NOT LISTED FOR SALE

Estimated Value: $407,000 - $485,000

5 Beds
2 Baths
1,225 Sq Ft
$357/Sq Ft Est. Value

Last Sold November 04, 2024

Last sale price $444,000 $362 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,726/month

34 Days on Market

About This Home

As of November 2024

2 flat. Each unit is 2 bed/1 bath. Upstairs units get $800 per month. 1st floor owner occupied Property offers a garage as well as a fenced in yard! Very nice income property!

Last Agent to Sell the Property

Laura Catrambone-Gerace

Coldwell Banker Stratford Place License #471019032 Listed on: 08/01/2024

Coldwell Banker Stratford Place

Last Buyer's Agent

Fernando Roman

RE/MAX Partners License #475177693

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,527

Year Built

  • Built in 1923

Lot Details

  • 6,011

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,527

Year Built

Built in 1923

Lot Details

6,011 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

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

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4527
  • Tax Year: 2022

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
Aug 1, 2024
Closed on
Oct 30, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Cajas Franklin and Cajas Marielena Sanchez
Seller's Agent
Laura Catrambone-Gerace
Coldwell Banker Stratford Place
Buyer's Agent
Fernando Roman
RE/MAX Partners
List Price
$429,900
Sold Price
$444,000
Premium/Discount to List
$14,100
3.28%
Views
47
Current Estimated Value
$437,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,241
Avg. Annual Appreciation
-1.01%
Original Mortgage
$421,800
Outstanding Balance
$417,235
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$20,524

Purchase Details

Closed on
Mar 11, 2020
Sold by
Panzica Frank and Megow Karla Marie
Bought by
Chicago Title Land Trust Company and Trust Number 8002383010
Source: Public Records
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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
Cajas Franklin $444,000 Chicago Title
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cajas Franklin $421,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2024 11/04/24 Sold $444,000 +3.3% $362 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $429,900 -- $351 / Sq Ft
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 $4,644 $32,000 $15,050 $16,950
2024 $4,644 $32,000 $15,050 $16,950
2023 $4,527 $22,000 $11,452 $10,548
2022 $4,527 $22,000 $11,452 $10,548
2021 $4,426 $21,997 $11,450 $10,547
2020 $5,377 $24,123 $7,525 $16,598
2019 $5,388 $26,804 $7,525 $19,279
2018 $5,298 $26,804 $7,525 $19,279
2017 $5,630 $26,138 $6,622 $19,516
2016 $5,238 $26,138 $6,622 $19,516
2015 $4,792 $26,138 $6,622 $19,516
2014 $4,499 $24,232 $6,020 $18,212
2013 $4,410 $24,232 $6,020 $18,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12127760

Midwest Real Estate Data (MRED)

APN: 12-24-232-019-0000

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