NOT LISTED FOR SALE

1260 Chicago Dr SW Wyoming, MI 49509

Urbandale Neighborhood

Estimated Value: $233,000 - $251,000

2 Beds
3 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold July 06, 2017

Last sale price $117,500

Est. 108% increase in value since last sale

Current estimated payment $1,529/month

128 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 4-minute walk to Marquette Park
  • 4 Car Garage
  • Level Lot

About This Home

As of July 2017

Double Lot. Lower unit features lots of natural woodwork, finished basement with laundry facilities and deck. Excellent for owner/occu - pant. Upper unit has all newer replacement windows, roof, furnace and water heater.

Last Agent to Sell the Property

Ann Myers

RE/MAX United (Main) License #6501305877 Listed on: 01/17/2017

RE/MAX United (Main)

Last Buyer's Agent

Nicholas Ghiglia

Berkshire Hathaway HomeServices Michigan Real Estate License #6501400768

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 1923

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 86x120
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,080
  • Maintenance Expense $500
  • Utility Expense $475
  • Operating Expense $2,055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,670

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1923
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 86X120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2669.5
  • Tax Info:Zoning3: R-2
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 124900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10454.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Insurance Expense: 1080.0
  • Maintenance Expense: 500.0
  • Number of Units Total: 2
  • Operating Expense: 2055.0

Tax Info

  • Tax Annual Amount: 2669.5
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2017
Closed on
Jul 6, 2017
Sold by
Martin Ronald
Bought by
Derais Megan
Seller's Agent
Ann Myers
RE/MAX United (Main)
Buyer's Agent
Nicholas Ghiglia
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$129,900
Sold Price
$117,500
Premium/Discount to List
-$12,400
-9.55%
Current Estimated Value
$244,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,293
Avg. Annual Appreciation
9.24%
Original Mortgage
$115,371
Outstanding Balance
$97,132
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$143,733

Purchase Details

Closed on
Jul 28, 2005
Sold by
Covarrubias Veronica
Bought by
Martin Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 2, 2004
Sold by
Covarrubias Alberto
Bought by
Covarrubias Veronica

Purchase Details

Closed on
Apr 9, 1997
Bought by
Covarrubias Alberto and Covarrubias Vero

Purchase Details

Closed on
Jun 27, 1991

Purchase Details

Closed on
Aug 28, 1986
Source: Public Records

Range of Values:

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Average Value
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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
Derais Megan $117,500 Chicago Title Of Michigan
Martin Ronald $110,000 --
Covarrubias Veronica -- --
Covarrubias Alberto $66,900 --
-- $61,700 --
-- $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derais Megan $115,371
Previous Owner Martin Ronald $22,000
Previous Owner Martin Ronald $88,000
Previous Owner Covarrubias Alberto I $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2017 07/06/17 Sold $117,500 -9.5% --
05/25/2017 05/25/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $129,900 -- --
Source: Southwestern Michigan Association of REALTORS®

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
2025 $2,341 $108,900 $0 $0
2024 $2,341 $103,600 $0 $0
2023 $2,386 $88,300 $0 $0
2022 $2,211 $74,600 $0 $0
2021 $2,165 $70,800 $0 $0
2020 $1,942 $58,500 $0 $0
2019 $2,512 $49,200 $0 $0
2018 $1,969 $39,700 $0 $0
2017 $2,473 $37,100 $0 $0
2016 $2,412 $37,000 $0 $0
2015 $2,391 $37,000 $0 $0
2013 -- $36,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ann Myers

    Seller's Agent in 2017

    Ann Myers

    RE/MAX Michigan

    (616) 822-1193

    59 Total Sales

    Section Image

  • N

    Buyer's Agent in 2017

    Nicholas Ghiglia

    Berkshire Hathaway HomeServices Michigan Real Estate

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17001771

Southwestern Michigan Association of REALTORS®

APN: 41-17-02-328-004

Michigan Kent County Wyoming 49509 Urbandale

1260 Chicago Dr SW, Wyoming, MI

This home is located at 1260 Chicago Dr SW, Wyoming, MI 49509 since 17 January 2017 and is currently estimated at $244,793. This property was built in 1923. 1260 Chicago Dr SW is a home located in Kent County with nearby schools including Godfrey Elementary School, Lee Middle & High School, and Potters House School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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