NOT LISTED FOR SALE
7 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 02, 2019

Last sale price $188,000

180 Days on Market

About This Home

As of December 2019

PRICE DROP - BACK ON MARKET - NEW PHOTOS - Tremendous CASHFLOW opportunity! Upgraded extremely well maintained Greystone gem generates over $2,500/mo. Perfect for investor or owner occupant. Enormous apartments. Separate living room and dining room. 1st unit 3 bedroom/1bath, 2nd unit 4 bedrooms/1 bath plus bonus tandem room in each unit. Separate living room and dining room, appliances, and in-unit washer and dryer. Unfinished basement awaiting your ideas! This is a perfect way to become a real estate investor or add to your portfolio. Schedule your appointment today!

Last Agent to Sell the Property

Wilonda Cannon

Coldwell Banker Realty License #475171143 Listed on: 03/14/2019

Coldwell Banker Realty

Last Buyer's Agent

Olurotimi Osilaja

Marvel Ventures Realty License #471005748

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,273

Year Built

  • Built in 1900

Lot Details

  • 2,614

Home Design

  • Stone Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Unassigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch
  • 2,614 Sq Ft Lot

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,756
  • Water Sewer Expense $1,974
  • Gross Income $30,396
  • Net Operating Income $22,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,273

Year Built

Built in 1900

Lot Details

2,614 Sq Ft Lot

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: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Fee Information

  • Water Sewer Expenses: 1974

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 2696 SQFT
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 22366
  • Insurance Expense: 1756
  • GrossIncome: 30396
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4273.33
  • Tax Year: 2017
  • Tax Exemptions: None
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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
12/02/2019 12/02/19 Sold $188,000 -3.1% --
10/24/2019 10/24/19 For Sale $194,000 +3.2% --
09/14/2019 09/14/19 Off Market $188,000 -- --
09/10/2019 09/10/19 Pending -- -- --
08/26/2019 08/26/19 Price Changed $194,000 -2.5% --
07/24/2019 07/24/19 For Sale $199,000 0.0% --
07/24/2019 07/24/19 Price Changed $199,000 -0.5% --
03/28/2019 03/28/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $200,000 -- --
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 $2,752 $23,000 $4,386 $18,614
2024 $2,752 $23,000 $4,386 $18,614
2023 $2,683 $13,000 $3,554 $9,446
2022 $2,683 $13,000 $3,554 $9,446
2021 $2,623 $12,999 $3,554 $9,445
2020 $3,131 $14,007 $3,554 $10,453
2019 $3,209 $15,917 $3,554 $12,363
2018 $3,154 $15,917 $3,554 $12,363
2017 $4,273 $19,783 $3,176 $16,607
2016 $3,962 $19,783 $3,176 $16,607
2015 $3,625 $19,783 $3,176 $16,607
2014 $3,513 $18,933 $3,025 $15,908
2013 $3,443 $18,933 $3,025 $15,908
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10310188

Midwest Real Estate Data (MRED)
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