6 months on rocket

7307 M-116, Ludington, MI, 49431

$300,000

Home List Price

$3,563*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,000 SqFt
$100/SqFt
House
Schools Nearby

Location

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7307 M-116, Ludington$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Attached
Attached Garage2 spaces
Year Built1985
HeatingNatural Gas, Forced Air
CoolingNatural Gas, Central Air
WaterfrontNone
FireplaceWood
MLS #1916911
Lot Size1.00 Acres
StatusActive
(Active U/C Taking Backups)

About 7307 M-116

Here is a rare opportunity to own a home within walking distance of Lake Michigan. Situated on over an acre lot, this home offers over 2500 square feet, 3 bedrooms, 2 baths with one additional quarter bath, and a finished basement. This home is just over a quarter mile away from the Dunes of Lake Michigan and Hamlin Lake which is known for its clean sandy bottom water and excellent fishing. Lincoln Hills Golf Club is a stones throw from this house, along with Stix bowling and dining that offers great food, music and fun. Within minutes you will find yourself downtown Ludington, a charming town that sets on the shore of Lake Michigan, with so much to offer from miles of beaches, shops, dining and more. Ludington is a destination area and this house would make a great opportunity for a rental or air bnb investment. Short term rentals are allowed upon township approval. This home has been loved by the same owners for over 30 years and is ready for someone to make it their own.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1985
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway Homeservices Michigan - TC
  • Listing Agent: Marissa Spencer

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher
  • Interior: Other
  • Fireplace: Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Deck, Other, Porch, Vinyl

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Blacktop, Attached

Lot Features

Lot Information:

  • Lot: Wooded, Level
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Natural Gas, Central Air

School Info

Assigned Schools Information:

  • Ludington High School, Public Magnet Grades 9-12
  • O.J. Dejonge Middle School, Public Magnet Grades 6-8
  • Foster School, Public Magnet Grades 3-5

Other

Directions Information:

  • Directions: From 10, turn right onto Jebavy Dr, in 2 miles turn left onto Jagger Rd, in 2 more miles turn right on N Lakeshore Dr, home is .6 miles down Lakeshore Dr on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $100/SqFt
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Housing Market Comparison

See how this home compares to others in Ludington, MI.

Med. Sold Price

$292K

Med. Price/SqFt

$212

Avg. Days On Market

38

# of Sold Homes

15

7307 M-116 vs Ludington

195 DAYS ON ROCKET

+157 Days

$300,000

+$8K More

$100/SqFt

-$113 Less

KEY TAKEAWAY

This property is $8K more than the Median Sold Price and $113/SqFt less than other homes in Ludington, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1916911

Listing Office:

  • Office Name: Berkshire Hathaway Homeservices Michigan - TC
  • Listing Agent: Marissa Spencer

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 4:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,565

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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.

Elementary School

school-card-donut-4532905
5
/10
  • Foster School

  • 505 E Foster St

  • 2.92 miles

  • Public Magnet Grades 3-5

Middle School

school-card-donut-4532906
5
/10
  • O.J. Dejonge Middle School

  • 706 E Tinkham Ave

  • 2.32 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4532907
6
/10
  • Ludington High School

  • 508 N Washington Ave

  • 2.45 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,198. Residents of Ludington, MI typically earn less than $35k each year. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7307 M-116

What is the listing price of this property?

The listing price of 7307 M-116 property is $300,000.

What type of property is this?

The property 7307 M-116 is a house located in Ludington, Michigan, 49431.

Is this property for sale now?

Active Listing: 7307 M-116 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7307 M-116 are:
Foster School: GreatSchools Rating 5/10
O.J. Dejonge Middle School: GreatSchools Rating 5/10
Ludington High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 7307 M-116 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 7307 M-116 is 3,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7307 M-116 is 1985.

Rocket HomesMichiganMason CountyLudington494317307 M-116

This home is located at 7307 M-116 in Ludington, MI and zip code 49431. This 3,000 square foot home, which was built in 1985, sits on a 1.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 20, 2023 and is currently priced at $300,000.

Ludington, MI housing market in April 2024 saw over 3 listings sold above listed price, more than 3 sold at listed price and over 9 sold below. The inventory of homes for sale in Ludington, MI between March 2024 and April 2024 increased by 27.3%. The median list price of listings available in April 2024 was $292,000, while the average time on the real estate market was 38 days.

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

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