502 E Loomis St Ludington, MI 49431
3
Beds
1.5
Baths
1,686
Sq Ft
8,400
Sq Ft Lot
Highlights
- Second Garage
- Traditional Architecture
- 3 Car Garage
- Lakeview Elementary School Rated A-
- Corner Lot: Yes
- Eat-In Kitchen
About This Home
As of December 2024City of Ludington - Spacious Victorian charmer, situated on a corner lot with oversized 2+ car garage w/workshop area, plus a second 1 car garage on the lot. Main floor offers tall ceilings, a functional kitchen, with dining room, living room, plus a den and 1/2 bath. Upstairs you will find 3 nice size bedrooms and a full bath, plus a smaller bonus room. Home has been freshened up and is ready for you to bring your personal touches to 'make it your own'. Laundry is currently in the basement and could be easy moved to main floor space. Come and enjoy all that Ludington has to offer. Home is located just a few blocks from downtown shopping, restaurants, marinas, parks, plus Lake Michigan beach at Stearns Park.
Last Agent to Sell the Property
Greenridge Realty S Rath License #6502347161 Listed on: 10/09/2024
Last Buyer's Agent
Greenridge Realty S Rath License #6502347161 Listed on: 10/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,953
Year Built
- Built in 1890
Lot Details
- 8,400 Sq Ft Lot
- Lot Dimensions are 60x140
- Corner Lot: Yes
- Property is zoned R2A, R2A
Parking
- 3 Car Garage
- Second Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Shingle Roof
Interior Spaces
- 1,686 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Snack Bar or Counter
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Michigan Basement
- Partial Basement
- Laundry in Basement
- Crawl Space
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2024
Closed on
Dec 12, 2024
Sold by
Greiner Wesley M and Greiner Judith A
Bought by
Greiner Wesley M and Greiner Judith A
Seller's Agent
Debby Stevenson
Greenridge Realty S Rath
Buyer's Agent
Debby Stevenson
Greenridge Realty S Rath
List Price
$260,000
Sold Price
$215,000
Premium/Discount to List
-$45,000
-17.31%
Views
135
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,010
Avg. Annual Appreciation
2.06%
Original Mortgage
$135,250
Outstanding Balance
$134,426
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$83,712
Purchase Details
Closed on
Jul 8, 2022
Sold by
Greiner Wesley M and Greiner Judith A
Bought by
Bussey Kelly and Greiner Todd
Similar Homes in Ludington, MI
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $215,000 | Chicago Title Of Michigan | |
| Warranty Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,250 | New Conventional | |
| Previous Owner | $89,871 | Construction | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $86,400 | No Value Available | |
| Previous Owner | $40,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/12/2024 12/12/24 | Sold | $215,000 | 0.0% | $128 / Sq Ft |
| 10/23/2024 10/23/24 | Pending | -- | -- | -- |
| 10/11/2024 10/11/24 | Price Changed | $215,000 | -12.2% | $128 / Sq Ft |
| 09/30/2024 09/30/24 | Price Changed | $245,000 | -5.8% | $145 / Sq Ft |
| 09/05/2024 09/05/24 | For Sale | $260,000 | -- | $154 / Sq Ft |
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 | $2,050 | $125,400 | $125,400 | $0 |
| 2024 | -- | $114,800 | $114,800 | $0 |
| 2023 | -- | $92,300 | $92,300 | $0 |
| 2022 | -- | $76,500 | $0 | $0 |
| 2021 | -- | $70,000 | $0 | $0 |
| 2020 | $1,228 | $68,700 | $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
-
Debby Stevenson
Seller's Agent in 2024
Debby Stevenson
Greenridge Realty S Rath
(231) 510-5727
259 in this area
473 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24046564
APN: 051-306-005-00
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