NOT LISTED FOR SALE

Estimated Value: $199,000 - $209,000

5 Beds
2 Baths
1,392 Sq Ft
$148/Sq Ft Est. Value

Last Sold January 19, 2015

Last sale price $39,000 $28 Per Sq Ft

Est. 428% increase in value since last sale

Current estimated payment $1,576/month

28 Days on Market

Highlights

  • Cape Cod Architecture
  • Ceiling Fan
  • Paved or Partially Paved Lot

About This Home

As of January 2015

2 UNIT ON LARGE LOT. THE 1ST FLOOR UNIT FEATURES HARDWOOD FLOORS, LARGE COUNTRY KITCHEN & FINISHED BASEMENT WITH 2 FULL BEDROOMS. THE 2ND FLOOR FEATURES 1 BEDROOM AND 1 BATHROOM. THIS 2 UNIT IS NEAR SCHOOLS & SHOPPING. THERE IS ADDITIONAL ALLEY PARKING.

Last Agent to Sell the Property

Jeremy Porter

Porter Key Realty and Property Management LLC Listed on: 11/19/2014

Last Buyer's Agent

Linda Conde

Linda Conde Real Estate License #471009412

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • Lot Dimensions are 50 x 180
  • Paved or Partially Paved Lot

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Year Built: 1943
  • Age: 71-80 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: 5
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • List Price: 40000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Off Alley, Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Paved

Schools

  • Middle/Junior School District: 6

Lot Info

  • Lot Dimensions: 50 X 180
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5051
  • Tax Year: 2012
  • Tax Exemptions: None

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
Nov 19, 2014
Closed on
Dec 19, 2014
Sold by
Kondaur Capital Corporation
Bought by
Lucero Stephen and Lucero Judy
Seller's Agent
Jeremy Porter
Porter Key Realty and Property Management LLC
Buyer's Agent
Linda Conde
Linda Conde Real Estate
List Price
$40,000
Sold Price
$39,000
Premium/Discount to List
-$1,000
-2.5%
Current Estimated Value
$205,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,797
Avg. Annual Appreciation
16.80%

Purchase Details

Closed on
Oct 10, 2014
Sold by
Mcewen David W and 13-Ch-2422 Case #
Bought by
Kondaur Capital Corporation

Purchase Details

Closed on
Mar 22, 2004
Sold by
Pagan Rosa J and Pagan Bentley Rosa
Bought by
Mcewen David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,640
Interest Rate
5.48%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2000
Sold by
Dickson Jill E and Dickson Roy
Bought by
Pagan Rosa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,370
Interest Rate
8.24%
Mortgage Type
FHA
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
Lucero Stephen $39,000 Multiple
Kondaur Capital Corporation $40,480 None Available
Mcewen David W $133,500 --
Pagan Rosa J $122,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcewen David W $131,640
Previous Owner Pagan Rosa J $120,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2015 01/19/15 Sold $39,000 -2.5% $28 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
11/19/2014 11/19/14 For Sale $40,000 -- $29 / 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 $5,817 $47,189 $8,323 $38,866
2023 $5,710 $42,073 $7,421 $34,652
2022 $5,710 $39,945 $6,107 $33,838
2021 $5,546 $35,152 $5,740 $29,412
2020 $5,101 $31,013 $5,377 $25,636
2019 $4,934 $28,890 $5,009 $23,881
2018 $3,965 $22,466 $4,627 $17,839
2017 $3,979 $20,840 $4,292 $16,548
2016 $3,777 $18,918 $3,896 $15,022
2015 $3,683 $21,570 $3,535 $18,035
2014 $4,985 $23,990 $3,601 $20,389
2012 $5,051 $25,549 $3,835 $21,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08789391

Midwest Real Estate Data (MRED)

APN: 04-21-204-005