Home Loan Mortgage Corporation $178,133 None Available
-- $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Alexis L $82,950
Closed Taylor Alexis L $78,000
Previous Owner Page Michael $50,326
Previous Owner Page Michael $47,602
Previous Owner Page Michael $42,875
Previous Owner Page Michael $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2012 07/24/12 Sold $60,000 -29.3% $41 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $84,900 -- $58 / 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 $2,168 $132,500 $132,500 $0
2024 -- $123,100 $123,100 $0
2023 -- $97,700 $97,700 $0
2022 -- $81,700 $0 $0
2021 -- $87,100 $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

  • M

    Seller's Agent in 2012

    Michelle Anderson

    CENTURY 21 Bayshore

    Section Image
  • Debby Stevenson

    Buyer's Agent in 2012

    Debby Stevenson

    Greenridge Realty S Rath

    (231) 510-5727

    480 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12007339

Southwestern Michigan Association of REALTORS®

APN: 007-035-032-00

Michigan Mason County Ludington 49431

2559 N Sherman Rd, Ludington, MI

This home is located at 2559 N Sherman Rd, Ludington, MI 49431 since 08 February 2012 and is currently estimated at $327,231, approximately $222 per square foot. This property was built in 1958. 2559 N Sherman Rd is a home located in Mason County with nearby schools including Ludington Elementary School, Franklin Elementary School, and O.J. DeJonge Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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