6 months on rocket

706 W Loomis St, Ludington, MI, 49431

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
Multi

Location

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706 W Loomis St, Ludington$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingUnpaved
Year Built1910
HeatingBaseboard, Electric, Forced Air, Natural Gas
CoolingWindow Unit(s)
BasementYes
ViewWater
MLS #67024027932
Lot Size0.19 Acres
StatusActive

About 706 W Loomis St

Great family retreat or 2 unit rental home with a view of the Municipal Marina, 2 blocks to the beach and downtown Ludington. The two units are currently used as rentals and are grandfathered in by the city for daily, weekly or monthly rentals. Fully furnished and booked very solid for the rest of the Summer if you wish to continue to rent the units it is a turn key operation. For additional pictures and information https://www.ludingtoncottagerentals.com/the-dock-house

Property Details

Property Features

Property Information:

  • Year Built: 1910

Listing Office:

  • Office Name: Homewaters, LLC
  • Office Phone: (877) 820-1194
  • Listing Agent: Sean McDonald

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • View: Water

Parking Information:

  • Parking: Unpaved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Ludington Avenue west of downtown, South on Ferry West on Loomis to home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
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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

$181

Avg. Days On Market

74

# of Sold Homes

12

706 W Loomis St vs Ludington

200 DAYS ON ROCKET

+126 Days

$450,000

+$155K More

KEY TAKEAWAY

This property is $155K more than the Median Sold Price 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: #67024027932

Listing Office:

  • Office Name: Homewaters, LLC
  • Office Phone: (877) 820-1194
  • Listing Agent: Sean McDonald

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: 12/18/2024, 12:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 10, 2018Home Sold
$215,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $103,200
2020 - $94,000
2019 - $91,600
2018 - $65,000
2017 - $64,600

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-4530449
6
/10

  • Foster School

  • 505 E Foster St

  • 0.78 miles

  • Public District Grades 3-5

school-card-donut-4530450
4
/10

  • Mason County Central Upper Elementary School

  • 505 W Maple Ave

  • 8.43 miles

  • Public District Grades 3-5

school-card-donut-4530451
5
/10

  • Mason County Eastern Elementary School

  • 18 S Main St

  • 11.94 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 $27,417. Residents of Ludington, MI typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Mason County›Ludington›49431›706 W Loomis St

This home is located at 706 W Loomis St in Ludington, MI and zip code 49431. This home, which was built in 1910, sits on a 0.19 acre lot. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $450,000.

In November 2024 more than 3 listings in Ludington, MI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 8 were sold below. The inventory of homes for sale in Ludington, MI between October 2024 and November 2024 decreased by 6.6%. In November 2024 median list price was $295,000 and the average listing age was 74 days.

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

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