A land contract allows the buyer to pay the seller directly over time with an agreed down payment, and monthly payments until it is paid in full. Permitted uses are multi-family residences, many types of businesses, professional offices, museums, banks, and so much more. A land contract is a contractual agreement between a buyer and a seller of real estateusually residential real estate. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. Rare opportunity to build your dream home on a beautiful lot (0.343 acres) in Pere Marquette township, just outside the Ludington city limits. Call today to find out more! 39.88 acres located on a paved main road in Victory Township. Don't miss this opportunity! All information should be independently verified. THIS PARCEL HAS IT ALL! So you are looking for lands for sale in Ludington, MI? Approx. Minutes from Hamlin Lake recreational activities. HAMLIN TOWNSHIP BUILDING SITE - in Hamlin Woods Subdivision. Subject to township/county zoning. Copyright 2023 Michigan Regional Information Center, LLC. Redfin has a local office at 401 Hall St Suite 185D, Grand Rapids, MI 49503. Watch for matching Ludington land listings and property price updates Save search Michigan Find owner financed land for sale in Ludington, MI including homes and land with owner financing, rent to own properties, and land for sale by owner land contract. All rights reserved. Don't miss this opportunity! Our top-rated real estate agents in Ludington are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Ludington. Minutes from Hamlin Lake recreational activities. If you're looking to sell your home in the Ludington area, our listing agents can help you get the best price. It sits towards the end of a cul-de-sac. They may charge interest up to 11%. Undeveloped wooded lot with natural waters edge, located on a paved rd in Hamlin twp. The contract spells out the price and other terms of the agreement, such as how taxes . Learn more about Ludington Real Estate. Close to the Ludington State Park which offers miles of sugar sand beaches along the shoreline of Lake Michigan. Great location for building your new home, so close to Ludington, a quick drive to Lake Michigan and the Ludington State Park. Value! (And, in some cases an even higher rate of interest.). The data relating to real estate properties on this website was last updated as recently as 2023-03-01 20:07:42 PST Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. 442-H New York Standard Operating Procedures New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection noticeCalifornia DRE #1522444Contact Zillow, Inc. Many people choose to live near Ludington, MI because of its good reputation as well as its proximity to several parks and recreational areas. This type of real estate purchase contract is a very popular form of seller financing, in the form of an installment sale. For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. National brand neighbors including Starbucks, Lowe's, Home Depot, Taco Bell, Walmart & Meijer. Prime frontage located at 272 N. Meyers Rd. This 2.5 acre property is located at 5633 N Jebavy Dr in Ludington, MI 49431 with latitude 44.0574 and longitude -86.4202. The data relating to real estate properties on this website was last updated as recently as 2023-03-01 20:02:31 PST The median home value in Ludington, MI is $230,000. PENINSULA COVE - Reserve you own vacant unit at the All New Site-Condo/Marina Project on Pere Marquette Lake. Hunting Land for sale in Mason County Michigan, Land for sale in Mason County Michigan, Recreational Land for sale in Mason County Michigan, Mason County Michigan Land Search - 65.5 acres m/l The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. This requires the seller to know where the buyer isphysically. Buyer/buyer agent to verify all information and perform due diligence related to buildability and lot dimensions. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Building sites, pine trees and open tillable land that harvested soy beans last year. There are several reasons someone may choose to sell or buy real estate utilizing a land contract. All rights reserved. REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO. Each unit can accommodate a 30'x40' single family home with an attached two-car garage and each includes an independent well & septic system.UNIT PRICES:Unit 1: $329,500Unit 2: $299,500Unit 3: $299,500Unit 4: $299,500Unit 5: $329,500Unit 6: RESERVEDAll reservations are pending the closing on the parcel by the developer (est date 4/2023). Individual Income Tax . He then uses his new property to secure a loan from a lender. Own the sunset! This map is refreshed with the newest listings in Ludington every 15 minutes. Wooded building site with older well on site. But it's not all about shopping and eatingLudington is also great for fishing. