NOT LISTED FOR SALE

5788 W Shagway Rd Ludington, MI 49431

Estimated Value: $27,072 - $49,000

1.46 Acres
$26,052 Price per Acre
63,598 Sq Ft Lot

Last Sold November 21, 2019

Last sale price $19,000

Est. 100% increase in value since last sale

Current estimated payment $227/month

100 Days on Market

About This Lot

As of November 2019

This home is located at 5788 W Shagway Rd, Ludington, MI 49431 since 29 July 2019 and is currently estimated at $38,036. 5788 W Shagway Rd is a home located in Mason County with nearby schools including Ludington Elementary School, Franklin Elementary School, and O.J. DeJonge Middle School.

Last Agent to Sell the Property

Brian Riley

GREENRIDGE Realty Ludington License #6501373860 Listed on: 07/29/2019

Last Buyer's Agent

Brian Riley

GREENRIDGE Realty Ludington License #6501373860 Listed on: 07/29/2019

Property Details

Property Type

  • Land

Lot Details

  • 1.46 Acre Lot
  • Finished Lot(s)
  • Zoning described as Residential-R1

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 25500.0
  • Lot Features: Buildable
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Waterfront: No

Lot Info

  • Lot Size Acres: 1.46
  • Lot Size Area: 1.46
  • Lot Size Sq Ft: 63598.0
  • Zoning Description: Residential-R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 630.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Nov 21, 2019
Sold by
Horvat John P and Horvat Marion
Bought by
Teresa M Cavallini Rt
Seller's Agent
Brian Riley
GREENRIDGE Realty Ludington
Buyer's Agent
Brian Riley
GREENRIDGE Realty Ludington
List Price
$25,500
Sold Price
$19,000
Premium/Discount to List
-$6,500
-25.49%
Current Estimated Value
$38,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,036
Avg. Annual Appreciation
12.53%
Original Mortgage
$29,600
Outstanding Balance
$15,422
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$22,614

Purchase Details

Closed on
Oct 1, 2002
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Teresa M Cavallini Rt $19,000 --
-- $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teresa M Cavallini Rt $29,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $19,000 -25.5% --
11/06/2019 11/06/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $25,500 -- --
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 $312 $10,000 $10,000 $0
2024 -- $12,500 $12,500 $0
2023 -- $11,500 $11,500 $0
2022 -- $12,000 $0 $0
2021 -- $13,300 $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

  • B

    Seller's Agent in 2019

    Brian Riley

    GREENRIDGE Realty Ludington

    (231) 852-3649

    60 Total Sales

    Brian Riley
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18041385

Southwestern Michigan Association of REALTORS®

APN: 007-002-035-10

Michigan Mason County Ludington 49431

5788 W Shagway Rd, Ludington, MI

This home is located at 5788 W Shagway Rd, Ludington, MI 49431 since 29 July 2019 and is currently estimated at $38,036. 5788 W Shagway Rd is a home located in Mason County with nearby schools including Ludington Elementary School, Franklin Elementary School, and O.J. DeJonge Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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