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$219,000

Beds
3
Baths
1.0
sq ft
1,081

307 2nd St, Ludington, MI 49431

307 2nd St

Ludington, MI 49431

  • 37 days on market
    • Price drop $20,000↓
This 3 bedroom, 1 bath bungalow style home has everything on the main floor with storage in the upper level. The laundry area is located in the full basement. There is a carport and the backyard is fenced and includes an 8 x 10 storage shed. Located near Copeyan Park and Pere Marquette Lake that leads out to Lake Michigan. Check it out today!!!

Details

Property type

Single Family Residence

Est. home value

$157,207

Lot size

8,276 sq ft

Price per sq ft

$203

Year built

1900

Annual property taxes

$1,699.36

Price History

11/14/2024
Realcomp

Realcomp #67024054469

Price change
$219,000
-8.37%
10/16/2024
Realcomp

Realcomp #67024054469

Listed
$239,000
+206.41%
04/19/2016
Realcomp

Realcomp #67016006579

Sold
$78,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ludington

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$136,189
Asking price
$219,000
Closing costs (~8% of asking)
-$17,520
Est. remaining loan balance
-$65,291
Cash to seller
$136,189

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cason Home Loans

Loan start date

April 2016

Original loan amount

$80,145

Est. remaining balance

$65,291

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Melissa S Edwards

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 2:20 AM

Listing updated: 11/14/2024 at 4:00 PM

Listed by: Greg Vukovich, EXIT Real Estate of Ludington Phone #: (231) 845-5353

MLS: Realcomp #67024054469

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