NOT LISTED FOR SALE
10 Beds
3 Baths
2,640 Sq Ft
4,792 Sq Ft Lot

Last Sold January 05, 2018

Last sale price $285,000 $108 Per Sq Ft

23 Days on Market

About This Home

As of January 2018

Top to Bottom 3- unit renovation with ALL NEW MECHANICALS! All work has been inspected and approved by the city. Your clients can enjoy a live-in/investment property that will be practically maintenance free with top rents in the area. These units feature parking, granite countertops, stainless steel appliances, new kitchen cabinets, new oak wood floors, and q block from the Pink Line. Units were in high demand and rents were found within a week. When fully occupied ($1455, $1400, $1400), the cap rate is 15%. ALL BUYERS WELCOME!

Last Agent to Sell the Property

Vincent Geraci

Vista Group Realty Inc License #471020222 Listed on: 11/07/2017

Last Buyer's Agent

Kimberly Lumsdon

Basis Real Estate Group License #475108645

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,216

Year Built

  • Built in 1887 | Remodeled in 2017

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,216

Year Built

Built in 1887 | Remodeled in 2017

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1887
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 10
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 40X125
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4215.51
  • Tax Year: 2016

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2018 01/05/18 Sold $285,000 -8.0% $108 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
11/18/2017 11/18/17 For Sale $309,900 0.0% $117 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $309,900 +463.5% $117 / Sq Ft
10/20/2016 10/20/16 Sold $55,000 -26.7% $21 / Sq Ft View Prior Sale
09/28/2016 09/28/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $75,000 -- $28 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $4,022 $26,000 $7,014 $18,986
2024 $4,022 $26,000 $7,014 $18,986
2023 $3,921 $19,001 $5,684 $13,317
2022 $3,921 $19,001 $5,684 $13,317
2021 $3,833 $18,999 $5,683 $13,316
2020 $2,784 $12,458 $5,683 $6,775
2019 $2,887 $14,320 $5,683 $8,637
2018 $2,838 $14,320 $5,683 $8,637
2017 $4,447 $20,585 $5,078 $15,507
2016 $4,123 $20,585 $5,078 $15,507
2015 $3,772 $20,585 $5,078 $15,507
2014 $3,583 $19,314 $4,837 $14,477
2013 $3,513 $19,314 $4,837 $14,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09795606

Midwest Real Estate Data (MRED)

APN: 16233080330000

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