306 S Ferry St Unit 14 Ludington, MI 49431
2
Beds
1
Bath
756
Sq Ft
$285/mo
HOA Fee
Highlights
- Property fronts a channel
- Balcony
- Forced Air Heating System
- Lakeview Elementary School Rated A-
- Living Room
- Hot Water Heating System
About This Home
As of January 2025City of Ludington - Discover the charm of waterfront living in this beautiful upper level 2 bedroom, 1 bath condo nestled along the channel in downtown Ludington. Lovely updated finishes include paint & flooring that offer a modern look. Open floor plan, living room and bedroom have sliding glass doors that open to the large deck and let in the natural light and all the views. Kitchen has new cabinets, appliances & countertops plus a pantry closet that has hookups for laundry, or you can use the shared laundry space in the common area. Spend time relaxing on your private deck and enjoy views of Lake Michigan and the boating traffic along with the iconic Badger car ferry. Enjoy easy access to everything Ludington has to offer such as Lake Michigan beach at Stearns park, restaurants, marinas, parks and events. Perfect as a year-round residence or a weekend getaway, this condo combines a convenient downtown location with a relaxed lakeside lifestyle. Short term rentals are not allowed. Second-story condo, property does not have an elevator. HOA fees are $285/month and include: cable, water, snow removal, lawn care. Plus, $300 annual fee for gas. Buyer to verify all info.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,464
Year Built
- Built in 1969
Lot Details
- Property fronts a channel
HOA Fees
- $285 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 756 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Area
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Washer Hookup
Outdoor Features
- No Wake Zone
- Shared Waterfront
- Balcony
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Hot Water Heating System
- Natural Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
Overview
- Association fees include water, trash, snow removal, sewer, lawn/yard care, cable/satellite
- $570 HOA Transfer Fee
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2024
Closed on
Jan 15, 2025
Sold by
Sullivan Christine and Sullivan Ron
Bought by
Feinauer Scott and Feinauer Wendy
Seller's Agent
Debby Stevenson
Greenridge Realty S Rath
Buyer's Agent
Mark Muessig
Century 21 Signature Freeland
List Price
$315,000
Sold Price
$297,000
Premium/Discount to List
-$18,000
-5.71%
Total Days on Market
34
Views
142
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,159
Avg. Annual Appreciation
-3.95%
Original Mortgage
$237,600
Outstanding Balance
$236,976
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$55,865
Purchase Details
Listed on
Aug 4, 2021
Closed on
Sep 10, 2021
Sold by
Simone Carlson Lt
Bought by
Sullivan Christine and Sullivan Ron
Seller's Agent
Brian Mulherin
CENTURY 21 Bayshore
Buyer's Agent
Lynne Mattice
CENTURY 21 Bayshore
Sold Price
$224,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$179,920
Interest Rate
2.88%
Purchase Details
Closed on
May 28, 2021
Sold by
Lewis H Carlson Lt
Bought by
Simone Carlson Lt
Purchase Details
Closed on
Jan 1, 1991
Map
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Similar Homes in Ludington, MI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $297,000 | Chicago Title | |
| Warranty Deed | $224,900 | Lakeshore Land & Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $79,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $237,600 | New Conventional | |
| Previous Owner | $179,920 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $297,000 | -2.6% | $393 / Sq Ft |
| 12/02/2024 12/02/24 | Pending | -- | -- | -- |
| 11/19/2024 11/19/24 | Price Changed | $305,000 | -3.2% | $403 / Sq Ft |
| 10/29/2024 10/29/24 | For Sale | $315,000 | +40.1% | $417 / Sq Ft |
| 09/16/2021 09/16/21 | Sold | $224,900 | 0.0% | $297 / Sq Ft |
| 08/20/2021 08/20/21 | Pending | -- | -- | -- |
| 08/04/2021 08/04/21 | For Sale | -- | -- | -- |
| 07/14/2021 07/14/21 | Off Market | $224,900 | -- | -- |
| 05/08/2021 05/08/21 | For Sale | $224,900 | -- | $297 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
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 | -- | $129,500 | $129,500 | $0 |
| 2023 | -- | $123,000 | $123,000 | $0 |
| 2022 | -- | $99,100 | $0 | $0 |
| 2021 | -- | $94,800 | $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
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24056837
APN: 051-121-014-00
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