NOT LISTED FOR SALE

501 E Ludington Ave Ludington, MI 49431

Estimated Value: $967,238

4 Beds
9 Baths
5,366 Sq Ft
$180/Sq Ft Est. Value

About This Home

This home is located at 501 E Ludington Ave, Ludington, MI 49431 and is currently estimated at $967,238, approximately $180 per square foot. 501 E Ludington Ave is a home located in Mason County with nearby schools including Ludington Elementary School, Franklin Elementary School, and O.J. DeJonge Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Alderink Robert S and Alderink Ellen J
Bought by
Ludington House Re Llc
Current Estimated Value
$967,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$389,382
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$577,856

Purchase Details

Closed on
Apr 20, 2015
Sold by
Alderink Robert S and Alderink Ellen J
Bought by
Alderink Living Trust

Purchase Details

Closed on
Aug 20, 2014
Sold by
Stumpf William R and Stumpf Kristine S
Bought by
Alderink Properties Llc

Purchase Details

Closed on
Apr 4, 2007
Sold by
Boegner Virginia C
Bought by
Stumpf William R and Stumpf Kristine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2001
Sold by
Cunningham Billie E and Cunningham Patricia
Bought by
Boegner Virginia C

Purchase Details

Closed on
Dec 1, 1995
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ludington House Re Llc $650,806 Lakeshore Land Title
Alderink Living Trust -- Attorney
Alderink Robert S -- Attorney
Alderink Properties Llc -- Lighthouse Title Inc
Stumpf William R $307,270 Mason County Title Agency In
Boegner Virginia C -- --
-- $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludington House Re Llc $400,000
Previous Owner Stumpf William R $40,000
Closed Alderink Properties Llc $0
Source: Public Records

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 $15,827 $305,200 $305,200 $0
2024 -- $265,900 $265,900 $0
2023 -- $219,900 $219,900 $0
2022 -- $206,300 $0 $0
2021 -- $195,200 $0 $0
2020 $1,511 $187,900 $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Map

Michigan Mason County Ludington 49431

501 E Ludington Ave, 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.

Nearby Homes