NOT LISTED FOR SALE

Estimated Value: $339,000 - $421,000

4 Beds
4 Baths
-- Sq Ft
6,490 Sq Ft Lot

Last Sold October 13, 2020

Last sale price $307,000

Est. 25% increase in value since last sale

Current estimated payment $2,691/month

22 Days on Market

About This Home

As of October 2020

Investors dream - Easy cash-flow! This charming 4 flat boasts 4 individual apartments each with their own bedroom, living area, kitchen and bath. Ample storage in basement with coin laundry.

Last Agent to Sell the Property

Holly Connors

@properties Christie's International Real Estate License #475141644 Listed on: 07/31/2020

@properties Christie's International Real Estate

Co-Listed By

Noel Walton

HomeSmart Connect License #475170491

Last Buyer's Agent

Maria Tamayo

Luna Real Estate Inc. License #471019966

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,979

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 62x107x60x107
  • Paved or Partially Paved Lot

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Schools

  • Kimball Middle School
  • Larkin High School

Utilities

  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,979

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • List Price: 335000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned, Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Paved

Schools

  • High School: Larkin High School
  • Middle/Junior School: Kimball Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 62X107X60X107
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 5979.36
  • Tax Year: 2019

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Oct 9, 2020
Sold by
Schulz Thomas D and Umlauf Schulz Catherine
Bought by
Tamayo Luis A
Seller's Agent
Holly Connors
@properties Christie's International Real Estate
Buyer's Agent
Maria Tamayo
Luna Real Estate Inc.
List Price
$335,000
Sold Price
$307,000
Premium/Discount to List
-$28,000
-8.36%
Current Estimated Value
$382,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,539
Avg. Annual Appreciation
4.53%
Original Mortgage
$301,439
Interest Rate
2.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2008
Sold by
Bank Of New York
Bought by
Schulz Thomas D and Umlauf Schulz Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2008
Sold by
Bello Sabina Guillermina and Bello Guillermina
Bought by
Bank Of New York and Certificate Holders Of Cwabs 2005-Bc3

Purchase Details

Closed on
Jul 23, 2004
Sold by
Bello Guillermina
Bought by
Bello Sabina Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2002
Sold by
Corcuera Salomon
Bought by
Bello Guillermina

Purchase Details

Closed on
May 1, 1999
Sold by
Swanner Ray D and Swanner Theresia M
Bought by
Bello Guillermina and Corcuera Salomon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,400
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 1996
Sold by
Rodriguez Sergio and Rodriguez Yanet
Bought by
Swanner Ray and Swanner Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,750
Interest Rate
8.33%
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
Tamayo Luis A $307,000 First American Title
Schulz Thomas D $197,500 First American Title
Bank Of New York -- None Available
Bello Sabina Guillermina -- Law Title
Bello Guillermina -- Chicago Title Insurance Comp
Bello Guillermina $135,000 First American Title
Swanner Ray $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tamayo Luis A $301,439
Previous Owner Schulz Thomas D $200,000
Previous Owner Bello Sabina Guillermina $252,000
Previous Owner Bello Guillermina $133,400
Previous Owner Swanner Ray $95,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $307,000 -8.4% --
08/22/2020 08/22/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $335,000 -- --
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 $7,958 $99,434 $11,164 $88,270
2023 $7,658 $89,831 $10,086 $79,745
2022 $6,529 $75,301 $9,197 $66,104
2021 $6,281 $70,402 $8,599 $61,803
2020 $6,130 $67,209 $8,209 $59,000
2019 $5,979 $64,021 $7,820 $56,201
2018 $5,963 $60,312 $7,367 $52,945
2017 $5,864 $57,016 $6,964 $50,052
2016 $5,641 $52,896 $6,461 $46,435
2015 -- $48,484 $5,922 $42,562
2014 -- $47,886 $5,849 $42,037
2013 -- $49,149 $6,003 $43,146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10809388

Midwest Real Estate Data (MRED)

APN: 06-13-101-009