Seller's Agent in 2025
Marjorie Zaccanelli
RE/MAX Michigan
(231) 510-4751
2 in this area
176 Total Sales
720 E Ludington Ave Ludington, MI 49431
--
Bed
--
Bath
--
Sq Ft
8,276
Sq Ft Lot
Highlights
- Forced Air Heating System
- Lakeview Elementary School Rated A-
- Laundry Facilities
About This Home
As of May 2025Stately 3 unit on beautiful Ludington Avenue. Could easily be converted to large home for owner with one bedroom lower apartment for income. NEW ROOF in 2022. Close to downtown activities and Lake Michigan beaches! Well maintained and extensively updated with natural woodwork, French doors, refinished oak floors, many replacement windows, covered porches & large PAVED off street parking area. Huge 1-2 bedroom on main floor rents for $1,100. Upstairs 2 bedroom rents for $950. Lower level one bedroom rents for $750. 3 separate furnaces so tenants pay for heat & gas ranges. Owner pays electric & water. Upper unit gets front porch, main unit gets back covered porch, lower unit gets charming outside patio. Common washer & dryer area. Paved alley to private parking. All apts are leased. Nice!
Last Agent to Sell the Property
RE/MAX Bayshore Manistee License #6501171623 Listed on: 01/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,417
Year Built
- Built in 1920
Lot Details
- 8,400 Sq Ft Lot
- Lot Dimensions are 60 x 140
Home Design
- Composition Roof
- Vinyl Siding
Basement
- Basement Fills Entire Space Under The House
Parking
- 5 Parking Spaces
- Paved Parking
Utilities
- Forced Air Heating System
- Space Heater
- Heating System Uses Natural Gas
- Phone Available
- Cable TV Available
Community Details
- 3 Units
- Laundry Facilities
Listing and Financial Details
- Tenant pays for gas
- The owner pays for trash collection, electricity, water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2025
Closed on
May 27, 2025
Sold by
Zehnder Michael D and Zehnder Allison L
Bought by
Pentwater Prosper Llc
Seller's Agent
Marjorie Zaccanelli
RE/MAX Bayshore Manistee
Buyer's Agent
Paige Sochor
Epique Realty
List Price
$328,000
Sold Price
$291,500
Premium/Discount to List
-$36,500
-11.13%
Views
156
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,687
Avg. Annual Appreciation
0.13%
Original Mortgage
$233,200
Outstanding Balance
$232,604
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$59,203
Purchase Details
Listed on
Nov 21, 2018
Closed on
Dec 20, 2019
Sold by
Nettleman Robert H and Nettleman Maribeth J
Bought by
Zehnder Michael D and Zehnder Allison L
Seller's Agent
Marjorie Zaccanelli
REMAX Bayshore - Manistee
Buyer's Agent
Marjorie Zaccanelli
REMAX Bayshore - Manistee
List Price
$275,000
Sold Price
$220,000
Premium/Discount to List
-$55,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$1
Interest Rate
3.6%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $291,500 | Talon Group Title | |
| Warranty Deed | $220,000 | None Available | |
| Warranty Deed | $220,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $233,200 | New Conventional | |
| Previous Owner | $1 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/22/2025 05/22/25 | Sold | $291,500 | -2.5% | -- | |
| 04/21/2025 04/21/25 | Price Changed | $299,000 | -8.8% | -- | |
| 01/15/2025 01/15/25 | For Sale | $328,000 | +49.1% | -- | |
| 12/20/2019 12/20/19 | Sold | $220,000 | 0.0% | -- | View Prior Sale |
| 12/20/2019 12/20/19 | Sold | $220,000 | -12.0% | $87 / Sq Ft | View Prior Sale |
| 11/11/2019 11/11/19 | Pending | -- | -- | -- | |
| 03/22/2019 03/22/19 | Price Changed | $249,900 | -9.1% | $98 / Sq Ft | |
| 11/21/2018 11/21/18 | For Sale | $275,000 | 0.0% | $108 / Sq Ft | |
| 11/03/2018 11/03/18 | For Sale | $275,000 | -- | -- |
Source: MichRIC
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 | $4,433 | $131,900 | $131,900 | $0 |
| 2024 | -- | $116,400 | $116,400 | $0 |
| 2023 | -- | $97,400 | $97,400 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marjorie Zaccanelli
-
Paige Sochor
P
Buyer's Agent in 2025
Paige Sochor
Epique Realty
(650) 543-2753
4 in this area
45 Total Sales
Map
Source: MichRIC
MLS Number: 25001845
APN: 051-227-002-00
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.
Information is deemed reliable but not guaranteed.
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