NOT LISTED FOR SALE

503 N William St Ludington, MI 49431

Estimated Value: $199,630 - $231,000

4 Beds
2 Baths
-- Sq Ft
8,400 Sq Ft Lot

Last Sold July 24, 2015

Last sale price $88,000

Est. 146% increase in value since last sale

Current estimated payment $1,446/month

5 Days on Market

Highlights

  • Forced Air Heating System
  • Lakeview Elementary School Rated A-
  • High Speed Internet

About This Home

As of July 2015

Charming Duplex in a quiet neighborhood. Owned by the same family since 1975, and carries a steady rental history. Generous amount of yard space in rear for enjoyment by both occupants, ample parking, dual entrances for both units, updates including fresh paint & carpeting. A must see to truly appreciate the offerings and potential of this property. Call today and schedule your personal showing.

Last Agent to Sell the Property

Doug Shoup

Coolman-Anderson Realty, Inc. License #6502129277 Listed on: 05/27/2015

Last Buyer's Agent

Tanya Lesinski

CENTURY 21 Bayshore License #6501383151

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1955

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60'x140'

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,851

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1955
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60'x140'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1851.37
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 120000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8400.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1851.37
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Jul 22, 2015
Sold by
Barnett Donald W and Barnett Betty E
Bought by
Gibson Robert W
Seller's Agent
Doug Shoup
Coolman-Anderson Realty, Inc.
Buyer's Agent
Tanya Lesinski
CENTURY 21 Bayshore
List Price
$120,000
Sold Price
$88,000
Premium/Discount to List
-$32,000
-26.67%
Current Estimated Value
$216,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,158
Avg. Annual Appreciation
9.32%
Original Mortgage
$0
Interest Rate
4.01%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gibson Robert W $88,000 Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5757 W Johnson Llc $512,878
Closed 5757 W Johnson Llc $100,000
Closed 5757 W Johnson Llc $433,377
Closed 5757 W Johnson Llc $0
Closed 5757 W Johnson Llc $7,500
Closed Gibson Robert W $0
Closed Gibson Robert W $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $88,000 -26.7% --
06/01/2015 06/01/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $120,000 -- --
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 $3,221 $86,700 $86,700 $0
2024 -- $78,800 $78,800 $0
2023 -- $71,000 $71,000 $0
2022 -- $63,200 $0 $0
2021 -- $59,700 $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

  • D

    Seller's Agent in 2015

    Doug Shoup

    Coolman-Anderson Realty, Inc.

  • T

    Buyer's Agent in 2015

    Tanya Lesinski

    CENTURY 21 Bayshore

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15026554

Southwestern Michigan Association of REALTORS®

APN: 051-100-236-00

Michigan Mason County Ludington 49431

503 N William St, Ludington, MI

This home is located at 503 N William St, Ludington, MI 49431 since 27 May 2015 and is currently estimated at $216,158. This property was built in 1955. 503 N William St is a home located in Mason County with nearby schools including Ludington Elementary School, Lakeview Elementary School, and O.J. DeJonge Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes