NOT LISTED FOR SALE
8 Beds
4 Baths
4,680 Sq Ft
2,000 Acre Lot

Sale Details

Date Sold: April 7, 2014

Last sale price $112,000 $24 Per Sq Ft

18 Days on Market

Highlights

  • 2,000 Acre Lot
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Two Heating Systems

About This Home

As of April 2014

well-maintained 4 unit corner building with finished basement; tenant occupied with security deposits and executed monthly leases; each unit individually heated; tenants pay utilities; hardwood flooring in three units; units are section 8 approved; GOOD INCOME PRODUCING PROPERTY.

Last Agent to Sell the Property

Tangie Gray-Purvis

MEP Consultants License #471015353 Listed on: 01/13/2014

Last Buyer's Agent

Tangie Gray-Purvis

MEP Consultants License #471015353 Listed on: 01/13/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1927

Lot Details

  • 2,000 Acre Lot
  • Lot Dimensions are 50x125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

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

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,400

Year Built

Built in 1927

Lot Details

2,000 Acres

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1927
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2000
  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 4400
  • Tax Year: 2012
  • Tax Exemptions: None

Multi Family

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
0.0475%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2014
Closed on
Apr 7, 2014
Sold by
Bought by
Seller's Agent
Tangie Gray-Purvis
MEP Consultants
Buyer's Agent
Tangie Gray-Purvis
MEP Consultants
List Price
$125,000
Sold Price
$112,000
Premium/Discount to List
-$13,000
-10.4%

Purchase Details

Closed on
Jan 27, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 8, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
0.0995%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$394,000 First American Title
$112,000 Chicago Title Land Trust Co
-- None Available
$101,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $288,750
Closed $114,750
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
04/07/2014 04/07/14 Sold $112,000 -10.4% $24 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $125,000 -- $27 / 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 $3,376 $27,001 $4,688 $22,313
2024 $3,376 $27,001 $4,688 $22,313
2023 $3,291 $16,001 $7,813 $8,188
2022 $3,291 $16,001 $7,813 $8,188
2021 $3,217 $15,999 $7,812 $8,187
2020 $4,223 $18,958 $5,625 $13,333
2019 $4,328 $21,544 $5,625 $15,919
2018 $4,256 $21,544 $5,625 $15,919
2017 $4,706 $21,860 $5,000 $16,860
2016 $4,378 $21,860 $5,000 $16,860
2015 $4,006 $21,860 $5,000 $16,860
2014 $3,297 $20,336 $4,375 $15,961
2013 $3,220 $20,336 $4,375 $15,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08517084

Midwest Real Estate Data (MRED)

APN: 25034040060000

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