NOT LISTED FOR SALE
6 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold January 24, 2017

Last sale price $378,800

32 Days on Market

About This Home

As of January 2017

RARELY AVAILABLE FULLY TENANTED 3 FLAT IN NORDIC PARK ITASCA. EXCELLENT CONDITION. NO WORK TO BE DONE. TURN-KEY INVESTMENT. FANTASTIC TENANTS BUT PAYING UNDER MARKET RENT. COIN LAUNDRY FOR EXTRA INCOME. YOU'LL NEVER HAVE AN EXTENDED VACANCY. POPULAR BECAUSE OF RENTAL PRICE, AMAZING SCHOOL DISTRICT, WALKING DISTANCE TO TENNIS COURTS AND PARK. WE HATE TO SELL BUT WE'RE MOTIVATED BECAUSE OF OTHER BUSINESS VENTURES. THIS WON'T LAST LONG!

Last Agent to Sell the Property

Justin Gaffney

Keg Realty Law Limited License #471007937 Listed on: 10/18/2016

Last Buyer's Agent

Leda Quiaro

Keller Williams Infinity License #471004203

Keller Williams Infinity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,850

Year Built

  • Built in 1983

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 168x66x164x64

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Raymond Benson Primary Elementary School
  • F E Peacock Middle School
  • Lake Park High School

Utilities

  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $32,400
  • Net Operating Income $29,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,850

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1983
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • 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: None
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Lake Michigan, Public

Fee Information

  • Other Expenses $: 29640

Schools

  • Elementary School: RAYMOND BENSON PRIMARY SCHOOL
  • High School: LAKE PARK HIGH SCHOOL
  • Middle/Junior School: F E PEACOCK MIDDLE SCHOOL

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 168X66X164X64
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 29640
  • GrossIncome: 32400
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 7850.26
  • Tax Year: 2015
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2017 01/24/17 Sold $378,800 0.0% --
10/28/2016 10/28/16 Off Market $378,800 -- --
10/18/2016 10/18/16 For Sale $389,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $10,475 $177,235 $34,358 $142,877
2023 $10,050 $162,080 $31,420 $130,660
2022 $6,563 $106,420 $28,210 $78,210
2021 $6,259 $101,110 $26,800 $74,310
2020 $6,073 $98,650 $26,150 $72,500
2019 $5,936 $94,800 $25,130 $69,670
2018 $8,661 $137,140 $30,950 $106,190
2017 $8,125 $127,110 $28,690 $98,420
2016 $7,952 $117,640 $26,550 $91,090
2015 $7,850 $109,780 $24,780 $85,000
2014 $8,217 $109,780 $24,780 $85,000
2013 $8,108 $113,540 $25,630 $87,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09369729

Midwest Real Estate Data (MRED)