NOT LISTED FOR SALE

Estimated Value: $231,000 - $359,000

-- Beds
2 Baths
-- Sq Ft
8,407 Sq Ft Lot

Sale Details

Date Sold: May 1, 2018

Last sale price $117,000

Est. 131% increase in value since last sale

Current estimated payment $1,499 / mo

18 Days on Market

Highlights

  • Forced Air Heating System
  • Hot Water Heating System
  • Wood Siding

About This Home

As of May 2018

2 Unit in the City of Ludington. $1,650 potential monthly income. Great location just a block away from the Harbor View Marina, playground & beautiful downtown Ludington. So many possibilities. Keep it as rental unit, live downstairs & rent the upstairs. With a little updating, this would make a spacious 6 bedroom, 2 1/2 bath home with views of the Car Ferry out your back window. Two story, 2 porches, 2 car detached garage & full basement.
Close to the Stearns Beach, Ludington State Park & minutes to the Ludington Walking Loop by the Ludington Lighthouse. What are you waiting for? This property won't last long.

Last Agent to Sell the Property

Pamela Buck

Five Star RE Ludington License #6501381409 Listed on: 02/26/2018

Five Star RE Ludington

Last Buyer's Agent

Debbie Reed

GREENRIDGE Realty Ludington License #6501237621

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,010

Year Built

  • Built in 1900

Lot Details

  • 8,407 Sq Ft Lot
  • Lot Dimensions are 60 x 140

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,010

Year Built

Built in 1900

Lot Details

8,407 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60 x 140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2010.0
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Heat Type:Hot Water: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 126900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Natural Gas, Hot Water, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Telephone Line

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8407.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2010.0
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Gerber and Tammy
Bought by
Current Estimated Value
$270,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$181,850
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$88,525

Purchase Details

Listed on
Feb 26, 2018
Closed on
May 2, 2018
Sold by
Lamarr A Green Ret
Bought by
Gerber Jason M and Gerber Tammy L
Seller's Agent
Pamela Buck
Five Star RE Ludington
Buyer's Agent
Debbie Reed
GREENRIDGE Realty Ludington
List Price
$126,900
Sold Price
$117,000
Premium/Discount to List
-$9,900
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Dec 13, 2017
Sold by
Green Lamarr A
Bought by
Livin Green Lamarr A and Livin Lamarr A Green Revocable

Purchase Details

Closed on
Jun 28, 1999
Sold by
Schneller Lee Ann
Bought by
Green Lamarr A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ludington, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Gerber Jason M $117,000 --
Livin Green Lamarr A -- None Available
Green Lamarr A $67,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $117,000 -7.8% --
03/16/2018 03/16/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $126,900 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $171 $106,300 $106,300 $0
2025 $2,240 $102,500 $102,500 $0
2024 -- $101,600 $101,600 $0
2023 -- $69,600 $69,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18006785

MichRIC

APN: 051-571-004-00

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