NOT LISTED FOR SALE

Estimated Value: $94,000 - $233,000

5 Beds
3 Baths
1,197 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $230,000 $192 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $1,042/month

4 Days on Market

Highlights

  • Fenced Yard
  • 1-minute walk to Cheltenham Station
  • Forced Air Heating System
  • 2.5 Car Detached Garage

About This Home

As of July 2020

Recently updated 2 flat near the lake. Upper level has new hardwood flooring, new carpet throughout, ceiling fans, newly painted and updated kitchen with granite countertops and new stainless steel appliances. There are 3 bedrooms and 2 updated baths with 2 additional rooms in attic and much more. Lower level has hardwood floors resurfaced throughout and beautiful exposed brick. Recessed lighting And new ceiling fans, light fixtures and updated kitchen with island, granite countertops and new stainless steel appliances. Both have new interior doors, new trim and window treatments. One newer heating system with 2 new hot water tanks. Outside there is new lighting throughout and newer built garage and outdoor electric service. Newer entrance doors and new outdoor security doors. Ready Laundry service lines and updated porch flooring. New chimney. Wrought iron fence in front.

Last Agent to Sell the Property

LaTanya Wetzel

RE/MAX Premier License #475179120 Listed on: 05/23/2020

RE/MAX Premier

Last Buyer's Agent

Jessica Roberson

Keller Williams Preferred Rlty License #475182084

Keller Williams Preferred Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,662

Year Built

  • Built in 1890

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced Yard

Parking

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

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,662

Year Built

Built in 1890

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: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 4687
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2661.54
  • Tax Year: 2018
  • 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
May 23, 2020
Closed on
Jul 6, 2020
Sold by
Torres Eduardo and Torres Sofia
Bought by
Sheppard Rosetta
Seller's Agent
LaTanya Wetzel
RE/MAX Premier
Buyer's Agent
Jessica Roberson
Keller Williams Preferred Rlty
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$170,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,929
Avg. Annual Appreciation
-5.35%
Original Mortgage
$218,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2018
Closed on
Oct 12, 2018
Sold by
Faulks Kenneth and Faulks Muriel
Bought by
Torres Eduardo and Torres Sofia
Seller's Agent
Stanley McAlpin
R G Ramsey & Associates
Buyer's Agent
LaTanya Wetzel
RE/MAX Premier
List Price
$61,000
Sold Price
$57,500
Premium/Discount to List
-$3,500
-5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.83%

Purchase Details

Closed on
Oct 1, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Faulks Kenneth and Faulks Muriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2002
Sold by
Hill Patricia A
Bought by
Chicago Title Land Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,400
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1995
Sold by
Strong Maggie
Bought by
Hill Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Interest Rate
9.23%
Mortgage Type
FHA
Source: Public Records
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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
Sheppard Rosetta $230,000 First American Title
Torres Eduardo $57,500 Attorney
Faulks Kenneth $170,000 Cti
Chicago Title Land Trust Company $96,000 --
Hill Patricia A $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheppard Rosetta $218,500
Previous Owner Faulks Kenneth $136,000
Previous Owner Chicago Title Land Trust Company $111,400
Previous Owner Hill Patricia A $64,900
Closed Faulks Kenneth $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2020 07/10/20 Sold $230,000 -8.0% $192 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $249,900 +334.6% $209 / Sq Ft
10/13/2018 10/13/18 Sold $57,500 -5.7% $48 / Sq Ft View Prior Sale
09/03/2018 09/03/18 Pending -- -- --
07/21/2018 07/21/18 For Sale $61,000 -- $51 / 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
2025 $1,839 $9,200 $3,515 $5,685
2024 $1,839 $9,200 $3,515 $5,685
2023 $1,764 $12,000 $5,859 $6,141
2022 $1,764 $12,000 $5,859 $6,141
2021 $1,743 $11,999 $5,858 $6,141
2020 $2,701 $12,126 $4,218 $7,908
2019 $2,707 $13,474 $4,218 $9,256
2018 $2,662 $13,474 $4,218 $9,256
2017 $2,649 $12,304 $3,749 $8,555
2016 $2,464 $12,304 $3,749 $8,555
2015 $2,255 $12,304 $3,749 $8,555
2014 $2,220 $11,963 $3,280 $8,683
2013 $2,176 $11,963 $3,280 $8,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10723500

Midwest Real Estate Data (MRED)

APN: 21-30-403-023-0000