NOT LISTED FOR SALE

Estimated Value: $587,457 - $799,000

6 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold September 09, 2016

Last sale price $120,000

Est. 467% increase in value since last sale

Current estimated payment $4,241/month

4 Days on Market

About This Home

As of September 2016

2 Flat on Double lot in Mckinley Park area just west of Western Avenue. Only 2nd floor is available for showings. Cash offers only! Purchase property with tenant rights. Owner will not evict tenants. Interior was rehabbed approximately 3 years ago.

Last Agent to Sell the Property

Hill Torres

Urbanitas Inc. License #471004509 Listed on: 07/21/2016

Last Buyer's Agent

Carmen Zhen

Coldwell Banker Realty License #475118274

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 1885

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 4 Car Detached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,765

Year Built

Built in 1885

Lot Details

3,049 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • 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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 3125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1764.92
  • Tax Year: 2014

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

Closed on
Aug 25, 2017
Sold by
A & Sl Construction Inc
Bought by
Liang Zhi Jian and Li Lixia
Current Estimated Value
$680,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$249,007
Interest Rate
4.03%
Mortgage Type
Commercial
Estimated Equity
$431,107

Purchase Details

Listed on
Jul 21, 2016
Closed on
Sep 7, 2016
Sold by
Geisler Sharon R
Bought by
A & Sl Construction Inc
Seller's Agent
Hill Torres
Urbanitas Inc.
Buyer's Agent
Carmen Zhen
Coldwell Banker Realty
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.97%

Purchase Details

Closed on
Nov 19, 2011
Sold by
Mccauley Dolores
Bought by
Geisler Sharon R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liang Zhi Jian $417,500 Chicago Title
A & Sl Construction Inc $120,000 None Available
Geisler Sharon R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Zhi Jian $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $120,000 -4.0% --
07/25/2016 07/25/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $125,000 -- --
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 $8,418 $59,001 $9,688 $49,313
2024 $8,418 $59,001 $9,688 $49,313
2023 $8,187 $43,001 $7,813 $35,188
2022 $8,187 $43,001 $7,813 $35,188
2021 $7,977 $42,999 $7,812 $35,187
2020 $7,364 $35,945 $6,250 $29,695
2019 $7,473 $40,388 $6,250 $34,138
2018 $8,030 $40,388 $6,250 $34,138
2017 $3,867 $17,845 $5,312 $12,533
2016 $3,094 $17,845 $5,312 $12,533
2015 $2,810 $17,845 $5,312 $12,533
2014 $1,765 $10,903 $3,750 $7,153
2013 $2,506 $16,300 $3,750 $12,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09293834

Midwest Real Estate Data (MRED)

APN: 16-36-202-008-0000

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