$215,000
SOLD DEC 12, 2024

502 E Loomis St Ludington, MI 49431

3 Beds
1.5 Baths
1,686 Sq Ft
8,400 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

17% Below List Price

48 Days on Market

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 2024

City 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

Debby Stevenson

Greenridge Realty S Rath License #6502347161 Listed on: 10/09/2024

Last Buyer's Agent

Debby Stevenson

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,953

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1686.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 1952.64
  • Tax Info:Zoning3: R2A
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Substructure:Partial: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • Roofing:Shingle: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • General Property Info:SqFt Above Grade: 1686.0
  • Laundry Features Main Level: Yes
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Crawl Space, Michigan Basement, Partial
  • LivingArea: 1686.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 927.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 215000.0
  • Lot Features: Corner Lot
  • Other Structures: Second Garage
  • Roof: Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Detached, Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 3.0
  • Other Structures:Second Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement, Main Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, High-Speed Internet
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 60x140
  • Lot Size Sq Ft: 8400.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1952.64
  • Tax Year: 2024

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
$243,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,700
Avg. Annual Appreciation
6.89%
Original Mortgage
$135,250
Outstanding Balance
$134,426
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$91,584

Purchase Details

Closed on
Jul 8, 2022
Sold by
Greiner Wesley M and Greiner Judith A
Bought by
Bussey Kelly and Greiner Todd
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 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

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 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24046564

Southwestern Michigan Association of REALTORS®

APN: 051-306-005-00