Sold
Last Sold Price
2 beds1,400 sqft$50/sqft
2543 South Sherman Road, Applegate, MI 48401
Single FamilyProperty Type
8,712 sq ftLot Size
1970Year Built
$50/sq ftPrice per sq ft

Description

Residential/Commercial Space for sale used to be an established bank location in the village of Applegate. Currently has a 24 x 30 Lobby/Common Area , 10 x 8 entry way, two 12x12 offices/bedrooms, half bathroom , and a walk-in large safe. Nice parking space on the exterior with a drive through window. Currently there are 11 designated parking spaces. Building is in move in condition located on paved road. Must see to appreciate . This could be a fantastic Commecial location and or a potential 3 bedroom...Residential/Commercial Space for sale used to be an established bank location in the village of Applegate. Currently has a 24 x 30 Lobby/Common Area , 10 x 8 entry way, two 12x12 offices/bedrooms, half bathroom , and a walk-in large safe. Nice parking space on the exterior with a drive through window. Currently there are 11 designated parking spaces. Building is in move in condition located on paved road. Must see to appreciate . This could be a fantastic Commecial location and or a potential 3 bedroom ranch home located on a corner lot.
  • Listed by: Michael P Sheridan 810.359.7000 msheridan@sheridanagency.com Brokerage DRE #6503296210 • Sheridan Real Estate LLC
Listing closed: 08/30/2025 12:00 AM • Source: Realcomp, MLS#: 20251023760

Recent comparable sales

Median sold price

$182,500

Avg days on market

69

Sale-to-list ratio

87.2%

Applegate, MI

9 comparable properties found

$70,000 | 2543 Sherman Street, Applegate, MI 48401
1/16
1

$70,000

Sold 08/30/25

2
Bedrooms
1,400
Square Feet
0.2
Acres
$110,000 | 1840 Old M51 Road, Applegate, MI 48401
1/7
2

$110,000

Sold 10/29/25

2
Bedrooms
1,164
Square Feet
11.99
Acres
$360,000 | 2230 South Loree Road, Applegate, MI 48401
1/29
3

$360,000

Sold 04/23/25

2
Bedrooms
1,560
Square Feet
10
Acres
$257,500 | 4590 Main Street, Applegate, MI 48401
1/31
4

$257,500

Sold 03/26/26

3
Bedrooms
1,444
Square Feet
1.25
Acres
$89,000 | 2400 Sherman Street, Applegate, MI 48401
1/5
5

$89,000

Sold 06/27/25

4
Bedrooms
1,156
Square Feet
0.31
Acres
$375,000 | 16935 Lake Arthur Road, Applegate, CA 95703
6

$375,000

Sold 02/02/26

2
Bedrooms
1,164
Square Feet
0.39
Acres
$55,000 | 2220 Church Road, Applegate, MI 48401
1/8
7

$55,000

Sold 02/20/26

3
Bedrooms
1,791
Square Feet
3.43
Acres
$182,500 | 2630 Lakeshore Road, Applegate, MI 48401
1/40
8

$182,500

Sold 11/15/24

2
Bedrooms
1,100
Square Feet
3.61
Acres
$305,000 | 4543 Main Street, Applegate, MI 48401
1/54
9

$305,000

Sold 07/11/25

3
Bedrooms
2,100
Square Feet
13.8
Acres

Location

Listing Courtesy of Sheridan Real Estate LLC

Sold By Sheridan Real Estate LLC

Add your commute

Payment Calculator

$488 per month

30 year fixed, 6.55% Interest

Principal and Interest

$356

Property Taxes

$132

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2543 South Sherman Road

Property Details
  • Taxes: $1,583 / year
  • MLS Type: Residential / Single Family Residence
  • Subdivision Name: ORIGINAL PLAT OF APPLEGATE
  • Architectural Style: Ranch
  • Waterfront: No
  • Senior Community: No
Building Information
  • Year Built: 1970
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • Directions: bank located just off Applegate rd & Sherman corner to South located on East side of road
  • Latitude: 43.35465
  • Longitude: -82.63713
  • Cross Street: Sherman/Applegate
  • MLS Area Major: Area76173Applegate Vlg
Taxes and HOA
  • Parcel Number: 23220000400600
  • Tax Amount Summer: $680.00
  • Tax Amount Winter: $903.00
  • Tax Annual Amount: $1,583.00
  • Tax Assessed Value: $43,000.00
  • Tax Legal Description: ORIGINAL PLAT OF APPLEGATE LOT 6, BLK 4
  • Association: No
School Information
  • High School District: Croswell Lexington
Parking
  • Attached Garage: No
  • Garage: No
  • Parking Features: No Garage
Property
Lot Information
  • Lot Size Acres: 0.2
  • Lot Size Dimensions: 84 x 117
  • Lot Size Units: Acres
  • Road Frontage Feet: 117
  • Road Frontage Type: Paved
Property and Assessments
  • State Equalized Value: 43000.0
  • Living Area: 1400.0
  • Above Grade Finished Area: 1400.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential
  • Living Area Source: Estimated
  • New Construction: No
  • Year Built: 1970
Building Features
  • Accessibility Features: Accessible Entrance
  • Construction Materials: Brick
  • Entry Location: Ground Level
  • Foundation Details: Slab
  • Levels: One
Utilities
  • Sewer: Septic Tank
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 1.0
  • Has Basement: No
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Cooling: Central Air
  • Has Cooling: Yes
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Rooms Total: 3
Room Information
Room 1
  • Room Dimensions: 12 X 12
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Level: Entry
  • Room Type: Bedroom
Room 2
  • Room Dimensions: 12 X 12
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Level: Entry
  • Room Type: Bedroom
Room 3
  • Room Dimensions: 30 X 24
  • Room Length: 30.0
  • Room Width: 24.0
  • Room Level: Entry
  • Room Type: Family Room
Room 4
  • Room Level: Entry
  • Room Type: Bath Full
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Existing Lease: No

Property History for 2543 South Sherman Road

DateEvent & SourcePriceAppreciation
Aug 30, 2025

Sold

Realcomp #20251023760

$70,000
Aug 14, 2025

Contract Signed

Realcomp #20251023760

Aug 4, 2025

Listed (Active)

Realcomp #20251023760

$109,900
DateEvent & SourcePrice
08/30/2025

Sold

Realcomp #20251023760

$70,000
08/14/2025

Contract Signed

Realcomp #20251023760

08/04/2025

Listed (Active)

Realcomp #20251023760

$109,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2543 South Sherman Road

Taxable ValueLand-Additions-Total-
Tax Record2020$1,354 ($113 / month)
Home Facts
Lot Size8,712 SqFtStyleMiscellaneous CommercialCountySANILACAPN232-200-004-006-00

Schools near 2543 South Sherman Road

This home is within Croswell-Lexington Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Frostick School
PublicPK to 4

Pioneer High School
Public6 to 12

Croswell-Lexington High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2543 South Sherman Road, Applegate, MI 48401
$70,000
2
1,400
8,712
16,553
$70,000
2
1,400
8,712
$126,000
1,306,800
$126,000
1,306,800

Explore Nearby Homes

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Listing Courtesy of Sheridan Real Estate LLC

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 07/07/2026 01:32 AM PST