NOT LISTED FOR SALE

5110 W Olmstead Rd Ludington, MI 49431

Estimated Value: $223,000 - $269,000

3 Beds
2 Baths
1,800 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $135,000 $75 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,532/month

71 Days on Market

Highlights

  • 1 Car Detached Garage
  • Snack Bar or Counter
  • 1-Story Property
  • Lakeview Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2020

Opportunity for agricultural or home based business on this 3+ acre rural offering. Two parcels include an ~1800sf 3 bedroom, 2 bath manufactured home on a full, tall ceiling basement; detached, over-sized single car garage; original ~1920's Farm House in need of restoration(NOT connected to services); mechanics shop with abundant office, retail and storage space; storage barn attached to Farm House; various outbuildings and remnants of an old barn. The manufactured home is in good condition, and will be move in ready after Estate Sale to be conducted on premises. Parcels are being sold together, but are two separate parcels and in the future, could be sold separately. Explore the possibilities for this property, conveniently located just off PM Hwy between Ludington and Pentwater.

Last Agent to Sell the Property

Renee Malburg

Five Star Real Estate - Ludington License #6506043816 Listed on: 01/09/2020

Five Star Real Estate - Ludington

Last Buyer's Agent

Renee Malburg

Five Star Real Estate - Ludington License #6506043816 Listed on: 01/09/2020

Five Star Real Estate - Ludington

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1999

Lot Details

  • 3.22 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic System

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,890

Year Built

Built in 1999

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Manufactured Home
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Manufactured Home
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1800.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1890.0
  • Tax Info:Zoning3: AG
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: Yes
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • General Property Info:Total Fireplaces: 1.0
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • General Property Info:SqFt Above Grade: 1800.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1800.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 1800.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Family: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 145000.0
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

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: 3.22
  • Lot Size Area: 3.22
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 140263.0
  • Zoning Description: AG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1890.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
T-N-C Land Company Llc
Bought by
Smith Tina
Current Estimated Value
$239,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Outstanding Balance
$85,638
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$167,619

Purchase Details

Listed on
Jan 9, 2020
Closed on
Mar 25, 2020
Sold by
Kelly Beverly
Bought by
Tnc Land Co Llc
Seller's Agent
Renee Malburg
Five Star Real Estate - Ludington
Buyer's Agent
Renee Malburg
Five Star Real Estate - Ludington
List Price
$159,000
Sold Price
$135,000
Premium/Discount to List
-$24,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
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
Smith Tina -- None Listed On Document
Tnc Land Co Llc $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tina $86,000
Previous Owner Kelly Barry A $61,500
Previous Owner Kelly Barry Allan $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $135,000 -15.1% $75 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $159,000 -- $88 / 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 $2,723 $91,800 $91,800 $0
2024 -- $82,600 $82,600 $0
2023 -- $65,500 $65,500 $0
2022 -- $64,300 $0 $0
2021 -- $53,200 $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

  • Renee Malburg

    Seller's Agent in 2020

    Renee Malburg

    Five Star Real Estate - Ludington

    (231) 233-5674

    147 Total Sales

    Renee Malburg
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20001038

Southwestern Michigan Association of REALTORS®

APN: 014-113-004-25

Michigan Mason County Ludington 49431

5110 W Olmstead Rd, Ludington, MI

This home is located at 5110 W Olmstead Rd, Ludington, MI 49431 since 09 January 2020 and is currently estimated at $239,509, approximately $133 per square foot. This property was built in 1999. 5110 W Olmstead Rd is a home located in Mason County with nearby schools including Ludington Elementary School, Lakeview Elementary School, and O.J. DeJonge Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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