NOT LISTED FOR SALE

Estimated Value: $348,000 - $456,000

5 Beds
3 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold December 11, 2012

Last sale price $95,299

Est. 322% increase in value since last sale

Current estimated payment $2,627/month

29 Days on Market

About This Home

As of December 2012

REO PROPERTY - BANK OWNED. PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. The Listing Broker and Seller assume no responsibility and make no guarantees, warranties or representations as to the availability or accuracy of the prop info, photographs, or other information depicted or described herein. SELLER WILL NOT ACTIVATE ANY UTILTIES. Web technology fee of $299 paid by buyer CASH & CONV

Last Agent to Sell the Property

Tim Litchford

Owners.com Listed on: 08/15/2012

Last Buyer's Agent

Juan Hernandez

American Land Realty, Ltd. License #471008650

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,236

Year Built

  • 1924

Lot Details

  • 3,136

Parking

  • 1

Home Design

  • Brick Exterior Construction

Utilities

  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$5,236

Year Built

1924

Lot Details

0

Parking

1

Interior Features

  • Total # Of Rooms: 10

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage

Utilities

  • Water: Lake Michigan
  • Heat/Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Units in Building: 2

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 3150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2012
Closed on
Nov 2, 2012
Sold by
Deutsche Bank National Trust Co
Bought by
Pachon Aldemar Vargas
Seller's Agent
Tim Litchford
Owners.com
Buyer's Agent
Juan Hernandez
American Land Realty, Ltd.
List Price
$102,000
Sold Price
$95,299
Premium/Discount to List
-$6,701
-6.57%
Current Estimated Value
$402,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,701
Avg. Annual Appreciation
11.98%
Original Mortgage
$102,205
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2012
Sold by
Zavala Maria E
Bought by
Deutsche Bank National Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,205
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2003
Sold by
Lopez Roberto and Lopez Patricia
Bought by
Zavala Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,415
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2002
Sold by
Lopez Javier R
Bought by
Lopez Roberto and Lopez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2002
Sold by
Tlaseca Juan
Bought by
Lopez Javier R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2000
Sold by
Gilles Michael B and Gilles Gloria A
Bought by
Lopez Javier R and Tlaseca Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,970
Interest Rate
8.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pachon Aldemar Vargas $95,299 None Available
Deutsche Bank National Trust Co -- None Available
Zavala Maria E $232,000 Atgf Inc
Zavala Maria E $232,000 Atgf Inc
Lopez Roberto -- World Title Guaranty Inc
Lopez Javier R -- World Title Guaranty Inc
Lopez Javier R $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas-Pachon Aldemar $200,000
Previous Owner Pachon Aldemar Vargas $102,205
Previous Owner Zavala Javier $297,500
Previous Owner Zavala Maria E $228,415
Previous Owner Lopez Javier R $159,000
Previous Owner Lopez Javier R $153,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2012 12/11/12 Sold $95,299 -1.7% --
09/13/2012 09/13/12 Pending -- -- --
09/11/2012 09/11/12 Price Changed $96,900 -5.0% --
09/05/2012 09/05/12 Price Changed $102,000 0.0% --
09/05/2012 09/05/12 For Sale $102,000 +7.0% --
08/23/2012 08/23/12 Off Market $95,299 -- --
08/15/2012 08/15/12 For Sale $102,000 -- --
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 $5,236 $25,001 $3,938 $21,063
2023 $5,084 $28,000 $3,150 $24,850
2022 $5,084 $28,000 $3,150 $24,850
2021 $4,961 $28,000 $3,150 $24,850
2020 $2,709 $15,186 $3,150 $12,036
2019 $2,877 $17,659 $3,150 $14,509
2018 $2,828 $17,659 $3,150 $14,509
2017 $3,866 $21,217 $2,835 $18,382
2016 $3,774 $21,217 $2,835 $18,382
2015 $3,432 $21,217 $2,835 $18,382
2014 $3,231 $19,849 $2,677 $17,172
2013 $3,157 $19,849 $2,677 $17,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08137873

Midwest Real Estate Data (MRED)

APN: 19-01-400-024-0000