$5,500,000
SOLD NOV 25, 2024

641 52nd St Pullman, MI 49450

-- Bed
-- Bath
-- Sq Ft
1,192 Acres

Recently Sold

8% Below List Price

160 Days on Market

Highlights

  • Private Waterfront
  • 1,192 Acre Lot
  • 5 Car Garage
  • Home fronts a pond
  • Wooded Lot
  • Forced Air Heating System

About This Home

As of November 2024

Investment of a lifetime! Nearly 1200 acres of hardwood trees, sandy soil and rental income only 15 minutes from South Haven and Lake Michigan. Less than a hundred acres of this property have been developed and include a 30,000+ sq. ft warehouse/store, 8 homes, a 20 bedroom lodge, multiple AirBnb rentals, polebarns and storage, and a beautiful and vibrant community. Priced to sell to a single buyer, a plan of 36 listings and substantial profits is available and the next owner will have an endless number of possiblities. Possiblities include land splits, timber harvest, interest from solar panel companies and so much more. Detailed plan to profitablity and a great return is available. Call today for more details.

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 06/13/2024

Keller Williams GR East

Co-Listed By

Matt Kepley

Five Star Real Estate (Ada) License #6506047033

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,749

Year Built

  • Built in 1960

Lot Details

  • 1,192 Acre Lot
  • Home fronts a pond
  • Private Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Historic Home
  • Property is zoned Rural Res, Rural Res

Parking

  • 5 Car Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Laundry on main level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Water Access

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Radiant Heating System
  • Well
  • Septic System

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,749

Year Built

Built in 1960

Lot Details

0

Parking

5

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Architectural Style Historic: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Basement: Crawl Space, Full, Slab, Walk-Out Access

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 6000000.0
  • Lot Features: Recreational, Wooded, Rolling Hills
  • Waterfront Features: Pond, Stream/Creek
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage: Yes
  • Parking Features: Detached, Attached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 5.0

Utilities

  • Heating: Forced Air, Radiant
  • Heating: Yes
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 1192.0
  • Lot Size Area: 1192.0
  • Lot Dimensions: 1.5 miles x 1.75 miles
  • Lot Size Sq Ft: 51923520.0
  • Zoning Description: Rural Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25749.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Nov 25, 2024
Sold by
Oak Haven
Bought by
Streams Of Light International Inc
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$6,000,000
Sold Price
$5,500,000
Premium/Discount to List
-$500,000
-8.33%
Views
31
Current Estimated Value
$2,132,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,367,340
Avg. Annual Appreciation
-80.91%
Original Mortgage
$5,500,000
Outstanding Balance
$5,469,992
Interest Rate
6.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$3,399,380
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 Type Sale Price Title Company
Warranty Deed -- Sun Title Agency
Warranty Deed -- Sun Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,500,000 Credit Line Revolving
Closed $5,500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $5,500,000 -8.3% --
11/20/2024 11/20/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $6,000,000 -- --
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 $5,435 $426,900 $426,900 $0
2024 $4,982 $336,000 $336,000 $0
2023 $4,982 $167,600 $167,600 $0
2022 $4,982 $152,400 $152,400 $0
2021 $4,431 $152,400 $152,400 $0
2020 $4,431 $138,600 $138,600 $0
2019 $4,477 $138,600 $138,600 $0
2018 $0 $132,000 $132,000 $0
2017 $0 $126,000 $126,000 $0
2016 $0 $120,000 $120,000 $0
2015 -- $120,000 $120,000 $0
2014 -- $120,000 $120,000 $0
2013 -- $168,000 $168,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24030216

Southwestern Michigan Association of REALTORS®

APN: 12-023-004-00