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$494,000

Beds
3
Baths
2.0
sq ft
1,573

620 N Lakeshore Dr, Ludington, MI 49431

620 N Lakeshore Dr

Ludington, MI 49431

  • 28 days on market
    • Price drop $5,000↓
Beautiful beach house in the city of Ludington - Located across the street from Lake Michigan & only 1.5 blocks from the entrance to Stearns Park public beach. This inviting & recently renovated, 3 bedroom, 2 full bath home is ready for your family. You will enjoy relaxing in your family room, living room, den or out back on the new patio! Have coffee in the enclosed porch every morning and walk to the beach every evening to watch Lake Michigans breathtaking sunsets! Updated kitchen, main floor laundry. Plenty of room for storage in this home! Situated on a 120 x 107 lot with 2 driveway access points. Great for primary home or vacation home. Has been used as a weekly rental since 2022 with great income return. ALL furnishings and items in home can be included with acceptable offer.

Details

Property type

Single Family Residence

Est. home value

$439,643

Lot size

1,307 sq ft

Price per sq ft

$315

Year built

1884

Annual property taxes

$5,428.61

Price History

09/09/2024
Realcomp

Realcomp #67024043570

Price change
$494,000
-1%
08/20/2024
Realcomp

Realcomp #67024043570

Listed
$499,000
+29.61%
06/16/2022
Realcomp

Realcomp #67022017315

Sold
$385,000
+126.47%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ludington

Seller’s Loan History

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

Lender

West Shore Bank

Loan start date

April 2023

Original loan amount

$175,000

Est. remaining balance

Not provided

Interest rate

6.73%

Loan type

Not Provided

Seller

Fricke Property Investments Llc and Sarah Fricke

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: 09/18/2024 at 12:45 AM

Listing updated: 09/09/2024 at 2:41 PM

Listed by: Lori Dickenson, LIGHTHOUSE REALTY-Ludington Phone #: (231) 845-7500

MLS: Realcomp #67024043570

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