NOT LISTED FOR SALE

5031 S Pere Marquette Hwy Ludington, MI 49431

Estimated Value: $285,000 - $366,000

3 Beds
2 Baths
1,800 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $95,000 $53 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $2,015/month

146 Days on Market

Highlights

  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Patio
  • Lakeview Elementary School Rated A-
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of August 2014

Charming Country Home in Summit Township...heated with Natural Gas! Open floor plan, hardwood floors, master suite. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Mortgage and HomePath Renovation Mortgage Financing. Buyer to verify all taxes, assessments, zoning, measurements and homestead status.

Last Agent to Sell the Property

Cindy Papes

CENTURY 21 Bayshore License #6502122592 Listed on: 04/01/2014

CENTURY 21 Bayshore

Last Buyer's Agent

Debbie Bush

CENTURY 21 Bayshore License #6502323651

CENTURY 21 Bayshore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1890

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 207 x 210

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 207 x 210
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1800.0
  • General Property Info:Design: Farmhouse
  • Tax Info:Annual Property Tax: 1400.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1300.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1800.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 500.0
  • Basement Rooms:Total Basement SQFT: 900.0
  • Below Grade Sq Ft: 500.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Porch(es), Patio
  • List Price: 99700.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Porch(es): Yes

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

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: 207 x 210
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1400.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Aug 28, 2014
Sold by
Fannie Mae
Bought by
Michigan Food Processors Cooperative Inc
Seller's Agent
Cindy Papes
CENTURY 21 Bayshore
Buyer's Agent
Debbie Bush
CENTURY 21 Bayshore
List Price
$128,700
Sold Price
$95,000
Premium/Discount to List
-$33,700
-26.18%
Current Estimated Value
$324,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,529
Avg. Annual Appreciation
11.63%
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
Michigan Food Processors Cooperative Inc $95,000 Parks Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2014 08/28/14 Sold $95,000 -26.2% $53 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $128,700 -- $72 / 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 $3,700 $159,800 $159,800 $0
2024 -- $133,400 $133,400 $0
2023 -- $111,900 $111,900 $0
2022 -- $104,800 $0 $0
2021 -- $79,700 $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

  • C

    Seller's Agent in 2014

    Cindy Papes

    CENTURY 21 Bayshore

    Section Image
  • Debbie Bush

    Buyer's Agent in 2014

    Debbie Bush

    CENTURY 21 Bayshore

    (231) 845-0363

    96 Total Sales

    Debbie Bush
    Section Image
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Map

Source: MichRIC

MLS Number: 14013512

MichRIC

APN: 014-113-026-00

Michigan Mason County Ludington 49431

5031 S Pere Marquette Hwy, Ludington, MI

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