NOT LISTED FOR SALE

5080 W Ludington Dr Farwell, MI 48622

Estimated Value: $213,000 - $234,000

3 Beds
1 Bath
1,958 Sq Ft
$113/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $44,000 $22 Per Sq Ft

Est. 401% increase in value since last sale

Current estimated payment $1,307/month

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Shed
  • Fireplace

About This Home

As of June 2020

Open floor plan with fireplace in the large living room, Knotty pine walls, 3 bedrooms, attached garage, and a shed on over 1 acre. Up north but easy to get to!

Last Agent to Sell the Property

Paul Wellman

RE/MAX New Image License #SBR-6502353118 Listed on: 07/30/2019

RE/MAX New Image

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 297 x 244

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,958 Sq Ft Home
  • Fireplace
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Boiler Heating System
  • Heating System Uses Oil
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 014-018-400-03

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1198
  • Total Tax Year: 2018
  • Year Built: 1958
  • Mail City: Farwell
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: Natural Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 16 x 12
  • Bedroom 2: On Main Floor, Dimensions: 10 x 12
  • Bedroom 3: On Main Floor, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Dining Room: On Main Floor, Dimensions: 15 x 12
  • Kitchen: On Main Floor, Dimensions: 12 x 12
  • Living Room: On Main Floor, Dimensions: 20 x 20
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1958
  • Total Finished Sq Ft: 1958

Exterior Features

  • Exterior: Aluminum, Brick
  • Foundation: Basement
  • Frontage: 244
  • Road: Paved Street
  • Out Buildings: Shed

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Boiler
  • Heating Fuel: Oil
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 014-018-400-03
  • Lot Dimensions: 297 x 244
  • Acreage: 1.4
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $488.00
  • Winter Tax: Year: 2018, Amount: $710.00
  • Taxable Value: 45198
  • Total Tax: Year: 2018, Amount: $1,198.00
  • SEV Year: 2019

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2012
Closed on
Apr 12, 2013
Sold by
Bolin James J and Bolin Lydia M
Bought by
Dow Chemical Employees Credit Union
Seller's Agent
DONNA BROWNE
REISS REAL ESTATE, INC
Buyer's Agent
Frank Robison
CENTURY 21 SIGNATURE REALTY - CLARE
List Price
$73,500
Sold Price
$65,500
Premium/Discount to List
-$8,000
-10.88%
Current Estimated Value
$220,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,861
Avg. Annual Appreciation
10.19%
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
Dow Chemical Employees Credit Union $65,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2020 06/10/20 Sold $44,000 -4.1% $22 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $45,900 0.0% $23 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/08/2020 02/08/20 Price Changed $45,900 -23.4% $23 / Sq Ft
10/16/2019 10/16/19 Price Changed $59,900 -4.8% $31 / Sq Ft
09/13/2019 09/13/19 Price Changed $62,900 -8.7% $32 / Sq Ft
07/30/2019 07/30/19 For Sale $68,900 +5.2% $35 / Sq Ft
04/12/2013 04/12/13 Sold $65,500 -10.9% $35 / Sq Ft View Prior Sale
03/01/2013 03/01/13 Pending -- -- --
03/28/2012 03/28/12 For Sale $73,500 -- $39 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,700 $82,437 $6,848 $75,589
2024 $658 $73,218 $5,036 $68,182
2023 $599 $64,484 $4,670 $59,814
2022 $1,561 $57,658 $5,845 $51,813
2021 $1,517 $53,664 $0 $0
2020 $2,221 $47,538 $0 $0
2019 $2,006 $45,198 $0 $0
2018 $1,200 $45,337 $0 $0
2017 $486 $45,167 $0 $0
2016 $481 $45,630 $0 $0
2015 -- $44,759 $0 $0
2014 -- $43,692 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31389083

Michigan Multiple Listing Service

APN: 014-018-400-03