NOT LISTED FOR SALE

5938 4th St Ludington, MI 49431

Estimated Value: $125,000 - $196,000

5 Beds
2 Baths
2,169 Sq Ft
$67/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $35,500 $16 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $927/month

8 Days on Market

Highlights

  • 1.93 Acre Lot
  • Traditional Architecture
  • 4 Car Detached Garage
  • Lakeview Elementary School Rated A-
  • Pole Barn
  • Heating System Uses Natural Gas

About This Home

As of April 2015

This home, in need of extensive re-hab, and 30 x 50 pole barn on almost 2 acres in Pere Marquette Township, is at the end of Fourth St- such a nice setting with a large yard, with trees on the back side. Home will need a cash offer due to condition, no heat, and needing extensive repairs and updates. This property is eligible for the First Look Initiative through 04/19/15. Investor buyers and second home buyers may negotiate offers with the seller after 04/19/15. Agents, see agent remarks.

Last Agent to Sell the Property

Michelle Anderson

CENTURY 21 Bayshore License #6502115734 Listed on: 03/31/2015

CENTURY 21 Bayshore

Last Buyer's Agent

Random Messeder

LIGHTHOUSE REALTY-Ludington License #6501380117

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 1.93 Acre Lot
  • Lot Dimensions are 256.4 x 323 x 256.4 x 332
  • Property is zoned R-2, R-2

Parking

  • 4 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,169 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Pole Barn

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Parking

4

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1912
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 256.4 x 323 x 256.4 x 332
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2169.0
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 1856.0
  • Tax Info:Zoning3: R-2
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Water:Public2: Yes
  • Water Heater:Natural Gas4: Yes
  • Outbuildings:Pole Barn: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1205.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2169.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Other
  • List Price: 29900.0
  • Other Structures: Pole Barn
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 4.0

Utilities

  • Heating: None
  • Heating: No
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.93
  • Lot Size Area: 1.93
  • Lot Dimensions: 256.4 x 323 x 256.4 x 332
  • Lot Size Sq Ft: 84070.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1856.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Scott Mitchell Jeffrey
Bought by
Farmer David and Farmer Mary
Current Estimated Value
$145,221

Purchase Details

Listed on
Mar 31, 2015
Closed on
Apr 29, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mitchell Jeffrey Scott
Seller's Agent
Michelle Anderson
CENTURY 21 Bayshore
Buyer's Agent
Random Messeder
LIGHTHOUSE REALTY-Ludington
List Price
$29,900
Sold Price
$35,500
Premium/Discount to List
$5,600
18.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.66%

Purchase Details

Closed on
Jan 1, 1998
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
Farmer David $86,000 None Listed On Document
Mitchell Jeffrey Scott $35,500 None Available
-- $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wicklund Andrew E $20,000
Previous Owner Wicklund Andrew E $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $35,500 +18.7% $16 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $29,900 -- $14 / 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 $1,626 $66,600 $66,600 $0
2024 -- $58,600 $58,600 $0
2023 -- $67,600 $67,600 $0
2022 -- $66,700 $0 $0
2021 -- $59,200 $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: 15013704

Southwestern Michigan Association of REALTORS®

APN: 010-023-200-020-00