NOT LISTED FOR SALE

208 E Foster St Ludington, MI 49431

Estimated Value: $249,000 - $305,000

5 Beds
2 Baths
-- Sq Ft
8,400 Sq Ft Lot

Last Sold December 19, 2017

Last sale price $140,000

Est. 96% increase in value since last sale

Current estimated payment $1,819/month

237 Days on Market

Highlights

  • Forced Air Heating System
  • 2 Car Garage
  • Level Lot
  • Lakeview Elementary School Rated A-

About This Home

As of December 2017

Investment Opportunity. This 4 bedroom 2 unit is currently grossing $2000 per month. Both units are in great shape and have been well taken care of. Great location just 2 blocks from downtown Ludington. The first floor unit gets access to the basement, back yard, and garage. Unit 2, upstairs, does have off street parking next to the garage. Tenants currently pay $1000 per unit utilities included.

Last Agent to Sell the Property

Random Messeder

LIGHTHOUSE REALTY-Ludington License #6501380117 Listed on: 03/16/2017

Last Buyer's Agent

Random Messeder

LIGHTHOUSE REALTY-Ludington License #6501380117 Listed on: 03/16/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60 x 140
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Vinyl 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

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • 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: 4100.0
  • 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
  • Lot Description:Level: 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
  • Utilities Attached:Telephone Line: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 144900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

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

Lot Info

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

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4100.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Dec 19, 2017
Sold by
Schierholt Mary E and Mary E Schierholt Revocable Li
Bought by
Romas Richard A
Seller's Agent
Random Messeder
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Random Messeder
LIGHTHOUSE REALTY-Ludington
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%
Current Estimated Value
$274,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,047
Avg. Annual Appreciation
8.92%
Original Mortgage
$126,000
Outstanding Balance
$106,026
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$168,021

Purchase Details

Closed on
May 22, 2008
Sold by
Hatch Barbara A
Bought by
Schierholt Mary E and Mary E Schierholt Revocable Li

Purchase Details

Closed on
Mar 12, 2003
Sold by
Schierholt Mary E Rev Living Tr
Bought by
Wrege Eric

Purchase Details

Closed on
Jan 17, 2003
Sold by
Schierholt Mary E
Bought by
Schierholt Mary E Rev Living Tr

Purchase Details

Closed on
Aug 8, 2000
Sold by
Case Donald and Case Helen
Bought by
Schierholt Mary E Trust

Purchase Details

Closed on
Mar 22, 2000
Sold by
Schubert Jewell E
Bought by
Case Donald and Case Helen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Romas Richard A $140,000 Lighthouse Title
Schierholt Mary E -- None Available
Wrege Eric $200,000 --
Schierholt Mary E Rev Living Tr -- --
Schierholt Mary E Trust $70,000 --
Case Donald $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romas Richard A $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2017 12/19/17 Sold $140,000 -6.0% --
11/08/2017 11/08/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $149,000 -- --
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 $4,580 $135,600 $135,600 $0
2024 -- $124,600 $124,600 $0
2023 -- $113,000 $113,000 $0
2022 -- $102,000 $0 $0
2021 -- $95,900 $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

  • R

    Seller's Agent in 2017

    Random Messeder

    LIGHTHOUSE REALTY-Ludington

    (231) 425-8753

    48 in this area

    140 Total Sales

    Random Messeder
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 17010640

MichRIC

APN: 051-561-002-00

Michigan Mason County Ludington 49431

208 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 2025 MichRIC, LLC. All rights reserved.

Nearby Homes