NOT LISTED FOR SALE

501 N Rath Ave Ludington, MI 49431

Estimated Value: $375,000 - $516,000

4 Beds
3 Baths
2,460 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $363,000 $148 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,098/month

5 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • 1 Car Attached Garage
  • Lakeview Elementary School Rated A-
  • Corner Lot: Yes
  • Eat-In Kitchen

About This Home

As of October 2021

City of Ludington - 6 blocks to Lake MI beach at Stearns Park, downtown, shopping, restaurants & marinas. Fully renovated w/ 3/4 bedrooms & 3 baths. Exterior has new siding, windows, roof, maintenance free decking & covered porches. Interior is new from the studs out, including wiring, heating, plumbing, drywall, paint, flooring, kitchen cabinets, counters & light fixtures. Spacious open floor plan w/large kitchen & eating area, dining room & living room. Master Suite w/walk in closet, private bath & custom tile walk in shower. Two additional bedrooms, full bath w/low threshold shower, full bath w/ tub/shower, separate laundry room & upper level bonus room. Attached single door garage is double deep w/room for boat & car. Corner lot w/plenty of off street parking. Buyer to verify all info.

Last Agent to Sell the Property

Debby Stevenson

Greenridge Realty S Rath License #6502347161 Listed on: 09/05/2021

Last Buyer's Agent

Unrepresented Seller

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,911

Year Built

  • Built in 1900

Lot Details

  • 8,550 Sq Ft Lot
  • Lot Dimensions are 90x95
  • Corner Lot: Yes
  • Level Lot
  • Property is zoned R2A, R2A

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,460 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Insulated Windows
  • Living Room
  • Dining Area
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,911

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: 90x95
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 2460.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1910.85
  • Tax Info:Zoning3: R2A
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 2460.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Crawl Space
  • LivingArea: 2460.0
  • Window Features: Replacement, Insulated Windows
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 365000.0
  • Lot Features: Corner Lot, Level, Sidewalk
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 90x95
  • Lot Size Sq Ft: 8550.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1910.85
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2021
Closed on
Dec 3, 2021
Sold by
Fritton Jason
Bought by
Validation Capital Llc
Seller's Agent
Debby Stevenson
Greenridge Realty S Rath
Buyer's Agent
Unrepresented Seller
Non-Member
List Price
$365,000
Sold Price
$363,000
Premium/Discount to List
-$2,000
-0.55%
Current Estimated Value
$445,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,525
Avg. Annual Appreciation
5.68%
Original Mortgage
$237,250
Outstanding Balance
$219,944
Interest Rate
3.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$229,115

Purchase Details

Listed on
Sep 5, 2021
Closed on
Oct 4, 2021
Sold by
Hearns Daniell
Bought by
Fritton Janson
Seller's Agent
Debby Stevenson
Greenridge Realty S Rath
Buyer's Agent
Unrepresented Seller
Non-Member
List Price
$365,000
Sold Price
$363,000
Premium/Discount to List
-$2,000
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,250
Outstanding Balance
$219,944
Interest Rate
3.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$229,115

Purchase Details

Listed on
Dec 15, 2018
Closed on
Feb 20, 2019
Sold by
Fortuna Jeffrey M
Bought by
Hearns Daniell
Seller's Agent
Michelle Hernandez Sarto
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Debby Stevenson
Greenridge Realty S Rath
List Price
$69,500
Sold Price
$45,000
Premium/Discount to List
-$24,500
-35.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.85%

Purchase Details

Closed on
Oct 5, 2016
Sold by
Klinger Randall and Klinger Lorie
Bought by
Fortuna Jeffrey

Purchase Details

Closed on
Oct 29, 2014
Sold by
Fortuna Jeff
Bought by
Klinger Randall L and Klinger Lorie L

Purchase Details

Closed on
Sep 27, 2010
Sold by
Routley Derek
Bought by
Fortuna Jeffrey M

Purchase Details

Closed on
Jun 1, 2009
Sold by
Fortuna Jeffrey M
Bought by
Routley Derek

Purchase Details

Closed on
Jun 28, 2000
Sold by
Topping Bernard R and Topping Rita I
Bought by
King Allen and King Kelly
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
Validation Capital Llc -- None Available
Fritton Janson $363,000 Chicago Title Of Michigan In
Hearns Daniell $45,000 --
Fortuna Jeffrey -- None Available
Klinger Randall L -- None Available
Fortuna Jeffrey M -- None Available
Routley Derek $79,900 None Available
King Allen $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Validation Capital Llc $104,500
Open Validation Capital Llc $237,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $363,000 -0.5% $148 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $365,000 +711.1% $148 / Sq Ft
02/20/2019 02/20/19 Sold $45,000 -35.3% $21 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
12/15/2018 12/15/18 For Sale $69,500 -- $33 / 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 $7,906 $232,500 $232,500 $0
2024 -- $167,000 $167,000 $0
2023 -- $144,500 $144,500 $0
2022 -- $34,100 $0 $0
2021 -- $32,000 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21104294

Southwestern Michigan Association of REALTORS®

APN: 051-100-261-00