NOT LISTED FOR SALE

108 E Danaher St Ludington, MI 49431

Estimated Value: $282,192 - $376,000

-- Bed
-- Bath
-- Sq Ft
8,400 Sq Ft Lot

Last Sold November 11, 2014

Last sale price $109,000

Est. 195% increase in value since last sale

Current estimated payment $2,027/month

109 Days on Market

Highlights

  • Forced Air Heating System
  • Lakeview Elementary School Rated A-
  • Wood Siding

About This Home

As of November 2014

Great 3 unit apartment building (4 bedrooms total)Generous rents. close to town, marina and police station.

Last Agent to Sell the Property

Debbie Reed

GREENRIDGE Realty Ludington License #6501237621 Listed on: 06/23/2014

Last Buyer's Agent

Tim Gibson

LIGHTHOUSE REALTY-Ludington License #6501351796

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,003

Year Built

  • Built in 1900

Lot Details

  • 8,400 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, water, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,003

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 125000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8400.0

Rental Info

  • Tenant Pays: Electricity, Water, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1003.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2014
Closed on
Nov 11, 2014
Sold by
S Nelsons Apartments Llc
Bought by
Schiebner James and Schiebner Mary A
Seller's Agent
Debbie Reed
GREENRIDGE Realty Ludington
Buyer's Agent
Tim Gibson
LIGHTHOUSE REALTY-Ludington
List Price
$125,000
Sold Price
$109,000
Premium/Discount to List
-$16,000
-12.8%
Current Estimated Value
$321,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,548
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Apr 2, 2002
Sold by
Nelson Donald B and Nelson Sharen K
Bought by
Nelson'S Apartments Llc

Purchase Details

Closed on
Sep 1, 1992
Source: Public Records

Range of Values:

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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
Schiebner James -- Lighthouse Title Inc
Nelson'S Apartments Llc -- --
-- $22,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2014 11/11/14 Sold $109,000 -12.8% --
10/10/2014 10/10/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $125,000 -- --
Source: MichRIC

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 $4,117 $147,900 $147,900 $0
2024 -- $132,000 $132,000 $0
2023 -- $96,700 $96,700 $0
2022 -- $82,300 $0 $0
2021 -- $77,600 $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

  • D

    Seller's Agent in 2014

    Debbie Reed

    GREENRIDGE Realty Ludington

    Section Image
  • Tim Gibson

    Buyer's Agent in 2014

    Tim Gibson

    LIGHTHOUSE REALTY-Ludington

    (231) 233-7327

    21 in this area

    73 Total Sales

    Tim Gibson
    Section Image
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Map

Source: MichRIC

MLS Number: 14035473

MichRIC

APN: 051-571-005-00

Michigan Mason County Ludington 49431

108 E Danaher St, Ludington, MI

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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