NOT LISTED FOR SALE

Estimated Value: $154,000 - $232,000

4 Beds
2 Baths
2,176 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $25,000 $11 Per Sq Ft

Est. 678% increase in value since last sale

Current estimated payment $1,192/month

117 Days on Market

About This Home

As of June 2016

Attractive, large Fannie Mae HomePath two unit has a great fenced yard and it is located on a nice block. Great schools and shopping are nearby. The building features a three bedroom apartment, a one bedroom apartment and a full basement.

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty Inc License #471004755 Listed on: 01/08/2016

Last Buyer's Agent

John Guzman

Kale Realty License #475125332

Kale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 3287
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1604.63
  • Tax Year: 2014

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2016
Closed on
May 11, 2016
Sold by
Fannie Mae
Bought by
City Incite Inc
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
John Guzman
Kale Realty
List Price
$24,900
Sold Price
$25,000
Premium/Discount to List
$100
0.4%
Current Estimated Value
$194,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,560
Avg. Annual Appreciation
24.24%

Purchase Details

Closed on
Aug 6, 2015
Sold by
Rice Shirley
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 13, 1998
Sold by
Singleton Durelle and Singleton Ava
Bought by
Rogers Shedrick and Rogers Annette B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
7.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
City Incite Inc $25,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- Attorney
Rogers Shedrick $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rogers Shedrick $79,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $25,000 +31.6% $11 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/11/2016 03/11/16 Price Changed $19,000 -18.8% $9 / Sq Ft
02/12/2016 02/12/16 Price Changed $23,400 -6.0% $11 / Sq Ft
01/08/2016 01/08/16 For Sale $24,900 -- $11 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,115 $12,000 $1,972 $10,028
2024 $2,115 $12,000 $1,972 $10,028
2023 $2,063 $10,000 $3,123 $6,877
2022 $2,063 $10,000 $3,123 $6,877
2021 $2,016 $9,999 $3,122 $6,877
2020 $3,012 $13,487 $2,136 $11,351
2019 $3,019 $14,986 $2,136 $12,850
2018 $2,968 $14,986 $2,136 $12,850
2017 $1,951 $9,042 $1,972 $7,070
2016 $1,815 $9,042 $1,972 $7,070
2015 $1,661 $9,042 $1,972 $7,070
2014 $1,605 $8,627 $1,643 $6,984
2013 $1,573 $8,627 $1,643 $6,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09112904

Midwest Real Estate Data (MRED)

APN: 25-10-315-001-0000