NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: May 31, 2019

Last sale price $355,000

14 Days on Market

About This Home

As of May 2019

Brick 4 unit building 2 bedrooms per unit. Great investment property. Spacious apartments, long term tenants and much more. This is a must see. Live in one and rent the others.

Last Agent to Sell the Property

Chris Garcia

Net Realty Corp License #475176657 Listed on: 04/02/2019

Last Buyer's Agent

Raad Eshoo

Coldwell Banker Realty License #475166236

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,760

Year Built

  • Built in 1962

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x150

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $480
  • Fuel Expense $1,500
  • Water Sewer Expense $3,600
  • Gross Income $41,100
  • Net Operating Income $26,761

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,760

Year Built

Built in 1962

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Water Sewer Expenses: 3600

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 60X150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 26761
  • Fuel Expense: 1500
  • ElectricExpense: 480
  • GrossIncome: 41100
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8759.58
  • Tax Year: 2017
  • Tax Exemptions: None

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 2, 2019
Closed on
May 31, 2019
Sold by
Bought by
Seller's Agent
Chris Garcia
Net Realty Corp
Buyer's Agent
Raad Eshoo
Coldwell Banker Realty
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2013
Closed on
Jun 19, 2013
Sold by
Bought by
Seller's Agent
Regi Ortega
T.K. Realty Inc
Buyer's Agent
Hernan Rivera
REDCO, Inc.
List Price
$309,000
Sold Price
$275,000
Premium/Discount to List
-$34,000
-11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$270,019
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2007
Sold by
Bought by

Purchase Details

Closed on
May 22, 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
$355,000 First American Title Ins Co
$275,000 Fidelity National Title Grou
-- None Available
$30,000 Attorneys Title Guaranty Fun
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 $244,000
Closed $248,000
Closed $248,500
Previous Owner $270,019
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
05/31/2019 05/31/19 Sold $355,000 -2.7% --
04/23/2019 04/23/19 For Sale $365,000 +2.8% --
04/16/2019 04/16/19 Off Market $355,000 -- --
04/16/2019 04/16/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $365,000 +32.7% --
07/11/2013 07/11/13 Sold $275,000 -11.0% -- View Prior Sale
03/08/2013 03/08/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $309,000 -- --
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
2024 $10,732 $152,270 $60,906 $91,364
2023 $10,305 $139,980 $55,990 $83,990
2022 $9,460 $128,450 $51,380 $77,070
2021 $9,087 $123,030 $49,210 $73,820
2020 $8,864 $117,850 $47,140 $70,710
2019 $8,824 $113,320 $45,330 $67,990
2018 $8,231 $101,400 $40,560 $60,840
2017 $8,044 $96,910 $38,760 $58,150
2016 $7,875 $89,480 $35,790 $53,690
2015 $7,727 $82,660 $33,060 $49,600
2014 $5,277 $56,090 $14,020 $42,070
2013 $5,162 $57,240 $14,310 $42,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10332515

Midwest Real Estate Data (MRED)
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