NOT LISTED FOR SALE

3550 N Stearns Rd Ludington, MI 49431

Estimated Value: $158,000 - $260,000

2 Beds
1 Bath
900 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $62,500 $69 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,258/month

28 Days on Market

Highlights

  • Recreation Room
  • Mud Room
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Detached Garage
  • Living Room

About This Home

As of July 2017

This is a Fannie Mae Home Path Property. Go to www.homepath.com for more details. This two bedroom home has a lot to offer. Home has hard wood floors in the bedrooms, there is a full basement that had rooms partitioned off for additional living space like a family room or storage. Home has a detached two car garage, nice size lot and also is across from Hamlin Lake. The home has a nice flow from the good sized living room into the eat in Kitchen. Call to day because the house are not lasting long.

Last Agent to Sell the Property

Brenda Cronan

Coldwell Banker ALM REALTY License #6501283452 Listed on: 05/08/2017

Coldwell Banker ALM REALTY

Last Buyer's Agent

Nathan Sheldon

LIGHTHOUSE REALTY-Ludington License #6501397921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $812

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 121x100
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Mud Room
  • Living Room
  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$812

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 121x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 900.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 812.0
  • Tax Info:Zoning3: residential
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 900.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 900.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Mud Room Access: Yes

Exterior Features

  • Construction Materials: Block
  • List Price: 61000.0
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 121x100
  • Lot Size Sq Ft: 12100.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 812.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Jul 1, 2017
Sold by
Fannie Mae
Bought by
Jehner Jeffry A
Seller's Agent
Brenda Cronan
Coldwell Banker ALM REALTY
Buyer's Agent
Nathan Sheldon
LIGHTHOUSE REALTY-Ludington
List Price
$61,000
Sold Price
$62,500
Premium/Discount to List
$1,500
2.46%
Current Estimated Value
$200,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,804
Avg. Annual Appreciation
15.92%

Purchase Details

Closed on
Jul 7, 2016
Sold by
Smith Paris M and The Huntington National Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 6, 2008
Sold by
Smith Jennifer R and Dougherty Jennifer R
Bought by
Smith Paris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2007
Sold by
Dougherty Phillip L and Dougherty Jennifer R
Bought by
United States Of America
Source: Public Records

Range of Values:

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Average Value
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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
Jehner Jeffry A $62,500 None Available
Federal National Mortgage Association $39,827 None Available
Smith Paris M $66,250 None Available
United States Of America $45,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Paris M $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $62,500 +2.5% $69 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $61,000 -- $68 / 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 $1,931 $66,700 $66,700 $0
2024 -- $66,500 $66,500 $0
2023 -- $60,800 $60,800 $0
2022 -- $46,600 $0 $0
2021 -- $40,200 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17020916

Southwestern Michigan Association of REALTORS®

APN: 007-280-011-20