NOT LISTED FOR SALE

5205 S Eden Lake Rd Custer, MI 49405

Estimated Value: $546,000 - $717,000

4 Beds
3 Baths
2,736 Sq Ft
$229/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $340,000 $124 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,757/month

43 Days on Market

Highlights

  • Private Waterfront
  • Spa
  • Family Room with Fireplace
  • Docks
  • Deck
  • 3 Car Detached Garage

About This Home

As of September 2019

RARE OPPORTUNITY ON LOST/PLEINESS LAKE -This well-appointed waterfront home, with 120+ ft of sandy bottom frontage, is situated nicely on a professionally landscaped double lot just minutes from Ludington & Pentwater. The house includes 4 bedrooms & 3 full baths, a vaulted main room, two fireplaces, and much more. The kitchen updates include granite counter tops, maple cabinetry, & stainless-steel appliances. The finished walk-out basement, with a full kitchenette and dining area, is ideal for gatherings. The three-stall garage with a loft offers you loads of storage and the new seawall & dock just makes it ready for summer fun! Enjoy the day on the water, a cookout at the fire pit, and then watch the sunset from your hot tub or large covered wrap around deck. This is the one! Call today.

Last Agent to Sell the Property

Bob Budreau

GREENRIDGE Realty Ludington License #6502356674 Listed on: 07/04/2019

Last Buyer's Agent

Bob Budreau

GREENRIDGE Realty Ludington License #6502356674 Listed on: 07/04/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 2012

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 120' x 250'
  • Private Waterfront
  • 121 Feet of Waterfront
  • The property's road front is unimproved
  • Shrub
  • Level Lot

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,736 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Low Threshold Shower
  • Halls are 36 inches wide or more
  • Rocker Light Switch

Outdoor Features

  • Spa
  • Water Access
  • Docks
  • Deck
  • Patio
  • Shed
  • Storage Shed

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic System
  • High Speed Internet
  • Phone Available

Community Details

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,009

Year Built

Built in 2012

Lot Details

0

HOA Fees

$2 per month

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2012
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 120' x 250'
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2736.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4009.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Waterfront Options:Water Frontage3: 121.0
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Low Emissivity Windows: Yes
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Accessibility Feat:Low Threshold Shower: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:Humidifier: Yes
  • Water Heater:Electric3: Yes
  • Additional Items:Hot Tub Spa: Yes
  • Heat Type:Heat Pump: Yes
  • Accessibility Feat:Rocker Light Switches: Yes
  • Additional Items:LP Tank Rented: Yes
  • General Property Info:SqFt Above Grade: 1500.0
  • General Property Info Garage YN: Yes
  • Accessibility Feat 36' or Hallway: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Accessibility Features: Rocker Light Switches, 36' or + Hallway, Low Threshold Shower
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Hot Tub Spa, Humidifier, LP Tank Rented
  • Fireplace Features: Family Room, Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • LivingArea: 2736.0
  • Window Features: Low-Emissivity Windows, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Family: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 349900.0
  • Lot Features: Level, Rolling Hills
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Pleiness Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Heat Pump
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Available, Broadband
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Playground, Other
  • Association Fee: 20.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 20.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Playground: Yes
  • Water Fea Amenities:Dock: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Lot Size Acres: 0.69
  • Lot Size Area: 0.69
  • Lot Dimensions: 120' x 250'
  • Lot Size Sq Ft: 30000.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4009.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Alan M Ledford Protection Trust and Ledford Alan M
Bought by
Squires Llc
Current Estimated Value
$625,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$544,663
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
$31,615

Purchase Details

Listed on
Jul 4, 2019
Closed on
Sep 10, 2019
Sold by
James & R Rasmussen Ft
Bought by
Alan M Ledford T
Seller's Agent
Bob Budreau
GREENRIDGE Realty Ludington
Buyer's Agent
Bob Budreau
GREENRIDGE Realty Ludington
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Jan 4, 2018
Sold by
Rasmussen James R and Rasmussen Rhonda S
Bought by
Rasmussen James R and Rasmussen Rhonda S

Purchase Details

Listed on
Sep 7, 2016
Closed on
Feb 22, 2017
Sold by
Hackey Thomas W and Hackey Donna J
Bought by
Rasmussen James and Rasmussen Rhonda
Seller's Agent
Pamela Buck
Five Star Real Estate - Ludington
Buyer's Agent
Vanessa Verstrat
Coolman-Anderson Realty, Inc.
List Price
$355,000
Sold Price
$315,000
Premium/Discount to List
-$40,000
-11.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$200,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2007
Sold by
Lamore Danniel C and Lamore Laura J
Bought by
Hackey Thomas W and Hackey Donan J
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
Squires Llc $550,000 Lighthouse Title
Alan M Ledford T $340,000 --
Rasmussen James R -- None Available
Rasmussen James -- Lighthouse Title
Hackey Thomas W $156,000 Lighthouse Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Michigan Foot And Ankle P $90,000
Open Squires Llc $550,000
Previous Owner Rasmussen James $200,000
Previous Owner Hackey Thomas W $120,000
Previous Owner Hackey Thomas W $82,000
Previous Owner Lamore Daniel $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Sold $340,000 -2.8% $124 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
07/04/2019 07/04/19 For Sale $349,900 +11.1% $128 / Sq Ft
02/22/2017 02/22/17 Sold $315,000 -11.3% $105 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
09/07/2016 09/07/16 For Sale $355,000 -- $118 / 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 $5,046 $298,700 $298,700 $0
2024 -- $263,300 $263,300 $0
2023 -- $223,500 $223,500 $0
2022 -- $191,300 $0 $0
2021 -- $175,800 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19031070

Southwestern Michigan Association of REALTORS®

APN: 004-100-012-00