NOT LISTED FOR SALE
6 Beds
5 Baths
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: June 1, 2021

Last sale price $705,000

4 Days on Market

Highlights

  • Den
  • Forced Air Heating System
  • 3-minute walk to Barrett Park

About This Home

As of June 2021

A gorgeous remodeled 2016, of an existing 2 flat with gourmet kitchens, stainless steel package, laundry in-unit, central heat and air, beautiful new coffee stained hardwood floors and luxurious bathrooms. All new plumbing, mechanicals, electric and roof! Perfect for an investor or an owner occupant.

Last Agent to Sell the Property

SOLMAY HERNANDEZ

Realty of America License #475122187 Listed on: 03/26/2021

Realty of America

Last Buyer's Agent

Diana Arellano

Diana Arellano License #471010109

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,844

Year Built

  • Built in 1895 | Remodeled in 2016

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Den
  • Crawl Space
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $55,620
  • Net Operating Income $35,937

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,844

Year Built

Built in 1895 | Remodeled in 2016

Lot Details

3,049 Sq Ft Lot

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: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • Rebuilt Year: 2016
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors
  • Room Type: Den
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 35937
  • GrossIncome: 55620
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4844.01
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 26, 2021
Sold by
Bought by
Seller's Agent
SOLMAY HERNANDEZ
Realty of America
Buyer's Agent
Diana Arellano
Diana Arellano
Sold Price
$705,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
0.0295%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2016
Closed on
Aug 18, 2016
Sold by
Bought by
Seller's Agent
Ewan Dickson
Cagan's Realty, Inc.
Buyer's Agent
SOLMAY HERNANDEZ
Realty of America
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$485,000
Interest Rate
0.0256%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
0.046%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
0.0502%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$705,000 Chicago Title
$485,000 Chicago Title
$130,000 Stc
-- None Available
$76,500 Cti
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $705,000
Previous Owner $485,000
Previous Owner $276,500
Previous Owner $69,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2021 06/01/21 Sold $705,000 -4.1% --
03/30/2021 03/30/21 For Sale -- -- --
03/30/2021 03/30/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $735,000 +51.5% --
08/29/2016 08/29/16 Sold $485,000 -2.8% -- View Prior Sale
07/13/2016 07/13/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $499,000 +29252.9% --
06/06/2016 06/06/16 Pending -- -- --
05/24/2016 05/24/16 Rented $1,700 0.0% --
05/16/2016 05/16/16 Price Changed $499,000 0.0% --
05/07/2016 05/07/16 Under Contract -- -- --
05/03/2016 05/03/16 Price Changed $525,000 0.0% --
04/20/2016 04/20/16 Price Changed $1,700 0.0% --
04/19/2016 04/19/16 For Sale $550,000 0.0% --
04/05/2016 04/05/16 Price Changed $1,800 -5.3% --
03/24/2016 03/24/16 For Rent $1,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,440 $54,000 $11,470 $42,530
2024 $8,440 $54,000 $11,470 $42,530
2023 $8,227 $40,000 $9,300 $30,700
2022 $8,227 $40,000 $9,300 $30,700
2021 $7,374 $40,000 $9,300 $30,700
2020 $3,982 $20,975 $7,285 $13,690
2019 $4,844 $24,110 $7,285 $16,825
2018 $4,763 $24,110 $7,285 $16,825
2017 $4,935 $22,925 $6,355 $16,570
2016 $4,592 $22,925 $6,355 $16,570
2015 $1,772 $9,669 $6,355 $3,314
2014 $3,781 $20,380 $5,580 $14,800
2013 $3,707 $20,380 $5,580 $14,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11033653

Midwest Real Estate Data (MRED)
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