NOT LISTED FOR SALE

Estimated Value: $180,510

12 Beds
8 Baths
5,120 Sq Ft
$35/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $103,000 $20 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,157/month

127 Days on Market

About This Home

As of January 2016

Incredible Buy, 4 units, Brick building, 3 bedrooms and 1.1 bathrooms, separate electric, gas and heat full basement on each unit, Property needs work but, lot of potential property sold AS IS, No survey, 100% tax proration.

Last Agent to Sell the Property

Jesus Macias

Real Broker, LLC License #471019028 Listed on: 05/26/2015

Last Buyer's Agent

Chrysanthe Alba

First Class Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.28

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 8 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 96x120

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 4
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None
  • Room: 6

Exterior Features

  • List Price: 120000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 187

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 96X120
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 3
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 5858.05
  • Tax Year: 2014

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Saul Galvan Alba Revocable Living Trust
Bought by
Alba Saul Galvan
Current Estimated Value
$180,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2021
Sold by
Alba Saul G
Bought by
Alba Saul Galvan and Saul Galvan Alba

Purchase Details

Listed on
May 26, 2015
Closed on
Nov 16, 2015
Sold by
Synergy Property Holdings Llc
Bought by
Alba Saul
Seller's Agent
Jesus Macias
Real Broker, LLC
Buyer's Agent
Chrysanthe Alba
First Class Realty
List Price
$120,000
Sold Price
$103,000
Premium/Discount to List
-$17,000
-14.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$134,783
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2014
Sold by
Self Suffiency Development Corporation
Bought by
Synergy Property Holdings Llc

Purchase Details

Closed on
Jul 17, 2007
Sold by
Aurora Loan Services Llc
Bought by
Self Sufficiency Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2007
Sold by
Walls Linda S and Case #06 Ch 1381
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 30, 2004
Sold by
Jaeckel Jay and Jaeckel Angela
Bought by
Walls Raymond and Walls Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2003
Sold by
Hillery Robert J
Bought by
Jaeckel Jay and Jaeckel Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,092
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2002
Sold by
Jarrett B Ellis and Jarrett Nettie
Bought by
Hillery Robert J
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
Alba Saul Galvan -- Precision Title
Alba Saul Galvan -- Attorney
Alba Saul $103,000 Ct
Synergy Property Holdings Llc -- None Available
Self Sufficiency Development Corp $150,000 Ticor Title Insurance Co
Aurora Loan Services Llc -- None Available
Walls Raymond $313,000 Multiple
Jaeckel Jay $225,000 Premier Title
Hillery Robert J $140,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alba Saul Galvan $185,400
Previous Owner Alba Saul G $129,500
Previous Owner Alba Saul $134,783
Previous Owner Self Sufficiency Development Corp $150,000
Previous Owner Walls Raymond $250,400
Previous Owner Jaeckel Jay $249,092
Previous Owner Jaeckel Jay $230,000
Closed Walls Raymond $46,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2016 01/04/16 Sold $103,000 -14.2% $20 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $120,000 0.0% $23 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $120,000 -- $23 / 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 $7,621 $61,804 $12,306 $49,498
2023 $6,037 $56,973 $11,344 $45,629
2022 $6,037 $43,426 $8,647 $34,779
2021 $5,939 $43,051 $8,572 $34,479
2020 $5,839 $43,289 $8,619 $34,670
2019 $5,839 $42,495 $8,461 $34,034
2018 $6,865 $41,026 $8,169 $32,857
2017 $6,810 $40,340 $8,032 $32,308
2016 $6,623 $38,397 $7,645 $30,752
2015 $6,499 $36,156 $7,199 $28,957
2014 $5,413 $36,157 $7,182 $28,975
2012 $4,650 $36,470 $7,244 $29,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08933613

Midwest Real Estate Data (MRED)

APN: 12-05-227-036