NOT LISTED FOR SALE

Estimated Value: $163,000

4 Beds
2 Baths
-- Sq Ft
19,602 Sq Ft

Last Sold May 17, 2022

Last sale price $110,000

Est. 48% increase in value since last sale

Current estimated payment $863/month

11 Days on Market

About This Home

As of May 2022

Inflation deflator! Sink your teeth into this equity building 2 unit building. Live in one unit while the the other unit's tenant pays your mortgage or simply invest & watch your money grow. Inside find recently refreshed units with living room, formal dining area and bright kitchen. Separate forced air gas heating systems in both units. The building comes with side lot on the West side (with its own 2nd PIN number) that could serve as side yard, extra parking etc. Easy to show (2nd floor is currently vacant) so schedule your viewing while this opportunity lasts!

Last Agent to Sell the Property

Thomas Domasik

RE/MAX 10 in the Park License #475129362 Listed on: 03/17/2022

RE/MAX 10 in the Park

Last Buyer's Agent

Maria Zambrano

Keller Williams Preferred Rlty License #475123082

Keller Williams Preferred Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,746

Lot Details

  • Lot Dimensions are 50x79
  • Paved or Partially Paved Lot
  • Additional Parcels

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Schools

  • Bloom High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 2 Units
  • 2 Flat

Building Details

  • Electric Expense $600
  • Insurance Expense $1,173
  • Water Sewer Expense $1,800
  • Gross Income $18,600
  • Net Operating Income $15,027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,746

Lot Details

0.45 Acres

Listing Details

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

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished,Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • OtherStructures: None
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street, Side Apron
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1800

Schools

  • High School: Bloom High School

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50X79
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 15027
  • Insurance Expense: 1173
  • ElectricExpense: 600
  • GrossIncome: 18600
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3745.9
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 17, 2022
Sold by
Threatt-Martin Lakesha D
Bought by
Lara Katherine E
Seller's Agent
Thomas Domasik
RE/MAX 10 in the Park
Buyer's Agent
Maria Zambrano
Keller Williams Preferred Rlty
List Price
$99,873
Sold Price
$110,000
Premium/Discount to List
$10,127
10.14%
Current Estimated Value
$163,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,000
Avg. Annual Appreciation
11.06%
Original Mortgage
$108,007
Outstanding Balance
$101,888
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$61,112

Purchase Details

Closed on
Dec 26, 2013
Sold by
Lash Anthony
Bought by
Threatt Martin Lakesha D

Purchase Details

Closed on
May 14, 2010
Sold by
First Community Bank & Trust
Bought by
Lash Anthony and Threatt Martin Lakesha D

Purchase Details

Closed on
Oct 9, 2007
Sold by
Torres Ismael
Bought by
First Community Bank and Trust #2000-0079

Purchase Details

Closed on
Jul 11, 2007
Sold by
First Community Bank & Trust
Bought by
Torres Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2007
Sold by
Garcia Maria Connie
Bought by
First Community Bank & Trust and Trust #2000-0079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lara Katherine E $110,000 Fidelity National Title
Threatt Martin Lakesha D -- Chicago Title Insurance Co
Lash Anthony -- Ticor Title Insurance Co
First Community Bank -- None Available
Torres Ismael $115,000 Attorneys Title Guaranty Fun
First Community Bank & Trust $46,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Katherine E $108,007
Previous Owner Torres Ismael $92,000
Previous Owner First Community Bank & Trust $56,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $110,000 +10.1% --
03/29/2022 03/29/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $99,873 -- --
Source: Midwest Real Estate Data (MRED)

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 $315 $593 $593 --
2024 $315 $593 $593 --
2023 $749 $593 $593 --
2022 $749 $1,185 $1,185 $0
2021 $719 $1,185 $1,185 $0
2020 $696 $1,185 $1,185 $0
2019 $455 $790 $790 $0
2018 $433 $790 $790 $0
2017 $414 $790 $790 $0
2016 $371 $691 $691 $0
2015 $366 $691 $691 $0
2014 $363 $691 $691 $0
2013 $350 $691 $691 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11350192

Midwest Real Estate Data (MRED)

APN: 32-29-206-064-0000

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