NOT LISTED FOR SALE

206 E Foster St Ludington, MI 49431

Estimated Value: $173,000 - $229,505

4 Beds
2 Baths
-- Sq Ft
6,302 Sq Ft Lot Lot

Sale Details

Date Sold: September 24, 2024

Last sale price $235,000

Est. 9% decrease in value since last sale

Current estimated payment $1,353 / mo

30 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • 3 Car Garage
  • Lakeview Elementary School Rated A-

About This Home

As of September 2024

Location! Location! This charming 2-unit ''Cleveland Double'' style home is located just 1 block from Downtown Ludington. Enjoy a leisurely walk to the beautiful Stearns Park Beach during the day and retreat to your peaceful haven at night, or take a pleasant stroll into downtown Ludington for a night out. This property offers incredible potential as a rental or vacation home. The two-bedroom upstairs unit with a small office that is being used as a third bedroom, is currently rented long-term. Main level unit is currently rented month-to-month. Solid rental history for both units. This home was built in 1910 as an intentional duplex, not a single family home converted to two units. New upstairs furnace in 2021, new plumbing in 2021, new garage roof, windows & doors 2021.

Last Agent to Sell the Property

Monty Ashton

LIGHTHOUSE REALTY-Ludington License #6501411098 Listed on: 07/16/2024

Last Buyer's Agent

Diana Kovalcik

GREENRIDGE Realty Ludington License #6506043981

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1910

Lot Details

  • 6,302 Sq Ft Lot
  • Lot Dimensions are 40x140

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 3 Car Garage
  • Driveway

Location

  • Mineral Rights Excluded

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,623

Year Built

Built in 1910

Lot Details

6,302 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • 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
  • Heat Source:Natural Gas3: Yes
  • Mineral Rights:No: Yes
  • Heat Type:Baseboard: Yes
  • Extras:Sep Gas Meter: Yes
  • Laundry Features In Basement: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 249900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Heating: Baseboard, Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Utilities: Phone Available, Cable Available, Natural Gas Connected, Cable Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 40x140
  • Lot Size Sq Ft: 6302.0

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2622.68
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Sep 24, 2024
Sold by
Ashton Fremont J and Ashton Margaret G
Bought by
Sheppardson Laura
Seller's Agent
Monty Ashton
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Diana Kovalcik
GREENRIDGE Realty Ludington
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Views
48
Current Estimated Value
$213,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,874
Avg. Annual Appreciation
-6.07%
Original Mortgage
$176,200
Outstanding Balance
$174,368
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$38,758

Purchase Details

Listed on
Jun 30, 2011
Closed on
Sep 7, 2012
Sold by
Johnson Martha and Wrege Ronald
Bought by
Ashton Fremont J and Ashton Margaert G
Seller's Agent
Doug Shoup
Coolman-Anderson Realty, Inc.
Buyer's Agent
Rick Randall
LIGHTHOUSE REALTY-Ludington
List Price
$57,500
Sold Price
$49,000
Premium/Discount to List
-$8,500
-14.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$39,000
Interest Rate
3.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sheppardson Laura $235,000 Lakeshore Land Title
Ashton Fremont J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppardson Laura $176,200
Previous Owner Ashton Fremont J $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2024 09/24/24 Sold $235,000 -6.0% --
07/16/2024 07/16/24 For Sale $249,900 +410.0% --
09/07/2012 09/07/12 Sold $49,000 -14.8% -- View Prior Sale
09/04/2012 09/04/12 Pending -- -- --
06/30/2011 06/30/11 For Sale $57,500 -- --
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 $2,754 $71,700 $71,700 $0
2024 -- $66,200 $66,200 $0
2023 -- $59,600 $59,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Monty Ashton

    Seller's Agent in 2024

    Monty Ashton

    LIGHTHOUSE REALTY-Ludington

    (231) 907-7790

    20 in this area

    37 Total Sales

    Monty Ashton
    Section Image
  • Diana Kovalcik

    Buyer's Agent in 2024

    Diana Kovalcik

    GREENRIDGE Realty Ludington

    (231) 690-5545

    60 in this area

    180 Total Sales

    Diana Kovalcik
    Section Image

  • D

    Seller's Agent in 2012

    Doug Shoup

    Coolman-Anderson Realty, Inc.

  • R

    Buyer's Agent in 2012

    Rick Randall

    LIGHTHOUSE REALTY-Ludington

    (231) 845-7500

    10 in this area

    15 Total Sales

    Rick Randall
    Section Image
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Map

Source: MichRIC

MLS Number: 24036412

MichRIC

APN: 051-561-003-50

Michigan Mason County Ludington 49431

206 E Foster St, Ludington, MI

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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