NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
1971 Built

Sale Details

Date Sold: October 3, 2020

Last sale price $520,000

38 Days on Market

Highlights

  • Lower Floor Utility Room
  • 3 Car Detached Garage
  • Senior Tax Exemptions

About This Home

As of October 2020

Rarely available Beauty! Excellent income potential for investors or live in owner. There is no lack of space. The property features large bedrooms, living rooms separate dining, eat in kitchens. Each 3 bedroom unit has a true master bedroom with bath. All separate utilities. Ginormous garage and driveway with room for 7+ cars. Enjoy a super low tax bill! Rents are below market rent. Interest rates are low so there is no better time to buy. Come see and send us an offer before it is sold!

Last Agent to Sell the Property

Jesus Vazquez

RE/MAX City License #475142675 Listed on: 06/08/2020

RE/MAX City

Last Buyer's Agent

Jesus Vazquez

RE/MAX City License #475142675 Listed on: 06/08/2020

RE/MAX City
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,183

Year Built

  • Built in 1971

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Lot Details

  • Lot Dimensions are 150x65

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $42,900

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,183

Year Built

Built in 1971

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1971
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Lot Info

  • Lot Dimensions: 150X65
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 42900
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5183
  • Tax Year: 2018
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Aug 28, 2020
Sold by
Bought by
Seller's Agent
Jesus Vazquez
RE/MAX City
Buyer's Agent
Jesus Vazquez
RE/MAX City
List Price
$559,900
Sold Price
$520,000
Premium/Discount to List
-$39,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,242
Interest Rate
2.7%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$520,000 Chicago Title
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
Open $680,000
Previous Owner $479,242
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
10/03/2020 10/03/20 Sold $520,000 -5.4% --
07/16/2020 07/16/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $549,900 -1.8% --
06/08/2020 06/08/20 For Sale $559,900 -- --
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
2026 $13,322 $1,352,520 $1,199,330 $153,190
2025 $10,385 $1,326,000 $1,175,813 $150,187
2024 $10,385 $1,024,722 $883,256 $141,466
2023 $3,889 $383,088 $250,556 $132,532
2022 $3,815 $375,577 $245,643 $129,934
2021 $3,741 $368,213 $240,826 $127,387
2020 $3,704 $364,438 $238,357 $126,081
2019 $3,632 $357,293 $233,684 $123,609
2018 $3,562 $350,288 $229,102 $121,186
2017 $3,492 $343,420 $224,610 $118,810
2016 $3,426 $336,687 $220,206 $116,481
2015 $3,374 $331,630 $216,898 $114,732
2014 $3,309 $325,134 $212,649 $112,485
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10740217

Midwest Real Estate Data (MRED)
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