NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Sale Details

Date Sold: June 10, 2022

Last sale price $499,900

7 Days on Market

About This Home

As of June 2022

COME TAKE A LOOK AT THIS FANTASTIC 3-UNIT INVESTMENT PROPERTY BUILDING. LARGE UNITS WITH GREAT SPACE AND AMENITIES MAKES THIS PROPERTY A BIG INCOME PRODUCER! 8 TOTAL BEDROOMS/5 TOTAL BATHROOMS - DISHWASHERS, TONS OF CLOSET SPACE, 3 CAR GARAGE, DOUBLE LAUNDRY MACHINES, VILLAGE REQUIRED FIRE ALARM PANEL SYSTEM ALREADY INSTALLED, AND TREMENDOUS YARD SPACE, MAKE THIS BUILDING A MUST SEE! PROPERTY CAN BE SOLD AS A PACKAGE WITH 10540 S. MASON AVENUE. SCHEDULE YOUR SHOWING TODAY - DO NOT MISS THIS OPPORTUNITY!

Last Agent to Sell the Property

Robert Fleckenstein

First In Realty, Inc. License #475168443 Listed on: 04/13/2022

Last Buyer's Agent

Philip Schwartz

@properties Christie's International Real Estate License #475113640

@properties Christie's International Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,952

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 75 x 134

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $53,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,952

Year Built

Built in 1961

Lot Details

10,019 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Fireplace-Gas,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Garage/Space

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 75 X 134
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 53220
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11951.54
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jun 2, 2022
Sold by
Bought by
Seller's Agent
Robert Fleckenstein
First In Realty, Inc.
Buyer's Agent
Philip Schwartz
@properties Christie's International Real Estate
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,896
Outstanding Balance
$484,146
Interest Rate
5%
Mortgage Type
VA

Purchase Details

Listed on
Mar 21, 2019
Closed on
May 3, 2019
Sold by
Bought by
Seller's Agent
John Spradley
Archer Realty West
Buyer's Agent
Robert Fleckenstein
First In Realty, Inc.
List Price
$369,900
Sold Price
$375,000
Premium/Discount to List
$5,100
1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$281,250
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
8.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 None Listed On Document
$375,000 Old Republic Title
-- --
$234,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $517,896
Previous Owner $281,250
Previous Owner $234,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold $499,900 0.0% --
04/21/2022 04/21/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $499,900 +33.3% --
05/09/2019 05/09/19 Sold $375,000 +1.4% -- View Prior Sale
03/26/2019 03/26/19 For Sale $369,900 -1.4% --
03/25/2019 03/25/19 Pending -- -- --
03/24/2019 03/24/19 Off Market $375,000 -- --
03/21/2019 03/21/19 For Sale $369,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,196 $44,000 $6,030 $37,970
2024 $13,196 $44,000 $6,030 $37,970
2023 $12,001 $44,000 $6,030 $37,970
2022 $12,001 $30,631 $5,276 $25,355
2021 $11,484 $30,630 $5,276 $25,354
2020 $11,952 $32,275 $5,276 $26,999
2019 $5,938 $31,406 $4,773 $26,633
2018 $5,656 $31,406 $4,773 $26,633
2017 $5,567 $31,406 $4,773 $26,633
2016 $7,164 $25,088 $4,020 $21,068
2015 $7,383 $25,088 $4,020 $21,068
2014 $7,079 $25,088 $4,020 $21,068
2013 $6,592 $23,418 $4,020 $19,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11373517

Midwest Real Estate Data (MRED)
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