Seller's Agent in 2025
Nathan Sheldon
LIGHTHOUSE REALTY-Ludington
(231) 690-0422
36 in this area
117 Total Sales
502 3rd St Ludington, MI 49431
--
Bed
--
Bath
--
Sq Ft
8,400
Sq Ft Lot
Highlights
- 1 Fireplace
- Corner Lot: Yes
- Laundry Facilities
- Lakeview Elementary School Rated A-
- Forced Air Heating System
- 2-minute walk to Pere Marquette Elementary Playground
About This Home
As of June 2025Meticulously maintained 2 unit rental in Ludington! Main floor is a 2 bed 1 bath with wood floors and open dining area. Upper level is a 1 bed 1 bath that has a large amount of storage space! Roof, vinyl siding and windows are all newer. Partial basement has furnace and water heater for main floor. Units have separate gas and electric meters. 1 car garage in back yard off of alley. Laundry room for both units is in the back of home.
Last Agent to Sell the Property
LIGHTHOUSE REALTY-Ludington License #6501397921 Listed on: 05/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,585
Year Built
- Built in 1900
Lot Details
- 8,400 Sq Ft Lot
- Lot Dimensions are 60x140
- Corner Lot: Yes
Parking
- 4 Parking Spaces
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Partial Basement
- Sink Near Laundry
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Shared Gas Meter
Community Details
- 2 Units
- Laundry Facilities
Listing and Financial Details
- Tenant pays for electric, water, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2025
Closed on
Jun 23, 2025
Sold by
Broadwell Margaret
Bought by
Meldrum Rachael
Seller's Agent
Nathan Sheldon
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Marla Zatarga
Five Star Real Estate - Ludington
List Price
$229,000
Sold Price
$224,000
Premium/Discount to List
-$5,000
-2.18%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.08%
Original Mortgage
$212,800
Outstanding Balance
$212,800
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$10,883
Purchase Details
Closed on
May 23, 2000
Sold by
Dalton Kevin R and Dalton Nicole M
Bought by
Broadwell Ronald and Broadwell Margaret
Purchase Details
Closed on
Jul 1, 1994
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $224,000 | Lakeshore Land Title | |
| Warranty Deed | $62,500 | -- | |
| Warranty Deed | $32,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $212,800 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Sold | $224,000 | -2.2% | -- |
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 05/23/2025 05/23/25 | For Sale | $229,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $2,585 | $76,500 | $76,500 | $0 |
| 2024 | -- | $71,500 | $71,500 | $0 |
| 2023 | -- | $66,900 | $66,900 | $0 |
| 2022 | -- | $61,000 | $0 | $0 |
| 2021 | $1,213 | $57,800 | $0 | $0 |
| 2020 | $1,213 | $47,600 | $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
-
-
M
Buyer's Agent in 2025
Marla Zatarga
Five Star Real Estate - Ludington
(231) 510-4002
40 in this area
122 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25023953
APN: 051-421-005-00
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