$315,000
SOLD FEB 13, 2025

209 N William St Ludington, MI 49431

-- Bed
-- Bath
-- Sq Ft
8,400 Sq Ft Lot

Recently Sold

9% Below List Price

21 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot: Yes
  • 3-minute walk to Ludington City Park
  • Lakeview Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of February 2025

AN AMAZING LUDINGTON LOCATION! - This 3 unit is in close distance to Stearns Park/Lake Michigan, dining and shopping. The main unit was owner occupied and is now vacant. The 2 upper units have been rented to the same tenants for 7 & 15 years. Excellent condition. Tall ceilings in the main unit, beautiful wrap around porch and attached garage. New water main to street, underground sprinkling and newer roof on the home and garage. What a wonderful opportunity to live in the main unit while receiving income from the upper units.

Last Agent to Sell the Property

Jackie Makowicki

Five Star Real Estate - Ludington License #6502105737 Listed on: 12/15/2024

Five Star Real Estate - Ludington

Last Buyer's Agent

Jamie Loney

Five Star Real Estate - Ludington License #6501386374

Five Star Real Estate - Ludington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 1903

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60 x 140
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,917

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1903
  • 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: 2917.0
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Laundry Features Main Level: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 348000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 60 x 140
  • Lot Size Sq Ft: 8400.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2917.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2024
Closed on
Feb 13, 2025
Sold by
Sherlock Barry and Sherlock Thomas
Bought by
Dunlevy Ellen
Seller's Agent
Jackie Makowicki
Five Star Real Estate - Ludington
Buyer's Agent
Jamie Loney
Five Star Real Estate - Ludington
List Price
$348,000
Sold Price
$315,000
Premium/Discount to List
-$33,000
-9.48%
Views
57
Current Estimated Value
$316,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,066
Avg. Annual Appreciation
10.87%
Original Mortgage
$252,000
Outstanding Balance
$250,963
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$80,375

Purchase Details

Closed on
Sep 1, 2022
Sold by
Sherlock Jr William L and Sherlock Mary
Bought by
Sherlock William L and Sherlock William L
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $315,000 Star Title Agency
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 New Conventional
Previous Owner $30,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $45,000 No Value Available
Previous Owner $17,324 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $315,000 -9.5% --
12/15/2024 12/15/24 For Sale $348,000 -- --
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 $2,453 $93,000 $93,000 $0
2024 -- $82,400 $82,400 $0
2023 -- $68,600 $68,600 $0
2022 -- $57,600 $0 $0
2021 -- $54,500 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24063015

Southwestern Michigan Association of REALTORS®

APN: 051-105-145-00