NOT LISTED FOR SALE

Estimated Value: $762,000 - $2,190,000

8 Beds
3 Baths
3,080 Sq Ft
$533/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $520,000 $169 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $10,673/month

175 Days on Market

About This Home

As of June 2019

East Village: Great investment opportunity! Rehab this multi unit or buy for your next single family development in a wonderful neighborhood. Near Mitchell Elementary. Walk to night life, Mariano's, & great restaurants, 10 min from downtown. Sold as-is! Zoning RS-3

Last Agent to Sell the Property

Joe Betancourt

Betancourt Realty License #471008095 Listed on: 10/27/2018

Co-Listed By

Patricia Santiago

Nelly Corp Realty License #475181206

Last Buyer's Agent

Patrick Shino

Fulton Grace Realty License #475173831

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,552

Year Built

  • Built in 1905

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 122

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Finished 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

Est. Annual Taxes

$6,552

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 549000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25 X 122
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6552.32
  • Tax Year: 2016

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2018
Closed on
May 30, 2019
Sold by
Barahona Lilia and Barahona Julio
Bought by
Weir Michael and Patel Payal
Seller's Agent
Joe Betancourt
Betancourt Realty
Buyer's Agent
Patrick Shino
Fulton Grace Realty
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%
Current Estimated Value
$1,642,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,122,033
Avg. Annual Appreciation
19.65%
Original Mortgage
$260,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2013
Sold by
Barahona Lilia and Barahona Julio
Bought by
Barahona Lilia and Barahona Julio
Source: Public Records

Range of Values:

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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
Weir Michael $520,000 Proper Title Llc
Barahona Lilia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Weir Michael $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2019 06/03/19 Sold $520,000 -5.3% $169 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
10/27/2018 10/27/18 For Sale $549,000 -- $178 / Sq Ft
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 $24,733 $157,000 $22,536 $134,464
2023 $24,980 $120,186 $10,285 $109,901
2022 $24,980 $124,870 $10,285 $114,585
2021 $25,110 $124,870 $10,285 $114,585
2020 $2,291 $10,285 $10,285 $0
2019 $5,905 $54,945 $10,285 $44,660
2018 $5,816 $62,789 $10,285 $52,504
2017 $6,227 $43,982 $9,075 $34,907
2016 $6,552 $43,982 $9,075 $34,907
2015 $6,297 $43,982 $9,075 $34,907
2014 $5,813 $38,956 $7,562 $31,394
2013 $5,429 $38,956 $7,562 $31,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10123659

Midwest Real Estate Data (MRED)

APN: 17-07-206-003-0000