NOT LISTED FOR SALE

508 N Delia St Ludington, MI 49431

Estimated Value: $229,000 - $256,000

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold February 19, 2016

Last sale price $95,000

Est. 160% increase in value since last sale

Current estimated payment $1,594/month

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • High Speed Internet
  • Ludington High School Rated 9+

About This Home

As of February 2016

This home is affordable and has all the space you have been looking for! Previously used as a two unit income property with an upper and lower apartment. With an acceptable offer the owners are willing to transform this lovely house back to its original state as a single family home with 5 bedrooms and 2 full bathrooms. Excellent location, close to downtown and Ludington area schools. Spacious kitchen all appliances included, with separate dining room. This home is clean and bright! There are 2 nicely sized main floor bedrooms and a full bath; upstairs has a second full bath, 2 bedrooms, living area & kitchen (can convert back to a bedroom). Large private fenced back yard, with a newer deck for outdoor living. Nice 1 car garage, storage shed and ample parking. This home is a great buy!

Last Agent to Sell the Property

Mary Jo Pung

CENTURY 21 Bayshore Listed on: 04/21/2016

Last Buyer's Agent

Mary Jo Pung

Greenridge Realty S Rath License #6502373040

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Partial Basement

Parking

  • 4 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1902
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2388.77
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 119000.0
  • Lot Features: Sidewalk
  • 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
  • Unit 1:Garage4: Yes

Utilities

  • Heating: Wall Furnace, Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2388.77
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
Feb 19, 2016
Sold by
Historic Buildings Llc
Bought by
Dybdahl Adam and Dybdahl Jessica
Seller's Agent
Mary Jo Pung
CENTURY 21 Bayshore
Buyer's Agent
Mary Jo Pung
Greenridge Realty S Rath
List Price
$139,000
Sold Price
$95,000
Premium/Discount to List
-$44,000
-31.65%
Current Estimated Value
$246,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,635
Avg. Annual Appreciation
10.38%
Original Mortgage
$71,250
Outstanding Balance
$56,540
Interest Rate
3.81%
Estimated Equity
$190,095

Purchase Details

Listed on
May 4, 2011
Closed on
Mar 22, 2012
Sold by
Schipper Todd M and Schipper Lauren T
Bought by
Historic Building Llc
Seller's Agent
Bob Budreau
GREENRIDGE Realty Ludington
Buyer's Agent
Mary Jo Pung
Greenridge Realty S Rath
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%

Purchase Details

Closed on
Oct 31, 2003
Sold by
Schipper Max and Schipper Sonja
Bought by
Schipper Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1999
Sold by
Wessendorf Jeffrey E
Bought by
Schipper Max and Schipper Sonja

Purchase Details

Closed on
Oct 1, 1996
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
Dybdahl Adam -- Lighthouse Title Inc
Historic Building Llc -- Lighthouse Title Inc
Schipper Todd M $68,800 Michigan Bankers Title
Schipper Max $77,500 --
-- $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dybdahl Adam $71,250
Previous Owner Schipper Todd M $68,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2016 04/21/16 For Sale $139,000 +46.3% --
02/19/2016 02/19/16 Sold $95,000 +18.8% --
12/30/2015 12/30/15 Pending -- -- --
03/22/2012 03/22/12 Sold $80,000 -11.0% -- View Prior Sale
03/22/2012 03/22/12 Pending -- -- --
05/04/2011 05/04/11 For Sale $89,900 -- --
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 $3,493 $87,700 $87,700 $0
2024 -- $79,500 $79,500 $0
2023 -- $71,700 $71,700 $0
2022 -- $64,900 $0 $0
2021 $1,475 $61,500 $0 $0
2020 $1,475 $51,200 $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: 15001505

Southwestern Michigan Association of REALTORS®

APN: 051-205-065-00