NOT LISTED FOR SALE

306 E Loomis St Ludington, MI 49431

Estimated Value: $267,000 - $394,000

4 Beds
3 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold September 04, 2020

Last sale price $89,100

Est. 289% increase in value since last sale

Current estimated payment $2,478/month

3 Days on Market

About This Home

As of September 2020

Opportunity for investor in Ludington! 2 unit property located behind the court house, just a block away from Ludington Ave and has great income potential. Upper and lower units are both 2 bedrooms, 1 bath. Spacious rooms, new water heater and prime location! Upper unit is vacant, lower unit is rented on a month to month lease. Subject to tenant's rights.

Last Agent to Sell the Property

Diane Griffin

Keller Williams GR North License #6502361836 Listed on: 08/13/2020

Keller Williams GR North

Last Buyer's Agent

Marla Zatarga

Five Star Real Estate - Ludington License #6501417351

Five Star Real Estate - Ludington

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 8,320 Sq Ft Lot

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

8,320 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 55000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Utilities

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

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8320.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2497.12
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2024
Sold by
Curtis Bruce M and Curtis Laura
Bought by
Curtis Bruce M and Curtis Laura
Current Estimated Value
$346,563

Purchase Details

Closed on
Oct 18, 2023
Sold by
Thompson Jeremy
Bought by
Curtis Bruce M and Curtis Laura

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 3, 2020
Sold by
Stob Andrew
Bought by
Thompson Jeremy
Seller's Agent
Diane Griffin
Keller Williams GR North
Buyer's Agent
Marla Zatarga
Five Star Real Estate - Ludington
List Price
$55,000
Sold Price
$89,100
Premium/Discount to List
$34,100
62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.84%

Purchase Details

Listed on
Feb 28, 2020
Closed on
Mar 20, 2020
Sold by
West Shore Ent
Bought by
Stob Andrew
Seller's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
List Price
$45,000
Sold Price
$38,000
Premium/Discount to List
-$7,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
537.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Curtis Bruce M -- None Listed On Document
Curtis Bruce M $365,000 Star Title Agency
Thompson Jeremy $89,100 None Available
Stob Andrew $38,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2020 09/04/20 Sold $89,100 +62.0% --
08/16/2020 08/16/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $55,000 +44.7% --
03/20/2020 03/20/20 Sold $38,000 -15.6% -- View Prior Sale
02/29/2020 02/29/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $45,000 -- --
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 $8,101 $152,700 $152,700 $0
2024 -- $136,100 $136,100 $0
2023 -- $54,900 $54,900 $0
2021 $7 $47,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20032828

MichRIC

APN: 051-508-003-00

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