NOT LISTED FOR SALE

Estimated Value: $160,270 - $184,000

2 Beds
2 Baths
-- Sq Ft
2,657 Sq Ft Lot

Sale Details

Date Sold: December 13, 2021

Last sale price $120,000

Est. 45% increase in value since last sale

Current estimated payment $1,130 / mo

8 Days on Market

About This Home

As of December 2021

BACK ON THE MARKET, BUYER'S FINANCING FELL THROUGH. Great Investment----Excellent opportunity to own a mixed use, retail/residential income generating Property! Ideal for the savvy investor or small business owner who's looking to generate high revenues with steady Cash Flow! Or looking or rent out the retail space and live on the second level for free! Either way it's a win-win. It is situated on a major street with exposure to local transportation and great foot traffic. The spacious ground level is the perfect retail space for a restaurant, tax consulting, bookstore, health and wellness, beauty salon, specialty store, and more! The spacious retail space is approx. 1200 square feet! Zone area B1-1. It features 4 rooms and 1/2 bath with modern new LED panel lights. The 2nd Floor Unit, recently remodeled with new baseboard heaters, ceiling fans, led lighting, new bathrooms, doors, trims and baseboards! The spacious floor plan features beautiful hardwood floors, modern fixtures, lots of natural lighting and freshly painted throughout! The gorgeous faux fireplace is a focal point in the expansive living room, dining room, and leads into a large eat-in kitchen with granite countertops, marble backsplash, and new shaker cabinets. Adjacent to the kitchen is a nice sunroom and laundry room There are 2 generous-size bedrooms and a bath with modern fixtures and finishes. Full basement-great for storage--and a recently installed New Roof, New Sump Pump and completely dugout - rebuilt basement drain system. Backyard patio has been totally redone with brand new concrete----great for summer gatherings! This Property is being Sold AS-IS. Don't miss out-Schedule your private tour today!

Last Agent to Sell the Property

Frank Montro

Keller Williams Preferred Rlty License #475128449 Listed on: 11/02/2021

Keller Williams Preferred Rlty

Co-Listed By

Reginald Rawden

Keller Williams Preferred Rlty License #471013727

Last Buyer's Agent

Christopher Allen

eXp Realty License #475193689

eXp Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1927 | Remodeled in 2020

Lot Details

  • 2,657

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Waterfront

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,589

Year Built

Built in 1927 | Remodeled in 2020

Lot Details

2,657 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

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

Exterior Features

  • Foundation Details: Brick/Mortar
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Baseboard
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 2650
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2588.58
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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

Listed on
Nov 2, 2021
Closed on
Dec 21, 2021
Sold by
Taylor James L
Bought by
Seller's Agent
Frank Montro
Keller Williams Preferred Rlty
Buyer's Agent
Christopher Allen
eXp Realty
List Price
$139,000
Sold Price
$120,000
Premium/Discount to List
-$19,000
-13.67%
Current Estimated Value
$173,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,757
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Nov 5, 1999
Sold by
Pullman Bank & Trust Company
Bought by
Taylor James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
7.87%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
$36,500 --
Lovely Rental Property Corp $120,000 --
Taylor James L -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $58,800
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
12/13/2021 12/13/21 Sold $120,000 -13.7% --
11/11/2021 11/11/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $139,000 -- --
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 $2,110 $13,000 $1,325 $11,675
2024 $2,110 $13,000 $1,325 $11,675
2023 $2,057 $10,000 $2,120 $7,880
2022 $2,057 $10,000 $2,120 $7,880
2021 $2,011 $10,000 $2,120 $7,880
2020 $2,589 $11,620 $2,120 $9,500
2019 $2,653 $13,205 $2,120 $11,085
2018 $2,608 $13,205 $2,120 $11,085
2017 $3,532 $16,409 $1,855 $14,554
2016 $3,287 $16,409 $1,855 $14,554
2015 $3,007 $16,409 $1,855 $14,554
2014 $2,795 $15,065 $1,722 $13,343
2013 $2,740 $15,065 $1,722 $13,343
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11261265

Midwest Real Estate Data (MRED)

APN: 20-30-434-033-0000

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