NOT LISTED FOR SALE
9 Beds
3 Baths
1,782 Sq Ft
1918 Built

Sale Details

Date Sold: July 26, 2021

Last sale price $82,000 $46 Per Sq Ft

8 Days on Market

About This Home

As of July 2021

Awesome place! Full rehab in 2010 and very nicely done! Sitting on a double sized lot, this place is a cash flow monster. $1900 total rents means massively monthly income. Cash on cash return exceeds 10% due to low taxes even on a full cash purchase. Do not miss this opportunity!

Last Agent to Sell the Property

Michael Scanlon

eXp Realty License #475188240 Listed on: 04/01/2021

eXp Realty

Last Buyer's Agent

William Pollack

Pinnacle Home Realty Inc License #475174274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,278

Year Built

  • Built in 1918 | Remodeled in 2010

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,278

Year Built

Built in 1918 | Remodeled in 2010

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

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

Lot Info

  • Lot Dimensions: 9375
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2278.05
  • Tax Year: 2019

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

Listed on
Apr 1, 2021
Closed on
Jul 26, 2021
Sold by
Bought by
Seller's Agent
Michael Scanlon
eXp Realty
Buyer's Agent
William Pollack
Pinnacle Home Realty Inc
Sold Price
$82,000

Purchase Details

Closed on
Jun 21, 2012
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
$87,750
Interest Rate
0.034%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2006
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
$85,405
Interest Rate
0.0862%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 1995
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
$82,000 Chicago Title
-- None Available
$90,000 Pntn
-- --
-- --
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 $87,750
Previous Owner $85,405
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
07/26/2021 07/26/21 Sold $82,000 -25.4% $46 / Sq Ft
04/10/2021 04/10/21 For Sale -- -- --
04/09/2021 04/09/21 Pending -- -- --
04/07/2021 04/07/21 Price Changed $109,900 -8.3% $62 / Sq Ft
04/01/2021 04/01/21 For Sale $119,900 -- $67 / Sq Ft
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 $2,326 $12,000 $5,625 $6,375
2024 $2,326 $12,000 $5,625 $6,375
2023 $2,269 $11,000 $5,541 $5,459
2022 $2,269 $11,000 $5,541 $5,459
2021 $2,218 $10,999 $5,540 $5,459
2020 $2,248 $10,065 $6,093 $3,972
2019 $2,278 $11,309 $6,093 $5,216
2018 $2,239 $11,309 $6,093 $5,216
2017 $3,306 $15,326 $5,625 $9,701
2016 $3,077 $15,326 $5,625 $9,701
2015 $2,815 $15,326 $5,625 $9,701
2014 $2,818 $15,150 $5,156 $9,994
2013 $2,762 $15,150 $5,156 $9,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11040145

Midwest Real Estate Data (MRED)

APN: 25202160350000

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