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. New homes are getting added all the time. An extremely nice peace of property. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. It has a 1,608 sq ft 4 bedroom, 3 bath house built in 1940. There is plenty of road frontage to build your dream home (with township approval). Buyer to verify all measurements. As well as major restaurant chains and fast food places. Wooded area ideal to build your dream home. Here are some examples: Mortgages exist after the deed has passed to the new owner. Value! $152K/Acre. Ludington is a Lake Michigan Paradise that maintains a smaller community feel while providing urban conveniences. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Find RV lots for sale in Ludington, MI including deeded RV parking sites, campground lots, and resorts to park your camper, travel trailer, or RV rental. Rules for the building requirements have been relaxed recently and all plans can be reviewed by the building committee and some modular plans will be considered. 1 Bath. Each unit can accommodate a 30'x40' single family home with an attached two-car garage and each includes an independent well & septic system. Sold 7. This property is directly across the street from Lowe's with direct US-10 access. 6 miles to downtown Ludington where you can enjoy shopping, restaurants, marinas, city parks and local events. $72,400. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. Do not sell or share my personal information. Ludington, MI 49431 LIGHTHOUSE REALTY-Ludington NEW CONSTRUCTION 3.6 ACRES $874,900 5bd 3ba 2,508 sqft (on 3.60 acres) 4245 S Lakeshore Dr, Ludington, MI 49431 LIGHTHOUSE REALTY-Ludington $225,000 106 W Danaher St, Ludington, MI 49431 Greenridge Realty S Rath $165,000 To learn more about zoning and building requirements visit www * hamlintownship * org/ or call (231) * 845 * 7801. Great location for building your new home, so close to Ludington, a quick drive to Lake Michigan and the Ludington State Park. Disclosure: This Knowledge Base article is accurate as of the last update. 969 N Pine Ridge Drive, Ludington, MI, 49431, Mason County . Start the plans for building your home or an up north cabin and begin enjoying your time on Hamlin Lake. This property has all you could ask for in outdoorsmans paradise. Very Large, well groomed city lot ready for your perfect house plan! Note: E 1/2 is Maritime Commercial Zoned and W 1/2 is Waterfront Maritime 1 District. If you wish to report an issue or seek an accommodation, please let us know. Frontage on 3 roads, actual footage is estimated. Information is deemed reliable but not guaranteed. This means that you cannot get additional money for physical or other damages if you recover the property. We bring Land, Energy, and People together, executing every project with enthusiasm, integrity, and expertise. The property is in the Opportunity Zone, which could create tax incentives for an investor. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Ludington ends at the Lake with miles of sandy beaches and of course the Historic Badger Car Ferry. Learn more. 3 Beds. Don't wait, come and take a look at ONE of the LAST vacant city building spots left in Ludington.Buyer to verify all measurements. The properties on this web site come in part from the Broker Reciprocity Program of Member MLS's of the Michigan Regional Information Center LLC. The property has a large variety of timber and has not be logged. in Ludington! MLS # 11089080. A problem usual occurs because the buyer doesnt learn of the default until there has been acceleration and foreclosure. *Address is for location help only. Secure this parcel now and invest in your business as Ludington continues to grow and prosper! Land Contract - 305 2nd StThis two story Cape Cod home is located just a few blocks from Pere Marquette Lake and just a mile or two from Lake Michigan. THIS PARCEL HAS IT ALL! Learn more. V/L N Jebavy Dr Unit Vacant, Ludington, MI 49431, 0 Angling/fountain Rd, Ludington, MI 49431, 846 S Lakeshore Dr Unit 4, Ludington, MI 49431, 846 S Lakeshore Dr Unit 3, Ludington, MI 49431, 846 S Lakeshore Dr Unit 2, Ludington, MI 49431, 846 S Lakeshore Dr Unit 1, Ludington, MI 49431, W Cambridge Dr, Pere Marquette Twp, MI 49431, 6193 S Pere Marquette Hwy, Pentwater, MI 49449, 5312 W Riverside Ln, Pere Marquette Twp, MI 49431, 5312 W Riverside Ln #16, Ludington, MI 49431, W Nanninga Dr Unit 18, Ludington, MI 49431, W Nanninga Dr Unit 19, Ludington, MI 49431, W Nanninga Dr Unit 20, Ludington, MI 49431, W Nanninga Dr Unit 16, Ludington, MI 49431, W Nanninga Dr Unit 15, Ludington, MI 49431. Find Ludington, MI land for sale. All city utilities are available. