NOT LISTED FOR SALE

Estimated Value: $204,785 - $269,000

5 Beds
2 Baths
1,250 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 02, 2013

Last sale price $118,500 $95 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,456/month

41 Days on Market

About This Home

As of December 2013

SHARP & CLEAN CERTIFIED 2 UNIT WITH BASEMENT AND GARAGE. LARGE 3 BEDROOM OWNER-TYPE UNIT PLUS 5 R00MS 2 BDR ON 2ND FLOOR. ZONED R-2. WELL KEPT BUILDING WITH REMODELED BATH, UPDATED ELECTRIC. ALL BRICK 2 EXITS FOR EACH UNIT, 1ST FLOOR WAS RENTED FOR $1,000/MO. 2ND FLOOR, $700/MO. NICE FENCED YARD W/BRICK GARAGE AND EXTRA PARKING PAD. TOP FLOOR PAYS OWN ELEC AND COOKING GAS. NO EXEMPTIONS. EXCELLENT TENANT IN TOP UNIT

Last Agent to Sell the Property

Kent Magnuson

Coldwell Banker Realty Listed on: 08/15/2013

Last Buyer's Agent

Gustavo Lopez

G & R Realty, Inc. License #471010643

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,427

Lot Details

  • 4,225

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 34 x 124

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $20,388
  • Net Operating Income $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,427

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 129900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 7377

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 34 X 124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 1300
  • GrossIncome: 20388
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2427
  • Tax Year: 2012
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Nov 26, 2013
Sold by
Bonanotte Ennia
Bought by
Lopez Christopher T
Seller's Agent
Kent Magnuson
Coldwell Banker Realty
Buyer's Agent
Gustavo Lopez
G & R Realty, Inc.
List Price
$129,900
Sold Price
$118,500
Premium/Discount to List
-$11,400
-8.78%
Current Estimated Value
$233,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,946
Avg. Annual Appreciation
6.65%
Original Mortgage
$112,917
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 1995
Sold by
Bonanotte Mario and Bonanotte Ennia
Bought by
Bonanotte Ennia
Source: Public Records

Range of Values:

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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
Lopez Christopher T $118,500 Bt
Bonanotte Ennia -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Christopher T $120,000
Previous Owner Lopez Christopher T $112,917
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2013 12/02/13 Sold $118,500 -8.8% $95 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $129,900 -- $104 / 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
2024 $2,538 $15,800 $3,162 $12,638
2023 $2,476 $12,000 $4,216 $7,784
2022 $2,476 $12,000 $4,216 $7,784
2021 $2,420 $12,000 $4,216 $7,784
2020 $2,429 $10,875 $2,740 $8,135
2019 $2,462 $12,220 $2,740 $9,480
2018 $2,420 $12,220 $2,740 $9,480
2017 $2,711 $12,567 $2,529 $10,038
2016 $2,523 $12,567 $2,529 $10,038
2015 $2,309 $12,567 $2,529 $10,038
2014 $2,510 $13,497 $2,108 $11,389
2013 $2,460 $13,497 $2,108 $11,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08421752

Midwest Real Estate Data (MRED)

APN: 26-17-200-027-0000