NOT LISTED FOR SALE

Estimated Value: $84,000 - $165,000

3 Beds
2 Baths
1,284 Sq Ft
$94/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $53,000 $41 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $747/month

149 Days on Market

About This Home

As of August 2020

This 3 Bedroom 1 1/2 Bath brick home have great potential. Need work but could be a handyman special. Currently a long term rent paying tenant that would love to stay. This one is waiting for you. Low taxes and full basement. This property is a REO/Bank Owned and is being sold in "AS-IS condition. No survey or termite inspection - taxes are prorated 100%. Check out the other listings that the bank will consider a packaged offer 10649599, 10647755, 10646642, 10638312, 10639499, 10639602

Last Agent to Sell the Property

Toussaint Smith

Alliance Associates Realtors, Inc. License #471017149 Listed on: 02/17/2020

Last Buyer's Agent

Toussaint Smith

Alliance Associates Realtors, Inc. License #471017149 Listed on: 02/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $825

Year Built

  • 1947

Lot Details

  • 4,356

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$825

Year Built

1947

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1947
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 11X23, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X11, On Level: Main Level
  • Kitchen Type: Dimensions: 12X13, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 10X11, On Level: 2nd Level
  • Estimated Sq Ft: 1284

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1059

Utilities

  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 4612
  • Parcel Identification Number: 25283080330000

Tax Info

  • Taxes: 905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Aug 6, 2020
Sold by
Leaf Capital Of Delware Llc
Bought by
Burhani Management Llc
Seller's Agent
Toussaint Smith
Alliance Associates Realtors, Inc.
Buyer's Agent
Toussaint Smith
Alliance Associates Realtors, Inc.
List Price
$69,900
Sold Price
$53,000
Premium/Discount to List
-$16,900
-24.18%
Total Days on Market
149
Current Estimated Value
$120,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,918
Avg. Annual Appreciation
18.75%

Purchase Details

Closed on
Feb 27, 2017
Sold by
Leaf Capital Investments Llc
Bought by
Leaf Capital Of Delaware Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2015
Sold by
Leaf Capital Investments Llc
Bought by
Leaf Capital Investments Llc Series E

Purchase Details

Closed on
Mar 21, 2014
Sold by
Chicago Development Group Llc
Bought by
Leaf Capital Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2010
Sold by
U S Bank National Association
Bought by
Chicago Development Group Llc

Purchase Details

Closed on
Jun 11, 2010
Sold by
Lipscomb Irma Jean and Lipscomb Erma Jean
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 10, 1999
Sold by
Mitchell Lealube
Bought by
Lipscomb Irma Jean and Lipscomb Robin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,925
Interest Rate
11.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Burhani Management Llc $53,000 Chicago Title
Leaf Capital Of Delaware Llc -- Attorney
Leaf Capital Investments Llc Series E -- None Available
Leaf Capital Investments Llc $50,000 Stewart Title Company
Chicago Development Group Llc $11,500 Forum Title Insurance Co
Us Bank National Association -- None Available
Lipscomb Irma Jean $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leaf Capital Of Delaware Llc $1,470,000
Previous Owner Leaf Capital Investments Llc Series E $394,750
Previous Owner Leaf Capital Investments Llc $108,500
Previous Owner Lipscomb Irma Jean $74,925
Closed Lipscomb Irma Jean $22,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $53,000 -21.8% $41 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $67,800 -1.6% $53 / Sq Ft
06/16/2020 06/16/20 Price Changed $68,900 -1.4% $54 / Sq Ft
06/04/2020 06/04/20 For Sale $69,900 +31.9% $54 / Sq Ft
04/09/2020 04/09/20 Off Market $53,000 -- --
03/23/2020 03/23/20 Price Changed $69,900 -6.7% $54 / Sq Ft
03/11/2020 03/11/20 Price Changed $74,900 -6.3% $58 / Sq Ft
03/06/2020 03/06/20 Price Changed $79,900 -5.9% $62 / Sq Ft
02/17/2020 02/17/20 For Sale $84,900 -- $66 / 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 $825 $7,500 $2,767 $4,733
2023 $825 $4,000 $1,845 $2,155
2022 $825 $4,000 $1,845 $2,155
2021 $806 $3,999 $1,844 $2,155
2020 $933 $7,282 $2,536 $4,746
2019 $921 $8,003 $2,536 $5,467
2018 $905 $8,003 $2,536 $5,467
2017 $644 $6,358 $2,306 $4,052
2016 $1,377 $6,861 $2,306 $4,555
2015 $1,260 $6,861 $2,306 $4,555
2014 $684 $6,246 $2,075 $4,171
2013 $659 $6,246 $2,075 $4,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10639748

Midwest Real Estate Data (MRED)

APN: 25-28-308-033-0000