NOT LISTED FOR SALE

3181 N Lakeshore Dr Unit Wee Ludington, MI 49431

Estimated Value: $295,000 - $1,150,485

2 Beds
1 Bath
560 Sq Ft
$220/mo HOA Fee

Last Sold November 21, 2014

Last sale price $100,350 $179 Per Sq Ft

Est. 489% increase in value since last sale

Current estimated payment $4,815/month

207 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Living Room
  • Shared Waterfront
  • Beach
  • Space Heater
  • Wood Siding

About This Home

As of November 2014

Own your own adorable cottage on Hamlin Lake. Vacation Lane Resort's The Wee cottage is now being offered for sale to the public on a cooperative basis. This cottage has its own boat slip in the co-op's protected marina and shares 120' of sandy Hamlin Lake beach frontage. Imagine a nice summer cottage with beautiful water-front views and no hassles of lawn care or yard maintenance. Call today for more details!

Last Agent to Sell the Property

Brian Riley

GREENRIDGE Realty Ludington License #6501373860 Listed on: 01/21/2014

Co-Listed By

Bob Budreau

GREENRIDGE Realty Ludington License #6502356674

Last Buyer's Agent

Brian Riley

GREENRIDGE Realty Ludington License #6501373860 Listed on: 01/21/2014

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1940

Lot Details

  • 2.06

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Shared Waterfront

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • 120 Feet of Waterfront
  • Mineral Rights Excluded

Community Details

Overview

  • Association fees include electricity, water, trash, sewer, lawn/yard care, cable/satellite
  • $500 HOA Transfer Fee
  • Vacation Lane Resort Cooperative Condos

Recreation

  • Beach

Property Details

Home Type

Condominium

Year Built

Built in 1940

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Cooperative
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 560.0
  • General Property Info:Design: Cabin
  • Tax Info:Annual Property Tax: 10141.0
  • Tax Info:Zoning3: R2
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Waterfront Options:Water Frontage3: 120.0
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Mineral Rights:No: Yes
  • General Property Info:Condo Proj Name: Vacation Lane Resort Cooperative
  • Heat Type:Space Heater: Yes
  • General Property Info:SqFt Above Grade: 560.0
  • General Property Info Garage YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Range
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 560.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 110000.0
  • Road Surface Type: Paved
  • Water Body Name: Hamlin Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Space Heater
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Beach Area
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 220.0
  • Association Info:Assoc Buy in Fee: 500
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:Shared Frontage: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Beach Area: Yes

Fee Information

  • Association Fee Includes: Other, Electricity, Water, Trash, Sewer, Lawn/Yard Care, Cable/Satellite

Lot Info

  • Lot Dimensions: Cooperative
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10141.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2005
Sold by
Mossman William and Mossman Kitty
Bought by
Vacation Lane Resort Cooperative Inc
Current Estimated Value
$591,495
Source: Public Records

Range of Values:

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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
Vacation Lane Resort Cooperative Inc -- Lakeshore Land & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Straus Joshua A $0
Open Vacation Lane Resort Cooperative Inc $325,000
Previous Owner Mossman William $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $100,350 -19.7% $179 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $125,000 -- $223 / 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 $16,530 $875,800 $875,800 $0
2024 -- $709,000 $709,000 $0
2023 -- $626,400 $626,400 $0
2022 -- $562,600 $0 $0
2021 -- $458,100 $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

  • B

    Seller's Agent in 2014

    Brian Riley

    GREENRIDGE Realty Ludington

    (231) 852-3649

    67 Total Sales

    Brian Riley
    Section Image
  • Bob Budreau

    Seller Co-Listing Agent in 2014

    Bob Budreau

    GREENRIDGE Realty Ludington

    (800) 992-7522

    187 Total Sales

    Bob Budreau
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14003688

Southwestern Michigan Association of REALTORS®

APN: 007-720-152-00

Michigan Mason County Ludington 49431

3181 N Lakeshore Dr Unit Wee, Ludington, MI

This home is located at 3181 N Lakeshore Dr Unit Wee, Ludington, MI 49431 since 21 January 2014 and is currently estimated at $591,495, approximately $1,056 per square foot. This property was built in 1940. 3181 N Lakeshore Dr Unit Wee 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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