NOT LISTED FOR SALE

3494 E Kings Hwy Luther, MI 49656

Estimated Value: $972,958

4 Beds
3.5 Baths
4,700 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $500,000 $106 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,110/month

65 Days on Market

Highlights

  • Private Waterfront
  • 320 Acre Lot
  • Deck
  • Home fronts a pond
  • Fireplace in Kitchen
  • Wooded Lot

About This Home

As of December 2014

This ranch is one of the original deer ranches established in Michigan. A 10 ft. game proof fence encompasses the 320 acres of wildlife habitat. This ranch has a current deer farm license issued by the Michigan Department of Natural Resources and is ready to be stocked with readily available quality deer. The former herd has been removed and now restocking can begin. The State of Michigan is blessed with many quality deer farmers who have superior quality whitetails available for restocking at competitive prices. 10 years ago most Boone and Crocket bucks were 5 to 8 years old before they achieved trophy quality. The advances in deer breeding now are producing many Boone and Crocket deer at 2 and 3 years of age. A 4,700 sq ft Lodge is located on the property for the owners and hunting guests. The Lodge features 4 Bedrooms and 4 Bathrooms with 2 Fireplaces, Whirlpool Tub and Cathedral Ceilings. A 2 Car attached garage and guest quarters make this perfect for entertaining large groups. Three equipment barns are available for equipment and toy storage. The property has a nice trail system that provides access to the food plots and enclosed log hunting blinds. A small stream flows through the property and provides a year round source of fresh water for wildlife. With the rifle range, hunting blinds, feeders, food plots, trails system and fully equipped lodge this is a turn-key ranch. This property is set up perfectly for a family or corporate retreat.

Last Agent to Sell the Property

Douglas Leitch

Wildlife Realty Listed on: 10/22/2014

Last Buyer's Agent

Douglas Leitch

Wildlife Realty Listed on: 10/22/2014

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,383

Year Built

  • Built in 1976

Lot Details

  • 320 Acre Lot
  • Lot Dimensions are 2640x5280
  • Home fronts a pond
  • Private Waterfront
  • 2,000 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned AG/RES, AG/RES

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Unpaved Driveway

Home Design

  • Farm
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Area
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Whirlpool Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Outdoor Features

  • Water Access
  • Deck
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Baseboard Heating
  • Well
  • Propane Water Heater
  • Septic System
  • Phone Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • Property is near a preserve or public land

Recreation

  • Recreational Area

Property Details

Property Type

Other

Est. Annual Taxes

$10,383

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Farm
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1976
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Farm
  • General Property Info:Lot Dimensions: 2640x5280
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 4700.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 10383.0
  • Tax Info:Zoning3: AG/RES
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Water Heater:Propane2: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Waterfront Options:Water Frontage3: 2000.0
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceramic Floor: Yes
  • Substructure:Walk Out: Yes
  • Outbuildings:Pole Barn: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Additional Items:Whirlpool Tub: Yes
  • Heat Type:Baseboard: Yes
  • Lot Description:Adj to Public Land: Yes
  • General Property Info:SqFt Above Grade: 2600.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Other

Interior Features

  • Interior Amenities: Ceramic Floor, Garage Door Opener, Whirlpool Tub, Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Family Room, Kitchen, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full, Walk-Out Access
  • LivingArea: 4700.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 2100.0
  • Basement Rooms:Total Basement SQFT: 2600.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Family: Yes
  • Fireplace:Wood Burning: Yes
  • Fireplace:Kitchen: Yes
  • Below Grade Sq Ft: 2100.0

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Deck(s)
  • List Price: 599000.0
  • Lot Features: Recreational, Wooded, Rolling Hills, Adj to Public Land
  • Other Structures: Pole Barn
  • Road Surface Type: Paved
  • Water Body Name: Stream
  • Waterfront Features: Pond, Stream/Creek
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Baseboard, Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Available, Phone Connected
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 320.0
  • Lot Size Area: 320.0
  • Lot Dimensions: 2640x5280
  • Lot Size Sq Ft: 13939200.0
  • Zoning Description: AG/RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10383.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2014
Closed on
Jan 28, 2015
Bought by
Oberer Sean and Oberer Cathryn
Seller's Agent
Douglas Leitch
Wildlife Realty
Buyer's Agent
Douglas Leitch
Wildlife Realty
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Current Estimated Value
$972,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,958
Avg. Annual Appreciation
6.42%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Gray Paul Gray Lori
Bought by
Anderson Donald Arlene Hw and Anderson Donald

Purchase Details

Closed on
Sep 20, 1997
Sold by
Gray Elway P and Hw Adrienne
Bought by
Gray Paul Gray Lori

Purchase Details

Closed on
Feb 19, 1996
Sold by
Gray Elway P and Hw Adrienne
Bought by
Gray Elway P and Adrienne Hw

Purchase Details

Closed on
Oct 26, 1995
Source: Public Records

Range of Values:

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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
Oberer Sean -- --
Anderson Donald Arlene Hw $525,000 --
Gray Paul Gray Lori -- --
Gray Elway P -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2014 12/30/14 Sold $500,000 -16.5% $106 / Sq Ft
12/26/2014 12/26/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $599,000 -- $127 / 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 $10,184 $395,600 $0 $0
2024 $10,184 $354,300 $0 $0
2022 $9,717 $301,000 $0 $0
2021 $9,495 $289,500 $0 $0
2020 $9,216 $281,400 $0 $0
2019 $9,386 $292,600 $0 $0
2018 $9,209 $287,000 $0 $0
2017 $8,726 $290,200 $0 $0
2016 $9,158 $290,900 $0 $0
2015 -- $273,800 $0 $0
2014 -- $279,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14059179

Southwestern Michigan Association of REALTORS®

APN: 02-522-029-00