NOT LISTED FOR SALE

Estimated Value: $427,000 - $504,000

3 Beds
2 Baths
2,173 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 09, 2012

Last sale price $168,300 $77 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $3,223/month

94 Days on Market

Highlights

  • Fenced Yard
  • Attached Garage
  • Baseboard Heating
  • Wayne Thomas Elementary School Rated A
  • Property is near a bus stop
  • 5-minute walk to Everts Park

About This Home

As of July 2012

INVESTMENT OPPORTUNITY! TWO FLAT WITH 2 BEDROOM, 1 BATH ON FIRST FLOOR AND 1 BEDROOM, 1 BATH ON SECOND FLOOR. ONE CAR ATTACHED GARAGE AND SEPARATE PARKING AREA FOR 2 CARS. SEPARATE ENTRY FOR 2ND FLOOR APARTMENT. LAUNDRY AREA. SOME REHAB NEEDED. ZONED R-3 DUPLEX. CONVENIENT LOCATION. CLOSE TO SHOPPING, SCHOOLS, TRANSPORTATION AND RESTAURANTS IN WONDERFUL DOWNTOWN HIGHWOOD.

Last Agent to Sell the Property

Carol Santi

Coldwell Banker Realty License #475122054 Listed on: 02/01/2012

Coldwell Banker Realty

Last Buyer's Agent

Teresa Rodriguez

Radiant Realty Corp License #471017894

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $8,279

Year Built

  • 1925

Lot Details

  • 8,276

Parking

  • Attached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Shake Siding

Utilities

  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Fenced Yard
  • Property is near a bus stop

Property Details

Home Type

Other

Est. Annual Taxes

$8,279

Year Built

1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Two to Four Units
  • Type-Multi: 2 Flat
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Number Of Rooms: 8
  • Bedrooms All Levels: 3

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Shakes

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Parking Details: Side Apron
  • Number Parking Spaces: 3
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Baseboard, Radiators

Schools

  • Elementary School: OAK TERRACE ELEMENTARY SCHOOL
  • Middle School: NORTHWOOD JUNIOR HIGH SCHOOL
  • High School: HIGHLAND PARK HIGH SCHOOL
  • Junior High Dist: 112

Lot Info

  • Lot Dimensions: 8349
  • Lot Description: Fenced Yard

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2012
Closed on
Jul 9, 2012
Sold by
Lorusso Alexander Susan
Bought by
Rodriguez Martin Rebollar and Rebollar Lucita
Seller's Agent
Carol Santi
Coldwell Banker Realty
Buyer's Agent
Teresa Rodriguez
Radiant Realty Corp
List Price
$195,000
Sold Price
$168,300
Premium/Discount to List
-$26,700
-13.69%
Current Estimated Value
$462,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,362
Avg. Annual Appreciation
7.46%
Original Mortgage
$134,640
Outstanding Balance
$94,133
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$337,865

Purchase Details

Closed on
Mar 23, 1995
Sold by
Lorusso Joseph M
Bought by
Lorusso Alexandria Susan

Purchase Details

Closed on
Dec 1, 1993
Sold by
Lorusso Joseph D and Lorusso Marilyn A
Bought by
Lorusso Joseph M and Lorusso Alexandria Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

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Average Value
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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
Rodriguez Martin Rebollar $168,300 1St American Title
Lorusso Alexandria Susan -- First American Title Ins Co
Lorusso Joseph M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Martin Rebollar $134,640
Previous Owner Lorusso Alexandria Susan $23,600
Previous Owner Lorusso Joseph M $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2012 07/09/12 Sold $168,300 -9.0% $77 / Sq Ft
05/05/2012 05/05/12 Pending -- -- --
04/05/2012 04/05/12 Price Changed $185,000 -5.1% $85 / Sq Ft
02/01/2012 02/01/12 For Sale $195,000 -- $90 / 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 $8,279 $126,148 $37,799 $88,349
2023 $7,842 $113,709 $34,072 $79,637
2022 $7,842 $101,041 $37,430 $63,611
2021 $7,235 $97,672 $36,182 $61,490
2020 $7,067 $97,672 $36,182 $61,490
2019 $7,255 $97,215 $36,013 $61,202
2018 $6,982 $94,991 $39,735 $55,256
2017 $7,104 $99,779 $39,506 $60,273
2016 $6,811 $104,837 $37,610 $67,227
2015 $7,359 $97,405 $34,944 $62,461
2014 $3,904 $54,676 $29,048 $25,628
2012 $3,826 $54,995 $29,217 $25,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07986820

Midwest Real Estate Data (MRED)

APN: 16-15-411-013