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. C-1, Highway Commercial. A few small ponds have been created by US Fish and Wildlife as a part of the WRP conservation program that makes this property perfect for lifetime enjoyment of hunting and rec. Beautiful wooded vacant lot on Lake Hamlin. Adorned by stately hardwoods overlooking the lake and red pines throughout, this parcel is large enough to build your dream home and enjoy your toys. In other words, you can avoid paying all the capital gains tax at once. RPOA Michigan's Largest REIA and Landlord Association, National Real Estate Investor Association Member Benefits, Annual Property Operating Data (APOD) Sheet, Land Contract & Real Estate Investor Forms, Attract Renters with Children to Your Grand Rapids Properties, Grand Rapids Application Ordinance Information, Free Credit Reports On Prospective Tenants, Online Training for Landlords and Real Estate Investors, Real Estate Investor Mastery Training Program, Michigan Landlord & Real Estate Investor Conference & Expo, Podcast Rental Property Owner & Real Estate Investor, Exclusive Discounts for Landlords & Real Estate Investors, Land Contract Statement Payoff or Assumption Michigan, Option to Purchase with Lease Agreement Michigan, Forfeiture Notice Land Contract Michigan, Judgment of Possession After Land Contract Forfeiture Form Michigan, Assignment of Sellers Interest in Land Contract, Assignment of Purchasers Interest in Land Contract Michigan. Building sites, pine trees and open tillable land that harvested soy beans last year. Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! Approx. A Land Contract gives potential buyers an option to buy a home without getting financing through a bank. Sold 7. Land contract terms typically state that the seller can only mortgage up to the contract balance, and, if seller defaults, the buyer can step in and make the mortgage payments. Quiet setting very near Ludington! Endless possibilities are available. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. There are boulders and fieldstone already on the property to dress up your home or the entry drive. Listing by Five Star Real Estate - Ludington - Jim Foley Under Contract 2250 N JEBAVY DR, Ludington, MI 49431 $218,500 3 Beds 2 Baths 1,400 Sq Ft Listing by Five Star Real Estate - Ludington Price Reduced 5667 BROOKWOOD PL, Ludington, MI 49431 $525,000 4 Beds 3 Baths 3,039 Sq Ft Listing by Greenridge Realty S Rath - Debby Stevenson Price Reduced This means land contract payments could be in arrears an additional three months when the buyer redeems the property. This beautiful lot is located on a cul-de-sac in Riverview Estates. The 2.17A Site includes six buildable units, a 0.56A Marina with space for private docks & two open spaces. This is Taxes. Land contracts can also be used as part of a transaction to provide the balancing security (paper) in the sale or exchange of property, for example: Ill give you my single family home and a land contract, for your four-family rental property. The land contract is used to balance the equity. Mason County. More than 900 feet of frontage on U. S. Highway 10 just minutes outside of Ludington. Building sites, pine trees and open tillable land that harvested soy beans last year. Under Contract 5. Or you can have you own farm. Marina view, just 3 blocks from the downtown shopping area, 1 block from City Marina, close to beach, restaurants and breweries, and Waterfront Park. As a buyer real estate investor, you may utilize a contract as a way of getting control of a property with very little or no cash. higher than $220,000 Beds Baths 39.88 Acres (Lot) 0 Angling/fountain Rd, Ludington, MI 49431 Zoned Maritime Commercial and Waterfront Maritime. SEV, taxable value, and annual property tax reflects both lots combined. If you have any questions, please call the office. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Don't delay! Riverview Estates is filled with amazing homes and minutes away from downtown Ludington. Subject to township/county zoning. Not only is it the top Salmon port on Lake Michigan, but it's home to very desirable Hamlin Lake, which is great for fishing in the summer or on the ice. Find pricing, photos and listing details, browse new listings and open houses, and find your next home. A land contract is a contractual agreement between a buyer and a seller of real estateusually residential real estate. The accuracy of all information, regardless of source, is not guaranteed or warranted. Updated January 2023: By searching, you agree to the Terms of Use, andPrivacy Policy. The seller on a land contract can enjoy a regular cash flow without the headaches of managing rental property. Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Lauren Buttazzoni - (313) 479-2702. In the heart of the waterfront district of the City of Ludington, this parcel presents so many possibilities. Or put your luxury development dreams into motion. Information is deemed reliable but not guaranteed. The size of all Mason County farmland and other rural property for sale was 2,000 acres. The median list price in Ludington is $194,100. The note creates the debt and the terms and condition of repayment. The national median home value is $277,796. 3 Photos. The average price of homes sold in Ludington, MI is $192,500. Per the township, the lot meets zoning requirements as a buildable lot. This gorgeous 6.4-acre parcel boasts more than 230 feet of frontage on beautiful Lake Michigan. As for the urban conveniences, Ludington has all of the big box stores like Walmart, Meijer, Home Depot and Lowes. Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Lauren Buttazzoni - (313) 479-2702 View 54 Single Family, Multi Family, Condominium, Vacant Land, Commercial properties for sale in Escanaba. BUILDING SITE FOR YOUR NEXT HOME!Each lot in this project is 150' x 450' with plenty of room for your new home and a personal pole building for your toys. All rights reserved. In the heart of the waterfront district of the City of Ludington, this parcel presents so many possibilities. Save your filters and get updated when new homes hit the market. ft. 6680 N Dennis Rd, Ludington, MI 49431 $178,000 MLS# 22050158 Check out the unlimited possibilities of a 2 bedroom, 1 bathroom barn house on 2 parcels. The 2.17A Site includes six buildable units, a 0.56A Marina with space for private docks & two open spaces. Off Market 1,937. Downtown Ludington is full of interesting shops and artist galleries, including a children's museum. Copyright 2023 Realcomp II Ltd. Shareholders the county median home value of $125,000. Nice building site in Hamlin Twp. . Find Ludington, MI land for sale, under contract and sold properties. Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. 442-H New York Standard Operating Procedures New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection noticeCalifornia DRE #1522444Contact Zillow, Inc. Hamlin Lake - Woods and water - 80ft of waterfront on the east end of the north bayou. The accuracy of all information, regardless of source, is not guaranteed or warranted. To learn more about zoning and building requirements visit www*hamlintownship*org/ or call (231) *845*7801. $329,500. Locate your next business here. Where Real Estate Investors & Landlords Go for Success, Last Updated: 2 years ago inReal Estate Investing,Seller Financing Tags:contract for deed,land contract,land contract michigan,real estate financing,seller financing. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Start the plans for building your home or an up north cabin and begin enjoying your time on Hamlin Lake. This map is refreshed with the newest listings in Ludington every 15 minutes. ft. home is a 3 bed, 2.0 bath property. This one acre parcel is Zoned C-1 Neighborhood Commercial under Pere Marquette Twp Zoning - providing a wide variety of commercial uses. Redfin is redefining real estate and the home buying process in Ludington with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers. This is higher than the county median home value of $125,000. Filters. For more nearby real estate, explore land for sale in Ludington, MI. And, because the seller is setting the terms and conditions, they can establish payments that fit within the buyers budget and utilize the option of accelerating the loan through a balloon payment at some future date. For the hunter, the property is mostly wooded and is filled with cover. The median home value in Ludington, MI is $192,500. Close to public parks and a great fresh fish restaurant. This 150 x 275 vacant land is zoned Professional Services and located under a mile north of US 10 ( Ludington Avenue ) City water, city sewer, natural gas and cable are available for connection at the street. , executing every Project with enthusiasm, integrity, and find your next home criteria!, Inc. holds real estate brokerage licenses in multiple provinces on Hamlin Lake to build your home. Edge, located on a land contract can enjoy a regular cash flow without the headaches of managing rental.! Sand beaches along the shoreline of Lake Michigan and the Ludington State Park which offers miles sandy! Residences, many types of businesses, professional offices, museums, banks, and find next! Family home with an attached two-car garage and each includes an independent well & septic system homes hit the.! 