$225,000
SOLD JUL 24, 2024
5 Beds
2 Baths
740 Sq Ft
2,439 Sq Ft Lot

Recently Sold

$304 Per Sq Ft

10% Above List Price

3 Days on Market

About This Home

As of July 2024

Come check out this recently remodeled two unit. It is in great condition with excellent tenants. TURNKEY Profitable rehabbed (March 2018) 2-flat multi-unit. Both units feature updated kitchen cabinets and counter-tops, ceramic floors, stainless steel appliances (range and refrigerator), beautiful laminate floors, remodel bathrooms, interior and exterior doors, modern paint (grey) , molding, and ceiling fans. Central Heat System for each floor. Garage is rented and provides extra income! 1st floor has 2 bedrooms, living room, and kitchen + pantry. 2nd floor has 3 bedrooms, living room, and kitchen + pantry, and closet. Both units are fully rented (month to month lease) with desirable rents (see rents) Great location! Across the street from elementary school and playground. Very close to public transportation, shopping, expressways and more. Submit highest and best by Tuesday at 5pm

Last Agent to Sell the Property

Andrea Maldonado

Realty of America, LLC License #471021096 Listed on: 03/14/2024

Realty of America, LLC

Co-Listed By

Yolanda Ortega

Realty of America, LLC License #475198837

Last Buyer's Agent

Dan Nelson

Compass License #475189264

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,051

Year Built

  • Built in 1895 | Remodeled in 2018

Lot Details

  • Lot Dimensions are 25x125

Parking

  • 1.5 Car Detached Garage

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,051

Year Built

Built in 1895 | Remodeled in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 205000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1.5
  • ParkingTotal: 1.5
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1050.6
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jul 24, 2024
Sold by
Munguia Alejandro Soto and Robledo Angelica Fuentes
Bought by
Acuna Ricardo and Vazquez Daniela
Seller's Agent
Andrea Maldonado
Realty of America, LLC
Buyer's Agent
Dan Nelson
Compass
List Price
$205,000
Sold Price
$225,000
Premium/Discount to List
$20,000
9.76%
Views
47
Current Estimated Value
$239,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,114
Avg. Annual Appreciation
6.02%
Original Mortgage
$217,490
Outstanding Balance
$215,962
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$23,152

Purchase Details

Closed on
May 30, 2023
Sold by
Rubledo Angelica Fuentes and Rubledo Alejandro Sot
Bought by
Munguia Alejandro Soto and Robledo Angelica Fuentes

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 19, 2018
Sold by
Galvan Johnny J
Bought by
Fuentes Angelilca
Seller's Agent
Colleen Berg
Berg Properties
Buyer's Agent
David Dominguez
Realty of America, LLC
List Price
$150,000
Sold Price
$151,500
Premium/Discount to List
$1,500
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$136,350
Interest Rate
12.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2017
Closed on
Jan 8, 2018
Sold by
Martin Jose
Bought by
Galvan Johnny
Seller's Agent
Maria Castillo
RE/MAX MI CASA
Buyer's Agent
Salvador Gonzalez
RE/MAX MI CASA
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.02%
Original Mortgage
$75,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 1993
Sold by
Gronsky John M
Bought by
Martin Jose and Martin Desideria
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 $225,000 Old Republic Title
Quit Claim Deed -- Chicago Title Insurance Compan
Warranty Deed $151,500 Attorney
Warranty Deed $100,000 None Available
Warranty Deed $28,666 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,490 FHA
Previous Owner $136,350 New Conventional
Previous Owner $75,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $225,000 +9.8% $304 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $205,000 +35.3% $277 / Sq Ft
11/20/2018 11/20/18 Sold $151,500 +1.0% $205 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $150,000 +50.0% $203 / Sq Ft
01/12/2018 01/12/18 Sold $100,000 -9.0% $135 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $109,900 -- $149 / 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 $2,015 $12,000 $1,469 $10,531
2023 $1,965 $9,500 $1,958 $7,542
2022 $1,965 $9,500 $1,958 $7,542
2021 $1,910 $9,499 $1,958 $7,541
2020 $1,485 $6,621 $2,448 $4,173
2019 $1,521 $7,524 $2,448 $5,076
2018 $1,496 $7,524 $2,448 $5,076
2017 $1,811 $8,357 $2,203 $6,154
2016 $1,685 $8,357 $2,203 $6,154
2015 $1,543 $8,357 $2,203 $6,154
2014 $1,491 $7,973 $2,080 $5,893
2013 $1,462 $7,973 $2,080 $5,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12004932

Midwest Real Estate Data (MRED)

APN: 20-06-412-044-0000