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

Sale Details

Date Sold: April 30, 2018

Last sale price $171,000

12 Days on Market

About This Home

As of April 2018

Beautiful Stone and Brick 2 flat. If you're looking for a turn key property generating a great return, this is your property! 2 large units rented to Sec. 8 tenants. 1st floor has 4/1 renting for $1231/mo , and 2nd floor is 5/1 bringing in $1667/mo. Basement could also be turned into a non conforming additional unit. It has separate plumbing, electrical (circuits), heat, and 2 sep exits. Exterior work done w/in last yr: New Roof, Tuckpointing, New rear Porch, New fence in front. Some rehabbing done interior.

Last Agent to Sell the Property

David McLennan

Pearson Realty Group License #475165323 Listed on: 03/08/2018

Pearson Realty Group

Last Buyer's Agent

Lenny Feil

Century 21 Harthside Realtors License #471005412

Century 21 Harthside Realtors
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,078

Year Built

  • Built in 1896 | Remodeled in 2016

Lot Details

  • 2,614

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 2 Bathrooms

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 28 x 125

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $34,776
  • Net Operating Income $24,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,078

Year Built

Built in 1896 | Remodeled in 2016

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: 1896
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 9
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Fee Information

  • Other Expenses $: 10313

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 28 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 24463
  • GrossIncome: 34776
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 1077.97
  • Tax Year: 2016

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

Listed on
Mar 8, 2018
Closed on
Apr 19, 2018
Sold by
Cyberski Nancy
Bought by
Seller's Agent
David McLennan
Pearson Realty Group
Buyer's Agent
Lenny Feil
Century 21 Harthside Realtors
List Price
$159,900
Sold Price
$171,000
Premium/Discount to List
$11,100
6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Outstanding Balance
$108,126
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2013
Closed on
May 20, 2013
Sold by
Alliance Relaty Capital Llc
Bought by
Cyberski Nancy
Seller's Agent
Haris Dedic
RE/MAX Premier Luxury Collection
Buyer's Agent
Jeff Silver
@properties
List Price
$29,000
Sold Price
$25,000
Premium/Discount to List
-$4,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.47%

Purchase Details

Closed on
Mar 18, 2013
Sold by
Taylor Lakeya
Bought by
Alliance Realty Capital Llc

Purchase Details

Closed on
Dec 8, 2004
Sold by
Founders Bank
Bought by
Taylor Lakeya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2004
Sold by
Jp Morgan Chase Bank
Bought by
Founders Bank and Trust #6324

Purchase Details

Closed on
Apr 9, 2004
Sold by
Williams Eugene
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Mar 6, 2002
Sold by
Stowe Ronald C and Bowden Stowe Valarie
Bought by
Williams Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 1994
Sold by
Stowe Ronald C and Bowden Stowe Valarie
Bought by
Chicago Title & Trust Company
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$171,000 Chicago Title
Cyberski Nancy $25,000 None Available
Alliance Realty Capital Llc -- None Available
Taylor Lakeya $312,000 First American
Founders Bank $155,000 First American
Jp Morgan Chase Bank -- --
Williams Eugene $160,000 Lakeshore Title Agency
Chicago Title & Trust Company -- --
Stowe Ronald C -- --
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
Open $128,250
Previous Owner Taylor Lakeya $312,000
Previous Owner Williams Eugene $120,000
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
04/30/2018 04/30/18 Sold $171,000 +6.9% --
03/20/2018 03/20/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $159,900 -- --
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 $2,329 $24,000 $5,053 $18,947
2024 $2,329 $24,000 $5,053 $18,947
2023 $2,270 $11,000 $4,095 $6,905
2022 $2,270 $11,000 $4,095 $6,905
2021 $2,219 $10,999 $4,094 $6,905
2020 $2,804 $12,546 $4,094 $8,452
2019 $2,874 $14,257 $4,094 $10,163
2018 $2,825 $14,257 $4,094 $10,163
2017 $3,679 $17,032 $3,659 $13,373
2016 $1,078 $5,382 $3,659 $1,723
2015 $3,828 $20,892 $3,659 $17,233
2014 $2,710 $14,608 $3,485 $11,123
2013 $3,192 $17,549 $3,485 $14,064
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09878622

Midwest Real Estate Data (MRED)
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