NOT LISTED FOR SALE

506 E Danaher St Ludington, MI 49431

Estimated Value: $126,627 - $213,000

4 Beds
1 Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold September 17, 2015

Last sale price $82,000

Est. 110% increase in value since last sale

Current estimated payment $1,129/month

6 Days on Market

About This Home

As of September 2015

Located only 5 blocks from the Marina and the carferry. A good income producing 4 unit with mostly all new windows, vinyl siding, electrical and service box. Your tenants will relax on the nice front porch and enjoy the breeze from the lake. Income could be raised and is currently making $1850 a month. The front tenant pays the electric, other 3 landlord pays electric and landlord pays all heat. There is 1 hotwater heater and 1 furnace for the whole building.

Last Agent to Sell the Property

Lori Dickenson

LIGHTHOUSE REALTY-Ludington License #6501264017 Listed on: 07/22/2015

Last Buyer's Agent

Lori Dickenson

CENTURY 21 Bayshore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30x140

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,158

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 30x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1158.19
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 4
  • 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 87000.0
  • 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

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1158.19
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2015
Closed on
Sep 17, 2015
Sold by
Mannikko Debra L
Bought by
Mid Point Enterprises Inc
Seller's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Lori Dickenson
LIGHTHOUSE REALTY-Ludington
List Price
$87,000
Sold Price
$82,000
Premium/Discount to List
-$5,000
-5.75%
Current Estimated Value
$171,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,907
Avg. Annual Appreciation
6.38%
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
Mid Point Enterprises Inc $82,000 Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mid Point Enterprises Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2015 09/17/15 Sold $82,000 -5.7% --
07/28/2015 07/28/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $87,000 -- --
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 $2,331 $65,400 $65,400 $0
2024 -- $64,800 $64,800 $0
2023 -- $53,900 $53,900 $0
2022 -- $43,600 $0 $0
2021 $1,328 $39,200 $0 $0
2020 $1,328 $39,100 $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

  • L

    Seller's Agent in 2015

    Lori Dickenson

    LIGHTHOUSE REALTY-Ludington

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15039284

Southwestern Michigan Association of REALTORS®

APN: 051-320-033-00

Michigan Mason County Ludington 49431

506 E Danaher St, Ludington, MI

This home is located at 506 E Danaher St, Ludington, MI 49431 since 22 July 2015 and is currently estimated at $171,907. This property was built in 1900. 506 E Danaher 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.
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