NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
0.25 Acre 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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 First American Mortgage Sln
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $810,000
Closed $349,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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