NOT LISTED FOR SALE

Estimated Value: $213,000

6 Beds
2 Baths
-- Sq Ft
0.96 Acres

Last Sold May 08, 2014

Last sale price $14,000

Est. 1,421% increase in value since last sale

Current estimated payment $1,180/month

223 Days on Market

About This Home

As of May 2014

2 flat with 3 bedrooms in each unit. Not an REO or short sale. Seller is motivated and will listen to all offers. Seller provides no termite report or survey.

Last Agent to Sell the Property

James Morris

JMRI Corp License #471010383 Listed on: 09/17/2013

Last Buyer's Agent

Chucky Thomas

Real People Realty License #475155380

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1893

Lot Details

  • 0.96

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 35x125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1893

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 35X125
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2689.22
  • Tax Year: 2012
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2013
Closed on
May 8, 2014
Sold by
Ds Properties Of Illinois Ii Llc
Bought by
Thomas Chucky
Seller's Agent
James Morris
JMRI Corp
Buyer's Agent
Chucky Thomas
Real People Realty
List Price
$18,000
Sold Price
$14,000
Premium/Discount to List
-$4,000
-22.22%
Current Estimated Value
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,000
Avg. Annual Appreciation
26.30%

Purchase Details

Closed on
Sep 16, 2013
Sold by
Mo Seven Llc
Bought by
Ds Properties Of Illinois Ii Llc

Purchase Details

Closed on
Apr 24, 2012
Sold by
Malone Fredrick
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 24, 2011
Sold by
Federal National Mortgage Association
Bought by
Mo Seven Llc

Purchase Details

Closed on
Apr 10, 2006
Sold by
Malone Frederick L
Bought by
Chicago Title Land Trust Co and Trust #8002346288

Purchase Details

Closed on
Sep 29, 2005
Sold by
Sutton Realty Llc
Bought by
Malone Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
9.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2005
Sold by
Sutton Darrin
Bought by
Sutton Realty Llc

Purchase Details

Closed on
Aug 27, 1993
Sold by
Beverly Trust Company
Bought by
Winfield Laurine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
7.28%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Thomas Chucky $14,000 None Available
Ds Properties Of Illinois Ii Llc $3,100 None Available
Federal National Mortgage Association -- None Available
Mo Seven Llc $3,000 None Available
Chicago Title Land Trust Co -- None Available
Malone Frederick $190,000 Stewart Title Of Illinois
Sutton Realty Llc -- Chicago Title Insurance Comp
Winfield Laurine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malone Frederick $142,500
Previous Owner Winfield Laurine $53,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2014 05/08/14 Sold $14,000 -12.5% --
04/28/2014 04/28/14 Pending -- -- --
04/21/2014 04/21/14 Price Changed $16,000 -1.2% --
02/05/2014 02/05/14 Price Changed $16,200 -1.8% --
01/24/2014 01/24/14 Price Changed $16,500 -2.9% --
12/19/2013 12/19/13 Price Changed $17,000 -2.9% --
10/23/2013 10/23/13 Price Changed $17,500 -2.8% --
09/17/2013 09/17/13 For Sale $18,000 -- --
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
2025 $800 $3,150 $3,150 --
2024 $800 $3,150 $3,150 --
2023 $778 $3,780 $3,780 --
2022 $778 $3,780 $3,780 $0
2021 $760 $3,780 $3,780 $0
2020 $842 $3,780 $3,780 $0
2019 $759 $3,780 $3,780 $0
2018 $846 $3,780 $3,780 $0
2017 $814 $3,360 $3,360 $0
2016 $3,445 $15,207 $3,360 $11,847
2015 $3,182 $15,207 $3,360 $11,847
2014 $2,776 $13,100 $2,940 $10,160
2013 $2,723 $13,100 $2,940 $10,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08448551

Midwest Real Estate Data (MRED)

APN: 21-30-403-001-0000