NOT LISTED FOR SALE

1011 N Rath Ave Ludington, MI 49431

Estimated Value: $195,000 - $239,000

2 Beds
2 Baths
954 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 15, 2016

Last sale price $83,575 $88 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,402/month

About This Home

As of February 2016

Charming, well maintained home with lots of potential and character!

Walking distance from waterfront Cartier Park, Ludington Sterns Park Beach, and downtown Ludington, and a short 5 minute drive to the beautiful Ludington State Park.

Home features:

2 car garage w/ workshop area

Furnace replaced in 2008

Yard features such as walnut trees, grapevines, rose of sharon bushes and wisteria throughout.

Dry, heated, large 4 room fully functional basement with 2nd bathroom that is not included in total square footage! Lots of space for a home based business/storage/living space!

Newly insulated and drywalled sunroom with beautiful views of evening sunsets complete with woodstove setup for wood heat!


Large eat-in Kitchen

upper level has many built in storage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2015
Closed on
Feb 15, 2016
Sold by
Varenhorst Matt and Varenhorst Melanie
Bought by
Sears Bruce A and Sears Lesa A
Seller's Agent
Jamie Loney
Five Star Real Estate - Ludington
Buyer's Agent
Kristine Wagner
CENTURY 21 Bayshore
List Price
$99,000
Sold Price
$83,575
Premium/Discount to List
-$15,425
-15.58%
Current Estimated Value
$225,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,780
Avg. Annual Appreciation
10.79%

Purchase Details

Closed on
Jul 10, 2009
Sold by
Olson Rhonda and Golvidis Linnette M
Bought by
Varenhorst Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.62%

Purchase Details

Closed on
Oct 24, 1989
Sold by
Stadler Laura L
Bought by
Olson Rhonda and Golvidis Linnette
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sears Bruce A -- Lighthouse Title Inc
Varenhorst Matt $75,000 Lighthouse Title
Olson Rhonda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varenhorst Matt $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2016 02/15/16 Sold $83,575 -15.6% $88 / Sq Ft View Prior Sale
12/11/2015 12/11/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $99,000 -- $104 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,532 $102,100 $102,100 $0
2024 -- $93,900 $93,900 $0
2023 -- $78,200 $78,200 $0
2022 -- $67,100 $0 $0
2021 -- $63,200 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamie Loney

    Seller's Agent in 2016

    Jamie Loney

    Five Star Real Estate - Ludington

    (231) 794-9740

    56 in this area

    114 Total Sales

    Jamie Loney
    Section Image

  • K

    Buyer's Agent in 2016

    Kristine Wagner

    CENTURY 21 Bayshore

See All Agents

Map

Michigan Mason County Ludington 49431

1011 N Rath Ave, Ludington, MI

This home is located at 1011 N Rath Ave, Ludington, MI 49431 and is currently estimated at $225,355, approximately $236 per square foot. 1011 N Rath Ave is a home located in Mason County with nearby schools including Ludington Elementary School, Lakeview Elementary School, and O.J. DeJonge Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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