$551,000
SOLD MAY 17, 2013
2 Beds
2 Baths
850 Sq Ft
2,962 Sq Ft Lot

Recently Sold

$648 Per Sq Ft

4% Below List Price

5 Days on Market

About This Home

As of April 2015

AMAZING BUCKTOWN LOCATION. ATTENTION INVESTORS AND REHABBERS. DRIVE BY AND MAKE AN OFFER. SOLD AS IS

Last Agent to Sell the Property

Lane Steven

ARNI Realty Incorporated License #475148027 Listed on: 04/13/2013

ARNI Realty Incorporated

Last Buyer's Agent

Igor Michin

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $28,132

Year Built

  • 1891

Home Design

  • Brick Exterior Construction

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$28,132

Year Built

1891

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Type Detached: 1.5 Story
  • Special Features: None
  • Year Built: 1891

Interior Features

  • Number Of Rooms: 5
  • Attic: Full, Interior Stair
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 8X14
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 8X9
  • Living Room Level: Main Level
  • Living Room Size: 13X12
  • Dining Room Level: Main Level
  • Dining Room Size: 13X12
  • Kitchen Level: Main Level
  • Kitchen Size: 14X12
  • Additional Rooms: No additional rooms

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Utilities

  • Cooling: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 24X124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2015
Closed on
Apr 23, 2015
Sold by
City Development Group Inc
Bought by
Lewis Jeffrey J and Lewis Shari Y
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Jeffrey Lowe
Compass
List Price
$1,749,000
Sold Price
$1,700,000
Premium/Discount to List
-$49,000
-2.8%
Current Estimated Value
$1,902,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,039
Avg. Annual Appreciation
0.39%
Original Mortgage
$1,360,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2013
Closed on
May 17, 2013
Sold by
Costales Mary E
Bought by
City Development Group Inc
Seller's Agent
Lane Steven
ARNI Realty Incorporated
Buyer's Agent
Igor Michin
List Price
$575,000
Sold Price
$551,000
Premium/Discount to List
-$24,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.74%
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 Type Sale Price Title Company
Warranty Deed $1,700,000 Proper Title Llc
Warranty Deed $551,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $400,000 Credit Line Revolving
Closed $1,360,000 New Conventional
Previous Owner $800,000 Construction
Previous Owner $25,000 Stand Alone Second
Previous Owner $15,000 Credit Line Revolving
Previous Owner $120,000 New Conventional
Previous Owner $108,000 Unknown
Previous Owner $97,780 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $1,700,000 -2.8% $425 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $1,749,000 +217.4% $437 / Sq Ft
05/17/2013 05/17/13 Sold $551,000 -4.2% $648 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $575,000 -- $676 / 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 $28,132 $164,400 $25,891 $138,509
2023 $27,321 $136,250 $20,832 $115,418
2022 $27,321 $136,250 $20,832 $115,418
2021 $31,037 $157,675 $20,832 $136,843
2020 $32,791 $124,224 $13,540 $110,684
2019 $27,129 $135,027 $13,540 $121,487
2018 $32,791 $166,000 $13,540 $152,460
2017 $21,943 $101,933 $11,904 $90,029
2016 $20,416 $101,933 $11,904 $90,029
2015 $18,679 $101,933 $11,904 $90,029
2014 $7,499 $40,417 $10,416 $30,001
2013 $6,603 $36,306 $10,416 $25,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08316435

Midwest Real Estate Data (MRED)

APN: 14-31-409-045-0000