NOT LISTED FOR SALE

5047 W Olmstead Rd Ludington, MI 49431

Estimated Value: $748,713 - $778,000

4 Beds
1.5 Baths
2,131 Sq Ft
$358/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $675,000 $317 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,607/month

27 Days on Market

Highlights

  • 39.09 Acre Lot
  • Colonial Architecture
  • Hilly Lot
  • Lakeview Elementary School Rated A-
  • Fruit Trees
  • Wood Flooring

About This Home

As of August 2023

This is your chance to own a beautiful turnkey home on 39 acres. This amazing home will take your breath away. The minute you step inside you will feel like you are home. You will notice the gorgeous chef's kitchen & updated-everything! Geothermal heating & cooling, whole house water filtration system. 60x30 finished pole barn w 220V for welders, heat & A/C in the front, insulated overhead door, double doors in the back end. Don't forget the extra bank barn & finished cottage. Sit on your wrap around porch surrounded by 10 acres of organic/no-spray apple orchard, 7 acres of organic/no spray cherry orchard, chestnut trees, red raspberries & black berries. 4 separate pastures which can be used for livestock or whatever you wish to grow. 4 frost free water hydrants for year-round water

Last Agent to Sell the Property

Melissa Homewood

EXP Realty (Wyoming) - I Listed on: 06/22/2023

Co-Listed By

Jason Lash

Epique Realty License #6502392178

Last Buyer's Agent

Melissa Homewood

Epique Realty License #6501387054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,496

Year Built

  • Built in 1900

Lot Details

  • 39.09 Acre Lot
  • Shrub
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Fruit Trees
  • Garden
  • Property is zoned Agricultual, Agricultual

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Low Emissivity Windows
  • Bay Window
  • Window Screens
  • Wood Flooring
  • Partial Basement

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,496

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • 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: 1320 x 1320 irr on one side
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2131.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3495.94
  • Tax Info:Zoning3: Agricultual
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Substructure:Partial: Yes
  • Driveway:Unpaved: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Lot Description:Rolling Hills: Yes
  • Driveway:Gravel: Yes
  • Windows:BayBow: Yes
  • Landscape:Garden Area: Yes
  • Landscape:Fruit Trees: Yes
  • Landscape:Flower Garden: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 2106.0
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Flooring: Wood
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 2131.0
  • Window Features: Low-Emissivity Windows, Screens, Bay/Bow
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 25.0
  • Basement Rooms:Total Basement SQFT: 800.0
  • Appliances:Oven: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 25.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 675000.0
  • Lot Features: Rolling Hills
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 39.09
  • Lot Size Area: 39.09
  • Lot Dimensions: 1320 x 1320 irr on one side
  • Lot Size Sq Ft: 1702760.0
  • Zoning Description: Agricultual
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3495.94
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Mitchell Pamela
Bought by
Whitaker Family Trust and Whitaker
Current Estimated Value
$763,357

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 18, 2023
Sold by
Horrigan Jason L and Horrigan Carey
Bought by
Mitchell Pamela
Seller's Agent
Melissa Homewood
EXP Realty (Wyoming) - I
Buyer's Agent
Melissa Homewood
Epique Realty
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Views
359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$607,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2017
Closed on
Oct 30, 2017
Sold by
Quest Ira Inc
Bought by
Horrigan Jason L and Horrigan Carey
Seller's Agent
Random Messeder
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Scott Koop
Greenridge Realty (EGR)
List Price
$289,900
Sold Price
$260,000
Premium/Discount to List
-$29,900
-10.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.78%
Original Mortgage
$255,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2017
Closed on
Oct 20, 2017
Sold by
Olmstead Nathaniel J
Bought by
Quest Ira Inc
Seller's Agent
Random Messeder
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Scott Koop
Greenridge Realty (EGR)
List Price
$289,900
Sold Price
$260,000
Premium/Discount to List
-$29,900
-10.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.12%
Mortgage Type
New Conventional
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
Whitaker Family Trust $500 None Listed On Document
Mitchell Pamela $675,000 None Listed On Document
Horrigan Jason L $270,000 First American Title
Quest Ira Inc $260,000 Lighthouse Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Pamela $607,500
Previous Owner Horrigan Jason L $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $675,000 0.0% $317 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $675,000 -3.6% $317 / Sq Ft
06/22/2023 06/22/23 For Sale $700,000 +169.2% $328 / Sq Ft
10/20/2017 10/20/17 Sold $260,000 -10.3% $141 / Sq Ft View Prior Sale
10/02/2017 10/02/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $289,900 -- $157 / 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 $7,109 $328,400 $64,200 $264,200
2024 -- $265,600 $63,200 $202,400
2023 -- $109,400 $109,400 $0
2022 -- $121,000 $0 $0
2021 -- $117,800 $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

  • M

    Seller's Agent in 2023

    Melissa Homewood

    EXP Realty (Wyoming) - I

  • J

    Seller Co-Listing Agent in 2023

    Jason Lash

    Epique Realty

    (616) 821-1350

    605 Total Sales

    Jason Lash
    Section Image

  • R

    Seller's Agent in 2017

    Random Messeder

    LIGHTHOUSE REALTY-Ludington

    (231) 425-8753

    140 Total Sales

    Random Messeder
    Section Image

  • S

    Buyer's Agent in 2017

    Scott Koop

    Greenridge Realty (EGR)

    (616) 450-5161

    91 Total Sales

    Scott Koop
    Section Image
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Map

Source: MichRIC

MLS Number: 23021712

MichRIC

APN: 014-113-024-00

Michigan Mason County Ludington 49431

5047 W Olmstead Rd, 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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