NOT LISTED FOR SALE

2865 S Lakeshore Dr Ludington, MI 49431

Estimated Value: $350,000 - $566,359

4.04 Acres
$121,234 Price per Acre
175,982 Sq Ft Lot

Last Sold July 31, 2015

Last sale price $275,000

Est. 78% increase in value since last sale

Current estimated payment $3,243/month

182 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Bluff on Lot
  • Lakeview Elementary School Rated A-

About This Lot

As of July 2015

255 Feet of Lake Michigan Frontage. Great building spot on desirable Lakeshore Drive half way between Ludington and Pentwater. Property already has a driveway and electricity. Located out in the country but only minutes from shopping. Build your beautiful home and enjoy the magnificent sunsets.

Last Agent to Sell the Property

Sandy Larson

Coldwell Banker Professionals Alm Realty License #6502346429 Listed on: 12/29/2014

Last Buyer's Agent

MEMBER NON

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,001

Lot Details

  • 4.04 Acre Lot
  • Lot Dimensions are 289x644x255x649
  • Private Waterfront
  • 255 Feet of Waterfront
  • Bluff on Lot
  • The community has rules related to zoning restrictions

Utilities

  • Well
  • Private or Community Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Water Views
  • Property is near a Great Lake

Community Details

  • Water Sports
  • Deeded Waterfront Access Rights
  • Property is near a lake

Property Details

Property Type

Land

Est. Annual Taxes

$8,001

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Interior Features

  • Range: R 18W

Exterior Features

  • Body Of Water: Lake Michigan
  • Number Of Acres: 4.04
  • Road: Public Maintained, Blacktop
  • Water Features: Priv Frontage (Wtr Side), Water View, All Sports, Bluff (greater Than 10ft), Great Lake, Public Lake
  • Waterfront Frontage: 255

Utilities

  • Utilities Available: Cable Tv, Electric, Telephone
  • Waste Available: Private Septic
  • Water Available: Private Well

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Bluff Site
  • Lot Dimensions: 289x644x255x649
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Metes And Bounds

MLS Schools

  • School District: Ludington Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2014
Closed on
Jul 31, 2015
Sold by
Micb Real Estate Holdings Llc
Bought by
Menard Hayes Todd A and Menard Hayes Michelle Marie
Seller's Agent
Sandy Larson
Coldwell Banker Professionals Alm Realty
Buyer's Agent
MEMBER NON
NON MEMBER
List Price
$330,000
Sold Price
$275,000
Premium/Discount to List
-$55,000
-16.67%
Current Estimated Value
$489,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,786
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Mar 5, 2012
Sold by
Michigan Commeree Bank
Bought by
Micb Real Estate Holdings Llc

Purchase Details

Closed on
Aug 8, 2011
Sold by
Johnson Russell Edward and Johnson Sharon Rose
Bought by
Michigan Commerce Bank

Purchase Details

Closed on
Oct 5, 2006
Sold by
Consumers Entergy Co
Bought by
Johnson Russell Edward and Johnson Sharon Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Menard Hayes Todd A $275,000 None Available
Micb Real Estate Holdings Llc -- None Available
Michigan Commerce Bank -- None Available
Johnson Russell Edward $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Russell Edward $517,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2015 07/31/15 Sold $275,000 0.0% -- View Prior Sale
07/31/2015 07/31/15 Sold $275,000 -16.7% --
06/29/2015 06/29/15 Pending -- -- --
06/29/2015 06/29/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $330,000 -16.5% --
11/14/2013 11/14/13 For Sale $395,000 -- --
Source: Northern Great Lakes REALTORS® MLS

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 $8,001 $191,400 $191,400 $0
2024 -- $191,400 $191,400 $0
2023 -- $165,900 $165,900 $0
2022 -- $165,900 $0 $0
2021 -- $172,300 $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: Northern Great Lakes REALTORS® MLS

MLS Number: 1793609

Northern Great Lakes REALTORS® MLS

APN: 010-203-200-001-11