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605 South James Street

605 South James Street, Ludington, MI 49431
Commercial in Ludington
1 Units For Sale
Unit for sale at 605 S James Street, Ludington, MI 49431

$165,000

  • Commercial
605 S James Street, Ludington, MI 49431 Listing by Brian Mulherin

This has been categorized as a commercial property type. In total, the area measurement of the land is 8,276 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 605 South James Street sold most recently in Mar 1, 1999 for a total of $40,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 605 South James Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $51,900. If we break it down further, the land itself was valued at $51,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

Block Exterior
Metal Exterior

Parking

Paved Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210301
03/01/2021
Loft
-
1550 ft²
$575,000
bedrooms
Loft
bathrooms
-
square feet
1550 ft²
-
-
-
Pamela Buck
LIGHTHOUSE REALTY-Ludington

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 8,276
  • 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

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: ORIGINAL - LUDINGTON
  • Land Acres: 0.19
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: ORIGINAL PLAT S 1/2 OF LOTS 7 & 8 BLOCK 75.

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

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: 051-575-008-00
  • Block: 75
  • Lot: 7-8
  • Municipality: CITY OF LUDINGTON
  • Latitude: 43.9501
  • Longitude: -86.4475

    Address

  • Full Address: 605 S James St
  • Address - House Number: 605
  • Street Direction: S
  • Address - Street Name: James
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ludington
  • Carrier Code: C001
  • 4-Digit Zip Code: 2327
  • Zip Code: 49431

Valuation

    Tax

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

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $48,457
  • First Open Lien Mortgage Lender: TCF NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jul 27, 2020
  • First Open Lien Mortgage Loan Amount: $48,457
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jul 27, 2050

    Market Valuation

  • Market Total Value: $103,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,900
  • Assessed Land Value: $51,900

    Sales

  • Current Sale Contract Date: Mar 01, 1999
  • Current Sale Recording Date: Mar 01, 1999
  • Current Sale Transaction ID: 1676897075
  • Current Sale Price: $40,000
  • Current Sale Document Type: Warranty Deed

About Ludington



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 605 South James Street located in?
The 605 South James Street is a commercial located in the neighborhood of Ludington in Ludington, Ludington.
How many listings are currently for sale in 605 South James Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 605 South James Street?
The average sales price for units in 605 South James Street is $165,000 currently.

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