$37,500
SOLD JAN 27, 2016

5968 3rd St Ludington, MI 49431

4 Beds
1.5 Baths
1,488 Sq Ft
0.4 Acres

Recently Sold

$25 Per Sq Ft

7 Days on Market

Highlights

  • Deck
  • Farmhouse Style Home
  • Forced Air Heating System
  • Lakeview Elementary School Rated A-
  • 1 Car Detached Garage
  • Back Yard Fenced

About This Home

As of February 2020

4 Bedrooms, 1.5 bath home on outskirts of town. Needs TLC but has great potential. Close to town and Beach and Parks. Sale is AS IS, seller makes no repairs or warranties of any kind. All information is estimated and should be verified prior to offer. Cash Sale Only

Last Agent to Sell the Property

Sherri Gradisher

Shoreline Properties of WM LLC License #6502364716 Listed on: 01/05/2016

Last Buyer's Agent

Lori Dickenson

LIGHTHOUSE REALTY-Ludington License #6501264017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 149.54 x 116.50
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 149.54 x 116.50
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1488.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1601.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1488.0
  • General Property Info Garage YN: Yes
  • Fencing:Fenced Back: Yes
  • Architectural Style Farm House: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1488.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 37500.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: 149.54 x 116.50
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1601.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Cohoon Alanna M and Soberalski Alanna M
Bought by
Truog Brannon and Poorman Savannah
Current Estimated Value
$217,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$9,921
Interest Rate
6.12%
Estimated Equity
$208,059

Purchase Details

Listed on
Dec 31, 2019
Closed on
Feb 18, 2020
Sold by
Mid Point Enterprises Inc
Bought by
Cohoon Alanna M
Seller's Agent
Debby Stevenson
Greenridge Realty S Rath
Buyer's Agent
Debby Stevenson
Greenridge Realty S Rath
List Price
$135,000
Sold Price
$132,000
Premium/Discount to List
-$3,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$129,609
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 5, 2016
Closed on
Jan 22, 2016
Sold by
Flagstar Bank Fsb
Bought by
Mid Point Enterprises Inc
Seller's Agent
Sherri Gradisher
Shoreline Properties of WM LLC
Buyer's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
List Price
$37,500
Sold Price
$37,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.23%
Original Mortgage
$0
Interest Rate
4%

Purchase Details

Closed on
May 9, 2008
Sold by
Anderson Joan and Flagstar Bank Fsb
Bought by
Chaffee Tenna M and Bromley Tenna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2007
Sold by
Funk Gerald J and Funk Kristie M
Bought by
W M Specialty Mortgage Llc

Purchase Details

Closed on
Jul 6, 2005
Sold by
Wahr Jerry L and Wahr Lynda K
Bought by
Nelson Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
5.68%

Purchase Details

Closed on
Jun 1, 1996
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 Type Sale Price Title Company
Warranty Deed $217,500 Chicago Title
Warranty Deed $217,500 Chicago Title
Warranty Deed $132,000 None Available
Deed $37,500 None Available
Warranty Deed $64,000 1St Choice Title Services In
Sheriffs Deed $70,884 None Available
Sheriffs Deed $88,510 None Available
Warranty Deed $85,500 None Available
Warranty Deed $29,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 No Value Available
Closed $10,000 No Value Available
Open $210,975 New Conventional
Closed $210,975 New Conventional
Previous Owner $128,031 Stand Alone Refi Refinance Of Original Loan
Previous Owner $129,609 FHA
Previous Owner $0 No Value Available
Previous Owner $67,200 New Conventional
Previous Owner $86,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $132,000 -2.2% $100 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
12/31/2019 12/31/19 For Sale $135,000 +260.0% $102 / Sq Ft
01/27/2016 01/27/16 Sold $37,500 0.0% $25 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $37,500 -- $25 / 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 $1,236 $69,800 $69,800 $0
2024 -- $70,200 $70,200 $0
2023 -- $56,600 $56,600 $0
2022 -- $43,600 $0 $0
2021 -- $39,100 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16000304

Southwestern Michigan Association of REALTORS®

APN: 010-023-200-016-00