NOT LISTED FOR SALE

506 S George St Ludington, MI 49431

Estimated Value: $81,000 - $190,000

4 Beds
1 Bath
1,134 Sq Ft
$121/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $45,000 $40 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $875/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Lakeview Elementary School Rated A-
  • Porch
  • Living Room

About This Home

As of November 2021

CITY OF LUDINGTON / CASH ONLY - This south side fixer-upper is ready for your plans. Formerly a two-unit, the main floor has 4 bedrooms & 1 bath with a kitchen laundry combo and a back garage currently set up as a work shop. The upper unit has it's own access off of the alley. It was partially damaged by fire several years ago, so is not being promoted as living space at this time. Call today to schedule a showing.

Last Agent to Sell the Property

Bob Budreau

GREENRIDGE Realty Ludington License #6502356674 Listed on: 10/05/2021

Last Buyer's Agent

Bob Budreau

GREENRIDGE Realty Ludington License #6502356674 Listed on: 10/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,014

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 51 x 81
  • Shrub

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,134 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,014

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • 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: 51 x 81
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1134.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1014.0
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Roofing:Shingle: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 1134.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Covered Entrance
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1134.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 292.0

Exterior Features

  • Construction Materials: Other
  • List Price: 30000.0
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition, Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 51 x 81
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1014.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 5, 2021
Sold by
Stewart Douglas G and Stewart Rachael A
Bought by
Dunlap Dennis and Thayer Jacquelyn M
Seller's Agent
Bob Budreau
GREENRIDGE Realty Ludington
Buyer's Agent
Bob Budreau
GREENRIDGE Realty Ludington
List Price
$30,000
Sold Price
$45,000
Premium/Discount to List
$15,000
50%
Current Estimated Value
$137,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,237
Avg. Annual Appreciation
32.43%
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
Dunlap Dennis $45,000 Chicago Title Of Michigan In
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $45,000 +50.0% $40 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $30,000 -- $26 / 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 $1,883 $36,800 $36,800 $0
2024 -- $35,000 $35,000 $0
2023 -- $30,400 $30,400 $0
2022 -- $28,700 $0 $0
2021 -- $27,700 $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

  • Bob Budreau

    Seller's Agent in 2021

    Bob Budreau

    GREENRIDGE Realty Ludington

    (800) 992-7522

    78 in this area

    191 Total Sales

    Bob Budreau
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Map

Source: MichRIC

MLS Number: 21109292

MichRIC

APN: 051-571-016-00

Michigan Mason County Ludington 49431

506 S George St, Ludington, MI

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MichRIC Information is deemed reliable but not guaranteed.
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