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$515,000

Beds
4
Baths
2.0
sq ft
1,456

4714 N Lincoln Rd, Ludington, MI 49431

4714 N Lincoln Rd

Hamlin Twp, MI 49431

  • 51 days on market
    • Price drop $5,000↓
Hamlin Township - Are you looking for your perfect Up North home or getaway, nestled on a wooded 5 acres? This lovely home offers you convenience to town along with a private and serene setting, surrounded by nature. Meander down the recently improved gravel driveway to your inviting home with covered front porch and detached 2 car garage. Walk into the living space with open floor plan, cathedral ceilings, wood burning fireplace and great natural light. Kitchen is recently remodeled, new appliances have been added, nice tile floors, and a sliding glass door opens to the expansive back deck to enjoy the outdoors. 2 bedrooms and a full bath complete the main floor. Upstairs offers a large bedroom with full bath. Finished walkout lower level boasts a family room with gas fireplace,bedroom with a daylight window. Plus, a sizable laundry room and work room space. Many upgrades and updates to this home including fresh paint, mini splits (for heat and cooling), driveway & parking area enlarged & graveled, new roof, new drain field, Generac generator and more. Easy access to Hamlin Lake boat launch, Lake Michigan beaches, Ludington State Park and downtown Ludington. Buyer to verify all info.

Details

Property type

Single Family Residence

Est. home value

$345,804

Lot size

5.02 acres

Price per sq ft

$354

Year built

1992

Annual property taxes

$3,975.25

Price History

02/07/2025
Realcomp

Realcomp #67025000309

Price change
$515,000
-0.96%
01/24/2025
Realcomp

Realcomp #67025000309

Price change
$520,000
-0.95%
01/03/2025
Realcomp

Realcomp #67025000309

Listed
$525,000
+52.17%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ludington

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$302,201
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$171,599
Cash to seller
$302,201

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

West Shore Bank

Loan start date

June 2023

Original loan amount

$175,000

Est. remaining balance

$171,599

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Martha Hansen and Don Hansen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 2:00 PM

Listing updated: 02/14/2025 at 5:34 PM

Listed by: Debby Stevenson, Debby Stevenson, Greenridge Realty S RathGreenridge Realty S Rath Phone #: (231) 843-6868

MLS: Realcomp #67025000309

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