$50,200
SOLD MAR 28, 2014
3 Beds
2 Baths
1,495 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

32% Below List Price

91 Days on Market

About This Home

As of July 2014

THIS IS A MUST SEE SPACIOUS 3 BEDROOM SPLIT LEVEL WAITING FOR YOUR IDEAS, THE HOME HAS A GREAT FLOOR PLAN, FINISHED LOWER LEVEL, SPACIOUS KITCHEN, ATTACHED GARAGE AND UNLIMITED AMT OF POTENTIAL. INTERIOR OF HOME NEEDS SOME COSMETIC UPDATES BUT CAN BE A GREAT HOME, PROPERTY IS BEING SOLD AS-IS, ALL INFORMATION IS ESTIMATED. BUYER RESPONSIBLE FOR SURVEY, TAXES PRO RATED AT 100%. ALL INFORMATION IS ESTIMATED. MUST SEE!!

Last Agent to Sell the Property

Ryan Smith

Re/Max Premier License #475150650 Listed on: 11/25/2013

Re/Max Premier

Co-Listed By

Robert Findlay

Findlay Real Estate Group Inc License #471019089

Last Buyer's Agent

John Gutman

Gutman Real Estate License #471018492

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,634

Year Built

  • 1961

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Partially Finished Basement

  • Partial Basement

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,634

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: Split Level
  • Estimated Year Built: 1961
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X14, On Level: Main Level
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X16, On Level: Main Level
  • Kitchen Type: Dimensions: 10X14, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X14, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level
  • Estimated Sq Ft: 1495

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Acreage: 0.1612

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 233
  • Junior High Dist: 153

Lot Info

  • Lot Dimensions: 65 X 107
  • Parcel Identification Number: 28362220030000

Tax Info

  • Taxes: 4414.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2018
Sold by
Sfr Chi I Llc
Bought by
Cerberus Sfr Holdings L P
Current Estimated Value
$236,716

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jul 18, 2014
Sold by
Mack Industries Ii Llc
Bought by
Sfr Chi I Llc
Seller's Agent
John Gutman
Gutman Real Estate
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$149,500
Sold Price
$135,000
Premium/Discount to List
-$14,500
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$4,000,000
Interest Rate
4.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jun 23, 2014
Sold by
Mack Industries Ii Llc
Bought by
Mack Investments I Llc
Seller's Agent
John Gutman
Gutman Real Estate
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$149,500
Sold Price
$135,000
Premium/Discount to List
-$14,500
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
4.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 25, 2013
Closed on
Feb 20, 2014
Sold by
Citifinancial Services Inc
Bought by
Mack Industries Ii Llc
Seller's Agent
Ryan Smith
Re/Max Premier
Buyer's Agent
John Gutman
Gutman Real Estate
List Price
$73,900
Sold Price
$50,200
Premium/Discount to List
-$23,700
-32.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2331.66%
Original Mortgage
$6,000,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 26, 2013
Sold by
Shafer Mary Lynn and Shafer Mary L
Bought by
Citifinancial Services Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Special Warranty Deed $983,500 Attorney
Warranty Deed $135,000 Fidelity National Title
Quit Claim Deed -- Git
Special Warranty Deed $50,200 None Available
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,499,307 Commercial
Previous Owner $175,524,452 Unknown
Previous Owner $4,000,000 Credit Line Revolving
Previous Owner $6,000,000 Credit Line Revolving
Previous Owner $92,978 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2014 07/18/14 Sold $135,000 -9.7% $90 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $149,500 +197.8% $100 / Sq Ft
03/28/2014 03/28/14 Sold $50,200 -22.7% $34 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
01/27/2014 01/27/14 Price Changed $64,900 -12.2% $43 / Sq Ft
11/25/2013 11/25/13 For Sale $73,900 -- $49 / 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 $10,634 $19,251 $2,984 $16,267
2023 $7,484 $19,251 $2,984 $16,267
2022 $7,484 $10,048 $2,633 $7,415
2021 $7,049 $10,047 $2,632 $7,415
2020 $6,650 $10,047 $2,632 $7,415
2019 $6,242 $9,170 $2,457 $6,713
2018 $5,972 $9,170 $2,457 $6,713
2017 $6,240 $9,932 $2,457 $7,475
2016 $5,505 $9,122 $2,106 $7,016
2015 $5,380 $9,122 $2,106 $7,016
2014 $3,742 $9,122 $2,106 $7,016
2013 $4,483 $11,355 $2,106 $9,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08494509

Midwest Real Estate Data (MRED)

APN: 28-36-222-003-0000