NOT LISTED FOR SALE

401 4th St Ludington, MI 49431

Estimated Value: $202,881 - $241,000

4 Beds
2 Baths
-- Sq Ft
8,400 Sq Ft Lot Lot

Sale Details

Date Sold: December 15, 2022

Last sale price $95,000

Est. 133% increase in value since last sale

Current estimated payment $1,660 / mo

219 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-minute walk to Pere Marquette Elementary Playground
  • Lakeview Elementary School Rated A-
  • High Speed Internet

About This Home

As of December 2022

Very nice duplex! Spacious layouts on both sides! Large covered deck on the front and rear of this home. A nice fenced back yard. Each unit has 2 bedrooms, 1 bathoom, a dining room, kitchen and living room. All appliances included. Each unit has its own heat and hot water source. So many options with this duplex; an investment to rent both units or for a one unit rental and the second unit for personal use.
Unit A tenant occupied. Unit B is currently vacant. Lease agreements available with pre- approval letter.

Last Agent to Sell the Property

Jamie Loney

Five Star RE Ludington License #6501386374 Listed on: 11/04/2022

Five Star RE Ludington

Co-Listed By

Christina Simone

Five Star RE Ludington License #6501434855

Five Star RE Ludington

Last Buyer's Agent

Christina Simone

Five Star RE Ludington License #6501434855

Five Star RE Ludington

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1880

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Corner Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Parking

  • 3 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Apartment

Year Built

Built in 1880

Lot Details

8,400 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1880
  • General Property Info:Basement: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 129000.0
  • Lot Features: Corner Lot, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.1928
  • Lot Size Area: 0.19
  • Lot Dimensions: 60x140
  • Lot Size Sq Ft: 8400.0

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3085.4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 15, 2022
Sold by
Cichon Gary
Bought by
Schultz Brian
Seller's Agent
Jamie Loney
Five Star RE Ludington
Buyer's Agent
Christina Simone
Five Star RE Ludington
List Price
$235,000
Sold Price
$95,000
Premium/Discount to List
-$140,000
-59.57%
Views
44
Current Estimated Value
$221,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,470
Avg. Annual Appreciation
28.74%
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
Schultz Brian $95,000 Startitle
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $95,000 -26.4% --
12/09/2022 12/09/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $129,000 -28.3% --
06/29/2022 06/29/22 Price Changed $179,900 -17.9% --
06/08/2022 06/08/22 Price Changed $219,000 -6.8% --
05/04/2022 05/04/22 For Sale $235,000 -- --
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 $5,806 $107,700 $107,700 $0
2024 -- $99,800 $99,800 $0
2023 -- $92,900 $92,900 $0
2022 -- $84,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamie Loney

    Seller's Agent in 2022

    Jamie Loney

    Five Star RE Ludington

    (231) 794-9740

    52 in this area

    109 Total Sales

    Jamie Loney
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Christina Simone

    Five Star RE Ludington

    (231) 343-4598

    50 in this area

    88 Total Sales

    Christina Simone
    Section Image
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Map

Source: MichRIC

MLS Number: 22015870

MichRIC

APN: 051-422-006-01

Michigan Mason County Ludington 49431

401 4th St, Ludington, MI

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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