NOT LISTED FOR SALE

130 2nd St Ludington, MI 49431

Estimated Value: $220,782 - $258,000

-- Bed
-- Bath
-- Sq Ft
7,000 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $185,500

Est. 32% increase in value since last sale

Current estimated payment $1,600/month

5 Days on Market

Highlights

  • Waterfront
  • Space Heater
  • 2-minute walk to Copeyon Park
  • Lakeview Elementary School Rated A-
  • High Speed Internet

About This Home

As of August 2021

Continually maintained 4 unit apartment building just half a block from Pere Marquette Lake at Peter Copeyon Park. Enjoy a lake view from the front deck! All 4 units updated including replacement windows throughout. Stoves and refrigerators replaced in last 5 years. 5 storage spaces- tenants pay extra $10 a month to rent one. Huge corner yard goes to alley in back. Low maintenance vinyl siding, fire pit, hardwood floors and newer mini blinds. All units have separate utility meters, however currently landlord includes utilities for apts 1, 2 & 4 in the rent. Apt 3 pays own utilities. Units have individual water heaters. Landlord pays house water. Tenants mow yard and shovel snow with equipment provided by owner. Back alley access makes additional off street parking possible. A good one!

Last Agent to Sell the Property

Marjorie Zaccanelli

RE/MAX Bayshore Manistee License #6501171623 Listed on: 08/12/2021

RE/MAX Bayshore Manistee

Last Buyer's Agent

Nonmember Agent

Non Member

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,484

Year Built

  • Built in 1900

Lot Details

  • 7,000 Sq Ft Lot
  • Waterfront

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Space Heater
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,484

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 179900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Water Body Name: Pere Marquette Lake
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Heating: Space Heater
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7000.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2484.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Aug 31, 2021
Sold by
Fritton Jason
Bought by
Validation Capital Llc
Seller's Agent
Marjorie Zaccanelli
RE/MAX Bayshore Manistee
Buyer's Agent
Nonmember Agent
Non Member
List Price
$179,900
Sold Price
$185,500
Premium/Discount to List
$5,600
3.11%
Current Estimated Value
$244,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,946
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
May 13, 2005
Sold by
Sandretto Danny M and Sandretto Rebecca J
Bought by
Nettleman Robert H and Nettleman Maribeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,050
Interest Rate
6.05%

Purchase Details

Closed on
Apr 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
Validation Capital Llc -- None Available
Fritton Jason $185,500 None Available
Nettleman Robert H $84,500 None Available
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nettleman Robert H $76,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $185,500 +3.1% --
08/17/2021 08/17/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $179,900 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $3,642 $74,700 $74,700 $0
2024 -- $75,900 $75,900 $0
2023 -- $65,100 $65,100 $0
2022 -- $55,500 $0 $0
2021 $3,271 $52,500 $0 $0
2020 $3,271 $49,200 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21100037

Southwestern Michigan Association of REALTORS®

APN: 051-414-001-00