NOT LISTED FOR SALE

510 N Robert St Ludington, MI 49431

Estimated Value: $247,832 - $344,000

-- Bed
-- Bath
-- Sq Ft
7,280 Sq Ft Lot

Last Sold October 14, 2016

Last sale price $138,000

Est. 113% increase in value since last sale

Current estimated payment $1,996/month

12 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating System
  • High Speed Internet
  • Lakeview Elementary School Rated A-
  • 4 Car Garage

About This Home

As of October 2016

A rare find with lots of options! This beautifully renovated home is located just 5 blocks from the beach! Currently used as a 2 unit home it could easily be converted back to a single family residence. The current owner lives in the spacious 1st floor, 3 bedroom unit complete with a basement. The upper unit, currently rents for $550/month, is also beautifully renovated with 2 bedrooms and a nice open floor plan. Both units have their own private driveway and 1 car garage. The home features new windows, newer roof, updated electrical, updated kitchen and bathroom in lower unit. This could be a great summer home with income from the upper unit or a nice way to off-set a house payment.

Last Agent to Sell the Property

Tanya Lesinski

CENTURY 21 Bayshore License #6501383151 Listed on: 06/17/2016

Last Buyer's Agent

Brian Mulherin

CENTURY 21 Bayshore License #6506048919

CENTURY 21 Bayshore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1910

Lot Details

  • 7,280 Sq Ft Lot
  • Lot Dimensions are 70x104
  • Corner Lot: Yes

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • 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

$2,400

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 70x104
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2400.0
  • 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
  • Lot Description:Corner Lot: 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 144900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7280.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2400.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2016
Closed on
Sep 30, 2016
Sold by
Ashton Kathy J
Bought by
Williams Richard L
Seller's Agent
Tanya Lesinski
CENTURY 21 Bayshore
Buyer's Agent
Brian Mulherin
CENTURY 21 Bayshore
List Price
$144,900
Sold Price
$138,000
Premium/Discount to List
-$6,900
-4.76%
Current Estimated Value
$294,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,272
Avg. Annual Appreciation
9.43%
Original Mortgage
$117,300
Outstanding Balance
$75,825
Interest Rate
3.5%
Estimated Equity
$229,633

Purchase Details

Closed on
Aug 28, 2014
Sold by
Duncan Shana and English Shana
Bought by
Ashton Kathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
4.11%

Purchase Details

Closed on
Sep 6, 2011
Sold by
Holmess Douglas R and Holmess Sarah R
Bought by
English Shana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1997
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
Williams Richard L $138,000 None Available
Ashton Kathy J $128,000 None Available
English Shana -- None Available
-- $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Richard L $117,300
Previous Owner Ashton Kathy J $108,800
Previous Owner English Shana $108,000
Previous Owner English Shana $6,750
Previous Owner English Shana $110,000
Previous Owner Holmes Douglas R $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $138,000 -4.8% --
06/29/2016 06/29/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $144,900 -- --
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 $4,619 $130,000 $130,000 $0
2024 -- $112,400 $112,400 $0
2023 -- $101,300 $101,300 $0
2022 -- $89,400 $0 $0
2021 -- $84,200 $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: 16030607

Southwestern Michigan Association of REALTORS®

APN: 051-100-264-00