NOT LISTED FOR SALE

Estimated Value: $209,000 - $296,501

4 Beds
2 Baths
1,631 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $38,100 $23 Per Sq Ft

Est. 585% increase in value since last sale

Current estimated payment $1,676/month

76 Days on Market

About This Home

As of June 2015

FORECLOSED PROPERTY AWAITING NEW OWNERS PROPETY BEING SOLD AS IS CURRENTLY TENTANT OCCUPIED WITH NO LEASES FIRST FLOOR TENANT HAS CHICAGO LOW INCOME TRUST FUND . SELLERS LOOKING FOR CASH BUYERS OR CONVENTIONAL LOANS ONLY REALTORS PLEASE REVIEW AGENT REMARKS BEFORE SUBMITTING OFFER ALL BUYERS MUST PHYSICALLY VIEW PROPERTY.**MULTIPLE OFFER SITUATION HIGHEST AND BEST DUE BY 10AM 5/18****

Last Agent to Sell the Property

Corey Scott

MNK Realty Professionals LLC License #471012302 Listed on: 03/11/2015

Last Buyer's Agent

Britta Welbon-Rivera

Baird & Warner License #471012139

Baird & Warner

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 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

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 40500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3271.23
  • Tax Year: 2013

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
Mar 11, 2015
Closed on
Jun 29, 2015
Sold by
Jeff Bv Commercial Llc
Bought by
Perry Ernest Properties Llc
Seller's Agent
Corey Scott
MNK Realty Professionals LLC
Buyer's Agent
Britta Welbon-Rivera
Baird & Warner
List Price
$50,000
Sold Price
$38,100
Premium/Discount to List
-$11,900
-23.8%
Current Estimated Value
$261,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,025
Avg. Annual Appreciation
20.79%

Purchase Details

Closed on
Jan 26, 2015
Sold by
Scott Natalie A
Bought by
Jeff Bv Commercial Llc

Purchase Details

Closed on
Feb 24, 2006
Sold by
Oates Cloretta
Bought by
Scott Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.8%
Mortgage Type
Fannie Mae Freddie Mac
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
Perry Ernest Properties Llc $36,500 Barrister Title
Jeff Bv Commercial Llc -- None Available
Scott Natalie $165,000 None Available
Oates Cloretta -- None Available
Oates Cloretta -- None Available
Oates Cloretta -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Natalie $172,500
Previous Owner Scott Natalie $132,000
Previous Owner Scott Natalie A $33,000
Previous Owner Oates Betty $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $38,100 -5.9% $23 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/15/2015 05/15/15 Price Changed $40,500 -10.0% $25 / Sq Ft
04/02/2015 04/02/15 Price Changed $45,000 -10.0% $28 / Sq Ft
03/26/2015 03/26/15 For Sale $50,000 +31.2% $31 / Sq Ft
03/22/2015 03/22/15 Off Market $38,100 -- --
03/11/2015 03/11/15 For Sale $50,000 -- $31 / 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 $3,176 $18,500 $8,700 $9,800
2023 $3,096 $15,000 $7,050 $7,950
2022 $3,096 $15,000 $7,050 $7,950
2021 $3,026 $15,000 $7,050 $7,950
2020 $2,718 $12,160 $7,050 $5,110
2019 $2,724 $13,512 $7,050 $6,462
2018 $2,678 $13,512 $7,050 $6,462
2017 $3,522 $16,303 $6,300 $10,003
2016 $3,265 $16,303 $6,300 $10,003
2015 $2,987 $16,303 $6,300 $10,003
2014 $3,337 $17,986 $6,000 $11,986
2013 $3,271 $17,986 $6,000 $11,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08858936

Midwest Real Estate Data (MRED)

APN: 16-23-314-009-0000