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

Sale Details

Date 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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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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