NOT LISTED FOR SALE

Estimated Value: $735,887

7 Beds
4 Baths
-- Sq Ft
0.31 Acres

Last Sold July 01, 2022

Last sale price $670,000

Est. 10% increase in value since last sale

Current estimated payment $5,150/month

4 Days on Market

Highlights

  • 8 Car Garage
  • Eagle Pointe Elementary School Rated A-
  • Heating Available

About This Home

As of July 2022

Impeccably maintained 4 unit apartment building with 4 car garage in north Plainfield. Three 2 bedroom units and one 1 bedroom unit, tenants pay their own heat (electric) Building has central air, coin operated laundry in building, newer washer/dryer (2020)newer water heater (2020), newer windows and smart siding on garage (2014) Driveway redone in 2020 and oil sealed in 2021, 4 unit windows (2009) Must see this great opportunity!

Last Agent to Sell the Property

Michele Morris

Michele Morris Realty License #471002173 Listed on: 04/22/2022

Co-Listed By

Amanda Albrecht

Michele Morris Realty License #475127238

Last Buyer's Agent

Raquel Goggin

Goggin Real Estate LLC License #471020977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,221

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 91x141

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Basement

  • Sump Pump
  • Crawl Space

Parking

  • 8 Car Garage
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,250
  • Insurance Expense $3,651
  • Trash Expense $1,520
  • Water Sewer Expense $2,170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,221

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1971
  • Age: 51-60 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: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: Sump Pump
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • Room: 4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 649900
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 8
  • Number of Cars: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Trash Expense: 1520
  • Water Sewer Expenses: 2170
  • Trash Expense Year: 2021

Schools

  • Middle/Junior School District: 202

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 91X141
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Heat

Multi Family

  • Insurance Expense: 3651
  • ElectricExpense: 1250
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9221
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jul 22, 2022
Sold by
Zarvan Karanjia
Bought by
24213 Hazelcrest Llc
Seller's Agent
Michele Morris
Michele Morris Realty
Buyer's Agent
Raquel Goggin
Goggin Real Estate LLC
List Price
$649,900
Sold Price
$670,000
Premium/Discount to List
$20,100
3.09%
Current Estimated Value
$735,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,887
Avg. Annual Appreciation
3.08%
Original Mortgage
$502,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 26, 2022
Sold by
Brown Lawrence E and Brown Carol L
Bought by
Karanjia Zarvan and Karanjia Melissa
Seller's Agent
Michele Morris
Michele Morris Realty
Buyer's Agent
Raquel Goggin
Goggin Real Estate LLC
List Price
$649,900
Sold Price
$670,000
Premium/Discount to List
$20,100
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1999
Sold by
Brown Lawrence E and Brown Carol L
Bought by
Brown Lawrence E and Brown Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.06%
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 Buyer Sale Price Title Company
24213 Hazelcrest Llc -- Kgg Llc
Karanjia Zarvan $670,000 First American Title
Brown Lawrence E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karanjia Zarvan $502,500
Previous Owner Brown Lawrence E $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $670,000 +3.1% --
04/27/2022 04/27/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $649,900 -- --
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 $12,595 $170,836 $8,550 $162,286
2022 $8,947 $110,217 $8,550 $101,667
2021 $9,074 $110,217 $8,550 $101,667
2020 $9,221 $110,217 $8,550 $101,667
2019 $9,361 $110,217 $8,550 $101,667
2018 $7,534 $86,909 $8,550 $78,359
2017 $7,270 $81,990 $8,550 $73,440
2016 $7,458 $81,990 $8,550 $73,440
2015 $7,857 $81,990 $8,550 $73,440
2014 $7,857 $81,990 $8,550 $73,440
2013 $7,857 $89,501 $13,181 $76,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11383161

Midwest Real Estate Data (MRED)

APN: 03-04-407-005