NOT LISTED FOR SALE
7 Beds
3 Baths
2,325 Sq Ft
3,485 Sq Ft Lot

Last Sold August 16, 2024

Last sale price $420,000 $181 Per Sq Ft

6 Days on Market

Highlights

  • Fenced Yard
  • Patio
  • Senior Tax Exemptions
  • 2 Car Detached Garage
  • Forced Air Heating System
  • 2-minute walk to Kedvale Park

About This Home

As of August 2024

RESPONSE HAS BEEN OVERWHELMING. SUBMIT HIGHEST AND BEST OFFER IMMEDIATELY. OFFER DEADLINE 3PM JUNE 15TH // INCREDIBLE INVESTMENT OPPORTUNITY FOR YOU IN HUMBOLT PARK. FULLY RENTED THREE UNIT BUILDING. SEPARATE METERS , HOT WATER TANKS, AND GAS FORCED HEAT FURNACES. FENCED YARD WITH 2 CAR GARAGE AND PATIO OFF GARAGE. FIRST FLOOR UNIT IS 2BR/1BA WITH A MTM TENANT. BASEMENT UNIT IS 2BR/1BA WITH A TENANT WITH A LEASE THROUGH SEPT 24. SECOND FLOOR UNIT IS A 3BR/1BA WITH A TENANT ON MTM. QUIET NEIGHBORHOOD AND GREAT NEIGHBORS.

Last Agent to Sell the Property

John Wright

Keller Williams Premiere Properties License #475131980 Listed on: 06/10/2024

Keller Williams Premiere Properties

Last Buyer's Agent

Maria Buitron

RE/MAX LOYALTY License #475203870

RE/MAX LOYALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,933

Year Built

  • Built in 1911

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced Yard

Parking

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

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Nobel Elementary School
  • Orr Community Academy High Schoo

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $900
  • Fuel Expense $1,200
  • Insurance Expense $2,100
  • Maintenance Expense $3,000
  • Water Sewer Expense $2,880
  • Gross Income $46,200
  • Net Operating Income $28,339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,933

Year Built

Built in 1911

Lot Details

3,485 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: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 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

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 2880
  • Other Expenses $: 1848

Schools

  • Elementary School: Nobel Elementary School
  • High School: Orr Community Academy High Schoo
  • Middle/Junior School: Nobel Elementary School

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 3720
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 28339
  • Fuel Expense: 1200
  • Insurance Expense: 2100
  • ElectricExpense: 900
  • GrossIncome: 46200
  • Maintenance Expense: 3000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,3 Flat

Tax Info

  • Tax Annual Amount: 5933
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $420,000 +7.7% $181 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $389,900 -- $168 / 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 $6,144 $36,000 $5,580 $30,420
2024 $6,144 $36,000 $5,580 $30,420
2023 $5,933 $35,000 $4,464 $30,536
2022 $5,933 $35,000 $4,464 $30,536
2021 $5,833 $35,000 $4,464 $30,536
2020 $4,052 $18,188 $5,208 $12,980
2019 $4,249 $21,149 $5,208 $15,941
2018 $4,178 $21,149 $5,208 $15,941
2017 $3,693 $17,155 $4,650 $12,505
2016 $3,436 $17,155 $4,650 $12,505
2015 $3,144 $17,155 $4,650 $12,505
2014 $3,275 $17,649 $4,464 $13,185
2013 $3,210 $17,649 $4,464 $13,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12079421

Midwest Real Estate Data (MRED)

APN: 16032260040000

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