$224,900
SOLD SEP 16, 2021

306 S Ferry St Unit 14 Ludington, MI 49431

2 Beds
1 Bath
756 Sq Ft
$235/mo HOA Fee

Recently Sold

$297 Per Sq Ft

104 Days on Market

Highlights

  • Property fronts a channel
  • Porch
  • Hot Water Heating System
  • Lakeview Elementary School Rated A-
  • Forced Air Heating System
  • Shared Waterfront

About This Home

As of January 2025

THAT VIEW! Waterfront condo with Lake Michigan views! This freshly repainted 2-bedroom, 1-bathroom condominium features a 24-foot second-story balcony with views of Lake Michigan to the southwest and the Pere Marquette Lake channel directly in front. Watch the Ludington harbor traffic from your living room, including the carferry S.S. Badger. Sliding-glass doors in the living room and main bedroom open to the balcony. New flooring looks great. Units in this development don't come along often! Sunsets at Stearns Park Beach are just minutes away along the Waterfront Walkway.

Last Agent to Sell the Property

Brian Mulherin

CENTURY 21 Bayshore License #6506048919 Listed on: 08/04/2021

CENTURY 21 Bayshore

Last Buyer's Agent

Lynne Mattice

CENTURY 21 Bayshore License #6501401289

CENTURY 21 Bayshore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 1971

Lot Details

  • Property fronts a channel

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 756 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • No Wake Zone
  • Shared Waterfront
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, cable/satellite
  • $2 HOA Transfer Fee

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,104

Year Built

Built in 1971

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1971
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 756.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 4103.75
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Heat Type:Hot Water: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 756.0
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 756.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Porch(es)
  • List Price: 224900.0
  • Water Body Name: Pere Marquette Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 235.0
  • Association Info:Assoc Buy in Fee: 2 mos.
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Shared Frontage: Yes
  • Water Fea Amenities:Channel: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Cable/Satellite

Lot Info

  • Lot Dimensions: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4103.75
  • Tax Year: 2020

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%
Views
142
Current Estimated Value
$308,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,777
Avg. Annual Appreciation
7.61%
Original Mortgage
$237,600
Outstanding Balance
$236,341
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$72,436

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
Source: Public Records

Similar Home in Ludington, MI

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    • 1 Bath
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Range of Values:

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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 $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 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 $6,503 $140,700 $140,700 $0
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

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21016168

Southwestern Michigan Association of REALTORS®

APN: 051-121-014-00