NOT LISTED FOR SALE

4123 S Lakeshore Dr Ludington, MI 49431

Estimated Value: $367,000 - $402,000

5 Acres
$76,252 Price per Acre
217,800 Sq Ft Lot

Last Sold November 15, 2021

Last sale price $272,000

Est. 40% increase in value since last sale

Current estimated payment $2,386/month

81 Days on Market

Highlights

  • Private Waterfront
  • Lakeview Elementary School Rated A-
  • Wooded Lot

About This Lot

As of November 2021

LAKE MICHIGAN FRONTAGE!!! – This 5-acre building site (AKA Tract ''19'' of Gov't Lot 3) has 209 feet of high-bluff frontage overlooking the big lake. The property also includes an established fenced-in orchard and a 14' x 40' storage shed. Electricity and an irrigation well are in place. Just a short drive to Ludington & Pentwater, this site has great views and is ready for you to build your dream home. Call today to discuss your plans.

Last Agent to Sell the Property

Bob Budreau

GREENRIDGE Realty Ludington License #6502356674 Listed on: 06/21/2021

Last Buyer's Agent

Pamela Buck

Five Star Real Estate - Ludington License #6501381409

Five Star Real Estate - Ludington

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Private Waterfront
  • Cleared Lot
  • Wooded Lot
  • Zoning described as Rec Res

Community Details

  • Water Sports

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 325000.0
  • Lot Features: Buildable, Cleared, Wooded
  • Road Surface Type: Paved
  • Topography: {"High Bank":true,"Rolling Hills":true}
  • Water Body Name: Lake Michigan
  • Waterfront Features: All Sports, Private Frontage
  • Waterfront: Yes

Lot Info

  • Lot Size Acres: 5.0
  • Lot Size Area: 5.0
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: Rec Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8796.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Nov 12, 2021
Sold by
Gasper Marie E
Bought by
Kenyon Shawn and Kenyon Naomi Nowland
Seller's Agent
Bob Budreau
GREENRIDGE Realty Ludington
Buyer's Agent
Pamela Buck
Five Star Real Estate - Ludington
List Price
$325,000
Sold Price
$272,000
Premium/Discount to List
-$53,000
-16.31%
Current Estimated Value
$381,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,262
Avg. Annual Appreciation
8.93%
Original Mortgage
$1
Outstanding Balance
$1
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2006
Sold by
Consumers Engergy Co
Bought by
Gallagher Thomas F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kenyon Shawn $272,000 Chicago Title
Gallagher Thomas F $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenyon Shawn $1
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $272,000 -16.3% --
06/21/2021 06/21/21 For Sale $325,000 -- --
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 -- $21,500 $21,500 $0
2024 -- $153,900 $153,900 $0
2023 -- $130,400 $130,400 $0
2022 -- $138,600 $0 $0
2021 -- $224,200 $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

  • Bob Budreau

    Seller's Agent in 2021

    Bob Budreau

    GREENRIDGE Realty Ludington

    (800) 992-7522

    187 Total Sales

    Bob Budreau
    Section Image
  • Pamela Buck

    Buyer's Agent in 2021

    Pamela Buck

    Five Star Real Estate - Ludington

    (231) 690-3188

    144 Total Sales

    Pamela Buck
    Section Image
  • Gerald Buck

    Buyer Co-Listing Agent in 2021

    Gerald Buck

    Five Star Real Estate - Ludington

    (231) 690-0565

    157 Total Sales

    Gerald Buck
    Section Image
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Map

Source: MichRIC

MLS Number: 21023725

MichRIC

APN: 014-110-019-00

Michigan Mason County Ludington 49431

4123 S Lakeshore Dr, Ludington, MI

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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