NOT LISTED FOR SALE

605 E Ludington Dr Farwell, MI 48622

Estimated Value: $196,000 - $274,000

3 Beds
1.5 Baths
1,750 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $205,000 $117 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,434/month

10 Days on Market

Highlights

  • River Front
  • Wood Flooring
  • Shed
  • 28.82 Acre Lot

About This Home

As of February 2024

Great location just outside of Farwell, 28.8 Acres that has a survey, Beautiful tobacco river runs through the property, some rolling hills and woods. The house is a 3 bedroom 1.5 bath, Use your imagination to update this older home or build a new home on this awesome parcel.

Last Agent to Sell the Property

Kerry Redman Fernbach

RE/MAX RIVER HAVEN License #CGBOR-6501309549 Listed on: 01/19/2024

RE/MAX RIVER HAVEN

Last Buyer's Agent

Kerry Redman Fernbach

RE/MAX RIVER HAVEN License #CGBOR-6501309549 Listed on: 01/19/2024

RE/MAX RIVER HAVEN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1890

Lot Details

  • 28.82 Acre Lot
  • 798 Ft Wide Lot
  • River Front
  • Property fronts an easement

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Michigan Basement
  • Stone Basement

Outdoor Features

  • Shed

Utilities

  • Boiler Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 015-030-400-09

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,994

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1808
  • Year Built: 1890
  • Mail City: Farwell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven
  • Basement: Yes
  • Basement: MI Basement, Stone, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 12 x 14
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Upper Floor, Dimensions: 10 x 12
  • Bedroom 2 Floor Covering: Linoleum
  • Bedroom 3: On Upper Floor, Dimensions: 10 x 17
  • Bedroom 3 Floor Covering: Linoleum
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main, Flooring: Linoleum
  • Dining Room: On Main Floor, Dimensions: 15 x 13
  • Dining Room Floor Covering: Linoleum
  • Kitchen: On Main Floor, Dimensions: 17 x 9
  • Kitchen Floor Covering: Linoleum
  • Laundry: In Basement
  • Living Room: On Main Floor, Dimensions: 17 x 11
  • Living Room Floor Covering: Wood
  • Finished Below Grade Sq Ft: 450
  • Above Grade Finished Sq Ft: 1300
  • Total Finished Sq Ft: 1750
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement, Michigan Basement
  • Frontage: 798
  • Lake Name: Tobacco river
  • Road: City/County
  • Water Features: River Frontage, Waterfront
  • Waterfront: Yes
  • Out Buildings: Shed, Other (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Boiler
  • Heating Fuel: Other (FuelType)
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 015-030-400-09
  • Lot Dimensions: 1,219,680
  • Acreage: 28.82
  • Geo Subdivision: MI
  • Site/Lot Features: Main Street, Easement

Tax Info

  • Summer Tax: Year: 2022, Amount: $417.00
  • Winter Tax: Year: 2022, Amount: $1,391.00
  • Taxable Value: 40999
  • Total Tax: Amount: $1,808.00
  • SEV Year: 2023

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 27, 2024
Sold by
Dedolph Richtor H
Bought by
Miller Adam and Miller Aaron
Seller's Agent
Kerry Redman Fernbach
RE/MAX RIVER HAVEN
Buyer's Agent
Kerry Redman Fernbach
RE/MAX RIVER HAVEN
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Views
92
Current Estimated Value
$238,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,103
Avg. Annual Appreciation
-1.05%
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
Miller Adam $205,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $205,000 -8.9% $117 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $225,000 -- $129 / Sq Ft
Source: Clare Gladwin Board 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 $1,994 $109,070 $62,238 $46,832
2024 $459 $99,093 $50,050 $49,043
2023 $417 $83,272 $44,325 $38,947
2022 $1,808 $71,567 $44,375 $27,192
2021 $1,761 $69,200 $0 $0
2020 $1,746 $74,700 $0 $0
2019 $1,631 $60,000 $0 $0
2018 $1,574 $58,000 $0 $0
2017 $377 $57,500 $0 $0
2016 $374 $58,849 $0 $0
2015 -- $59,376 $0 $0
2014 -- $62,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kerry Redman Fernbach

    RE/MAX Michigan

    (989) 329-2900

    82 Total Sales

    Kerry Redman Fernbach
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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50131777

Clare Gladwin Board of REALTORS®

APN: 015-030-400-09

Michigan Clare County Farwell 48622

605 E Ludington Dr, Farwell, MI

This home is located at 605 E Ludington Dr, Farwell, MI 48622 since 19 January 2024 and is currently estimated at $238,103, approximately $136 per square foot. This property was built in 1890. 605 E Ludington Dr is a home located in Clare County with nearby schools including Farwell High School, St Cecilia Catholic School, and Great Lakes Mennonite 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.

Clare Gladwin Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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