NOT LISTED FOR SALE

720 E Ludington Ave Ludington, MI 49431

Estimated Value: $265,764 - $326,000

Studio
-- Bath
-- Sq Ft
8,400 Sq Ft Lot Lot

Sale Details

Date Sold: May 22, 2025

Last sale price $291,500

Est. 1% increase in value since last sale

Current estimated payment $1,938 / mo

105 Days on Market

Highlights

  • Forced Air Heating System
  • Lakeview Elementary School Rated A-
  • Laundry Facilities

About This Home

As of May 2025

Stately 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

Marjorie Zaccanelli

RE/MAX Bayshore Manistee License #6501171623 Listed on: 01/15/2025

RE/MAX Bayshore Manistee

Last Buyer's Agent

Paige Sochor

Epique Realty License #6501457034

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,417

Year Built

Built in 1920

Lot Details

8,400 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • 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
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Heat Type:Space Heater: Yes
  • Laundry Features Common Area: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 299000.0
  • 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
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 60 x 140
  • Lot Size Sq Ft: 8400.0

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4417.21
  • Tax Year: 2024

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
$293,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,441
Avg. Annual Appreciation
0.86%
Original Mortgage
$233,200
Outstanding Balance
$232,604
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$61,337

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Pentwater Prosper Llc $291,500 Talon Group Title
Zehnder Michael D $220,000 None Available
Zehnder Michael D $220,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Pentwater Prosper Llc $233,200
Previous Owner Zehnder Michael D $1
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

    Seller's Agent in 2025

    Marjorie Zaccanelli

    RE/MAX Michigan

    (231) 510-4751

    2 in this area

    170 Total Sales

    Marjorie Zaccanelli
    Section Image

  • P

    Buyer's Agent in 2025

    Paige Sochor

    Epique Realty

    (650) 543-2753

    4 in this area

    50 Total Sales

    Paige Sochor
    Section Image
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Map

Source: MichRIC

MLS Number: 25001845

MichRIC

APN: 051-227-002-00

Michigan Mason County Ludington 49431

720 E Ludington Ave, Ludington, MI

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 2026 MichRIC, LLC. All rights reserved.

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