4 months on rocket

5274 N State Rd, Luther, MI, 49656

$680,000

Home List Price

$8,075*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,900 SqFt
$358/SqFt
House

Location

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5274 N State Rd, Luther$680,000

Buyer Closing Credits

$8,075*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached
Attached GarageYes
Year Built1900
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #72024033307
Lot Size80.00 Acres
StatusActive

About 5274 N State Rd

Paradise exists in Northern Michigan, and it could be yours. Imagine, you are sitting in the hut tub on the back deck, glass of wine in hand, looking out over 80 acres waiting for you to farm its fields, hunt its thick woods, or fish in its private lake, or one of it's two ponds. Maybe you could tinker in the heated workshop, or play table games in the lofted recreation room. The enormous Michigan Barn is full of your favorite critters and cattle, and ATV's and snowmobiles are waiting inside the generous storage areas and outbuildings. Inside, this cozy farmhouse has been tastefully maintained and updated, and the main floor master bedroom suite, attached two garage, and new hardwood cabinets are just a few features you are sure to appreciate. A nearby farmer works50 acres of rich soil, and the rent covers your taxes and more. Numerous trails and dual road frontage offers you a plethora of options and opportunities. Don't wait. Come and see for yourself!

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,900 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available, Laundry Facility

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot Size: 80.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 131 North to Exit 162, West onto Old M-63 to Luther, follow through the town of Luther, continue passed intersection at 5 Mile to property on the East side of the Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $680,000
  • Price Per SqFt: $358/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

5274 N State Rd vs Luther

145 DAYS ON ROCKET

+115 Days

$680,000

+$502.5K More

$358/SqFt

+$241 More

KEY TAKEAWAY

This property is $502.5K more than the Median Sold Price and $241/SqFt more than other homes in Luther, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: West Central Association of REALTORS®
  • MLS Number: #72024033307

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: 11/21/2024, 6:20:52 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 - $127,900
2020 - $116,300
2019 - $113,000
2018 - $102,400
2017 - $107,200

History based on county public records data.

Payment Calculator

$3,461

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,105

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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-392147
5
/10

  • Pine River Area Elementary School

  • 408 W Gilbert St

  • 11.29 miles

  • Public District Grades PK-3

school-card-donut-392148
7
/10

  • Forest View Elementary School

  • 7840 S 25 Mile Rd

  • 12.16 miles

  • Public District Grades PK-5

school-card-donut-392149
2
/10

  • Baldwin Elementary School

  • 525 4th St

  • 14.96 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. Residents of Luther, MI typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5274 N State Rd

What is the listing price of this property?

The listing price of 5274 N State Rd property is $680,000.

What type of property is this?

The property 5274 N State Rd is a house located in Luther, Michigan, 49656.

Is this property for sale now?

Active Listing: 5274 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 5274 N State Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5274 N State Rd is 1,900 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5274 N State Rd is 1900.

Rocket Homes›Michigan›Lake County›Luther›49656›5274 N State Rd

This home is located at 5274 N State Rd in Luther, MI and zip code 49656. This 1,900 square foot home, which was built in 1900, sits on a 80.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 29, 2024 and is currently priced at $680,000.

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%. Listings spent 30 days on the market in October 2024, and had a median list price of $177,500 during the same period.

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

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