NOT LISTED FOR SALE

2858 S Lakeshore Dr Ludington, MI 49431

Estimated Value: $283,135 - $399,000

4 Beds
2 Baths
1,783 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $105,500 $59 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,914/month

49 Days on Market

About This Home

As of May 2012

Fannie Mae Homepath Home. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Financing. Click HomePath.com for Special Offers. Eligibility restrictions apply. Enjoy views of Lake Michigan from this updated farmhouse on Lakeshore Drive directly across from the lake. This home has a beautifully updated kitchen. The utility area is on the main floor, as is a bedroom and bath. The seller has directed that offers be made using the HomePath Online Offer system at the HomePath website. Owner occupied only offers through 4/26.

Last Agent to Sell the Property

Michelle Anderson

CENTURY 21 Bayshore License #6502115734 Listed on: 04/12/2012

CENTURY 21 Bayshore

Last Buyer's Agent

Debby Stevenson

Greenridge Realty S Rath License #6502347161

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,733

Year Built

  • Built in 1900

Lot Details

  • 1.57 Acre Lot

Home Design

  • 1,783 Sq Ft Home
  • Composition Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,733

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • LivingArea: 1783.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 89900.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Utilities: Electricity Connected, Telephone Line
  • Water Source: Well

Lot Info

  • Lot Size Acres: 1.57
  • Lot Size Area: 1.57
  • Lot Size Sq Ft: 68389.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2012
Closed on
May 29, 2012
Sold by
Fannie Mae
Bought by
Barnes David and Barnes Cindy
Seller's Agent
Michelle Anderson
CENTURY 21 Bayshore
Buyer's Agent
Debby Stevenson
Greenridge Realty S Rath
List Price
$89,900
Sold Price
$105,500
Premium/Discount to List
$15,600
17.35%
Current Estimated Value
$336,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,034
Avg. Annual Appreciation
9.03%
Original Mortgage
$71,920
Outstanding Balance
$49,937
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$286,597

Purchase Details

Closed on
Sep 22, 2011
Sold by
Meeker Rodney P and Meeker Alexandra K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 1, 1967
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barnes David $22,709 None Available
Federal National Mortgage Association $132,095 None Available
-- $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes David $71,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $105,500 +17.4% $59 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $89,900 -- $50 / Sq Ft
Source: MichRIC

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 $1,733 $105,900 $105,900 $0
2024 -- $107,300 $107,300 $0
2023 -- $86,300 $86,300 $0
2022 -- $86,000 $0 $0
2021 -- $87,700 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12019544

MichRIC

APN: 010-203-200-004-00