NOT LISTED FOR SALE

Estimated Value: $151,000 - $282,404

3 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: October 17, 2024

Last sale price $240,000

Est. 6% decrease in value since last sale

Current estimated payment $1,223 / mo

73 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • High Speed Internet
  • Laundry Room
  • 4 Car Garage
  • Level Lot

About This Home

As of October 2024

Great Investment Opportunity with this updated 2 unit in the City of Ludington! Newer vinyl siding, roof and furnace. Ground floor unit 1 has very spacious 1 bedroom, 1 bath, w/private laundry room Stainless Appliances in the Main Unit 1. Upper unit 2 has 2 bedrooms, 1 bath w/private laundry. Full, unfinished basement, (Has potential for another Studio unit). 2 car detached garage with paved parking off the alley; plenty of spaces for tenant parking. Nice size lot. A Large covered porch off Kitchen of Unit 1 Main level offers plenty of relaxing extra space. Close to Downtown, Hospitals and Easy walk/Bike to Lake Michigan. Live in one Unit while renting the other, or easily convert the property to a single family residence to fit your family needs. Investment Opportunity for this nice * 2 unit complex today! A MUST SEE PROPERTY. *NEW WINDOWS
*NEW UPPER UNIT 2 RE CARPETED THROUGHOUT (2021)
*NEW FLOORING (2021)
*NEW CEILING FANS UNIT 2: (2021)
*SEPARATE NATURAL GAS METERS AND ELECTRICAL METERS FOR EACH UNIT.
*NEW PAINT IN BOTH UNIT 1 AND UNIT 2 (2021)

Last Agent to Sell the Property

Michelle Hernandez Sarto

Five Star RE Ludington License #6501400824 Listed on: 05/27/2024

Last Buyer's Agent

Michelle Sarto

LIGHTHOUSE REALTY-Ludington License #6501400824

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,669

Year Built

  • Built in 1930

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Level Lot

Home Design

  • Brick or Stone Mason
  • Composition Roof
  • Concrete Siding
  • Vinyl Siding
  • Stone

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Bathroom

Basement

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

Parking

  • 4 Car Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,669

Year Built

Built in 1930

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R2A
  • 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
  • Extras:Sep Gas Meter: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features In Basement: 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
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 3668.73
  • Util Avail at Street:High Speed Internet: Yes
  • Remarks Misc: Public Remarks: Great Investment Opportunity with this updated 2 unit in the City of Ludington! Newer vinyl siding, roof and furnace. Ground floor unit 1 has very spacious 1 bedroom, 1 bath, w/private laundry room Stainless Appliances in the Main Unit 1. Upper unit 2 has 2 bedrooms, 1 bath w/private laundry. Full, unfinished basement, (Has potential for another Studio unit). 2 car detached garage with paved parking off the alley; plenty of spaces for tenant parking. Nice size lot. A Large covered porch off Kitchen of Unit 1 Main level offers plenty of relaxing extra space. Close to Downtown, Hospitals and Easy walk/Bike to Lake Michigan. Live in one Unit while renting the other, or easily convert the property to a single family residence to fit your family needs. Investment Opportunity for this nice *
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Other
  • Basement: Yes
  • Laundry Features:In Bathroom: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Concrete, Stone, Vinyl Siding
  • List Price: 259000.0
  • Lot Features: Level, 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
  • Exterior Material:Stone: Yes
  • Exterior Material:Concrete: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement, In Bathroom, In Unit, Laundry Room, Main Level, See Remarks
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 60x140
  • Lot Size Sq Ft: 8276.0
  • Zoning Description: R2A

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3668.73
  • Tax Year: 2023

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2024
Closed on
Oct 16, 2024
Sold by
Coleman Michael D and Coleman Leslee L
Bought by
Seller's Agent
Michelle Hernandez Sarto
Five Star RE Ludington
Buyer's Agent
Michelle Hernandez Sarto
Five Star RE Ludington
List Price
$270,000
Sold Price
$240,000
Premium/Discount to List
-$30,000
-11.11%
Views
95
Current Estimated Value
$226,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,899
Avg. Annual Appreciation
-3.17%
Original Mortgage
$228,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2024
Closed on
Sep 11, 2024
Sold by
Mary E Stahelin Trust and Stahelin Mary E
Bought by
Coleman Michael D and Coleman Leslee L
Seller's Agent
Michelle Hernandez Sarto
Five Star RE Ludington
Buyer's Agent
Michelle Hernandez Sarto
Five Star RE Ludington
List Price
$270,000
Sold Price
$240,000
Premium/Discount to List
-$30,000
-11.11%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1995
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ludington, MI

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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
$240,000 Lakeshore Land Title
Coleman Michael D $180,000 Lakeshore Land Title
-- $45,000 --
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 $243,096
Closed Tata Brandon $228,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2024 10/17/24 Sold $240,000 -7.3% --
08/08/2024 08/08/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $259,000 -2.2% --
07/04/2024 07/04/24 Price Changed $264,750 -0.1% --
06/24/2024 06/24/24 Price Changed $265,000 -1.7% --
06/17/2024 06/17/24 Price Changed $269,600 -0.1% --
06/09/2024 06/09/24 Price Changed $269,750 -0.1% --
05/27/2024 05/27/24 For Sale $270,000 +50.0% --
10/08/2021 10/08/21 Sold $180,000 -32.1% -- View Prior Sale
08/06/2021 08/06/21 For Sale $265,000 -- --
Source: MichRIC

Tax 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.

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
2026 $270 $91,000 $91,000 $0
2025 $3,852 $88,000 $88,000 $0
2024 -- $85,400 $85,400 $0
2023 -- $71,000 $71,000 $0
2021 $1,476 $53,400 $0 $0
2020 $1,476 $53,200 $0 $0
Source: Public Records

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Map

Source: MichRIC

MLS Number: 24026429

MichRIC

APN: 051-330-012-00

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