1 year on rocket

2880 N State Rd, Luther, MI, 49656

$1,070,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,500 SqFt
$713/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2880 N State Rd, Luther$1,070,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage5 spaces
Year Built1950
HeatingForced Air, Propane, Radiant
BasementYes
MLS #72023003758
Lot Size208.00 Acres
StatusActive

About 2880 N State Rd

A truly rare find. 230 acres of stunning ground located just west of HWY 131 in Lake County, this parcel must be seen to be appreciated! A uniquely diverse property that begins with thick apple orchards, changes into vast hay fields and cattle pasture, into lofted views from several rolling peaks on the property, incredible building sites with views of miles around. Artesian water flows into freshwater springs originating on the property, and combined with thick forest on the SE side, all manner of wildlife will never have a reason to leave this parcel. Several enormous and well constructed steel buildings service the property, and could easily house equipment, livestock, or a business. The modest older farm home could be brought back to life and serve you well! Located on the doorstep ofthousands of acres of state forest, and countless miles of ORV trails lakes and rivers, the size and setting makes you feel like you could be in Michigan's upper peninsula. A property so rich with detail and potential is a true must-see. Current leasing incomes more than cover all property expenses, and a thriving bee/honey farm provides all the honey your could want! Nearby power superstation makes solar or wind farm potential a reality. The owner has taken pride and care of the property for many years, and is ready to turn this legacy estate over to its next owner. Call for more about the established income opportunities on this parcel, or to set up your personal tour.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: RE/MAX TOGETHER
  • Office Phone: (231) 629-4100
  • Listing Agent: Joseph McNally

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 5 spaces
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level, Other, Farm, Wooded
  • Lot Size: 208.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Propane, Radiant

Other

Directions Information:

  • Directions: 131 North to Exit 162, West onto 14 Mile/Old M-63, follow until you reach the Luther Village, turn left (South) onto Old State Rd. to property on the East side of the Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,070,000
  • Price Per SqFt: $713/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Luther, MI.

Map thumbnail provided by MapBox

Luther, MI

City

Med. Sold Price

$140.5K

Med. Price/SqFt

$123

Avg. Days On Market

56

# of Sold Homes

1

2880 N State Rd vs Luther

684 DAYS ON ROCKET

+628 Days

$1,070,000

+$929.5K More

$713/SqFt

+$590 More

KEY TAKEAWAY

This property is $929.5K more than the Median Sold Price and $590/SqFt more than other homes in Luther, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: West Central Association of REALTORS
  • MLS Number: #72023003758

Listing Office:

  • Office Name: RE/MAX TOGETHER
  • Office Phone: (231) 629-4100
  • Listing Agent: Joseph McNally

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $190,000
2020 - $197,000
2019 - $198,700
2018 - $187,100
2017 - $199,500

History based on county public records data.

Payment Calculator

$5,408

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,274

Powered By

Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-920111
5
/10

  • Pine River Area Elementary School

  • 408 W Gilbert St

  • 11.29 miles

  • Public District Grades PK-3

school-card-donut-920112
2
/10

  • Baldwin Elementary School

  • 525 4th St

  • 12.65 miles

  • Public District Grades PK-5

school-card-donut-920113
5
/10

  • Gt Norman Elementary School

  • 338 W Lincoln Ave

  • 13.35 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,278. Typical income of Luther, MI residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2880 N State Rd

What is the listing price of this property?

The listing price of 2880 N State Rd property is $1,070,000.

What type of property is this?

The property 2880 N State Rd is a house located in Luther, Michigan, 49656.

Is this property for sale now?

Active Listing: 2880 N State Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2880 N State Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2880 N State Rd is 1,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2880 N State Rd is 1950.

Rocket Homes›Michigan›Lake County›Luther›49656›2880 N State Rd

This home is located at 2880 N State Rd in Luther, MI and zip code 49656. This 1,500 square foot home, which was built in 1950, sits on a 208.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 07, 2023 and is currently priced at $1,070,000.

While more than 0 listings in Luther, MI in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. In November 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $140,500.

From Rocket Homes Real Estate and based on county public records data.

More Resources