NOT LISTED FOR SALE

501-C 1st St Ludington, MI 49431

Estimated Value: $216,000 - $246,000

4 Beds
1 Bath
1,782 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $28,000 $16 Per Sq Ft

Est. 707% increase in value since last sale

Current estimated payment $1,497/month

307 Days on Market

Highlights

  • Recreation Room
  • Traditional Architecture
  • Living Room
  • Lakeview Elementary School Rated A-
  • 1 Car Detached Garage
  • Replacement Windows

About This Home

As of May 2017

One shell of a house! Bring your tools and imagination. Cash buyer is needed because many components are missing. The house was condemned by the City of Ludington in 2012. Most of the copper plumbing including what is needed for the hot water baseboard heat has been removed along with the bathroom sink. Every room needs work. The location is secluded for being in the City limits with a much larger lot than standard. The seller must sell as is. A Land Contract is not an option. The vehicles will be removed prior to closing. The neighbors will be proud when you make this diamond in the ruff shine again!

Last Agent to Sell the Property

Robin Koikas

EXIT Real Estate of Ludington License #6502354296 Listed on: 05/27/2016

EXIT Real Estate of Ludington

Last Buyer's Agent

Robin Koikas

EXIT Real Estate of Ludington License #6502354296 Listed on: 05/27/2016

EXIT Real Estate of Ludington

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 62.5x350

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,782 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Living Room
  • Dining Area
  • Recreation Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Location

  • Mineral Rights Excluded

Utilities

  • Heating System Uses Natural Gas
  • Septic System
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 62.5x350
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1782.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2155.82
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Mineral Rights:No: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1782.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Full
  • LivingArea: 1782.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1068.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 32500.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: None
  • Heating: No
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Dimensions: 62.5x350
  • Lot Size Sq Ft: 21875.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2155.82
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
May 10, 2017
Sold by
Zeman Janette Marie and The Estate Of James J Zeman
Bought by
Bonham Mark R
Seller's Agent
Robin Koikas
EXIT Real Estate of Ludington
Buyer's Agent
Robin Koikas
EXIT Real Estate of Ludington
List Price
$39,000
Sold Price
$28,000
Premium/Discount to List
-$11,000
-28.21%
Current Estimated Value
$225,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,860
Avg. Annual Appreciation
28.25%

Purchase Details

Closed on
Jul 11, 2003
Sold by
Smith Catherine L
Bought by
Mortgage Electronic Registration

Purchase Details

Closed on
Apr 21, 2000
Sold by
Bonham Tamara L
Bought by
Smith Catherine L

Purchase Details

Closed on
Jan 1, 1997
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
Bonham Mark R $28,000 None Available
Mortgage Electronic Registration $69,900 --
Smith Catherine L $74,000 --
-- $51,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2017 05/10/17 Sold $28,000 -28.2% $16 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
05/27/2016 05/27/16 For Sale $39,000 -- $22 / 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 $3,543 $86,200 $86,200 $0
2024 -- $81,800 $81,800 $0
2023 -- $70,100 $70,100 $0
2022 -- $61,100 $0 $0
2021 -- $58,500 $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: 16026070

Southwestern Michigan Association of REALTORS®

APN: 051-460-061-00