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408 7th Street

408 7th Street, Ludington, MI 49431
Property in Ludington
Sold Jun 11, 2021
$156,000
Seller
$124,800 by West Shore Bank
Mortgage
408 7th Street has been categorized by the local assessors in Ludington, MI as a residential type of property. The area measurement of the land has been determined as 16,988 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Finally, the property is currently sourcing its water from none system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 408 7th Street was last sold in Jun 9, 2021 for $156,000. Current property owners are expected to pay $0 in taxes per year. The property on 408 7th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $69,200. To break that down further, the land itself was valued at $69,200. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: FRANK FILERS SUBDIVISION
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRANK FILER'S SUBDIVISION LOTS 7 & 8 BLOCK 3.

Ownership

  • Current Owner : BROOKS ERICH A
  • Previous Owner : FARGO T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ludington Area School District
  • School Tax School District: LUDINGTON
  • School Tax District Code 2: LUDINGTON
  • School Tax District Code 3: LUDINGTON
  • Census Tract: 950500

Geography

  • District: 051
  • Parcel: 051-453-007-00
  • Block: 3
  • Lot: 7-8
  • Municipality: CITY OF LUDINGTON
  • Latitude: 43.9403
  • Longitude: -86.4338

    Address

  • Full Address: 408 7th St
  • Address - House Number: 408
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ludington
  • Carrier Code: C001
  • 4-Digit Zip Code: 2650
  • Zip Code: 49431

Valuation

    Tax

  • Tax Amount: $0
  • Tax Rate Code Area: 051

    Appraisal Valuation

  • Standard Deviation: 0.1467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 70
  • Final Value: 145,369
  • High Value: 166,706
  • Low Value: 124,031

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,800
  • First Open Lien Mortgage Lender: WEST SHORE BANK
  • First Open Lien Mortgage Recording Date: Jun 11, 2021
  • First Open Lien Mortgage Loan Amount: $124,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $138,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,200
  • Assessed Land Value: $69,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11840595499
  • Current Sale Price: $156,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R04216

    Last Sale Mortgage

  • First Mortgage Lender: WEST SHORE BANK
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $124,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Ludington



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 408 7th Street located in?
The 408 7th Street is a located in the neighborhood of Ludington in Ludington, Ludington.
What is the average sales price for listings in 408 7th Street?
The average sales price for units in 408 7th Street is $0 currently.

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