NOT LISTED FOR SALE

5388 W Oak Point Rd Unit 26 Ludington, MI 49431

Estimated Value: $118,000 - $546,000

4 Beds
3 Baths
2,800 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 16, 2012

Last sale price $196,000 $70 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,379/month

320 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 100 Feet of Waterfront
  • Community Lake
  • Lakeview Elementary School Rated A-
  • Golf Course Community
  • Deck

About This Home

As of May 2012

Wonderful 2.5 acre setting for this home with so much to offer. Very secluded path to the deeded access to Hopkins Lake. Sparcely used and plenty of room for your dock. Enjoy the wildlife from the 12x20 screen porch. Basement is partially finished with a bedroom (currently used as a large library with tons of built-in shelves) full bath, and a rec room that is ready for your finishing touches.

Last Agent to Sell the Property

Mary Jo Pung

CENTURY 21 Bayshore Listed on: 07/01/2011

Last Buyer's Agent

Doug Shoup

Coolman-Anderson Realty, Inc. License #6502129277

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,710

Year Built

  • Built in 2004

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 428x164x210x246x131
  • 100 Feet of Waterfront
  • Cul-De-Sac
  • Decorative Fence
  • Shrub
  • Corner Lot: Yes
  • Terraced Lot
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Window Screens
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Kitchen Island
  • Snack Bar or Counter

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Accessible Home Design

  • Low Threshold Shower
  • Accessible Bedroom
  • Halls are 42 inches wide
  • Doors are 36 inches wide or more

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Propane
  • Well
  • Water Softener is Owned
  • Septic System
  • Phone Available

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake
  • Property is near a ravine

Recreation

  • Golf Course Community
  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,710

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 428x164x210x246x131
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2800.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2710.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Garage Type Attached: 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
  • Additional Items:Water SoftenerOwned: Yes
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Lot Description:Ravine: Yes
  • Waterfront Options:Water Frontage3: 100.0
  • Lot Description:Corner Lot: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Lot Description:Rolling Hills: Yes
  • Utilities Attached:Telephone Line: Yes
  • Accessibility Feat:_three_6 Inch Entrance Door: Yes
  • Accessibility Feat:Low Threshold Shower: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Laminate Floor: Yes
  • Substructure:Daylight: Yes
  • Landscape:Terraced Yard: Yes
  • Outbuildings:Storage Shed: Yes
  • Landscape:Decor Fence: Yes
  • Landscape:Flower Garden: Yes
  • Lot Description:Golf Community: Yes
  • Accessibility Feat:_four_2 in or Hallway: Yes
  • Additional Items:LP Tank Owned: Yes
  • General Property Info:SqFt Above Grade: 1800.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Accessibility Features: 36 Inch Entrance Door, 42 in or + Hallway, Accessible Mn Flr Bedroom, Accessible Mn Flr Full Bath, Low Threshold Shower
  • Interior Amenities: Ceramic Floor, Garage Door Opener, Laminate Floor, LP Tank Owned, Water Softener/Owned, Kitchen Island, Pantry
  • Fireplace Features: Gas Log, Living
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Daylight, Other, Full
  • LivingArea: 2800.0
  • Window Features: Screens, Insulated Windows
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Kitchen Features:Snack Bar: Yes
  • Accessibility Feat:Accessible Mn Flr Bedroom: Yes
  • Accessibility Feat:Accessible Mn Flr Full Bath: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Scrn Porch, Deck(s)
  • List Price: 209000.0
  • Lot Features: Recreational, Wooded, Rolling Hills, Ravine, Golf Community, Cul-De-Sac
  • Other Structures: Shed(s)
  • Water Body Name: Hopkins Lake
  • Waterfront Features: Deeded Access
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Scrn Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached, Paved
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Propane, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Phone Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 425.0
  • Association: Yes
  • Community Features: Lake

Association/Amenities

  • Association Info:Approx Assoc Fee2: 425.0
  • Water Fea Amenities:Deeded Access: Yes

Lot Info

  • Lot Size Acres: 2.5
  • Lot Size Area: 2.5
  • Lot Dimensions: 428x164x210x246x131
  • Lot Size Sq Ft: 108900.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2710.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Fausz Gordon F and Fausz Shirley M
Bought by
Robents Richard D and Robents Lueinda A
Current Estimated Value
$389,776

Purchase Details

Listed on
Jul 1, 2011
Closed on
May 16, 2012
Sold by
Kayser Kaaren S and Kayser John W
Bought by
Faust George B and Faust Christina M
Seller's Agent
Mary Jo Pung
CENTURY 21 Bayshore
Buyer's Agent
Doug Shoup
Coolman-Anderson Realty, Inc.
List Price
$224,000
Sold Price
$196,000
Premium/Discount to List
-$28,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$186,200
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2004
Sold by
Lounsbury Mark D and Lounsbury Erin J
Bought by
Kayser John W and Kayser Kaaren S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2003
Sold by
Hopkins Lake Development, Llc
Bought by
Lounsbury Mark D and Lounsbury Erin 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
Robents Richard D -- None Available
Faust George B -- Lighthouse Title Inc
Kayser John W $25,000 Metropolitan Title Company
Lounsbury Mark D $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faust George B $155,000
Previous Owner Faust George B $186,200
Previous Owner Kayser John W $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2012 05/16/12 Sold $196,000 -12.5% $70 / Sq Ft
05/16/2012 05/16/12 Pending -- -- --
07/01/2011 07/01/11 For Sale $224,000 -- $80 / 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 $3,076 $187,100 $187,100 $0
2024 -- $199,900 $199,900 $0
2023 -- $151,300 $151,300 $0
2022 -- $123,800 $0 $0
2021 -- $107,100 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $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: 11037429

Southwestern Michigan Association of REALTORS®

APN: 010-750-000-026-00