NOT LISTED FOR SALE

5539 Rasmussen Rd Ludington, MI 49431

Estimated Value: $302,062 - $436,000

3 Beds
2 Baths
1,404 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 10, 2012

Last sale price $117,000 $83 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $2,276/month

307 Days on Market

Highlights

  • Attached Garage
  • Shed
  • 1-Story Property
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of April 2012

Wonderful brick ranch home on 1 acre close to town features 3 bedrooms, 2 full baths, full unfinished basement, laundry room, lots of storage, 2 car att. garage/wk. shop, 2 storage sheds & paved drive. Nice big backyard with plenty of privacy & large front yard with big trees. Newer central air. Brand new garage door and 2 entry doors. Home has nice carpet but there's also oak hardwood underneath. This place was well-built and is in excellent condition!

Last Agent to Sell the Property

Bill Bailey

LIGHTHOUSE REALTY-Ludington License #6505287294 Listed on: 06/08/2011

Last Buyer's Agent

Bill Bailey

LIGHTHOUSE REALTY-Ludington License #6505287294 Listed on: 06/08/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,595

Year Built

  • Built in 1960

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 155x 280

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic System
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,595

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 155X 280
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1404.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1595.0
  • Tax Info:Zoning3: Res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Appliances Microwave: Yes
  • Outbuildings:Storage Shed: Yes
  • General Property Info:SqFt Above Grade: 1404.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Garage Door Opener
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1404.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 1164.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Patio
  • List Price: 125000.0
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:Patio: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Public Water, Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: 155X 280
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1595.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2011
Closed on
Apr 12, 2012
Sold by
Andreadis Martha
Bought by
Andreadis Marth A and Andreadis Demetria Z
Seller's Agent
Bill Bailey
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Bill Bailey
LIGHTHOUSE REALTY-Ludington
List Price
$149,900
Sold Price
$117,000
Premium/Discount to List
-$32,900
-21.95%
Current Estimated Value
$349,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,016
Avg. Annual Appreciation
8.44%
Original Mortgage
$111,150
Outstanding Balance
$77,898
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$264,102

Purchase Details

Closed on
Aug 27, 2002
Sold by
Smith Harold

Purchase Details

Closed on
Oct 1, 1993
Bought by
Smith Harold D and Smith Leona M
Source: Public Records

Range of Values:

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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
Andreadis Marth A -- --
Andreadis Martha -- --
Andreadis Marth A -- --
Andreadis Martha -- --
-- -- --
-- -- --
Smith Harold D $90,000 --
Smith Harold D $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andreadis Martha $16,000
Open Andreadis Martha $111,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2012 04/10/12 Sold $117,000 -21.9% $83 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
06/08/2011 06/08/11 For Sale $149,900 -- $107 / 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 -- $146,300 $146,300 $0
2023 -- $115,300 $115,300 $0
2022 -- $101,600 $0 $0
2021 -- $85,900 $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: 11032197

Southwestern Michigan Association of REALTORS®

APN: 010-012-100-019-00