NOT LISTED FOR SALE

405 5th St Ludington, MI 49431

Estimated Value: $149,993 - $163,000

3 Beds
1 Bath
971 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 26, 2017

Last sale price $65,000 $67 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $997/month

33 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • High Speed Internet
  • Lakeview Elementary School Rated A-
  • Forced Air Heating System
  • 2-minute walk to Pere Marquette Elementary Playground

About This Home

As of December 2017

Nice 3 Bedroom home with fenced back yard. Close to town and parks.

Last Agent to Sell the Property

Jamie Loney

Five Star Real Estate - Ludington License #6501386374 Listed on: 10/17/2017

Five Star Real Estate - Ludington

Last Buyer's Agent

Pamela Buck

Five Star Real Estate - Ludington License #6501381409

Five Star Real Estate - Ludington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 1900

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60 x 140
  • Back Yard Fenced

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 971 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,467

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60 x 140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 971.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1467.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 971.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Broadband
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 971.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 971.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 69900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 60 x 140
  • Lot Size Sq Ft: 8400.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1467.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Dec 26, 2017
Sold by
Wells John B
Bought by
Watters Steven M and Watters Patricia L
Seller's Agent
Jamie Loney
Five Star Real Estate - Ludington
Buyer's Agent
Pamela Buck
Five Star Real Estate - Ludington
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Current Estimated Value
$153,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,748
Avg. Annual Appreciation
11.91%
Original Mortgage
$52,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2016
Sold by
Wells Tia Marie
Bought by
Wells John B

Purchase Details

Closed on
Feb 6, 2009
Sold by
Gatfield Charles Edward and Gatfield Donald Earl
Bought by
Wells John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 5, 1987
Sold by
Gatfield Ruth E
Bought by
Gatfield Ruth E and Gatfield Charles Edward
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Watters Steven M $65,000 Western Land Title
Wells John B -- None Available
Wells John $30,000 Lighthouse Title Lakeshore L
Gatfield Ruth E -- None Available
Gatfield Ruth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Watters Steven M $52,000
Previous Owner Wells John $42,000
Previous Owner Wells John B $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2017 12/26/17 Sold $65,000 -13.2% $67 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $74,900 -- $77 / 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 $2,166 $55,700 $55,700 $0
2024 -- $52,700 $52,700 $0
2023 -- $45,100 $45,100 $0
2022 -- $39,200 $0 $0
2021 -- $37,500 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17052076

Southwestern Michigan Association of REALTORS®

APN: 051-429-008-00