NOT LISTED FOR SALE

5307 W Hawley Rd Ludington, MI 49431

Estimated Value: $104,000 - $183,067

3 Beds
1 Bath
1,100 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $82,000 $75 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $886/month

2 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Forced Air Heating System
  • Lakeview Elementary School Rated A-

About This Home

As of July 2023

Home located on a beautiful country setting. Close to Lake Michigan and Ludington! This home has 3 bedrooms and 1 bathroom with a small office, and is on a dead end street. Home has a Michigan basement. Well and air conditioner does not work. Septic and hot water heater was replaced in 2020. Home is being sold as-is. Could use some interior updating but has lots of potential. Shared driveway home will be on the right, no recorded easement is included for driveway.

Last Agent to Sell the Property

Drew Pursley

Gateway Brokerage License #SAOR-6501443807 Listed on: 07/03/2023

Gateway Brokerage

Co-Listed By

Benjamin Fritcher

Gateway Brokerage License #SAOR-6501396972

Last Buyer's Agent

Non Member Non Member

NONMEMBER License #CGBOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 0.79 Acre Lot
  • 100 Ft Wide Lot

Home Design

  • 1,100 Sq Ft Home
  • Ranch Style House
  • Vinyl Siding

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 014-113-00815

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,399

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1398.68
  • Year Built: 1950
  • Mail City: Ludington
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 11
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 1st Floor, Dimensions: 11 x 9
  • Bedroom 3 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 5, On Level: First, Flooring: Vinyl
  • Below Grade Sq Ft: 430
  • Above Grade Finished Sq Ft: 1100
  • Total Finished Sq Ft: 1100

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Michigan Basement
  • Frontage: 100
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 014-113-00815
  • Lot Dimensions: irregular
  • Acreage: 0.79
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,235.72
  • Winter Tax: Year: 2022, Amount: $162.96
  • Total Tax: Amount: $1,398.68
  • SEV Year: 2022

MLS Schools

  • School District: Ludington Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
Lantz Richard M and Lantz Pamela J
Bought by
Lantz Crystal R and Lantz Christian M
Current Estimated Value
$136,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$145,900
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
-$9,133

Purchase Details

Listed on
Jul 3, 2023
Closed on
Jul 12, 2023
Sold by
Potwin Heather
Bought by
Lantz Richard M and Lantz Pamela J
Seller's Agent
Drew Pursley
Gateway Brokerage
Buyer's Agent
Non Member Non Member
NONMEMBER
List Price
$84,900
Sold Price
$82,000
Premium/Discount to List
-$2,900
-3.42%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.58%

Purchase Details

Closed on
May 13, 2011
Sold by
Jansen Michael J and Jansen Virginia V
Bought by
Bates Jay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,631
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2010
Sold by
Coleman Clinton L and Coleman Lila J
Bought by
Jansen Michael L and Jansen Virginia V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,500
Interest Rate
5.01%
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
Lantz Crystal R -- Oceana Land Title
Lantz Richard M $82,000 Oceana Land Title
Bates Jay M $49,900 Lighthouse Title Inc
Jansen Michael L $40,000 Lightohous Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lantz Crystal R $148,000
Previous Owner Potwin Heather $61,616
Previous Owner Bates Jay M $48,631
Previous Owner Jansen Michael L $44,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $82,000 -3.4% $75 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $84,900 -- $77 / 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 $1,686 $74,900 $74,900 $0
2024 -- $63,000 $63,000 $0
2023 -- $33,400 $33,400 $0
2022 -- $31,100 $0 $0
2021 -- $38,400 $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: Michigan Multiple Listing Service

MLS Number: 50114171

Michigan Multiple Listing Service

APN: 014-113-008-15