NOT LISTED FOR SALE

Estimated Value: $501,000 - $603,000

3 Beds
2 Baths
1,716 Sq Ft
$330/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $340,000 $198 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,942/month

20 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Built-In Features
  • Wayne Thomas Elementary School Rated A
  • Attached Garage
  • 5-minute walk to Old Elm Park

About This Home

As of April 2020

Charming details in this one-of-a-kind Highlands gem! Enter this beautifully maintained 3 bed/2 bath split-level home into a generously-sized living room with vaulted ceilings, large windows and wall of built-ins. The separate dining room flows into an updated, bright white kitchen with an island and breakfast area overlooking the perfectly landscaped backyard. Right off the kitchen you can hang out on the deck and BBQ on the gas grill. Upstairs, find three nice-sized bedrooms and an updated full bath. The lower level offers a lot more finished living space including a full bath and laundry. Enjoy an attached one car garage, newer windows, newer mechanicals and a generator. Located on a lower traffic area of Summit with easy access to HWY 41, schools and bustling Highwood. This home has so much to offer!

Last Agent to Sell the Property

Beth Alberts

Compass License #471021581 Listed on: 01/21/2020

Compass

Co-Listed By

Stephanie Maletsky

Compass License #475157671

Last Buyer's Agent

Robert Safranski

@properties Christie's International Real Estate License #475108615

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,729

Year Built

  • 1955

Lot Details

  • 0.3

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Tri-Level Property
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • Built-In Features
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Kitchen Island

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,729

Year Built

1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1975
  • Unfinished Lower Sq Ft: 165
  • Style Of House: Tri-Level
  • Type Detached: Split Level
  • Estimated Year Built: 1955
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2140
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Interior Property Features: Hardwood Floors, Built-in Features
  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X18, On Level: Main Level, Flooring: Hardwood
  • Equipment: CO Detectors
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 15X11, On Level: Lower
  • Dining Room: Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X15, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X9, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1716
  • Estimated Total Finished Sq Ft: 1975
  • Lower Level Sq Ft: 392
  • Main Level Sq Ft: 984
  • Upper Level Sq Ft: 599
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X15, On Level: Lower, Flooring: Carpet, Windows: Curtains/Drapes

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Deck
  • Exposure: E (East)
  • Acreage: 0.3073

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 112

Lot Info

  • Lot Dimensions: 65X202
  • Parcel Identification Number: 16103200060000

Tax Info

  • Taxes: 10133.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Apr 13, 2020
Sold by
Lowman Jonathan T
Bought by
Michalek Christopher
Seller's Agent
Beth Alberts
Compass
Buyer's Agent
Robert Safranski
@properties Christie's International Real Estate
List Price
$379,000
Sold Price
$340,000
Premium/Discount to List
-$39,000
-10.29%
Current Estimated Value
$566,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,475
Avg. Annual Appreciation
9.58%
Original Mortgage
$328,652
Outstanding Balance
$290,980
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$275,495

Purchase Details

Closed on
Apr 6, 2015
Sold by
Lowman Jonathan T and Lowman Anja B
Bought by
Jonathan T Lowman and Lowman 2015 T Anja B

Purchase Details

Closed on
Mar 2, 2000
Sold by
Israel Alan and Israel Mary
Bought by
Lowman Jonathan T and Lowman Anja B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.27%

Purchase Details

Closed on
Aug 23, 1999
Sold by
Kellough Linda S
Bought by
Israel Alan and Israel Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
6.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Michalek Christopher $340,000 None Available
Jonathan T Lowman -- None Available
Lowman Jonathan T $319,000 --
Israel Alan $283,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michalek Christopher $328,652
Previous Owner Lowman Jonathan T $250,000
Previous Owner Israel Alan $226,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2020 04/01/20 Sold $340,000 -10.3% $198 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $379,000 -- $221 / 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 $11,729 $157,027 $55,182 $101,845
2023 $12,301 $141,542 $49,740 $91,802
2022 $12,301 $142,447 $54,642 $87,805
2021 $11,339 $137,697 $52,820 $84,877
2020 $10,967 $137,697 $52,820 $84,877
2019 $10,451 $137,053 $52,573 $84,480
2018 $9,977 $136,776 $73,530 $63,246
2017 $9,821 $135,987 $73,106 $62,881
2016 $9,458 $129,462 $69,598 $59,864
2015 $9,137 $120,284 $64,664 $55,620
2014 $8,383 $108,353 $52,961 $55,392
2012 $8,163 $108,985 $53,270 $55,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10615257

Midwest Real Estate Data (MRED)

APN: 16-10-320-006