NOT LISTED FOR SALE

Estimated Value: $302,049

5 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold October 16, 2018

Last sale price $202,000

Est. 50% increase in value since last sale

Current estimated payment $2,028/month

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 3-minute walk to Ryerson Park

About This Home

As of October 2018

WHAT A GREAT 2 UNIT HOME TO OWN THAT WAS UPDATED IN 2011 WITH NEW WINDOWS, NEW ELECTRIC,NEW KITCHENS AND NEW BATHROOMS. FIRST FLOOR UNIT HAS 2 BEDROOMS, SECOND FLOOR UNIT HAS 3 BEDROOMS. TENANTS PAY FOR ELECTRIC AND GAS (HEAT). THERE IS A 2 CAR GARAGE IN THE BACK WITH A FENCED YARD. THE BASEMENT OFFERS A WASHER/DRYER HOOK UP. MAKE THIS YOUR INVESTMENT PROPERTY OR LIVE IN ONE UNIT AND RENT OUT THE SECOND UNIT.

Last Agent to Sell the Property

Grace Pawlikowski

Baird & Warner License #475125362 Listed on: 09/11/2018

Baird & Warner

Last Buyer's Agent

Sandra Arms

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,273

Year Renovated

  • 2011

Lot Details

  • 6,970

Parking

  • 2 Car Detached Garage
  • Off Alley Parking
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

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

Additional Features

  • Partial Basement
  • 6,970 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,273

Year Renovated

2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: CO Detectors
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors

Exterior Features

  • List Price: 204700
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 7,165
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4273.48
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 16, 2018
Sold by
Passanante Joseph
Bought by
Cervantes Jose Estrada and Moncad Patricia
Seller's Agent
Grace Pawlikowski
Baird & Warner
Buyer's Agent
Sandra Arms
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$204,700
Sold Price
$202,000
Premium/Discount to List
-$2,700
-1.32%
Current Estimated Value
$302,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,049
Avg. Annual Appreciation
5.92%
Original Mortgage
$198,341
Outstanding Balance
$174,732
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$127,317

Purchase Details

Closed on
Apr 4, 2011
Sold by
Partners In Charity Inc
Bought by
Passanante Joseph

Purchase Details

Closed on
Dec 13, 2010
Sold by
The Bank Of New York Mellon
Bought by
Partners In Charity

Purchase Details

Closed on
Dec 28, 2009
Sold by
Montalvo Dominga
Bought by
Bank Of New York

Purchase Details

Closed on
Apr 19, 2000
Sold by
Montalvo Dominga and Valdez Gelacio
Bought by
Cruz Constantino and Montalvo Dominga

Purchase Details

Closed on
Oct 9, 1998
Sold by
Hein C Cherie and Hein Paul D
Bought by
Montalvo Dominga and Valdez Gelacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 1996
Sold by
Hein C Cherie and Buckmaster Christina C
Bought by
Hein Paul D and Cherie Hein C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.78%
Mortgage Type
Balloon
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
Cervantes Jose Estrada $202,000 Petra Title Llc
Passanante Joseph -- None Available
Partners In Charity $55,000 None Available
Bank Of New York -- None Available
Cruz Constantino -- --
Montalvo Dominga $143,000 --
Hein Paul D -- Fox Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Jose Estrada $198,341
Previous Owner Montalvo Dominga $140,800
Previous Owner Hein Paul D $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2018 10/16/18 Sold $202,000 -1.3% --
09/14/2018 09/14/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $204,700 -- --
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 $5,106 $71,801 $14,772 $57,029
2023 $4,848 $64,866 $13,345 $51,521
2022 $4,238 $54,875 $12,168 $42,707
2021 $4,042 $51,304 $11,376 $39,928
2020 $3,920 $48,977 $10,860 $38,117
2019 $3,797 $46,654 $10,345 $36,309
2018 $4,345 $43,951 $9,746 $34,205
2017 $4,273 $41,549 $9,213 $32,336
2016 $4,111 $38,546 $8,547 $29,999
2015 -- $35,331 $7,834 $27,497
2014 -- $34,895 $7,737 $27,158
2013 -- $35,815 $7,941 $27,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10079556

Midwest Real Estate Data (MRED)

APN: 06-23-278-015