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513 Luther St, Luther, MI, 49656

$119,500

Home List Price

$1,419*

Closing Credit

2 Bedrooms
1 Full Bath
1,209 SqFt
$99/SqFt
House

Location

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513 Luther St, Luther$119,500

Buyer Closing Credits

$1,419*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Private, Detached
Garage2 spaces
Year Built1940
HeatingWall Furnace
WaterfrontNone
FireplaceGas
MLS #1927480
Lot Size0.78 Acres
StatusActive

About 513 Luther St

Welcome to this charming 2-bedroom, 1-bath home nestled on a spacious corner lot in the heart of the village of Luther. This property includes two additional lots, offering ample outdoor space and endless possibilities. The home is equipped with a durable metal roof and vinyl siding, both less than 15 years old, along with some updated windows, a newer dishwasher, and a gas water heater, ensuring comfort and efficiency. Inside, you’ll find a cozy living space featuring a large mudroom, perfect for storing all your outdoor gear, and an enclosed front porch where you can relax and enjoy your morning coffee. The home also features a sliding glass door that leads to a beautiful deck overlooking the expansive yard, providing the perfect spot for entertaining or unwinding with a good book. The large, insulated 2-car detached garage includes a convenient garage door opener and offers plenty of storage for vehicles, tools, and toys, making it a perfect year-round workspace. Conveniently located close to Mill Pond and nearby trails, this home is perfect for outdoor enthusiasts or anyone looking for a peaceful setting. Whether you're searching for your starter home, retirement getaway, or a charming spot to add your personal touches, this Luther gem is waiting for you!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1940
  • Living Area: 1,209 SqFt

Listing Office:

  • Office Name: REMAX Central
  • Office Phone: (231) 920-1567
  • Listing Agent: Midge Nixon

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Water Heater
  • Interior: Solarium/Sun Room, Mud Room
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Deck, Porch, Vinyl

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Blacktop, Private, Detached

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.78 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Exit 162 off of US 131 South onto 14 Mile Road, turn right 9.9 miles onto E Old M 63, .2 miles left onto Birch Street, 350 ft right onto Luther Street, 150 ft to destination.

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,500
  • Price Per SqFt: $99/SqFt
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Housing Market Comparison

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

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Luther, MI

City

Med. Sold Price

$177.5K

Med. Price/SqFt

$117

Avg. Days On Market

30

# of Sold Homes

1

513 Luther St vs Luther

58 DAYS ON ROCKET

+28 Days

$119,500

-$58K Less

$99/SqFt

-$18 Less

KEY TAKEAWAY

This property is $58K less than the Median Sold Price and $18/SqFt less than other homes in Luther, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1927480

Listing Office:

  • Office Name: REMAX Central
  • Office Phone: (231) 920-1567
  • Listing Agent: Midge Nixon

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:20:52 PM 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 - $27,400
2020 - $27,200
2019 - $22,400
2018 - $23,900
2017 - $23,600

History based on county public records data.

Payment Calculator

$664

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$425

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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-305057
5
/10

  • Pine River Area Elementary School

  • 408 W Gilbert St

  • 11.25 miles

  • Public District Grades PK-3

school-card-donut-305058
2
/10

  • Baldwin Elementary School

  • 525 4th St

  • 13.55 miles

  • Public District Grades PK-5

school-card-donut-305059
7
/10

  • Forest View Elementary School

  • 7840 S 25 Mile Rd

  • 13.75 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 513 Luther St

What is the listing price of this property?

The listing price of 513 Luther St property is $119,500.

What type of property is this?

The property 513 Luther St is a house located in Luther, Michigan, 49656.

Is this property for sale now?

Active Listing: 513 Luther St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 513 Luther St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 513 Luther St is 1,209 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 513 Luther St is 1940.

Rocket Homes›Michigan›Lake County›Luther›49656›513 Luther St

This home is located at 513 Luther St in Luther, MI and zip code 49656. This 1,209 square foot home, which was built in 1940, sits on a 0.78 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $119,500.

In October 2024 more than 0 listings in Luther, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. Between September 2024 and October 2024, Luther, MI real estate market has seen increase in the number of listings by 5.3%. In October 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $177,500.

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

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