NOT LISTED FOR SALE
10 Beds
5 Baths
-- Sq Ft
1905 Built

Sale Details

Date Sold: June 6, 2018

Last sale price $787,500

7 Days on Market

About This Home

As of June 2018

Corner lot building with 4 units including a 2 level coach house. 4 legal Units and the building has a 5 unit zoning certificate. Newer windows, totally rehabbed coach house, refinished hardwood floors, newer kitchens, very good condition. 4 gas forced heat furnaces. Washer and dryer in 3 out of the 4 units. Great rents and great tenants. All units have move in fees. Property brings in almost $5,500 a month. This building is a cash cow

Last Agent to Sell the Property

Weston Harding

Compass License #471008542 Listed on: 03/19/2018

Compass

Last Buyer's Agent

Keumcha Yun

J Top Realty License #471017699

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,583

Year Built

  • Built in 1905 | Remodeled in 2013

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 5 Bathrooms

Lot Details

  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $51,600
  • Net Operating Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,583

Year Built

Built in 1905 | Remodeled in 2013

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2013
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 6000

Lot Info

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

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 45600
  • GrossIncome: 51600
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,Coach House

Tax Info

  • Tax Annual Amount: 5582.58
  • Tax Year: 2016
  • Tax Exemptions: None

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

Listed on
Mar 19, 2018
Closed on
May 23, 2018
Sold by
Bought by
Seller's Agent
Weston Harding
Compass
Buyer's Agent
Keumcha Yun
J Top Realty
List Price
$799,000
Sold Price
$787,500
Premium/Discount to List
-$11,500
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,539
Interest Rate
0.045%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
0.0411%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2012
Sold by
Bought by

Purchase Details

Closed on
May 21, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
0.0475%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
0.0567%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
0.075%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
0.0475%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
0.0475%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$787,500 Chicago Title
-- Attorney
-- --
-- None Available
$235,000 None Available
-- None Available
$391,000 Ticor Title
-- --
$390,000 Multiple
$280,000 Multiple
-- Multiple
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
Open $714,539
Previous Owner $965,000
Previous Owner $287,000
Previous Owner $230,743
Previous Owner $273,600
Previous Owner $331,500
Previous Owner $224,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/06/2018 06/06/18 Sold $787,500 -1.4% --
03/26/2018 03/26/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $799,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $8,997 $45,778 $14,029 $31,749
2024 $8,997 $47,448 $14,029 $33,419
2023 $8,769 $42,465 $11,291 $31,174
2022 $8,769 $42,465 $11,291 $31,174
2021 $8,572 $42,464 $11,290 $31,174
2020 $7,093 $31,708 $5,160 $26,548
2019 $7,353 $36,446 $5,160 $31,286
2018 $7,204 $36,446 $5,160 $31,286
2017 $6,000 $27,857 $4,515 $23,342
2016 $5,583 $27,857 $4,515 $23,342
2015 $5,749 $31,356 $4,515 $26,841
2014 $4,144 $22,320 $3,870 $18,450
2013 $4,062 $22,320 $3,870 $18,450
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09888475

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.