NOT LISTED FOR SALE

Estimated Value: $224,000 - $259,000

4 Beds
2 Baths
2,396 Sq Ft
$100/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $140,000 $58 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,843/month

6 Days on Market

About This Home

As of March 2022

Great opportunity to own and collect rent at the same time! Or be a landlord and rent out both units. Each unit is a 2 bedroom 1 bath unit. There is a 2 car garage and each unit is separately metered. 9' Ceilings on first floor with great vintage trim and charm.

Last Agent to Sell the Property

Timothy Coleman

10 West Real Estate Group License #471015554 Listed on: 02/11/2022

Last Buyer's Agent

Chad Bauer

HomeSmart Connect License #475169674

HomeSmart Connect

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,187

Year Built

  • Built in 1860

Lot Details

  • 7,449

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Cedar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 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 77x96

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,187

Year Built

Built in 1860

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1860
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors

Exterior Features

  • List Price: 149900
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 77X96
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5186.8
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 14, 2022
Sold by
Witt Holdings Llc
Bought by
724 Mp Llc Series 3
Seller's Agent
Timothy Coleman
10 West Real Estate Group
Buyer's Agent
Chad Bauer
HomeSmart Connect
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$240,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,557
Avg. Annual Appreciation
17.20%

Purchase Details

Closed on
Feb 9, 2021
Sold by
North Shore Trust And Savings
Bought by
Witt Holdings Llc

Purchase Details

Closed on
Oct 27, 2014
Sold by
Rivera Rafael
Bought by
Witt Holdings Llc

Purchase Details

Closed on
Dec 19, 2005
Sold by
Moore Eleanor
Bought by
Rivera Rafael and Rivera Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,378
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2001
Sold by
Moore Eleanor
Bought by
Moore Eleanor and Eleanor Moore Declaration Of Trust
Source: Public Records

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Range of Values:

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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
724 Mp Llc Series 3 $140,000 Chicago Title
Witt Holdings Llc -- None Listed On Document
Witt Holdings Llc $34,001 None Available
Rivera Rafael $182,000 Ticor
Moore Eleanor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Witt Holdings Llc $1,500,000
Previous Owner Witt Holdings Llc $1,000,000
Previous Owner Rivera Rafael $36,378
Previous Owner Rivera Rafael $145,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 For Sale $149,900 +7.1% $63 / Sq Ft
03/14/2022 03/14/22 Sold $140,000 0.0% $58 / Sq Ft
02/13/2022 02/13/22 Off Market $140,000 -- --
02/11/2022 02/11/22 For Sale $149,900 -- $63 / Sq Ft
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 $5,983 $47,381 $9,711 $37,670
2023 $5,983 $63,445 $8,694 $54,751
2022 $4,562 $46,662 $7,441 $39,221
2021 $5,088 $48,803 $7,376 $41,427
2020 $5,154 $45,466 $6,872 $38,594
2019 $5,187 $41,662 $6,297 $35,365
2018 $4,384 $33,907 $8,021 $25,886
2017 $4,267 $29,998 $7,096 $22,902
2016 $4,028 $26,067 $6,166 $19,901
2015 $3,941 $30,569 $5,519 $25,050
2014 $3,485 $26,138 $5,245 $20,893
2012 $4,539 $28,319 $5,683 $22,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11323011

Midwest Real Estate Data (MRED)

APN: 08-21-209-046