NOT LISTED FOR SALE

203 E Melendy St Ludington, MI 49431

Estimated Value: $143,677 - $182,000

3 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold June 15, 2018

Last sale price $72,000

Est. 120% increase in value since last sale

Current estimated payment $1,018/month

38 Days on Market

About This Home

As of June 2018

2 Unit in downtown Ludington, close to Pere Marquette lake and the Badger! Current income is $975 a month. Tenants pay gas & electric, landlord pays water/sewer. Some updating has been down. both units. Blocks from Lake Michigan. Use one for your own enjoyment and collect rent to pay for the property. Great investment opportunity!Alley parking with nice cement pad for 2-3 cars. Full basement. Tenants will go with the property, on a one year lease. Downstairs been there since 2015, upstairs summer 2017. Information to be verified by buyer for accuracy.

Last Agent to Sell the Property

Lori Dickenson

LIGHTHOUSE REALTY-Ludington License #6501264017 Listed on: 04/09/2018

Last Buyer's Agent

David Moore

LIGHTHOUSE REALTY-Ludington License #6501143471

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,407 Sq Ft Lot
  • Lot Dimensions are 60x140

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

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: 60x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1954.25
  • Tax Info:Zoning3: R2A- 2 family
  • Waterfront Options:Water Access YN: No
  • 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
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 79900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

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

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8407.0
  • Zoning Description: R2A- 2 family
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1954.25
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2022
Sold by
Yoba Llc
Bought by
Moore David N
Current Estimated Value
$158,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,800
Outstanding Balance
$86,386
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$72,283

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 25, 2018
Sold by
Siegel Properties Inc
Bought by
Yoba Llc
Seller's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
David Moore
LIGHTHOUSE REALTY-Ludington
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jun 5, 2015
Sold by
Siegel Mark J and Siegel Carianne
Bought by
Siegel Properties Inc
Seller's Agent
Doug Shoup
Coolman-Anderson Realty, Inc.
Buyer's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
List Price
$54,900
Sold Price
$42,000
Premium/Discount to List
-$12,900
-23.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.06%

Purchase Details

Listed on
Mar 20, 2014
Closed on
May 15, 2015
Sold by
Keating Lillian F and The Lillian F Keating Living T
Bought by
Siegel Mark J and Siegel Carianne
Seller's Agent
Doug Shoup
Coolman-Anderson Realty, Inc.
Buyer's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
List Price
$54,900
Sold Price
$42,000
Premium/Discount to List
-$12,900
-23.5%

Purchase Details

Closed on
Sep 29, 1999
Sold by
Keating Donald and Keating Lillian
Bought by
Keating Lillian F Liv Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moore David N $113,500 None Listed On Document
Yoba Llc $72,000 --
Siegel Properties Inc -- None Available
Siegel Mark J -- None Available
Keating Lillian F Liv Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore David N $90,800
Closed Yoba Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2018 06/15/18 Sold $72,000 -9.9% --
05/17/2018 05/17/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $79,900 +90.2% --
05/15/2015 05/15/15 Sold $42,000 -23.5% -- View Prior Sale
04/13/2015 04/13/15 Pending -- -- --
03/20/2014 03/20/14 For Sale $54,900 -- --
Source: MichRIC

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 $2,411 $60,000 $60,000 $0
2024 -- $56,100 $56,100 $0
2023 -- $49,900 $49,900 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lori Dickenson

    LIGHTHOUSE REALTY-Ludington

    Section Image

  • D

    Buyer's Agent in 2018

    David Moore

    LIGHTHOUSE REALTY-Ludington

    (231) 852-4700

    6 in this area

    9 Total Sales

    David Moore
    Section Image

  • D

    Seller's Agent in 2015

    Doug Shoup

    Coolman-Anderson Realty, Inc.

See All Agents

Map

Source: MichRIC

MLS Number: 18013576

MichRIC

APN: 051-570-010-00

Michigan Mason County Ludington 49431

203 E Melendy St, Ludington, MI

Not Listed for Sale

MultiFamily

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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