NOT LISTED FOR SALE

Estimated Value: $239,000

6 Beds
2 Baths
1,620 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 15, 2014

Last sale price $4,000 $2 Per Sq Ft

Est. 5,875% increase in value since last sale

Current estimated payment $1,316/month

62 Days on Market

About This Home

As of September 2014

MONEY MAKING TWO UNIT HAS A TWO THREE BEDROOM UNITS, FULL BASEMENT AND MORE. IT IS LOCATED ON A BEAUTIFUL BLOCK. THIS IS A REVERSE MORTGAGE FORECLOSURE. BUYER IS RESPONSIBLE FOR ANY AND ALL VILLAGE REQUIREMENTS, INSPECTIONS. PROPERTY IS BEING SOLD "AS IS". PROPERTY IS BEING SOLD SUBJECT TO 24 CFR 206.125 (SEE DOC POSTER) SELLER DOES NOT PROVIDE SURVEY OR TERMITE INSPECTION.

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty Inc License #471004755 Listed on: 06/04/2014

Last Buyer's Agent

John Walsh

George Vlasis Realty License #475156636

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Utilities

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

Lot Info

  • Lot Dimensions: 2800
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1749
  • Tax Year: 2012

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Aug 22, 2014
Sold by
Fannie Mae
Bought by
Holiday James
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
John Walsh
George Vlasis Realty
List Price
$4,000
Sold Price
$4,000
Current Estimated Value
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,000
Avg. Annual Appreciation
43.02%

Purchase Details

Closed on
Dec 24, 2013
Sold by
Live Well Financial Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 1, 2009
Sold by
Park National Bank
Bought by
Atkinson Rufus P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
12%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2008
Sold by
Dlj Mortgage Capital Inc
Bought by
Park National Bank Trust #32267

Purchase Details

Closed on
Mar 28, 2008
Sold by
Sims Johnny
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Mar 13, 2007
Sold by
D & J Properties Ii Inc
Bought by
Sims Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
8.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2006
Sold by
Wells Fargo Bank Na
Bought by
D & J Properties Ii Inc

Purchase Details

Closed on
May 4, 2006
Sold by
Walker Tara
Bought by
Wells Fargo Bank Na and Asset Backed Pass Through Certificates S

Purchase Details

Closed on
Jun 27, 2005
Sold by
New Skyline Development Llc
Bought by
Walker Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
8.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2004
Sold by
Payne Curtis
Bought by
New Skyline Development Llc

Purchase Details

Closed on
Aug 28, 2003
Sold by
Village Sites Inc
Bought by
Williams Andrew and Payne Curtis

Purchase Details

Closed on
Feb 20, 2003
Sold by
Washington Mutual Bank Fa
Bought by
Village Sites Inc

Purchase Details

Closed on
Jan 3, 2003
Sold by
Federal National Mortgage Association
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Oct 23, 2002
Sold by
Alcorn Thelma
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 21, 2000
Sold by
Steele Terry
Bought by
Alcorn Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 1996
Sold by
Hud
Bought by
Steele Terry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holiday James -- Multiple
Federal National Mortgage Association -- Attorneys Title Guaranty Fun
Atkinson Rufus P $175,000 None Available
Park National Bank Trust #32267 $11,000 Multiple
Dlj Mortgage Capital Inc -- None Available
Sims Johnny $205,000 Lasalle Title
D & J Properties Ii Inc $111,000 Ticor
Wells Fargo Bank Na -- None Available
Walker Tara $170,000 Synergy Title Services Llc
New Skyline Development Llc $23,000 --
Payne Curtis -- --
Williams Andrew $40,000 Exeter Title Company
Village Sites Inc -- Multiple
Washington Mutual Bank Fa -- --
Federal National Mortgage Association -- --
Alcorn Thelma $120,000 --
Steele Terry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atkinson Rufus P $32,000
Previous Owner Sims Johnny $205,000
Previous Owner Walker Tara $153,000
Previous Owner Alcorn Thelma $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2014 09/15/14 Sold $4,000 0.0% $2 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $4,000 0.0% $2 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $4,000 -- $2 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $563 $1,680 $1,680 --
2024 $563 $1,680 $1,680 --
2023 $549 $2,660 $2,660 --
2022 $549 $2,660 $2,660 $0
2021 $536 $2,660 $2,660 $0
2020 $1,690 $7,566 $1,820 $5,746
2019 $1,752 $8,697 $1,820 $6,877
2018 $1,722 $8,697 $1,820 $6,877
2017 $2,679 $12,417 $1,680 $10,737
2016 $2,493 $12,417 $1,680 $10,737
2015 $2,281 $12,417 $1,680 $10,737
2014 $1,809 $9,725 $1,400 $8,325
2013 $1,773 $9,725 $1,400 $8,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08634793

Midwest Real Estate Data (MRED)

APN: 25-22-314-011-0000

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