NOT LISTED FOR SALE

5927 W 1st St Ludington, MI 49431

Estimated Value: $205,000 - $211,000

3 Beds
1 Bath
1,238 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $45,000 $36 Per Sq Ft

Est. 362% increase in value since last sale

Current estimated payment $1,235/month

21 Days on Market

Highlights

  • Recreation Room
  • Traditional Architecture
  • Living Room
  • Lakeview Elementary School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of June 2016

Located on the outskirts of town, this 3 bedroom home has potential. Fresh exterior paint. Interior needs work. Home sold as-is. See inspection reports in attached documents. Buyer/Agent to verify all dimensions. This property is eligible under the Freddie Mac First Look Initiative through 5/23/16. Please see HomeSteps.com for details.

Last Agent to Sell the Property

Randy Stark

Coldwell Banker Anchor-Hart License #6501379462 Listed on: 05/03/2016

Coldwell Banker Anchor-Hart

Last Buyer's Agent

Debbie Bush

CENTURY 21 Bayshore License #6502323651

CENTURY 21 Bayshore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $847

Year Built

  • Built in 1945

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 170 x 160

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,238 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$847

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1945
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 170 x 160
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1238.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 847.0
  • 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
  • Sale Conditions:REOBank Owned: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 1238.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1238.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 936.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 49900.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: 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: 0.62
  • Lot Size Area: 0.62
  • Lot Dimensions: 170 x 160
  • Lot Size Sq Ft: 27200.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 847.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Jun 2, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Castonia Timothy L and Castonia Brooke L
Seller's Agent
Randy Stark
Coldwell Banker Anchor-Hart
Buyer's Agent
Debbie Bush
CENTURY 21 Bayshore
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Current Estimated Value
$208,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,077
Avg. Annual Appreciation
18.02%

Purchase Details

Closed on
Aug 27, 2015
Sold by
Buchholz Joshua and Buchholz Tila
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 3, 2003
Sold by
Condit Michele L
Bought by
Buchholz Joshua and Buchholz Tila

Purchase Details

Closed on
Mar 13, 2003
Sold by
Schumacher Dennis
Bought by
Condit Michele L
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
Castonia Timothy L $45,000 None Available
Federal Home Loan Mortgage Corporation $55,250 None Available
Buchholz Joshua $83,900 --
Condit Michele L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castonia Timothy L $81,400
Closed Castonia Brooke L $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2016 06/03/16 Sold $45,000 -9.8% $36 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $49,900 -- $40 / 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 $1,314 $93,800 $93,800 $0
2024 -- $94,100 $94,100 $0
2023 -- $75,100 $75,100 $0
2022 -- $57,200 $0 $0
2021 -- $50,000 $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: 16020279

Southwestern Michigan Association of REALTORS®

APN: 010-023-200-003-00