NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: January 29, 2016

Last sale price $500,000

Highlights

  • Colonial Architecture
  • Corner Lot
  • Heating Available
  • Maine West High School Rated A-
  • Porch
  • 1-minute walk to Menominee Park

About This Home

As of January 2016

**METICULOUSLY MAINTAINED 4-FLAT FACES LAUREL**MONTH -MONTH BUT THEY PREFER TO STAY**OPTIONS FOR OWNER TO LIVE THERE**WALK TO TRAIN,DOWNTOWN**FULLY RENTED**PREMIUM CORNER LOT**PARKING**CLOSE TO PARK AREA**COIN LAUNDRY, STORAGE ON-SITE**ENJOY THE PARK ACROSS THE STREET**GREAT PROFIT RATIO**PARKING LOT HAS 5 SPOTS** CORNER LOT WITH PARKING ALLOWED ON LAUREL AND BROWN**

Last Agent to Sell the Property

Fay Buican

HomeSmart Connect LLC Listed on: 01/25/2016

HomeSmart Connect LLC

Last Buyer's Agent

Jason Hiller

Jameson Sotheby's Intl Realty License #475158547

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,573

Year Built

  • Built in 1960

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125x25x125
  • Corner Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Utilities

  • Heating Available
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $41,100
  • Net Operating Income $18,566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,573

Year Built

Built in 1960

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Year Built: 1960
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • ExteriorFeatures: Porch
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 22534

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125X25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: None

Multi Family

  • Net Operating Income: 18566
  • GrossIncome: 41100
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10573.4
  • Tax Year: 2014
  • 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

Closed on
Apr 22, 2016
Sold by
Sevic Milan and Sevic Milena
Bought by

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jan 29, 2016
Sold by
Thomas Scott and Thomas Peggy
Bought by
Sevic Milan and Sevic Milena
Seller's Agent
Fay Buican
HomeSmart Connect LLC
Buyer's Agent
Jason Hiller
Jameson Sotheby's Intl Realty
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%

Purchase Details

Closed on
Oct 3, 2013
Sold by
Sovereign Commons Llc
Bought by
Thomas Scott and Thomas Peggy

Purchase Details

Closed on
Nov 14, 2006
Sold by
Thomas Scott and Thomas Peggy
Bought by
Sovereign Commons Llc

Purchase Details

Closed on
Aug 14, 2006
Sold by
Park National Bank
Bought by
Thomas Scott and Thomas Peggy

Purchase Details

Closed on
Feb 29, 2000
Sold by
Litwitz Edwin and Litwitz Edna M
Bought by
Cosmopolitan Bank & Trust and Trust #29875

Purchase Details

Closed on
Mar 7, 1996
Sold by
Litwitz Edwin and Litwitz Edna M
Bought by
Litwitz Edwin and Litwitz Edna M

Purchase Details

Closed on
Oct 4, 1993
Sold by
Aronson Bruce
Bought by
Litwitz Edwin and Litwitz Edna
Source: Public Records

Home Values in the Area

Source: Public Records

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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
-- None Available
Sevic Milan $500,000 First American Title
Thomas Scott -- None Available
Sovereign Commons Llc -- None Available
Thomas Scott $607,500 1St American Title
Cosmopolitan Bank & Trust $348,500 --
Litwitz Edwin -- --
Litwitz Edwin $160,000 --
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
01/29/2016 01/29/16 Sold $500,000 -13.0% --
01/25/2016 01/25/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $575,000 -- --
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
2025 $7,343 $32,907 $2,813 $30,094
2024 $7,343 $27,853 $2,500 $25,353
2023 $7,167 $27,853 $2,500 $25,353
2022 $7,167 $27,853 $2,500 $25,353
2021 $6,180 $20,105 $2,031 $18,074
2020 $6,076 $20,105 $2,031 $18,074
2019 $6,219 $23,110 $2,031 $21,079
2018 $5,409 $18,086 $1,796 $16,290
2017 $5,313 $18,086 $1,796 $16,290
2016 $6,611 $23,791 $1,796 $21,995
2015 $5,401 $17,864 $1,562 $16,302
2014 $5,287 $17,864 $1,562 $16,302
2013 $5,155 $17,864 $1,562 $16,302
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09123791

Midwest Real Estate Data (MRED)
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