$438,000
UNDER CONTRACT $52K PRICE DROP

706 W Loomis St Ludington, MI 49431

Estimated payment $2,807/month

Total Views 20,861
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Water Views
  • 1 Fireplace
  • Forced Air Heating System
  • Lakeview Elementary School Rated A-
  • Window Unit Cooling System
  • 4-minute walk to Rotary Park

About This Home

Back on the market with repaired porch/soffits and rentals in already in place for Summer 2025. Great family retreat or 2 unit rental home with a view of the Municipal Marina, 2 blocks to the beach and downtown Ludington. The two units are currently used as rentals and are grandfathered in by the city for daily, weekly or monthly rentals. Fully furnished and booked very solid for the rest of the Summer if you wish to continue to rent the units it is a turn key operation. For additional pictures and information

Listing Agent

Sean McDonald

Homewaters, LLC License #6â00B5â00B0â00B1â00B3â00B0â00B2â00B0â00B9â00B7 Listed on: 06/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,818

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 61x141x62x141
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1 Fireplace
  • Water Views
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Location

  • Mineral Rights Excluded

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,818

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: 61x141x62x141
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • 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
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Driveway:Unpaved: Yes
  • Mineral Rights:No: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Heat Type:Baseboard: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features In Basement: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Shingle Siding, Wood Siding
  • List Price: 438000.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Shingle Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Forced Air
  • Heating: Yes
  • Laundry Features: In Basement, Main Level
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Cable Connected
  • Heat Source:Electric2: Yes

Association/Amenities

  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 61x141x62x141
  • Lot Size Sq Ft: 8276.0

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5818.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,416 $156,600 $156,600 $0
2024 -- $143,400 $143,400 $0
2023 -- $127,600 $127,600 $0
2022 -- $112,200 $0 $0
2021 -- $103,200 $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

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Price Changed $438,000 0.0% --
06/04/2025 06/04/25 For Sale $438,000 -2.7% --
04/27/2025 04/27/25 Off Market $450,000 -- --
12/06/2024 12/06/24 Price Changed $450,000 0.0% --
10/08/2024 10/08/24 Off Market $1,500 -- --
10/01/2024 10/01/24 For Rent $900 -40.0% --
09/26/2024 09/26/24 Price Changed $1,500 0.0% $1 / Sq Ft
08/21/2024 08/21/24 Price Changed $470,000 -4.1% --
06/04/2024 06/04/24 For Sale $490,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $215,000 Lighthouse Title
Warranty Deed $39,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24027932

Southwestern Michigan Association of REALTORS®

APN: 051-105-281-00