NOT LISTED FOR SALE

Estimated Value: $248,000 - $289,000

4 Beds
2 Baths
1,084 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 11, 2012

Last sale price $55,000 $51 Per Sq Ft

Est. 403% increase in value since last sale

Current estimated payment $1,719/month

40 Days on Market

About This Home

As of July 2012

This is a Fannie Mae HomePath property. Purchase for as little s 3% down. This property is approved for HomePath Renovation Mortgage Financing. Great Location. Much bigger than what it appears. Need a ready to close buyer. Submit highest and Best!! First 15 days to Owner Occupants- Day 16 for Investors. Sold-as-is

Last Agent to Sell the Property

Lorena Verdin

Verdin Real Estate Group License #471010039 Listed on: 05/15/2012

Last Buyer's Agent

Veronica Cepeda

RE/MAX 10 License #471017989

RE/MAX 10

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,691

Year Built

  • 1951

Parking

  • 2

Home Design

  • Frame Construction

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Lake Michigan Water
  • Private or Community Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$2,691

Year Built

1951

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 7
  • Basement: Full
  • Basement: Finished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X10
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X10
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 11X12
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 12X12
  • Living Room Level: Main Level
  • Living Room Size: 12X14
  • Dining Room Level: Main Level
  • Dining Room Size: 14X14
  • Kitchen Level: Main Level
  • Kitchen Size: 12X12

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas
  • Sewer: Septic-Private

Condo/Co-op/Association

  • Fee Frequency: Not Applicable

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2012
Closed on
Jun 27, 2012
Sold by
Fannie Mae
Bought by
Flores Salvador
Seller's Agent
Lorena Verdin
Verdin Real Estate Group
Buyer's Agent
Veronica Cepeda
RE/MAX 10
List Price
$52,000
Sold Price
$55,000
Premium/Discount to List
$3,000
5.77%
Current Estimated Value
$276,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,549
Avg. Annual Appreciation
12.39%

Purchase Details

Closed on
Dec 12, 2011
Sold by
Cervantes Reyna
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 25, 2000
Sold by
Valenzuela Jaime and Valenzuela Soledad
Bought by
Rayo Manuel and Cervantes Reyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,084
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 1999
Sold by
Pappas Richard L and Pappas Gloria
Bought by
Valenzuela Jaime and Valenzuela Soledad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,867
Interest Rate
7.04%
Mortgage Type
FHA
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
Flores Salvador $55,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Rayo Manuel $112,000 Chicago Title Insurance Co
Valenzuela Jaime $85,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cervantes Reyna $148,500
Previous Owner Cervantes Juana Alicia $112,689
Previous Owner Rayo Manuel $111,084
Previous Owner Valenzuela Jaime $84,867
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2012 07/11/12 Sold $55,000 +5.8% $51 / Sq Ft
06/24/2012 06/24/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $52,000 0.0% $48 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $52,000 -- $48 / 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 $2,691 $19,001 $1,563 $17,438
2023 $2,602 $16,000 $2,656 $13,344
2022 $2,602 $16,000 $2,656 $13,344
2021 $2,548 $15,999 $2,656 $13,343
2020 $2,389 $13,755 $2,656 $11,099
2019 $2,467 $15,631 $2,656 $12,975
2018 $2,425 $15,631 $2,656 $12,975
2017 $1,824 $11,794 $2,343 $9,451
2016 $1,874 $11,794 $2,343 $9,451
2015 $1,693 $11,794 $2,343 $9,451
2014 $1,721 $11,770 $2,187 $9,583
2013 $1,676 $11,770 $2,187 $9,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08068319

Midwest Real Estate Data (MRED)

APN: 19-11-414-032-0000