NOT LISTED FOR SALE

409 4th St Ludington, MI 49431

Estimated Value: $156,441 - $197,000

4 Beds
2 Baths
-- Sq Ft
8,407 Sq Ft Lot

Last Sold August 24, 2022

Last sale price $132,500

Est. 32% increase in value since last sale

Current estimated payment $1,315/month

43 Days on Market

Highlights

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

About This Home

As of August 2022

CITY OF LUDINGTON! - Minutes from downtown! This home is currently a multi-family unit with an apartment upstairs and downstairs. Downstairs consists of a 2-bedroom 1 bath. Newly remodeled bath in 2017. New carpet in living room and new kitchen floors both installed in 2017. Upstairs has 2 bedrooms 1 bath as well. Laundry is on the main floor with an additional side entrance for potential renters.

Last Agent to Sell the Property

Lexi Crawford

GREENRIDGE Realty Ludington License #6501442887 Listed on: 06/15/2022

Co-Listed By

Brian Riley

GREENRIDGE Realty Ludington License #6501373860

Last Buyer's Agent

Rick Quinn

Coldwell Banker Anchor-Hart License #6501381956

Coldwell Banker Anchor-Hart

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1900

Lot Details

  • 8,407

Parking

  • 2 Parking Spaces

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Crawl Space
  • 8,407 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,896

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Covered Entrance
  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Concrete
  • List Price: 152000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8407.0
  • Zoning Description: Residential 2A
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2896.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 31, 2022
Sold by
Taranko John D and Taranko Amy J
Bought by
Boyko Aaron and Boyko Vanessa
Seller's Agent
Lexi Crawford
GREENRIDGE Realty Ludington
Buyer's Agent
Rick Quinn
Coldwell Banker Anchor-Hart
List Price
$159,000
Sold Price
$132,500
Premium/Discount to List
-$26,500
-16.67%
Current Estimated Value
$175,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,021
Avg. Annual Appreciation
10.35%
Original Mortgage
$99,375
Outstanding Balance
$95,411
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$82,449

Purchase Details

Listed on
May 13, 2012
Closed on
Nov 9, 2012
Sold by
Smith Martha and Skvarla Ron
Bought by
Taraknko John D and Taraknko Amy J
Seller's Agent
Debby Stevenson
Greenridge Realty S Rath
Buyer's Agent
Rick Randall
LIGHTHOUSE REALTY-Ludington
List Price
$59,000
Sold Price
$55,000
Premium/Discount to List
-$4,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$41,250
Interest Rate
3.37%

Purchase Details

Closed on
Aug 20, 1997
Sold by
Skvarla Ed and Skvarla Dorothy
Bought by
Skvarla Ed and Skvarla Dorothy
Source: Public Records

Range of Values:

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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
Boyko Aaron $132,500 --
Taraknko John D -- Lighthouse Title Inc
Skvarla Ed -- --
Skvarlas Edwardd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyko Aaron $99,375
Previous Owner Taraknko John D $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $132,500 -12.8% --
07/13/2022 07/13/22 Price Changed $152,000 -4.4% --
06/15/2022 06/15/22 For Sale $159,000 +189.1% --
11/09/2012 11/09/12 Sold $55,000 -6.8% $31 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
05/13/2012 05/13/12 For Sale $59,000 -- $34 / 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 $4,312 $79,100 $79,100 $0
2024 -- $73,800 $73,800 $0
2023 -- $69,000 $69,000 $0
2022 -- $62,900 $0 $0
2021 -- $59,600 $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: 22024037

Southwestern Michigan Association of REALTORS®

APN: 051-422-010-00