NOT LISTED FOR SALE

723 E Danaher St Ludington, MI 49431

Estimated Value: $121,776 - $192,000

4 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold December 03, 2018

Last sale price $62,500

Est. 137% increase in value since last sale

Current estimated payment $935/month

40 Days on Market

About This Home

As of December 2018

Very motivated sellers. Both units are 2 bedroom with 1 bath. Downstairs unit has full basement with washer and dryer hookups. Has a great history of long term renters.

Last Agent to Sell the Property

Michael Healy

CENTURY 21 Bayshore License #650140206 Listed on: 09/05/2018

CENTURY 21 Bayshore

Last Buyer's Agent

Brian Riley

GREENRIDGE Realty Ludington License #6501373860

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1910

Lot Details

  • 5,619 Sq Ft Lot

Parking

  • 2 Parking Spaces

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1910

Lot Details

5,619 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 65000.0
  • Number of Buildings: 2
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Natural Gas, Hot Water
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5619.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1774.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Dec 3, 2018
Sold by
Hamilton Brian R and Hamilton Martha J
Bought by
Henry Kyle and Mead-Henry Naiomi
Seller's Agent
Michael Healy
CENTURY 21 Bayshore
Buyer's Agent
Brian Riley
GREENRIDGE Realty Ludington
List Price
$65,000
Sold Price
$62,500
Premium/Discount to List
-$2,500
-3.85%
Current Estimated Value
$148,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,694
Avg. Annual Appreciation
12.63%
Original Mortgage
$50,000
Outstanding Balance
$44,051
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,143

Purchase Details

Closed on
Oct 12, 2006
Sold by
Matthews Raymond L and Estate Of Suzi M Wagner
Bought by
Matthews Raymond L

Purchase Details

Closed on
Jun 1, 1998
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Henry Kyle $62,500 --
Matthews Raymond L -- None Available
-- $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Kyle $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2018 12/03/18 Sold $62,500 -3.8% --
10/15/2018 10/15/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $65,000 -- --
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 $2,065 $60,400 $60,400 $0
2024 -- $55,900 $55,900 $0
2023 -- $50,300 $50,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18043800

MichRIC

APN: 051-332-022-50

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