$425,000
SOLD APR 1, 2019
8 Beds
4 Baths
-- Sq Ft
0.3 Acres

Recently Sold

1% Below List Price

4 Days on Market

About This Home

As of March 2022

Fully rented 4 flat, very well kept by owner who has relocated. rents are low for the area. Tenant pays heat and electric. All units above grade and 2 bedrooms. Nice building. Coin Laundry in basement. See additional information attachment.

Last Agent to Sell the Property

Steve Merritt

eXp Realty License #475148272 Listed on: 01/18/2019

eXp Realty

Last Buyer's Agent

Summer Keviciute

Worth Clark Realty License #475167676

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,371

Year Built

  • Built in 1975

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 91x170

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned
  • Unassigned Parking

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,371

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • List Price: 429900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 202

Lot Info

  • Lot Size Acres: 0.3
  • Lot Dimensions: 91X170
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Heat

Tax Info

  • Tax Annual Amount: 7370.68
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 9, 2022
Sold by
Valdas Jurgaitis
Bought by
Centeno Rafael and Centeno Amy
Seller's Agent
Summer Keviciute
Worth Clark Realty
Buyer's Agent
Lucas Augustyn
Pearson Realty Group
Sold Price
$710,000
Total Days on Market
4
Current Estimated Value
$807,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,024
Avg. Annual Appreciation
4.02%
Original Mortgage
$532,500
Outstanding Balance
$505,861
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$301,163

Purchase Details

Listed on
Jan 18, 2019
Closed on
Feb 15, 2019
Sold by
Antonopoulos Jiannis H and Antonopoulos Joann A
Bought by
Jurgaitis Valdas
Seller's Agent
Steve Merritt
eXp Realty
Buyer's Agent
Summer Keviciute
Worth Clark Realty
List Price
$429,900
Sold Price
$425,000
Premium/Discount to List
-$4,900
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.93%
Original Mortgage
$318,750
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Sold by
Douglass Marshall J
Bought by
Antonopoulos Jiannis H and Antonopoulos Joann A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
5.75%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $710,000 Bravo Goda
Warranty Deed $425,000 Attorney
Warranty Deed $325,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,500 New Conventional
Previous Owner $322,500 New Conventional
Previous Owner $318,750 New Conventional
Previous Owner $195,000 Commercial
Previous Owner $227,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $710,000 +9.4% --
02/18/2022 02/18/22 For Sale -- -- --
02/07/2022 02/07/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $649,000 +52.7% --
04/01/2019 04/01/19 Sold $425,000 -1.1% --
01/22/2019 01/22/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $429,900 -- --
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
2023 $12,456 $168,950 $14,000 $154,950
2022 $8,848 $109,000 $14,000 $95,000
2021 $8,974 $109,000 $14,000 $95,000
2020 $9,119 $109,000 $14,000 $95,000
2019 $9,258 $109,000 $14,000 $95,000
2018 $7,638 $88,107 $14,000 $74,107
2017 $7,371 $83,120 $14,000 $69,120
2016 $7,561 $83,120 $14,000 $69,120
2015 $7,966 $83,120 $14,000 $69,120
2014 $7,966 $83,120 $14,000 $69,120
2013 $7,966 $83,120 $14,000 $69,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10252162

Midwest Real Estate Data (MRED)

APN: 03-04-407-009