NOT LISTED FOR SALE

3948 S Pere Marquette Hwy Ludington, MI 49431

Estimated Value: $272,645 - $493,000

4 Beds
2 Baths
2,880 Sq Ft
$115/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $189,900 $66 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,928/month

22 Days on Market

Highlights

  • Farmhouse Style Home
  • Home Office
  • Living Room
  • Lakeview Elementary School Rated A-
  • Patio
  • Forced Air Heating System

About This Home

As of June 2021

Spacious Farm House on 2.12 acres. Just minutes from Ludington sits this 4 bedroom/2 bath home. This features a large dining room, living room, den, and office all on the main floor. New bathroom on second floor 2019. Main floor bathroom remodeled 2020. New concrete patio added 2020. Main floor master needs remodeling. Updated light fixtures, switches, and outlets upstairs. There are several outbuildings. There is a stone building and a 3 stall that features a chicken coop and new electrical service,

Last Agent to Sell the Property

Random Messeder

LIGHTHOUSE REALTY-Ludington License #6501380117 Listed on: 03/23/2021

Last Buyer's Agent

Kelly Smith

CENTURY 21 Bayshore License #6501364088

CENTURY 21 Bayshore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,489

Year Built

  • Built in 1870

Lot Details

  • 2.12 Acre Lot
  • Lot Dimensions are 284 x 325

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Window Screens
  • Living Room
  • Dining Room
  • Home Office
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Crawl Space

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,489

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1870
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 284 x 325
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2880.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1489.0
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 2880.0
  • General Property Info Garage YN: No
  • Architectural Style Farm House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Full, Michigan Basement
  • LivingArea: 2880.0
  • Window Features: Screens, Insulated Windows
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1185.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 194900.0
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.12
  • Lot Size Area: 2.12
  • Lot Dimensions: 284 x 325
  • Lot Size Sq Ft: 92347.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1489.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jun 10, 2021
Sold by
Josefowicz Brian and Josefowicz Megan
Bought by
Walter Caitlyn
Seller's Agent
Random Messeder
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Kelly Smith
CENTURY 21 Bayshore
List Price
$199,900
Sold Price
$189,900
Premium/Discount to List
-$10,000
-5%
Current Estimated Value
$332,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,261
Avg. Annual Appreciation
13.52%
Original Mortgage
$170,910
Outstanding Balance
$154,400
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$177,761
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
Walter Caitlyn $189,900 Lakeshore Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walter Caitlyn $170,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2021 06/10/21 Sold $189,900 -5.0% $66 / Sq Ft
03/23/2021 03/23/21 For Sale $199,900 +27.3% $69 / Sq Ft
04/20/2017 04/20/17 Sold $157,000 -4.3% $55 / Sq Ft View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
11/09/2016 11/09/16 For Sale $164,000 -- $57 / Sq Ft
Source: MichRIC

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 $2,172 $131,300 $131,300 $0
2024 -- $103,700 $103,700 $0
2023 -- $78,200 $78,200 $0
2022 -- $73,600 $0 $0
2021 -- $5,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21008991

MichRIC

APN: 014-007-011-02