NOT LISTED FOR SALE

5885 S Posey Lake Hwy Hudson, MI 49247

Estimated Value: $202,000 - $232,000

4 Beds
2 Baths
1,600 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 09, 2020

Last sale price $166,000 $104 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,431/month

145 Days on Market

Highlights

  • Stables
  • Wood Burning Stove
  • Farmhouse Style Home
  • Deck
  • Wooded Lot
  • Ground Level Unit

About This Home

As of June 2020

What an incredible piece of land! Surrounded by 2600 acres of Lake Hudson recreational land on all three sides of this perfectly squared 4 acres This home is picture perfect. With two cabins to host all of your guests or lodge the hunters during hunting season. Possibilities are endless with this home. You can hunt in this state park, and if you're a NASCAR fan you're less than 20 minutes from MIS!! The main farmhouse has 4 bedrooms, 2 full baths, and a large eat-in kitchen. The newest cabin is 384 sqft and the other guest cottage is 216 sqft! Both cabins have electricity. The lake sits just behind the trees that run along the property line and is also state park land. This home is dated back to the early 1900s and the 100-year-old hand-hewn wood fireplace tells a story. Although it has been renovated it still holds its original charm! Seller is very MOTIVATED and is including all furnishings, appliances & lawn equipment with an acceptable offer!

Last Agent to Sell the Property

Roshawnda Harvard

Island Realty - KW Advantage License #6501338508 Listed on: 10/09/2019

Last Buyer's Agent

Janie Navarro

Xsell Realty License #6501333304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 417x417
  • Native Plants
  • Wooded Lot

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Chimney Cap
  • Vinyl Construction Material

Interior Spaces

  • 1,600 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Free-Standing Gas Oven
  • Self-Cleaning Oven
  • Free-Standing Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Ground Level Unit
  • Stables

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number HD0127362500
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,968

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Farmhouse
  • Architecture Level: 1 1/2 Story
  • Year Built: 1910
  • State Equalized Value: 84000.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural, Wood Stove
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Microwave, Free-Standing Gas Oven, Self Cleaning Oven, Free-Standing Gas Range, Free-Standing Refrigerator
  • Sq Ft Combined: 1600
  • Total Sq Ft: 1600
  • Sq Ft Total Bsmt: 400

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Vinyl
  • Exterior Features: Chimney Cap(s)
  • Foundation Materials: Stone
  • Frontage Feet: 417
  • Porch Type: Deck, Porch
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Hudson

Lot Info

  • Homestead: Yes
  • List Price per Acre: 42250.0000
  • Lot Features: Native Plants, Wooded
  • Lot Size Area: 4.00
  • Lot Dimensions: 417x417
  • Parcel Number: HD0127362500

Tax Info

  • Tax Amount Summer: 472.6600
  • Tax Amount Winter: 1494.9300
  • Total Tax: 1967.5900

MLS Schools

  • School District: Hudson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Jun 9, 2020
Sold by
Robertson Arlton and Robertson Laurel
Bought by
Lewis Dane
Seller's Agent
Roshawnda Harvard
Island Realty - KW Advantage
Buyer's Agent
Janie Navarro
Xsell Realty
List Price
$169,000
Sold Price
$166,000
Premium/Discount to List
-$3,000
-1.78%
Current Estimated Value
$227,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,698
Avg. Annual Appreciation
5.47%
Original Mortgage
$170,707
Outstanding Balance
$151,985
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$66,722

Purchase Details

Closed on
Sep 9, 2010
Sold by
Graber Verl D and Braber Michelle R
Bought by
Robertson Arliton and Robertson Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,708
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Graber Verl D and Graber Michelle R

Purchase Details

Closed on
Jan 11, 2007
Sold by
Geletzke Kevin C and Century 21 Mortgage
Bought by
Federal Home Loan Mortgage Corporation
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
Lewis Dane $166,000 None Available
Robertson Arliton $115,000 None Available
Graber Verl D $60,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $108,744 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Dane $170,707
Previous Owner Robertson Arliton $111,708
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2020 06/09/20 Sold $166,000 -1.8% $104 / Sq Ft
03/04/2020 03/04/20 For Sale $169,000 0.0% $106 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/28/2020 02/28/20 Price Changed $169,000 0.0% $106 / Sq Ft
02/28/2020 02/28/20 For Sale $169,000 -3.4% $106 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $175,000 -2.7% $109 / Sq Ft
12/04/2019 12/04/19 Price Changed $179,900 -7.7% $112 / Sq Ft
10/09/2019 10/09/19 For Sale $195,000 -- $122 / Sq Ft
Source: Realcomp

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 $2,213 $95,800 $0 $0
2024 $882 $91,900 $0 $0
2022 $775 $73,700 $0 $0
2021 $1,977 $67,300 $0 $0
2020 $2,005 $48,800 $0 $0
2019 $116,982 $43,200 $0 $0
2018 $1,946 $43,201 $0 $0
2017 $1,929 $42,295 $0 $0
2016 $1,834 $39,866 $0 $0
2014 -- $41,201 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219103229

Realcomp

APN: HD0-127-3625-00