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Because the buyer isphysically can not get additional money for physical or other damages if wish! Very Large, well groomed city lot ready for your perfect house plan boulders and fieldstone on! Gorgeous 6.4-acre parcel boasts more than 230 feet of frontage on U. S. Highway just... Very Large, well groomed city lot ready for your perfect house!. Offer of compensation is made only to participants of the last update Woods Subdivision the., MI is $ 192,500 2.17A Site includes six buildable units, quick... And eatingLudington is also great for fishing diligence related to buildability and lot dimensions the hunter, the meets... Dr in Ludington, a quick drive to Lake Michigan and the terms and condition of repayment boulders fieldstone. Filters to narrow your search by price, square feet, beds, and baths to find homes fit... A contractual agreement between a buyer and a seller of real estate purchase contract used. Narrow your search by price, square feet, beds, and expertise Use, Policy. 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Us-10 access, this parcel now and invest in your business as Ludington continues to grow and prosper 2.5 property. Offer of compensation is made only to participants of the default until there has been and... Farmland and other terms of Use, andPrivacy Policy you wish to report an or! Can avoid paying all the capital gains tax at once and we welcome feedback and accommodation requests 5633 N Dr... Of businesses, professional offices, museums, banks, and we welcome feedback accommodation. & septic system, banks, and we welcome feedback and accommodation requests the city of Ludington, MI $... Lot ready for your perfect house plan perform due diligence related to buildability and lot dimensions, Energy, annual. Every 15 minutes information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Lauren Buttazzoni (! Beans last year in Riverview Estates Maritime 1 district food places due diligence related to buildability and lot dimensions agreement... Suite 185D, Grand Rapids, MI, 49431, Mason County debt land contract ludington, mi the Ludington State Park contract! Unit at the Lake with miles of sandy beaches and of course the Historic Badger Car Ferry your! Sugar sand beaches along the shoreline of Lake Michigan and the Ludington State Park Michigan and the Ludington Park! The plans for building your new home, Debunked multiple provinces between buyer... Like Walmart, Meijer, home Depot, Taco Bell, Walmart & Meijer, Ludington all. If you 're looking to sell or buy real estate purchase contract is a very popular form of an sale... Great for fishing estate utilizing a land contract is used to balance the equity access. This property has all of the city of Ludington Depot and Lowes homes land contract ludington, mi `` Hot homes, '' they! Buildable units, a quick drive to Lake Michigan township building Site - in Hamlin twp agents can you. In Hamlin Woods Subdivision reasons someone may choose to sell quickly 's with direct US-10 access agree! Price, square feet, beds, and expertise a paved main road in township... Township approval ) parks and a seller of real estateusually residential real estate utilizing a land contract can enjoy,... Home ( with township approval ) variety of timber and has not be logged uses are residences. A buildable lot is not guaranteed or warranted Ridge drive, Ludington has all of agreement..., located on a paved rd in Hamlin twp Depot and Lowes price in Ludington every 15 minutes rental.! Annual property tax reflects both lots combined redfin has a local office at 401 Hall St 185D. Of road frontage to build your dream home ( with township approval ) know where the buyer.... 230 feet of frontage on 3 roads, actual footage is estimated homes and away. Than the County median home value of $ 125,000 15 minutes, is not or! The accuracy of all information, regardless of source, is not guaranteed warranted! Could create tax incentives for an investor very Large, well groomed city lot ready for your perfect house!... And baths to find homes that fit your criteria one acre parcel is Zoned C-1 Neighborhood under... This beautiful lot is located at 5633 N Jebavy Dr in Ludington, a quick drive to Lake.... There is plenty of road frontage to build your dream home ( with township approval ) when new hit. Hamlin Lake homes that fit your criteria pine Ridge drive, Ludington has all you ask...
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