NOT LISTED FOR SALE

502 E Ludington Ave Ludington, MI 49431

Estimated Value: $328,000 - $523,000

4 Beds
2 Baths
2,584 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $380,000 $147 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,732/month

14 Days on Market

Highlights

  • Water Access
  • Deck
  • Victorian Architecture
  • Lakeview Elementary School Rated A-
  • Wood Flooring
  • Corner Lot: Yes

About This Home

As of July 2024

This modest Victorian home is located just a few blocks from the center of Downtown Ludington on Ludington's petunia lined Ludington Avenue! The 4 bed/2 bath home is situated on a corner lot and elevated slightly from the sidewalk, providing for an enjoyable location to be out in the summer weather and to watch the setting sun. The gleaming wood floors, tall ceilings, and oversized rooms provide that old world charm, while the renovated kitchen and bathrooms bring you comfortably into the new era. The floorplan allows flexibility to suit your needs and can accommodate large gatherings effortlessly with lots of room to spread out. The partial basement has many excellent storage and work spaces for exercise or puttering with easy access directly from the rear entry. See it SOON! This is truly a move in ready home and easy keeper, worthy of becoming your Ludington legacy property for decades to come! Seller is a licensed real estate agent in the State of Michigan.

Last Agent to Sell the Property

Renee Malburg

Five Star Real Estate - Ludington License #6506043816 Listed on: 05/09/2024

Five Star Real Estate - Ludington

Last Buyer's Agent

Renee Malburg

Five Star Real Estate - Ludington License #6506043816 Listed on: 05/09/2024

Five Star Real Estate - Ludington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60 x 95
  • Shrub
  • Corner Lot: Yes
  • Garden
  • Property is zoned R2A, R2A

Parking

  • Additional Parking

Home Design

  • Victorian Architecture
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Replacement Windows
  • Window Screens
  • Mud Room
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Water Access
  • Property is near a lake
  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,337

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Victorian
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 152.86
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60 x 95
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2584.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 6337.0
  • Tax Info:Zoning3: R2A
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: 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
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Roofing:Shingle: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Landscape:Flower Garden: Yes
  • Additional Items:Ensuite: Yes
  • General Property Info:SqFt Above Grade: 2584.0
  • Additional Items:Sump Pump: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Sink: Yes
  • Laundry Features Upper Level: Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Architectural Style Victorian: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 2584.0
  • Window Features: Screens, Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 600.0
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 395000.0
  • Lot Features: Corner Lot, Sidewalk
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition, Shingle
  • Waterfront Features: Lake
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Additional Parking
  • Parking Features:Additional Parking: Yes

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, High-Speed Internet
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 60 x 95
  • Lot Size Sq Ft: 5663.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6337.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 29, 2024
Sold by
Malburg Michael W and Malburg Renee M
Bought by
Mckeon Brendan and Mckeon Catherine
Seller's Agent
Renee Malburg
Five Star Real Estate - Ludington
Buyer's Agent
Renee Malburg
Five Star Real Estate - Ludington
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Views
41
Current Estimated Value
$416,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,774
Avg. Annual Appreciation
6.62%

Purchase Details

Closed on
Nov 12, 2021
Sold by
Hecker Roxie Ann
Bought by
Malburg Michael W and Malburg Renee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jun 12, 2014
Sold by
Tuitel Peter and Tuitel Maria
Bought by
Hecker Roxie
Seller's Agent
Ian Volchoff
Century 21 Trophy Class
Buyer's Agent
Debby Stevenson
Greenridge Realty S Rath
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$103,920
Interest Rate
4.2%

Purchase Details

Closed on
Nov 16, 2011
Sold by
Wroble Natalie
Bought by
Barrette Andy

Purchase Details

Closed on
Oct 2, 2009
Sold by
Barrette Andy
Bought by
Barrette Andy and Wroble Natalie

Purchase Details

Closed on
Dec 2, 2003
Sold by
Mautz Nathan
Bought by
Organ Cornelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 2000
Sold by
Bishop Renee Skylar
Bought by
Mautz Nathan

Purchase Details

Closed on
May 1, 1990
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mckeon Brendan $380,000 Star Title Agency
Malburg Michael W $258,000 None Listed On Document
Hecker Roxie -- Lighthouse Title Inc
Barrette Andy -- None Available
Barrette Andy -- None Available
Tuitel Peter $125,000 None Available
Organ Cornelia $110,000 Metropolitan Title Company
Mautz Nathan $91,200 --
-- $44,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malburg Michael W $193,500
Previous Owner Hecker Roxie $103,920
Previous Owner Organ Cornelia $137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2024 07/29/24 Sold $380,000 -3.8% $147 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $395,000 +204.1% $153 / Sq Ft
06/12/2014 06/12/14 Sold $129,900 0.0% $45 / Sq Ft View Prior Sale
06/10/2014 06/10/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $129,900 -- $45 / Sq Ft
Source: MichRIC

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 $6,654 $132,800 $132,800 $0
2024 -- $120,300 $120,300 $0
2023 -- $109,500 $109,500 $0
2022 -- $101,400 $0 $0
2021 -- $84,800 $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

  • Renee Malburg

    Seller's Agent in 2024

    Renee Malburg

    Five Star Real Estate - Ludington

    (231) 233-5674

    64 in this area

    131 Total Sales

    Renee Malburg
    Section Image
  • Ian Volchoff

    Seller's Agent in 2014

    Ian Volchoff

    Century 21 Trophy Class

    (231) 843-0910

    71 Total Sales

    Ian Volchoff
    Section Image

  • A

    Seller Co-Listing Agent in 2014

    Agent Out Of Area

    Out of Area Office

  • Debby Stevenson

    Buyer's Agent in 2014

    Debby Stevenson

    Greenridge Realty S Rath

    (231) 510-5727

    247 in this area

    455 Total Sales

    Debby Stevenson
    Section Image
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Map

Source: MichRIC

MLS Number: 24022839

MichRIC

APN: 051-223-005-00

Michigan Mason County Ludington 49431

502 E Ludington Ave, Ludington, MI

Not Listed for Sale

Detached

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