NOT LISTED FOR SALE

Estimated Value: $189,727 - $275,000

6 Beds
2 Baths
1,012 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $130,000 $128 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,265/month

60 Days on Market

About This Home

As of September 2019

INCOME GENERATING 2 UNIT IN MOVE-IN READY CONDITION! FIRST FLOOR OFFERING LIVING ROOM, DINING ROOM, 3 BEDROOMS, CABINET KITCHEN AND FULL BATH! SECOND FLOOR OFFERING LIVING ROOM, DINING ROOM, 3 BEDROOMS, CABINET KITCHEN & FULL BATH! FRESHLY PAINTED THROUGH-OUT, NICE FENCED YARD! COMMUTER FRIENDLY, CLOSE TO SHOPPING, DINING AND RECREATION!

Last Agent to Sell the Property

Luis Ortiz

RE/MAX Partners License #475136884 Listed on: 06/06/2019

RE/MAX Partners

Last Buyer's Agent

Joanna Oladiji

Oladiji Realty LLC License #471013044

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,703

Year Built

  • Built in 1893

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 126x36

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,703

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking: None

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 126X36
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2702.64
  • Tax Year: 2017

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

Closed on
Jul 31, 2020
Sold by
Akinyemi Akiatayo
Bought by
Jetak Llc
Current Estimated Value
$208,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 6, 2019
Closed on
Sep 20, 2019
Sold by
L E A Group Llc
Bought by
Akinyemi Akintayo
Seller's Agent
Luis Ortiz
RE/MAX Partners
Buyer's Agent
Joanna Oladiji
Oladiji Realty LLC
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Feb 21, 2014
Sold by
Fannie Mae
Bought by
L E A Group Llc

Purchase Details

Closed on
Jan 18, 2013
Sold by
Land Dora J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 19, 2001
Sold by
Monroe Myrna R
Bought by
Land Dora J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
11.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2000
Sold by
Federal National Mortgage Association
Bought by
Monroe Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,515
Interest Rate
10.49%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2000
Sold by
Rotiroti Alfred J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 24, 1994
Sold by
Rock & Roti Property Management Inc
Bought by
Rotiroti Alfred J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,900
Interest Rate
8.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 1993
Sold by
Va
Bought by
Bankers Trust Company Of California Na and Vendee Mtg Trust 1993-2
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

Date Buyer Sale Price Title Company
Jetak Llc -- Fidelity National Title
Akinyemi Akintayo $130,000 Attorney
L E A Group Llc $17,000 Servicelink
Federal National Mortgage Association -- Premier Tiltle
Land Dora J $114,000 Stewart Title
Monroe Myrna -- --
Federal National Mortgage Association -- --
Rotiroti Alfred J $100,000 --
Rock & Roti Property Management Inc -- --
Bankers Trust Company Of California Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jetak Llc $108,500
Previous Owner Land Dora J $108,300
Previous Owner Monroe Myrna $47,515
Previous Owner Rotiroti Alfred J $96,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $130,000 0.0% $128 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $130,000 0.0% $128 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $130,000 0.0% $128 / Sq Ft
06/13/2019 06/13/19 Off Market $130,000 -- --
06/06/2019 06/06/19 For Sale $130,000 0.0% $128 / Sq Ft
11/25/2016 11/25/16 Rented $900 0.0% --
11/12/2016 11/12/16 Price Changed $900 -2.7% $1 / Sq Ft
11/11/2016 11/11/16 Price Changed $925 -7.5% $1 / Sq Ft
07/20/2016 07/20/16 For Rent $1,000 -- --
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
2025 $2,115 $12,300 $3,411 $8,889
2024 $2,115 $12,300 $3,411 $8,889
2023 $2,063 $10,000 $5,685 $4,315
2022 $2,063 $10,000 $5,685 $4,315
2021 $2,017 $10,000 $5,685 $4,315
2020 $2,590 $11,597 $4,093 $7,504
2019 $2,625 $13,031 $4,093 $8,938
2018 $2,581 $13,031 $4,093 $8,938
2017 $2,703 $12,527 $3,638 $8,889
2016 $2,515 $12,527 $3,638 $8,889
2015 $2,301 $12,527 $3,638 $8,889
2014 $1,933 $12,963 $2,728 $10,235
2013 $1,884 $12,963 $2,728 $10,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10406619

Midwest Real Estate Data (MRED)

APN: 25-01-411-041-0000