NOT LISTED FOR SALE

Estimated Value: $120,881 - $200,000

3 Beds
2 Baths
1,000 Sq Ft
$160/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $9,000 $9 Per Sq Ft

Est. 1,680% increase in value since last sale

Current estimated payment $940/month

10 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Family Room
  • Laundry Room
  • Dining Room

About This Home

As of September 2013

LOVELY BUNGALOW HAS THREEE BEDROOMS, FULL BASEMENT AND MORE. IT IS LOCATED ON A BEAUTIFUL BLOCK. THIS IS A REVERSE MORTGAGE FORECLOSURE. BUYER IS RESPONSIBLE FOR ANY AND ALL VILLAGE REQUIREMENTS, INSPECTIONS. PROPERTY IS BEING SOLD "AS IS". PROPERTY IS BEING SOLD SUBJECT TO 24 CFR 206.125 SELLER DOES NOT PROVIDE SURVEY OR TERMITE INSPECTION.

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty Inc License #471004755 Listed on: 07/15/2013

Last Buyer's Agent

Christopher Leschkies

Landen Home Realty, LLC

Landen Home Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Home Design

  • Frame Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1920
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Actual Status: Closed
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 4059
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1640
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Sep 12, 2013
Sold by
Marsh Michael
Bought by
Chicago Title Land Trust Co and Trust Number 8002362874
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
Christopher Leschkies
Landen Home Realty, LLC
List Price
$9,000
Sold Price
$9,000
Current Estimated Value
$160,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,220
Avg. Annual Appreciation
25.83%

Purchase Details

Listed on
Jul 15, 2013
Closed on
Aug 28, 2013
Sold by
Federal National Mortgage Association
Bought by
Marsh Michael
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
Christopher Leschkies
Landen Home Realty, LLC
List Price
$9,000
Sold Price
$9,000

Purchase Details

Closed on
May 24, 2012
Sold by
Davis Willie and Davis Willie T
Bought by
Reverse Mortgage Solutions Inc

Purchase Details

Closed on
Oct 12, 2007
Sold by
Davis Louvina and Davis Willie S
Bought by
Randolph Louvina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.62%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Chicago Title Land Trust Co -- None Available
Marsh Michael $9,000 Ct
Federal National Mortgage Association -- Ct
Reverse Mortgage Solutions Inc -- None Available
Randolph Louvina -- Ticor Title Ins Co 2002
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randolph Louvina $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2013 09/12/13 Sold $9,000 0.0% $9 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $9,000 -- $9 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,163 $2,435 $2,435 --
2024 $1,163 $8,500 $2,435 $6,065
2023 $1,134 $5,500 $1,624 $3,876
2022 $1,134 $5,500 $1,624 $3,876
2021 $1,109 $5,499 $1,623 $3,876
2020 $1,574 $7,048 $2,232 $4,816
2019 $1,560 $7,746 $2,232 $5,514
2018 $1,534 $7,746 $2,232 $5,514
2017 $1,922 $8,910 $2,029 $6,881
2016 $1,789 $8,910 $2,029 $6,881
2015 $1,637 $8,910 $2,029 $6,881
2014 $1,444 $7,765 $1,826 $5,939
2013 $1,416 $7,765 $1,826 $5,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08394428

Midwest Real Estate Data (MRED)

APN: 25-09-422-005-0000

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