NOT LISTED FOR SALE
6 Beds
3 Baths
-- Sq Ft
1925 Built

Sale Details

Date Sold: September 26, 2014

Last sale price $361,000

1 Day on Market

About This Home

As of September 2014

Turnkey 3 Flat in hot Humboldt Park. 3 legal 2BR/1BA units & basement 1BR unit. Three car garage. Laundry & three storage spaces in basement. Close to the Park & public transportation. Very well maintained and cared for owner occupied building. Great opportunity to owner occupy & live for free or a turnkey money making investment property.

Last Agent to Sell the Property

Frank Vihtelic

Coldwell Banker Real Estate Group License #475156861 Listed on: 08/18/2014

Coldwell Banker Real Estate Group

Co-Listed By

Colleen Vihtelic

Coldwell Banker Real Estate Group License #471020730

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,113

Year Built

  • Built in 1925

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Lot Details

  • Lot Dimensions are 35x125
  • Fenced Yard

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Mechanical Septic System

Community Details

Overview

  • 3 Units
  • Three Flat

Building Details

  • Gross Income $39,900
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,113

Year Built

Built in 1925

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Mechanical
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 6300

Lot Info

  • Lot Dimensions: 35X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 33600
  • GrossIncome: 39900
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4113
  • Tax Year: 2012
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $361,000 +0.3% --
08/19/2014 08/19/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $359,900 -- --
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 $8,600 $44,773 $5,600 $39,173
2024 $8,600 $44,773 $5,600 $39,173
2023 $10,078 $40,641 $4,480 $36,161
2022 $10,078 $49,000 $4,480 $44,520
2021 $9,853 $48,999 $4,479 $44,520
2020 $6,047 $27,145 $5,226 $21,919
2019 $6,342 $31,565 $5,226 $26,339
2018 $7,911 $40,051 $5,226 $34,825
2017 $7,775 $36,119 $4,666 $31,453
2016 $7,234 $36,119 $4,666 $31,453
2015 $6,619 $36,119 $4,666 $31,453
2014 $3,994 $21,529 $4,479 $17,050
2013 $3,916 $21,529 $4,479 $17,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08704286

Midwest Real Estate Data (MRED)
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