NOT LISTED FOR SALE
6 Beds
5 Baths
-- Sq Ft
1952 Built

Highlights

  • Landscaped Professionally
  • Fenced Yard
  • Intercom
  • Recreation Room
  • 4 Car Detached Garage
  • Patio

About This Home

STUNNING 4 FLAT BUILDING ON A DOUBL LOT (7500 SQ FT). BRIGHT & SUNNY UNITS. 1ST FLOOR UNIT WITH 3 BEDROOMS, 1.5 BATHS, W/B FIREPLACE & EAT IN KITCHEN. THREE 1 BEDRM UNITS PLUS FINISHED BSMT ROOM WITH W/B FIREPLACE. TWO SEP 2 CAR GARAGES & LARGE BACK YARD & PATIO AREA. PERFECTLY LANDSCAPED & METICULOUSLY MAINTAINED. NEAR SCHOOLS, SHOPS, PUBLIC TRANS, LIBRARY, LEGION PARK, RESTARURANTS & MORE. SAME OWNER 20+ YEARS!

Last Agent to Sell the Property

Mera Kordic

RE/MAX Premier License #475135420 Listed on: 09/13/2013

Last Buyer's Agent

Juri Sikkut

Coldwell Banker Realty License #475106456

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,399

Year Built

  • Built in 1952

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Recreation Room
  • Intercom

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Patio

Lot Details

  • Lot Dimensions are 60x125
  • Fenced Yard
  • Landscaped Professionally
  • Additional Parcels

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • Budlong Woods Subdivision, 4 Unit Floorplan

Building Details

  • Gross Income $46,800
  • Net Operating Income $30,401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,399

Year Built

Built in 1952

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Subdivision Name: BUDLONG WOODS
  • Year Built: 1952
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Other Equipment: Intercom
  • Room Type: Recreation Room
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Fireplace-Wood,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • AppliancesAndFeatures: Stove,Refrigerator,Garage/Space

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks

Fee Information

  • Other Expenses $: 7000

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 60X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Parking

Multi Family

  • Net Operating Income: 30401
  • GrossIncome: 46800
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9399
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2015
Sold by
Dana 5 Llc
Bought by

Purchase Details

Listed on
Sep 13, 2013
Closed on
Dec 17, 2013
Sold by
Koutavas Angelo and Koutavas Anna
Bought by
Dana 5 Llc
Seller's Agent
Mera Kordic
RE/MAX Premier
Buyer's Agent
Juri Sikkut
Coldwell Banker Realty
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
4.25%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
Dana 5 Llc $510,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $357,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,442 $37,501 $14,813 $22,688
2024 $5,442 $37,501 $14,813 $22,688
2023 $5,294 $27,449 $12,000 $15,449
2022 $5,294 $27,449 $12,000 $15,449
2021 $5,185 $27,449 $12,000 $15,449
2020 $5,998 $28,478 $7,125 $21,353
2019 $6,157 $32,362 $7,125 $25,237
2018 $6,053 $32,362 $7,125 $25,237
2017 $5,723 $28,272 $6,375 $21,897
2016 $5,412 $28,272 $6,375 $21,897
2015 $4,940 $28,272 $6,375 $21,897
2014 $4,853 $27,438 $5,625 $21,813
2013 $4,751 $27,438 $5,625 $21,813
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08444626

Midwest Real Estate Data (MRED)
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