NOT LISTED FOR SALE

502 N Rath Ave Ludington, MI 49431

Estimated Value: $329,000 - $397,000

4 Beds
2 Baths
1,673 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $350,000 $209 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,327/month

Highlights

  • Sun or Florida Room
  • Corner Lot: Yes
  • 2 Car Detached Garage
  • Ludington High School Rated 9+
  • Mud Room
  • Eat-In Kitchen

About This Home

As of February 2024

This was a one party listing. In the MLS for comparable sales purposes.

Last Agent to Sell the Property

Mary Jo Pung

Greenridge Realty S Rath License #6502373040 Listed on: 02/12/2024

Last Buyer's Agent

Mary Jo Pung

Greenridge Realty S Rath License #6502373040 Listed on: 02/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 1900

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Corner Lot: Yes
  • Back Yard Fenced
  • Property is zoned R2A, R2A

Parking

  • 2 Car Detached Garage
  • Heated Garage

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,673 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Bay Window
  • Garden Windows
  • Mud Room
  • Living Room
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,661

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • 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: 60x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1673.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 3660.58
  • Tax Info:Zoning3: R2A
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: 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: No
  • Water Heater:Tankless: Yes
  • Windows:BayBow: Yes
  • General Property Info:SqFt Above Grade: 1673.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Fencing:Fenced Back: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1673.0
  • Window Features: Replacement, Bay/Bow, Garden Window
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1046.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Garden Window: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Scrn Porch
  • Fencing: Fenced Back
  • List Price: 350000.0
  • Lot Features: Corner Lot
  • Patio and Porch Features: 3 Season Room
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Scrn Porch: Yes
  • Exterior Features 3 Season Room: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Heated Garage, Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0
  • Parking Features:Heated Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected
  • 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: 3660.58
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Leidlein Ann M
Bought by
Ann M Leidlein Restated Trust and Leidlein
Current Estimated Value
$366,538

Purchase Details

Listed on
Feb 12, 2024
Closed on
Feb 9, 2024
Sold by
Hoenie Joshua M
Bought by
Leidlein Ann M
Seller's Agent
Mary Jo Pung
Greenridge Realty S Rath
Buyer's Agent
Mary Jo Pung
Greenridge Realty S Rath
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$280,000
Interest Rate
6.66%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 6, 2021
Sold by
Thompson Jeremy
Bought by
Hoenie Joshua M
Seller's Agent
Debby Stevenson
Greenridge Realty S Rath
Buyer's Agent
Meagan Kempf
RE/MAX Bayshore Manistee
List Price
$265,000
Sold Price
$280,000
Premium/Discount to List
$15,000
5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$252,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 24, 2018
Closed on
May 15, 2019
Sold by
Dixon Robert L and Dixon Barbara A
Bought by
Thompson Jeremy
Seller's Agent
Bob Budreau
GREENRIDGE Realty Ludington
Buyer's Agent
Marla Zatarga
Five Star Real Estate - Ludington
List Price
$149,900
Sold Price
$132,500
Premium/Discount to List
-$17,400
-11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.87%
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
Ann M Leidlein Restated Trust -- None Listed On Document
Leidlein Ann M $350,000 None Listed On Document
Hoenie Joshua M $280,000 Chicago Title Of Michigan In
Thompson Jeremy $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leidlein Ann M $280,000
Previous Owner Hoenie Joshua M $252,000
Previous Owner Dixon Barbara $4,717
Previous Owner Dixon Robert L $29,550
Previous Owner Dixon Robert L $6,687
Previous Owner Dixon Robert L $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $350,000 0.0% $209 / Sq Ft
02/12/2024 02/12/24 For Sale $350,000 +25.0% $209 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
08/06/2021 08/06/21 Sold $280,000 +5.7% $167 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $265,000 +100.0% $158 / Sq Ft
05/16/2019 05/16/19 Sold $132,500 -11.6% $79 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $149,900 -- $90 / 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 $4,152 $174,700 $174,700 $0
2024 -- $153,400 $153,400 $0
2023 -- $105,700 $105,700 $0
2022 -- $90,700 $0 $0
2021 -- $85,000 $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: 24007089

Southwestern Michigan Association of REALTORS®

APN: 051-200-078-00