NOT LISTED FOR SALE

406 E Foster St Ludington, MI 49431

Estimated Value: $174,851 - $260,000

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold May 09, 2016

Last sale price $115,000

Est. 90% increase in value since last sale

Current estimated payment $1,349/month

204 Days on Market

About This Home

As of May 2016

3 Units, you can not see the 2nd building unless you drive behind on back alley. The front 2 unit is vinyl siding and well taken care of. The back is a cute brick building. Information to be verified by buyer. Total income currently on all is $1530 a month. The back unit is single unit on a slab. Furance on down front and the up front space heater and back unit has space heater. Sq ft is for front unit and all information to be verified by buyer for accuracy. Seller will not pay for owners policy for title insurance. Interior photos are of unit 3, the brick 1 unit behind off the back alley.

Last Agent to Sell the Property

Lori Dickenson

LIGHTHOUSE REALTY-Ludington License #6501264017 Listed on: 09/18/2015

Last Buyer's Agent

Lori Dickenson

CENTURY 21 Bayshore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,545

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Basement

  • Crawl Space

Utilities

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

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,545

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 1545.13
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Crawl Space: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Brick
  • List Price: 123000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.0
  • 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: 1545.13
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
May 9, 2016
Sold by
Mannikko Debra
Bought by
The Janine M Daul Trust
Seller's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
List Price
$123,000
Sold Price
$115,000
Premium/Discount to List
-$8,000
-6.5%
Current Estimated Value
$218,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,463
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Feb 1, 1991
Source: Public Records

Range of Values:

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Average Value
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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
The Janine M Daul Trust -- Gold Coast Title Of Michigan
-- $29,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2016 05/09/16 Sold $115,000 -6.5% --
04/09/2016 04/09/16 Pending -- -- --
09/18/2015 09/18/15 For Sale $123,000 -- --
Source: MichRIC

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 $2,446 $70,900 $70,900 $0
2024 -- $64,200 $64,200 $0
2023 -- $53,200 $53,200 $0
2022 -- $46,300 $0 $0
2021 -- $44,000 $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 2016

    Lori Dickenson

    LIGHTHOUSE REALTY-Ludington

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Map

Source: MichRIC

MLS Number: 15050615

MichRIC

APN: 051-515-003-00

Michigan Mason County Ludington 49431

406 E Foster St, Ludington, MI

This home is located at 406 E Foster St, Ludington, MI 49431 since 18 September 2015 and is currently estimated at $218,463. This property was built in 1900. 406 E Foster St is a home located in Mason County with nearby schools including Ludington Elementary School, Lakeview 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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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