NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
10,890 Sq Ft Lot

Sale Details

Date Sold: December 17, 2014

Last sale price $425,000

167 Days on Market

Highlights

  • Intercom
  • Patio
  • Senior Tax Exemptions
  • Prospect High School Rated A+
  • Ceiling Fan

About This Home

As of December 2014

Great Location, great quality building,. Roof, gutters are less than 3 years old. Windows are all newer. Kitchens have been updated. New Ac units, new heating system and water heater. Owner occupied. Next to a baseball field and Recreational center...Can demand higher rents.

Last Agent to Sell the Property

Javier Villanueva

Smart Home Realty License #471021578 Listed on: 05/20/2014

Last Buyer's Agent

Andrew Filipowski

RE/MAX City License #475100025

RE/MAX City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,986

Year Built

  • Built in 1972

Lot Details

  • 0.25

Parking

  • 3 Car Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Intercom
  • Carbon Monoxide Detectors

Schools

  • Ridge Family Center For Learning Elementary School
  • Friendship Junior High School
  • Prospect High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • 10,890 Sq Ft Lot

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $39,400
  • Net Operating Income $23,130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,986

Year Built

Built in 1972

Lot Details

0.25 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Garage/Space,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space

Exterior Features

  • ExteriorFeatures: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway
  • ParkingTotal: 6
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Other Expenses $: 16269

Schools

  • Elementary School: RIDGE FAMILY CENTER FOR LEARNING
  • High School: PROSPECT HIGH SCHOOL
  • Middle/Junior School: FRIENDSHIP JUNIOR HIGH SCHOOL

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 8,997
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 23130
  • GrossIncome: 39400
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Story Unit/s

Tax Info

  • Tax Annual Amount: 9986.31
  • Tax Year: 2013
  • Tax Exemptions: Homeowner,Senior
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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
12/17/2014 12/17/14 Sold $425,000 -3.4% --
11/03/2014 11/03/14 Pending -- -- --
10/25/2014 10/25/14 Price Changed $440,000 -4.2% --
09/18/2014 09/18/14 Price Changed $459,500 -7.2% --
05/20/2014 05/20/14 For Sale $495,000 -- --
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 $14,070 $67,000 $10,796 $56,204
2024 $14,070 $54,000 $8,997 $45,003
2023 $13,510 $54,000 $8,997 $45,003
2022 $13,510 $54,000 $8,997 $45,003
2021 $11,944 $41,800 $5,848 $35,952
2020 $11,624 $41,800 $5,848 $35,952
2019 $12,003 $47,500 $5,848 $41,652
2018 $14,511 $50,828 $4,948 $45,880
2017 $14,377 $50,828 $4,948 $45,880
2016 $14,816 $55,718 $4,948 $50,770
2015 $11,683 $41,006 $4,048 $36,958
2014 $11,491 $41,006 $4,048 $36,958
2013 $9,986 $41,006 $4,048 $36,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08621554

Midwest Real Estate Data (MRED)
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