$47,500
SOLD MAY 20, 2014

218 E Melendy St Ludington, MI 49431

4 Beds
2.5 Baths
2,288 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

47% Below List Price

292 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Forced Air Heating System
  • Lakeview Elementary School Rated A-
  • Shed
  • Gas Log Fireplace

About This Home

As of August 2014

Minor damage with a toilet leaking caused the seller to drastically reduce the price to get rid of it. The carpet was removed from the family room , small ceiling demage area and some plumbing. Seller will consider doing those repairs only with a satifactory cash or convential buyer only. Seller will not do USDA, MISDA, FHA, VA, etc financing types. Lots of room in this newer home located in the city of Ludington. With a nice size back yard, full basement ready to be finished off, 4 bedrooms, 2.5 baths, fireplace and laundry upstairs. This is priced to sell and should go fast. Agent believes it is a modular home and not a manufactured, buyer to check all information to be accurate. Buyer is responsible for owner's title insurance. Listing office agents read private remarks

Last Agent to Sell the Property

Lori Dickenson

LIGHTHOUSE REALTY-Ludington License #6501264017 Listed on: 07/12/2013

Last Buyer's Agent

Stan Willson

LIGHTHOUSE REALTY-Ludington License #6504231205

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Property is zoned R2A, R2A

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Dining Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2001
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 60x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2288.0
  • Tax Info:Annual Property Tax: 3449.0
  • Tax Info:Zoning3: R2A
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 2288.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Fireplace Features: Formal Dining, Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2288.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1144.0
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Formal Dining: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 49900.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 60x140
  • Lot Size Sq Ft: 8276.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3449.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2014
Closed on
Aug 21, 2014
Sold by
Willson Stanley E and Willson Laurie A
Bought by
Kimbrel Joseph L
Seller's Agent
Stan Willson
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Peri Lundberg
CENTURY 21 Bayshore
List Price
$82,500
Sold Price
$79,500
Premium/Discount to List
-$3,000
-3.64%
Current Estimated Value
$287,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,352
Avg. Annual Appreciation
12.48%
Original Mortgage
$67,500
Outstanding Balance
$24,331
Interest Rate
4.1%
Estimated Equity
$263,521

Purchase Details

Listed on
Jul 12, 2013
Closed on
May 20, 2014
Sold by
Taylor Bean & Whitaker Mortgage Corp
Bought by
Willson Stanley E and Willson Laurie A
Seller's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Stan Willson
LIGHTHOUSE REALTY-Ludington
List Price
$89,900
Sold Price
$47,500
Premium/Discount to List
-$42,400
-47.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
624.91%

Purchase Details

Closed on
Apr 18, 2013
Sold by
Ballinger David and Ballinger Mary
Bought by
Taylor Bean & Whitaker Mortgage Corp

Purchase Details

Closed on
Jan 29, 2007
Sold by
Members Credit Union
Bought by
Ballinger David A and Ballinger Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,223
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 1996
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 -- None Available
Special Warranty Deed $47,500 Continental Title Agency Llc
Sheriffs Deed $76,000 None Available
Warranty Deed $115,000 None Available
Warranty Deed $27,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $67,500 No Value Available
Previous Owner $133,223 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $79,500 -3.6% $36 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $82,500 +73.7% $38 / Sq Ft
05/20/2014 05/20/14 Sold $47,500 -47.2% $21 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
07/12/2013 07/12/13 For Sale $89,900 -- $39 / Sq Ft
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
2024 -- $123,600 $123,600 $0
2023 -- $102,700 $102,700 $0
2022 -- $83,300 $0 $0
2021 -- $75,000 $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: 13041125

Southwestern Michigan Association of REALTORS®

APN: 051-576-003-00