2 months on rocket

502 Loomis St, Ludington, MI, 49431

$1,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,980 SqFt
$186/SqFt
House

Location

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502 Loomis St, Ludington$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1988
HeatingNatural Gas, Forced Air
CoolingCentral Air
WaterfrontLake
MLS #67024046993
Lot Size0.06 Acres
StatusActive

About 502 Loomis St

Discover the unparalleled potential of this expansive 6,980 sq ft building, on four city lots, currently the Crown and Cork, in the vibrant heart of Ludington. With sweeping views of the marina and picturesque Pere Marquette Lake, this is your chance to create something extraordinary.Whether you envision a luxurious single-family home or a modern condo development, this property provides a canvas for your creative vision, Immerse yourself in the local lifestyle with easy walking access to dining, boutique shopping, and the pristine shores of Lake Michigan. Buyer to verify all data.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1988
  • Stories: 1
  • Living Area: 6,980 SqFt

Listing Office:

  • Office Name: CENTURY 21 Bayshore
  • Office Phone: (231) 845-0363
  • Listing Agent: Debbie Bush

Interior Features

Interior Information:

  • Interior: Cable Available

Exterior Features

Exterior Information:

  • Waterfront: Lake

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On the corner of S Lewis and Loomis

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $186/SqFt
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Housing Market Comparison

See how this home compares to others in Ludington, MI.

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Ludington, MI

City

Med. Sold Price

$295K

Med. Price/SqFt

$218

Avg. Days On Market

49

# of Sold Homes

15

502 Loomis St vs Ludington

77 DAYS ON ROCKET

+28 Days

$1,300,000

+$1.0M More

$186/SqFt

-$33 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $33/SqFt less than other homes in Ludington, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Mason Oceana Manistee Board of REALTORS®
  • MLS Number: #67024046993

Listing Office:

  • Office Name: CENTURY 21 Bayshore
  • Office Phone: (231) 845-0363
  • Listing Agent: Debbie Bush

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-808754
6
/10

  • Foster School

  • 505 E Foster St

  • 0.09 miles

  • Public District Grades 3-5

school-card-donut-808755
4
/10

  • Mason County Central Upper Elementary School

  • 505 W Maple Ave

  • 7.68 miles

  • Public District Grades 3-5

school-card-donut-808756
5
/10

  • Mason County Eastern Elementary School

  • 18 S Main St

  • 11.19 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,250. Residents of Ludington, MI typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Loomis St

What is the listing price of this property?

The listing price of 502 Loomis St property is $1,300,000.

What type of property is this?

The property 502 Loomis St is a house located in Ludington, Michigan, 49431.

Is this property for sale now?

Active Listing: 502 Loomis St is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 502 Loomis St is 6,980 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Loomis St is 1988.

Rocket Homes›Michigan›Mason County›Ludington›49431›502 Loomis St

This home is located at 502 Loomis St in Ludington, MI and zip code 49431. This 6,980 square foot home, which was built in 1988, sits on a 0.06 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $1,300,000.

In October 2024, from all listings sold in Ludington, MI there were more than 2 sold above asking price, over 12 sold below and more than 1 were sold right at the asked price. In October 2024 in Ludington, MI there were 16.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $295,000.

From Rocket Homes Real Estate and based on county public records data.

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