NOT LISTED FOR SALE

5516 W Fountain Rd Ludington, MI 49431

Estimated Value: $185,000 - $266,000

3 Beds
2 Baths
1,175 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $74,000 $63 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,256/month

22 Days on Market

Highlights

  • Recreation Room
  • Forced Air Heating System
  • Dining Area
  • Living Room
  • 2 Car Garage
  • 1-Story Property

About This Home

As of May 2016

Cute, affordable, and well kept! This nice three bed two bath ranch is waiting for its next family. The two car garage is big enough for your cars and your stuff! With Hamlin Grocery just down the street, you get to live in the seclusion of the country with convenience just minutes away! The sellers had new carpeting installed and they want to include the appliances in the sale. Call today. At this price, this one won't last long!

Last Agent to Sell the Property

Remington Greiner

EXIT Real Estate of Ludington License #6505354295 Listed on: 03/30/2016

Last Buyer's Agent

Jackie Makowicki

Five Star Real Estate - Ludington License #6502105737

Five Star Real Estate - Ludington

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1996

Lot Details

  • 2.01 Acre Lot
  • Lot Dimensions are 331 x 265

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,175 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Property Details

Home Type

Manufactured Home

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1996
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 331 x 265
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1175.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2192.08
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1175.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1175.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 79900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.01
  • Lot Size Area: 2.01
  • Lot Dimensions: 331 x 265
  • Lot Size Sq Ft: 87555.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2192.08
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 20, 2016
Sold by
Petersen George R and Petersen Kathryn J
Bought by
Craft Lacy
Seller's Agent
Remington Greiner
EXIT Real Estate of Ludington
Buyer's Agent
Jackie Makowicki
Five Star Real Estate - Ludington
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%
Current Estimated Value
$213,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,032
Avg. Annual Appreciation
12.14%
Original Mortgage
$70,300
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Boals Derek R
Bought by
Petersen George R and Petersen Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
6.17%
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
Craft Lacy $74,000 None Available
Petersen George R $91,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craft Lacy $65,000
Closed Craft Lacy $20,000
Closed Craft Lacy $67,000
Closed Craft Lacy $70,300
Previous Owner Petersen George R $75,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $74,000 -7.4% $63 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $79,900 -- $68 / 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 $1,067 $56,100 $56,100 $0
2024 -- $58,300 $58,300 $0
2023 -- $48,100 $48,100 $0
2022 -- $49,100 $0 $0
2021 $436 $39,700 $0 $0
2020 $436 $35,800 $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: 16013432

Southwestern Michigan Association of REALTORS®

APN: 007-012-016-00