NOT LISTED FOR SALE
9 Beds
6 Baths
1,100 Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: August 30, 2019

Last sale price $717,500 $652 Per Sq Ft

7 Days on Market

About This Home

As of August 2019

Legal 3-unit with large apartments (large bedrooms)- a/c for all units, laundry in each unit, large private outdoor rear decks for each unit and parking for each unit. Great investment. Each unit has 3-beds/1.5 baths, newer hardwood floors (2006), new roof (2012), new windows (first floor new, 2nd & third floor around 2005), new rear deck (2006), New hot water heaters, tuckpointing north & west sides, new washer/dryers on 2nd & 3rd floors, new chimney cap 2018, new toilets 3rd floor. Electric updated approx 2005. Insurance $1516.55 annually. Water/scavenger approx $150/mo. Opportunity to increase rent by 4% immediately ($2400/yr.). 6.78 Cap Rate currently. Property being sold as-is.

Last Agent to Sell the Property

Brian Caron

Option Premier LLC License #471017757 Listed on: 07/03/2019

Co-Listed By

Michael Petrik

Option Premier LLC License #475150609

Last Buyer's Agent

Melanie Giglio-Vakos

Compass License #475149215

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,398

Year Built

  • Built in 1873

Lot Details

  • 2,614

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Available
  • Off Alley Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,614 Sq Ft Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,398

Year Built

Built in 1873

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1873
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, Yes, Owned
  • ParkingTotal: 3

Utilities

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 2976
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 8398.15
  • Tax Year: 2018

Multi Family

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

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

Closed on
Jun 12, 2020
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
$540,000
Interest Rate
0.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2020
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
$540,000
Interest Rate
0.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2020
Sold by
Bought by

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 27, 2019
Sold by
Bought by
Seller's Agent
Brian Caron
Option Premier LLC
Buyer's Agent
Melanie Giglio-Vakos
Compass
List Price
$699,900
Sold Price
$717,500
Premium/Discount to List
$17,600
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,125
Interest Rate
0.0443%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2005
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
$54,500
Interest Rate
0.0598%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2000
Sold by
Bought by

Purchase Details

Closed on
Jul 11, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 1995
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 1993
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Available
-- Novas Title Company Llc
-- None Available
$717,500 Attorneys Ttl Guaranty Fund
$556,500 --
$139,000 --
-- Ticor Title Insurance
-- Ticor Title Insurance
-- --
-- --
-- --
-- --
-- --
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
Previous Owner $540,000
Closed $538,125
Previous Owner $54,500
Previous Owner $436,000
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
08/30/2019 08/30/19 Sold $717,500 +2.5% $652 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $699,900 0.0% $636 / Sq Ft
07/01/2016 07/01/16 Rented $1,650 0.0% --
06/07/2016 06/07/16 For Rent $1,650 -- --
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 $11,815 $60,835 $11,011 $49,824
2024 $11,815 $60,835 $11,011 $49,824
2023 $11,518 $56,000 $8,928 $47,072
2022 $11,518 $56,000 $8,928 $47,072
2021 $11,261 $56,000 $8,928 $47,072
2020 $7,223 $32,424 $6,993 $25,431
2019 $7,488 $37,269 $6,993 $30,276
2018 $8,398 $42,515 $6,993 $35,522
2017 $6,184 $28,725 $6,100 $22,625
2016 $5,753 $28,725 $6,100 $22,625
2015 $5,264 $28,725 $6,100 $22,625
2014 $4,556 $24,557 $5,356 $19,201
2013 $4,466 $24,557 $5,356 $19,201
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10439528

Midwest Real Estate Data (MRED)
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