NOT LISTED FOR SALE

706 E Loomis St Ludington, MI 49431

Estimated Value: $202,000 - $235,000

2 Beds
1 Bath
-- Sq Ft
8,400 Sq Ft Lot

Last Sold January 08, 2018

Last sale price $215,000

Current estimated payment $1,239/month

41 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Level Lot
  • Lakeview Elementary School Rated A-
  • Baseboard Heating
  • Wood Siding

About This Home

As of January 2018

Investment Opportunity! This highly successful 2 unit is grandfathered in by the city for Daily/Weekly/Monthly rentals. There are very few of these around and even fewer available. Just 2 blocks from the Ludington Beach and blocks from downtown, this is in the prime place. Across from the city marina and 2 blocks from the public boat launch for Lake Michigan. It has a solid rental history at $250/night for the down stairs unit and $125/night for the upstairs. Winter monthly rates of $900 for the upstairs unit and $1500 for the down stairs unit. It has the possibility for much more. Do not miss out on this unique opportunity.

Last Agent to Sell the Property

Random Messeder

LIGHTHOUSE REALTY-Ludington License #6501380117 Listed on: 10/21/2017

Last Buyer's Agent

Greg Vukovich

EXIT Real Estate of Ludington License #6501311163

EXIT Real Estate of Ludington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1910

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60 x 140
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Shingle Siding

Parking

  • 3 Parking Spaces
  • Unpaved Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Mineral Rights Excluded

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,446

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: 60 x 140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2446.0
  • 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
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Mineral Rights:No: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Heat Type:Baseboard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding, Shingle Siding
  • List Price: 224900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Shingle Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Electric, Forced Air, Baseboard
  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Public
  • Heat Source:Electric2: Yes

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, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2446.0
  • Tax Year: 2017

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

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2018 01/08/18 Sold $215,000 -4.4% --
12/01/2017 12/01/17 Pending -- -- --
10/21/2017 10/21/17 For Sale $224,900 -- --
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 $1,324 $87,400 $87,400 $0
2024 -- $79,700 $79,700 $0
2023 -- $68,300 $68,300 $0
2022 -- $57,100 $0 $0
2021 -- $52,600 $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

  • R

    Seller's Agent in 2018

    Random Messeder

    LIGHTHOUSE REALTY-Ludington

    (231) 425-8753

    48 in this area

    140 Total Sales

    Random Messeder
    Section Image

  • G

    Buyer's Agent in 2018

    Greg Vukovich

    EXIT Real Estate of Ludington

    (231) 233-7777

    17 in this area

    49 Total Sales

    Greg Vukovich
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 17052765

MichRIC

APN: 051-328-009-50

Michigan Mason County Ludington 49431

706 E Loomis St, Ludington, MI

This home is located at 706 E Loomis St, Ludington, MI 49431 since 21 October 2017 and is currently estimated at $215,326. This property was built in 1910. 706 E Loomis 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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes