NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
1962 Built

Sale Details

Date Sold: October 5, 2022

Last sale price $375,000

17 Days on Market

About This Home

As of October 2022

Attention all investors!!! This four unit brick, solid building can bring great return on your investment. One unit vacant, can be occupied by the owner or rented out. Three occupied by long time tenants. Current rents are low and can be raised. Four parking spaces plus plenty on the street.

Last Agent to Sell the Property

Mohammed Iftikhar

Guidance Realty License #475157330 Listed on: 07/14/2022

Last Buyer's Agent

Eduardo Camargo

24/7 Real Estate Inc License #475144315

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,989

Year Built

  • Built in 1962

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Lot Details

  • Lot Dimensions are 25x125

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,989

Year Built

Built in 1962

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Other

Tax Info

  • Tax Annual Amount: 2988.88
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

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
Jul 14, 2022
Closed on
Oct 4, 2022
Sold by
Bought by
Seller's Agent
Mohammed Iftikhar
Guidance Realty
Buyer's Agent
Eduardo Camargo
24/7 Real Estate Inc
List Price
$399,999
Sold Price
$375,000
Premium/Discount to List
-$24,999
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Outstanding Balance
$344,487
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 16, 2021
Sold by
Bought by
Seller's Agent
Renata Pieczka
xr realty
Buyer's Agent
Mohammed Iftikhar
Guidance Realty
List Price
$349,900
Sold Price
$295,000
Premium/Discount to List
-$54,900
-15.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.35%

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jun 25, 2021
Sold by
Bought by
Seller's Agent
Leretha Lowery
Lowery's Realty Group, Inc.
Buyer's Agent
Gennae Taylor
Lowery's Realty Group, Inc.
Sold Price
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
614.67%
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$375,000 Chicago Title
$295,000 Attorney
$137,000 Attorney
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
Open $368,207
Previous Owner $150,000
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
10/05/2022 10/05/22 Sold $375,000 -6.2% --
08/01/2022 08/01/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $399,999 +35.6% --
11/16/2021 11/16/21 Sold $295,000 -15.7% -- View Prior Sale
11/15/2021 11/15/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $349,900 +155.4% --
06/25/2021 06/25/21 Sold $137,000 -8.7% -- View Prior Sale
12/24/2020 12/24/20 Pending -- -- --
12/24/2020 12/24/20 For Sale -- -- --
12/17/2020 12/17/20 For Sale $150,000 -- --
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 $3,261 $11,856 $1,890 $9,966
2024 $3,261 $11,856 $1,890 $9,966
2023 $3,184 $11,856 $1,890 $9,966
2022 $3,184 $9,570 $1,496 $8,074
2021 $3,067 $9,569 $1,496 $8,073
2020 $2,989 $9,569 $1,496 $8,073
2019 $2,701 $7,836 $1,338 $6,498
2018 $2,615 $7,836 $1,338 $6,498
2017 $2,580 $7,836 $1,338 $6,498
2016 $2,408 $6,917 $1,181 $5,736
2015 $2,377 $6,917 $1,181 $5,736
2014 $2,311 $6,917 $1,181 $5,736
2013 $2,296 $7,450 $1,181 $6,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11464306

Midwest Real Estate Data (MRED)
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