NOT LISTED FOR SALE

5150 N May Rd Unit SN Luther, MI 49656

Estimated Value: $124,225 - $139,000

3 Beds
1 Bath
1,239 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $30,000 $24 Per Sq Ft

Est. 335% increase in value since last sale

Current estimated payment $805/month

131 Days on Market

Highlights

  • Mud Room
  • Snack Bar or Counter
  • Forced Air Heating System
  • Fenced Yard
  • Shed
  • Ceiling Fan

About This Home

As of May 2012

Here's the cabin you've been looking for! Located close to ORV and snowmobile trails, not far from Cadillac and Caberfae, this 3 bedroom ranch is in the heart of all the fun Michigan has to offer. Remodeled just last year, featuring all new flooring, this approx. 1,200 sq. ft. gem also boasts a newer gas forced air furnace and water heater, oak cabinets, and even a full bath with shower/tub combo. Clean and well maintained, inside and out, this cabin is ready for use now. A main floor laundry and additional storage make this ranch very user-friendly. Per the seller, the main part of this cabin was built in the 1950's and an addition added in the 1980's with a crawl space beneath. All this is located on approx. 1 acre of land. The backyard also is partially fenced and has 3 sheds. A ll information deemed reliable, however, buyer to confirm all measurements, calculations, and other information with a third-party. Call today for more information or schedule a showing.

Last Listed By

Laura Koetje

Smith-Diamond Realty Listed on: 11/29/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $458

Year Built

  • Built in 1955

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 108' x 400'
  • The property's road front is unimproved
  • Fenced Yard
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,239 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Mud Room
  • Laminate Flooring
  • Basement
  • Crawl Space

Kitchen

  • Range
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Propane
  • Septic System
  • Phone Available
  • Cable TV Available

Additional Features

  • Shed
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$458

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Laminate Floor, LP Tank Rented
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1239.0
  • Window Features: Window Treatments
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Fenced Back
  • List Price: 39900.0
  • Lot Features: Level
  • Other Structures: Shed(s)
  • Road Surface Type: Unimproved
  • Waterfront: No
  • Exterior Features:Fenced Back: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Unpaved
  • Garage:Garage2: No

Utilities

  • Heating: Propane, Forced Air, None
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Phone Available, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Other
  • Association: Yes

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: 108' X 400'
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 458.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2010
Sold by
Opal Stanley M and Opal Elizabeth
Bought by
Monroe Shawn W and Monroe Tracy
Total Days on Market
131
Current Estimated Value
$130,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,400
Interest Rate
4.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1998
Sold by
Bruner Allen and Hw Anna
Bought by
Opal Stanley M

Purchase Details

Closed on
Dec 3, 1986

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
Monroe Shawn W $26,000 Lake County Title & Escrow
Opal Stanley M $26,500 --
-- $4,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Thomas A $23,900
Closed Monroe Shawn W $23,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2012 05/18/12 Sold $30,000 -39.9% $24 / Sq Ft
04/08/2012 04/08/12 Pending -- -- --
11/29/2011 11/29/11 For Sale $49,900 -- $40 / 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
2024 $977 $43,200 $0 $0
2022 $932 $27,400 $0 $0
2021 $907 $29,800 $0 $0
2020 $886 $30,000 $0 $0
2019 $863 $30,400 $0 $0
2018 $627 $20,200 $0 $0
2017 $602 $19,400 $0 $0
2016 $619 $19,000 $0 $0
2015 -- $17,000 $0 $0
2014 -- $16,200 $0 $0
Source: Public Records

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11062574

Southwestern Michigan Association of REALTORS®

APN: 02-702-056-00