NOT LISTED FOR SALE

Estimated Value: $385,000 - $443,000

5 Beds
4 Baths
-- Sq Ft
0.27 Acres

Last Sold April 14, 2016

Last sale price $215,000

Est. 97% increase in value since last sale

Current estimated payment $3,072/month

12 Days on Market

About This Home

As of April 2016

Bring your investors!! Arm chair investment or live in one and rent the other 3!! Easy access to Lake Street. One unit newly renovated. Full basements with each unit. Solid brick building with great bones. All units on separate utilities with 3 new water heaters and one new furnace. A must see!

Last Agent to Sell the Property

Joe Landgrebe

@properties Christie's International Real Estate License #475168037 Listed on: 03/03/2016

@properties   Christie's International Real Estate

Co-Listed By

Andy Sokol

The Sokol Group License #471004535

Last Buyer's Agent

Larry Hines

RE/MAX Horizon License #475123873

RE/MAX Horizon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,268

Year Built

  • Built in 1964

Lot Details

  • 0.27

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating Available
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 150x50

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,268

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Dimensions: 150X50
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 9268
  • Tax Year: 2014

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Travers Thomas G and Travers Xingjie
Bought by
T & R Quality Properties Llc - Series M
Current Estimated Value
$422,839

Purchase Details

Listed on
Mar 3, 2016
Closed on
Apr 13, 2016
Sold by
Sieroslawski Steven M
Bought by
Travers Thomas G and Ru Xingjie
Seller's Agent
Joe Landgrebe
@properties Christie's International Real Estate
Buyer's Agent
Larry Hines
RE/MAX Horizon
List Price
$220,000
Sold Price
$215,000
Premium/Discount to List
-$5,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$150,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2002
Sold by
Egger Vernon G
Bought by
Sieroslawski Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,751
Interest Rate
6.8%
Mortgage Type
FHA
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
T & R Quality Properties Llc - Series M -- None Listed On Document
Travers Thomas G $215,000 Fidelity National Title
Sieroslawski Steven M $275,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Travers Thomas G $150,000
Previous Owner Sieroslawski Steven M $270,751
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2016 04/14/16 Sold $215,000 -2.3% --
03/15/2016 03/15/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $220,000 -- --
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 $10,597 $132,414 $22,820 $109,594
2023 $10,198 $119,626 $20,616 $99,010
2022 $9,458 $109,078 $18,798 $90,280
2021 $9,098 $101,980 $17,575 $84,405
2020 $8,879 $97,356 $16,778 $80,578
2019 $8,661 $92,738 $15,982 $76,756
2018 $8,637 $87,365 $15,056 $72,309
2017 $9,037 $87,863 $15,142 $72,721
2016 $8,693 $81,513 $14,048 $67,465
2015 -- $74,714 $12,876 $61,838
2014 -- $73,792 $12,717 $61,075
2013 -- $75,738 $13,052 $62,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09154959

Midwest Real Estate Data (MRED)

APN: 06-22-102-015