NOT LISTED FOR SALE

Estimated Value: $495,000 - $862,000

6 Beds
3 Baths
5,978 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $194,000 $32 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $4,619/month

36 Days on Market

About This Home

As of June 2018

Home is in need of a gut rehab! No showings this is a drive by only. Multiple Offers Received. We will not accept any blind Offers.

Last Agent to Sell the Property

Tammy Jackson

KM Realty Group, LLC License #471020151 Listed on: 11/16/2017

Last Buyer's Agent

Sabrina French

Ariel Realty License #471003790

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,210

Lot Details

  • 3,267

Home Design

  • Greystone Architecture
  • Stone Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,210

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4210.23
  • Tax Year: 2015

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2018
Sold by
Bar Acquisitions Llc
Bought by
Barron Charles K
Current Estimated Value
$738,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$559,563
Interest Rate
5%
Mortgage Type
Construction
Estimated Equity
$178,770

Purchase Details

Listed on
Nov 16, 2017
Closed on
May 10, 2018
Sold by
Stewart Linda T
Bought by
Bar Acquisitions Llc
Seller's Agent
Tammy Jackson
KM Realty Group, LLC
Buyer's Agent
Sabrina French
Ariel Realty
List Price
$195,000
Sold Price
$194,000
Premium/Discount to List
-$1,000
-0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.25%
Original Mortgage
$438,750
Interest Rate
8.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 25, 1997
Sold by
The Chicago Trust Company
Bought by
Stewart Linda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,150
Interest Rate
7.68%
Mortgage Type
FHA
Source: Public Records
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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
Barron Charles K $350,000 First American Title
Bar Acquisitions Llc $194,000 Attorney
Stewart Linda T $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barron Charles K $640,000
Previous Owner Bar Acquisitions Llc $438,750
Previous Owner Stewart Linda T $230,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2018 06/14/18 Sold $194,000 -0.5% $32 / Sq Ft
12/22/2017 12/22/17 Pending -- -- --
11/26/2017 11/26/17 For Sale $195,000 +0.5% $33 / Sq Ft
11/17/2017 11/17/17 Off Market $194,000 -- --
11/16/2017 11/16/17 For Sale $195,000 -- $33 / 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
2025 $9,102 $68,000 $11,375 $56,625
2024 $9,102 $68,000 $11,375 $56,625
2023 $8,872 $43,000 $11,375 $31,625
2022 $8,872 $43,000 $11,375 $31,625
2021 $8,673 $43,000 $11,375 $31,625
2020 $6,871 $30,845 $5,525 $25,320
2019 $7,042 $35,052 $5,525 $29,527
2018 $6,245 $35,052 $5,525 $29,527
2017 $5,206 $27,559 $4,550 $23,009
2016 $5,020 $27,559 $4,550 $23,009
2015 $4,569 $27,559 $4,550 $23,009
2014 $3,787 $22,979 $3,900 $19,079
2013 $3,701 $22,979 $3,900 $19,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09802319

Midwest Real Estate Data (MRED)

APN: 20-10-219-011-0000