NOT LISTED FOR SALE

5574 Iris Rd Ludington, MI 49431

Estimated Value: $96,604

3 Beds
2 Baths
1,414 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 19, 2012

Last sale price $41,000 $29 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $569/month

56 Days on Market

Highlights

  • Pole Barn
  • Farmhouse Style Home
  • Forced Air Heating System
  • Lakeview Elementary School Rated A-
  • Property is near a preserve or public land
  • Wood Burning Fireplace

About This Home

As of April 2012

Property is adjacent to Suttons Landing, so easy access to the Pere Marquette River. Home may be the oldest in the county, and will need rehab, but has wood flooring, great location and huge outbuilding. Home and outbuilding need work. This property is eligible for the First Look Initiative through 03/07/12. Investor buyers and second home buyers may negotiate offers with the seller after 03/07. See agent remarks.

Last Agent to Sell the Property

Michelle Anderson

CENTURY 21 Bayshore License #6502115734 Listed on: 02/23/2012

CENTURY 21 Bayshore

Last Buyer's Agent

Jackie Makowicki

Five Star Real Estate - Ludington License #6502105737

Five Star Real Estate - Ludington

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1840

Lot Details

  • 1.27 Acre Lot
  • Property is zoned A-R, Pere Marqu, A-R, Pere Marqu

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,414 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pole Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Septic Tank
  • Septic System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1840
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 279 x 190 per township records
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1414.0
  • General Property Info:Design: Farmhouse
  • Tax Info:Annual Property Tax: 1096.0
  • Tax Info:Zoning3: A-R, Pere Marqu
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • General Property Info:Fireplace: No
  • Outbuildings:Pole Barn: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Additional Items:LP Tank Rented: Yes
  • Lot Description:Adj to Public Land: Yes
  • General Property Info:SqFt Above Grade: 1414.0
  • General Property Info Garage YN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: LP Tank Rented
  • Fireplace Features: Wood Burning
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1414.0
  • General Property Info:Stories2: 2.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 45000.0
  • Lot Features: Adj to Public Land
  • Other Structures: Pole Barn
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 1.27
  • Lot Size Area: 1.27
  • Lot Dimensions: 279 x 190 per township records
  • Lot Size Sq Ft: 55321.0
  • Zoning Description: A-R, Pere Marqu
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1096.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2012
Closed on
Apr 18, 2012
Sold by
Federal Home Loan Mortgage Corp
Bought by
Behan Stacey
Seller's Agent
Michelle Anderson
CENTURY 21 Bayshore
Buyer's Agent
Jackie Makowicki
Five Star Real Estate - Ludington
List Price
$45,000
Sold Price
$41,000
Premium/Discount to List
-$4,000
-8.89%
Current Estimated Value
$96,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,604
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Dec 1, 1999
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
Behan Stacey -- None Available
-- $41,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2012 04/19/12 Sold $41,000 -8.9% $29 / Sq Ft
04/19/2012 04/19/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $45,000 -- $32 / Sq Ft
Source: MichRIC

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 $726 $17,200 $17,200 $0
2024 -- $15,800 $15,800 $0
2023 -- $16,800 $16,800 $0
2022 -- $16,600 $0 $0
2021 -- $15,100 $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

  • M

    Seller's Agent in 2012

    Michelle Anderson

    CENTURY 21 Bayshore

    Section Image
  • Jackie Makowicki

    Buyer's Agent in 2012

    Jackie Makowicki

    Five Star Real Estate - Ludington

    (231) 510-3569

    146 Total Sales

    Jackie Makowicki
    Section Image

  • J

    Buyer's Agent in 2012

    Jacqueline Makowicki

    GREENRIDGE Realty-Ludington

See All Agents

Map

Source: MichRIC

MLS Number: 12009967

MichRIC

APN: 010-025-300-002-00

Michigan Mason County Ludington 49431

5574 Iris Rd, Ludington, MI

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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