NOT LISTED FOR SALE
5 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold October 22, 2021

Last sale price $430,786

1 Day on Market

About This Home

As of October 2021

Hot Investment Property! Legal 2 flat with potential to add a 3rd unit in prime Albany/Jefferson park location. Wiring updated in 2019, Boiler replaced in 2019, building setup for split utilities. Tenant occupying 3rd floor on a month to month lease, willing to discuss new lease with new owner. Schedule via Showing assist, please give an advance notice as the home is still occupied with pets.

Last Agent to Sell the Property

Michael Lopez

Granada Realty LLC License #475183183 Listed on: 09/01/2021

Last Buyer's Agent

Shuaib Menk

Imperial Palace Properties Corporation License #475175570

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Sun or Florida Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Palmer Elementary School
  • Taft High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,410

Year Built

Built in 1925

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: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Sun Room
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • 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

Schools

  • Elementary School: Palmer Elementary School
  • High School: Taft High School

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: .087 ACRES
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3410
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $430,786 -3.2% --
09/04/2021 09/04/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $445,000 -- --
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 $7,979 $50,000 $13,335 $36,665
2024 $7,979 $50,000 $13,335 $36,665
2023 $8,463 $41,000 $10,668 $30,332
2022 $8,463 $41,000 $10,668 $30,332
2021 $8,272 $41,000 $10,668 $30,332
2020 $3,410 $27,726 $5,143 $22,583
2019 $3,399 $31,869 $5,143 $26,726
2018 $3,348 $31,869 $5,143 $26,726
2017 $3,585 $28,373 $4,572 $23,801
2016 $3,955 $29,382 $4,572 $24,810
2015 $3,802 $31,413 $4,572 $26,841
2014 $3,770 $24,648 $4,191 $20,457
2013 $4,011 $26,482 $4,191 $22,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11207267

Midwest Real Estate Data (MRED)
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