NOT LISTED FOR SALE

Estimated Value: $532,000 - $578,000

6 Beds
2 Baths
2,938 Sq Ft
$189/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $485,000 $165 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,967/month

47 Days on Market

About This Home

As of December 2023

First time on market since being built!! Family owned duplex in Highwood in a fabulous area! 1st floor and 2nd floor units boast 3 bedrooms, bath, eat in Kitchen, sunlit living rooms and enclosed porch. The basement houses a laundry room and tons of storage. There is a two car garage with a 1 bedroom apartment above. The first floor is currently rented, but the 2nd floor and garage apt are vacant and available!! Close to town. train, schools, and all the amazing restaurants and festivals!!

Last Agent to Sell the Property

Beth Alberts

Compass License #471021581 Listed on: 08/24/2023

Compass

Last Buyer's Agent

Jeremy Schwab

HomeSmart Connect LLC License #475188703

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,544

Year Built

  • Built in 1930

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 39x149x40x149

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Wayne Thomas Elementary School
  • Northwood Junior High School
  • Highland Park High School

Utilities

  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,544

Year Built

Built in 1930

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: 1930
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 499000
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant
  • Water Source: Lake Michigan, Public

Schools

  • Elementary School: Wayne Thomas Elementary School
  • High School: Highland Park High School
  • Middle/Junior School: Northwood Junior High School
  • Middle/Junior School District: 112

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 39X149X40X149
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 8544.38
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Dec 22, 2023
Sold by
Obrien Amber and Obrien Michael
Bought by
Schwab Jeremy and Schwab Beth A
Seller's Agent
Beth Alberts
Compass
Buyer's Agent
Jeremy Schwab
HomeSmart Connect LLC
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Views
5
Current Estimated Value
$555,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,864
Avg. Annual Appreciation
7.84%
Original Mortgage
$460,750
Outstanding Balance
$454,423
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$95,712

Purchase Details

Closed on
Apr 6, 2020
Sold by
Hamburg Kathleen M
Bought by
Obrien Michael S

Purchase Details

Closed on
Oct 15, 1993
Sold by
Obrien Edith
Bought by
Edith Obrien Revocable Trust

Purchase Details

Closed on
Oct 14, 1993
Sold by
Depalma Joseph and Quarta Josephine
Bought by
Obrien Edith
Source: Public Records

Range of Values:

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Average Value
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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
Schwab Jeremy $485,000 Stewart Title
Obrien Michael S -- Attorney
Edith Obrien Revocable Trust -- --
Obrien Edith -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwab Jeremy $460,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $485,000 -2.8% $165 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $499,000 -- $170 / 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
2024 $11,256 $156,322 $28,005 $128,317
2023 $8,544 $140,906 $25,243 $115,663
2022 $8,544 $104,129 $27,731 $76,398
2021 $7,898 $100,656 $26,806 $73,850
2020 $7,309 $100,656 $26,806 $73,850
2019 $7,098 $100,186 $26,681 $73,505
2018 $4,021 $99,888 $29,212 $70,676
2017 $3,986 $113,081 $29,044 $84,037
2016 $4,027 $107,655 $27,650 $80,005
2015 $4,233 $100,023 $25,690 $74,333
2014 $4,190 $89,958 $21,116 $68,842
2012 $4,008 $90,483 $21,239 $69,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11846738

Midwest Real Estate Data (MRED)

APN: 16-15-402-028