NOT LISTED FOR SALE

Estimated Value: $532,198 - $616,000

2 Beds
2 Baths
2,046 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $475,000 $232 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,828/month

33 Days on Market

About This Home

As of July 2023

2 story Brick building . 2 units and in-law arrangement . 2 bedrooms each unit . Separate gas and electric meters . small yard and 2 car garage . Wood floors in each unit . Two units are occupied Tenants can stay if new owners wants to keep them as tenants. Bring you buyers lots of potential here. Property is being sold as is.

Last Agent to Sell the Property

Luis Fuentes

RE/MAX Plaza License #475112552 Listed on: 04/19/2023

RE/MAX Plaza

Last Buyer's Agent

Chase McDaniel

Redden+McDaniel License #475182464

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,474

Year Built

  • Built in 1918

Lot Details

  • 3,093

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Patrick Henry Elementary Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,474

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Block
  • List Price: 515000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School: Patrick Henry Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8473.53
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jun 24, 2023
Sold by
Rodriguez Juan and Rodriguez Anabela
Bought by
Santamarli Andre and Chiarelli Meredith
Seller's Agent
Luis Fuentes
RE/MAX Plaza
Buyer's Agent
Chase McDaniel
Redden+McDaniel
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Views
37
Current Estimated Value
$582,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,300
Avg. Annual Appreciation
9.47%
Original Mortgage
$403,750
Outstanding Balance
$393,885
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$188,415

Purchase Details

Closed on
Apr 18, 2016
Sold by
Nevarez Brigida
Bought by
Rodriguez Juan and Rodriguez Anabela

Purchase Details

Closed on
Mar 15, 1999
Sold by
Rivera Luis E and Rivera Diana
Bought by
Rodriguez Juan and Rodriguez Anabela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,630
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 1996
Sold by
Rivera Luis E and Rivera Diana
Bought by
Rivera Luis E and Rivera Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 1994
Sold by
Rivera Luis E and Rivera Diana
Bought by
Rivera Luis E and Rivera Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,651
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 1994
Sold by
Kamine Sandra
Bought by
Rivera Luis E and Rivera Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,651
Interest Rate
7.84%
Mortgage Type
FHA
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
Santamarli Andre $475,000 None Listed On Document
Rodriguez Juan -- None Available
Rodriguez Juan $205,000 --
Rivera Luis E -- --
Rivera Luis E -- --
Rivera Luis E $93,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santamarli Andre $403,750
Previous Owner Rodriguez Juan $203,630
Previous Owner Rivera Luis E $155,000
Previous Owner Rivera Luis E $138,651
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $475,000 -7.8% $232 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/16/2023 05/16/23 Price Changed $515,000 -1.9% $252 / Sq Ft
04/19/2023 04/19/23 For Sale $525,000 -- $257 / 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 $8,893 $47,000 $19,220 $27,780
2023 $8,669 $42,000 $15,500 $26,500
2022 $8,669 $42,000 $15,500 $26,500
2021 $8,474 $42,000 $15,500 $26,500
2020 $6,308 $28,218 $6,820 $21,398
2019 $6,464 $32,066 $6,820 $25,246
2018 $6,355 $32,066 $6,820 $25,246
2017 $6,630 $30,698 $6,200 $24,498
2016 $6,169 $30,698 $6,200 $24,498
2015 $5,645 $30,698 $6,200 $24,498
2014 $4,936 $26,507 $5,580 $20,927
2013 $4,839 $26,507 $5,580 $20,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11763103

Midwest Real Estate Data (MRED)

APN: 13-14-412-014-0000