NOT LISTED FOR SALE

302 N Rowe St Ludington, MI 49431

Estimated Value: $97,290 - $235,000

-- Bed
-- Bath
-- Sq Ft
5,445 Sq Ft Lot

Last Sold March 20, 2020

Last sale price $25,000

Est. 667% increase in value since last sale

Current estimated payment $1,115/month

3 Days on Market

About This Home

As of March 2020

Looking for a summer project with lots of income potential. This rare opportunity is ready for a do it yourselfer! A 3 unit that is ready for you to take it over and make it profitable. The windows and roof have been redone. One unit has the kitchen cabinets already bought and it gutted to the shell. The front unit had a fire in the kitchen so it needs everything. Upper unit is a 2 bedroom and currently being rented for $450 a month. This property has seperate gas and electric meters. It is priced because it needs alot of work but the income potential is great as well as location. It will need a cash buyer! Take a look at the bottom 2 units prior to setting appointment for upper. If you like the bottom you will love upper! Photos of 2 1 bedrooms and not the upper unit

Last Agent to Sell the Property

Lori Dickenson

LIGHTHOUSE REALTY-Ludington License #6501264017 Listed on: 02/28/2020

Last Buyer's Agent

Lori Dickenson

CENTURY 21 Bayshore

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1890

Lot Details

  • 5,445

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof

Utilities

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

Additional Features

  • Crawl Space
  • 5,445 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 35000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5445.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1373.03
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Mar 20, 2020
Sold by
Holleman Garrett
Bought by
Riemer Real Estate Invs
Seller's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
List Price
$35,000
Sold Price
$25,000
Premium/Discount to List
-$10,000
-28.57%
Current Estimated Value
$191,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,823
Avg. Annual Appreciation
45.14%

Purchase Details

Closed on
Jun 1, 1984
Source: Public Records

Range of Values:

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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
Riemer Real Estate Invs $25,000 None Available
-- $39,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $25,000 -28.6% --
03/02/2020 03/02/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $35,000 -- --
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 $934 $17,500 $17,500 $0
2024 -- $15,700 $15,700 $0
2023 -- $16,000 $16,000 $0
2022 -- $14,900 $0 $0
2021 -- $14,700 $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

  • L

    Seller's Agent in 2020

    Lori Dickenson

    LIGHTHOUSE REALTY-Ludington

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20007471

Southwestern Michigan Association of REALTORS®

APN: 051-225-009-50

Michigan Mason County Ludington 49431

302 N Rowe St, Ludington, MI

This home is located at 302 N Rowe St, Ludington, MI 49431 since 28 February 2020 and is currently estimated at $191,823. This property was built in 1890. 302 N Rowe St is a home located in Mason County with nearby schools including Ludington Elementary School, Franklin Elementary School, and O.J. DeJonge Middle School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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