NOT LISTED FOR SALE

Estimated Value: $1,222,000 - $1,601,000

4 Beds
4 Baths
2,862 Sq Ft
$475/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $570,000 $199 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $8,841/month

18 Days on Market

Highlights

  • Screened Porch
  • 2 Car Detached Garage
  • Senior Tax Exemptions
  • Waters Elementary School Rated A-
  • Ceiling Fan
  • 4-minute walk to Welles Park

About This Home

As of May 2016

Estate Sale: This beautiful Multi Unit building has been in the same family since 1910, has all the beautiful wood work through out and hard wood floors that has been under carpeting, 2 decorative fireplaces. Make an appointment. Being sold "AS IS"

Last Agent to Sell the Property

Mary Jo Daly

HomeSmart Connect LLC License #475148252 Listed on: 03/19/2016

HomeSmart Connect LLC

Last Buyer's Agent

Jolyn Waichulis

Coldwell Banker Realty License #475095115

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,095

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x125

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • Ceiling Fan
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Waters Elementary School
  • Lane Technical High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,095

Year Built

Built in 1910

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • ExteriorFeatures: Porch Screened, Storms/Screens
  • Foundation Details: Brick/Mortar
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Elementary School: WATERS ELEMENTARY SCHOOL
  • High School: LANE TECHNICAL HIGH SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2094.74
  • Tax Year: 2014
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat,2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2016
Closed on
May 17, 2016
Sold by
Kronemann Jennifer
Bought by
Kowan Joseph Q
Seller's Agent
Mary Jo Daly
HomeSmart Connect LLC
Buyer's Agent
Jolyn Waichulis
Coldwell Banker Realty
List Price
$597,500
Sold Price
$570,000
Premium/Discount to List
-$27,500
-4.6%
Current Estimated Value
$1,358,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,499
Avg. Annual Appreciation
9.22%
Original Mortgage
$456,000
Interest Rate
3.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kowan Joseph Q $570,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kowan Joseph Q $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2016 05/24/16 Sold $570,000 -4.6% $199 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/19/2016 03/19/16 For Sale $597,500 -- $209 / Sq Ft
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 $18,989 $136,001 $13,313 $122,688
2024 $18,989 $136,001 $13,313 $122,688
2023 $18,511 $95,594 $9,000 $86,594
2022 $18,511 $95,594 $9,000 $86,594
2021 $18,098 $90,000 $9,000 $81,000
2020 $13,108 $58,839 $9,000 $49,839
2019 $12,991 $64,659 $9,000 $55,659
2018 $12,772 $64,659 $9,000 $55,659
2017 $11,352 $52,736 $7,875 $44,861
2016 $10,562 $52,736 $7,875 $44,861
2015 $9,664 $52,736 $7,875 $44,861
2014 $2,089 $45,586 $7,125 $38,461
2013 $2,097 $45,586 $7,125 $38,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09170389

Midwest Real Estate Data (MRED)

APN: 13-13-233-019-0000

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