NOT LISTED FOR SALE

3607 Stearns Rd Ludington, MI 49431

Estimated Value: $154,516 - $237,000

2 Beds
1 Bath
581 Sq Ft
$360/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $127,000 $219 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,185/month

96 Days on Market

Highlights

  • Wood Siding
  • Cabin
  • 1-Story Property
  • Heating System Uses Natural Gas

About This Home

As of December 2020

This is a rare find! This 2 BR, 1 BA home has produced generous income over the years and being minutes from Hamlin Lake's Long Skinny park and the boat ramp, has no trouble being rented. If you are looking to downsize, that cottage by the lake or looking for some rental income, this is a great find so call today. This cottage is being sold TURNKEY and ready to live in and/or earn!

Last Agent to Sell the Property

Jim Foley

Coldwell Banker Professionals ALM Ludington License #6502383202 Listed on: 08/12/2020

Last Buyer's Agent

Vanessa Verstrat

Coolman-Anderson Realty, Inc. License #6501385088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 581 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$800

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 1
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 581.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 800.0
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Heat Type:Wall Furnace: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 581.0
  • General Property Info Garage YN: No
  • Architectural Style Cabin: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 581.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 132500.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wall Furnace
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5000.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 800.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Dec 23, 2020
Sold by
Wykes Jeffrey G
Bought by
Hall Judith C
Seller's Agent
Jim Foley
Coldwell Banker Professionals ALM Ludington
Buyer's Agent
Vanessa Verstrat
Coolman-Anderson Realty, Inc.
List Price
$132,500
Sold Price
$127,000
Premium/Discount to List
-$5,500
-4.15%
Current Estimated Value
$198,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,938
Avg. Annual Appreciation
11.32%
Original Mortgage
$90,000
Outstanding Balance
$80,495
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$128,634

Purchase Details

Closed on
Jul 1, 2001
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
Hall Judith C $127,000 None Available
-- $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Judith C $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $127,000 -4.2% $219 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $132,500 -- $228 / 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 $1,137 $35,900 $35,900 $0
2024 -- $35,600 $35,600 $0
2023 -- $32,700 $32,700 $0
2022 -- $25,500 $0 $0
2021 -- $22,700 $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: 20016040

Southwestern Michigan Association of REALTORS®

APN: 007-280-068-00