NOT LISTED FOR SALE

7307 Michigan 116 Ludington, MI 49431

Estimated Value: $344,000 - $403,000

3 Beds
2.5 Baths
3,000 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $287,000 $96 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,298/month

195 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Porch
  • Ludington High School Rated 9+
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of May 2024

Here is a rare opportunity to own a home within walking distance of Lake Michigan. Situated on over an acre lot, this home offers over 2500 square feet, 3 bedrooms, 2 baths with one additional quarter bath, and a finished basement. This home is just over a quarter mile away from the Dunes of Lake Michigan and Hamlin Lake which is known for its clean sandy bottom water and excellent fishing. Lincoln Hills Golf Club is a stones throw from this house, along with Stix bowling and dining that offers great food, music and fun. Within minutes you will find yourself downtown Ludington, a charming town that sets on the shore of Lake Michigan, with so much to offer from miles of beaches, shops, dining and more. Ludington is a destination area and this house would make a great opportunity for a rental or air bnb investment. Short term rentals are allowed upon township approval. This home has been loved by the same owners for over 30 years and is ready for someone to make it their own.

Last Agent to Sell the Property

Marissa Spencer

Berkshire Hathaway Homeservices - TC License #6501408056 Listed on: 10/18/2023

Berkshire Hathaway Homeservices - TC

Last Buyer's Agent

Non Member Office

NON-MLS MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,172

Year Built

  • Built in 1985

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Wood Burning Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • Lincoln Hills Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,172

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 1985
  • Construction: 2x6 Framing
  • Section Number: 36
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12x15, Flooring: None
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 12x15, Flooring: None
  • Living Room: Dimensions: 14x22, Flooring: None
  • Estimated Above Ground Finished Sq Ft: 2500
  • Estimated Below Grade Finished Sq Ft: 500
  • Price Per Sq Ft: 95.67
  • Range: R 10E
  • Total Finished Sf Apx: 3000

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Porch
  • Exterior Finish: Vinyl
  • Foundation: Partial, Crawl Space
  • Number Of Acres: 1
  • Road: Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Wood
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Lincoln Hills

Schools

  • School District: Ludington Area School District

Lot Info

  • Land Features: Wooded, Level
  • Lot Dimensions: see attached
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Unknown

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Ludington Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
May 19, 2024
Sold by
Rentenbach Delores Mae and Esmont Kimberly
Bought by
Hendriksen David Paul and Aukeman Jerod
Seller's Agent
Marissa Spencer
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Non Member Office
NON-MLS MEMBER OFFICE
List Price
$385,000
Sold Price
$287,000
Premium/Discount to List
-$98,000
-25.45%
Views
629
Current Estimated Value
$381,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,777
Avg. Annual Appreciation
20.08%

Purchase Details

Closed on
Aug 11, 2023
Sold by
Esmont Kimberly D and Rentenbach William T
Bought by
Esmont Kimberly D

Purchase Details

Closed on
Oct 1, 1995
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hendriksen David Paul $287,000 Title Resource Agency
Esmont Kimberly D $139,500 None Listed On Document
-- $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rentenbach William J $279,892
Previous Owner Rentenbach Wililiam J $276,236
Previous Owner Rentenbach William J $261,813
Previous Owner Rentenbach William J $232,070
Previous Owner Rentenbach William J $230,859
Previous Owner Rentenbach William $165,300
Previous Owner Rentenbach William J $192,800
Previous Owner Rentenbach William J $20,000
Previous Owner Rentenbach William J $144,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Off Market $287,000 -- --
05/17/2024 05/17/24 Sold $287,000 -4.3% $96 / Sq Ft
12/08/2023 12/08/23 Price Changed $300,000 -16.7% $100 / Sq Ft
11/06/2023 11/06/23 Price Changed $360,000 -6.5% $120 / Sq Ft
10/18/2023 10/18/23 For Sale $385,000 -- $128 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $3,172 $174,400 $174,400 $0
2024 -- $178,300 $178,300 $0
2023 -- $150,100 $150,100 $0
2022 -- $127,100 $0 $0
2021 -- $130,400 $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

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1916911

Northern Great Lakes REALTORS® MLS

APN: 007-340-036-00