NOT LISTED FOR SALE

Estimated Value: $465,412 - $490,000

8 Beds
3 Baths
-- Sq Ft
3,746 Sq Ft Lot

Sale Details

Date Sold: August 31, 2016

Last sale price $290,000

Est. 65% increase in value since last sale

Current estimated payment $3,132 / mo

19 Days on Market

Highlights

  • Waterfront
  • 2 Car Detached Garage
  • Ceiling Fan
  • Contemporary Architecture
  • Forced Air Heating System
  • Paved or Partially Paved Lot

About This Home

As of August 2016

Great Investment and Cash Flow property!!! 2 flat with 3 bedrooms and 1 bath each apartment plus finished basement with 2 bedrooms and full bath for related living in the Clearing area. Hardwood floors most of the building and ceramic tile. 2 car garage. A/C in both units. Minutes away from Midway airport, public transit and I55. Hurry and make your appointment.

Last Agent to Sell the Property

Gerardo Gonzalez

Prospect Equities Real Estate License #475123235 Listed on: 06/11/2016

Last Buyer's Agent

Martin Taradenja

Compass License #475150757

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,199

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 30 x 126
  • Waterfront
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Story

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,199

Year Built

Built in 1965

Lot Details

3,746 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 30 X 126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4199
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

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 11, 2016
Closed on
Aug 31, 2016
Sold by
Bought by
Seller's Agent
Gerardo Gonzalez
Prospect Equities Real Estate
Buyer's Agent
Martin Taradenja
Compass
List Price
$298,000
Sold Price
$290,000
Premium/Discount to List
-$8,000
-2.68%
Current Estimated Value
$478,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,471
Avg. Annual Appreciation
5.24%
Original Mortgage
$174,000
Outstanding Balance
$143,221
Interest Rate
4.75%
Mortgage Type
Commercial
Estimated Equity
$335,250

Purchase Details

Closed on
Jun 14, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,600
Interest Rate
8.09%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
$290,000 None Available
$235,000 --
$160,000 --
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 $174,000
Previous Owner $204,000
Previous Owner $128,600
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
08/31/2016 08/31/16 Sold $290,000 -2.7% --
06/30/2016 06/30/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $298,000 0.0% --
06/22/2016 06/22/16 Pending -- -- --
06/11/2016 06/11/16 For Sale $298,000 -- --
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 $6,576 $34,000 $5,250 $28,750
2024 $6,576 $34,000 $5,250 $28,750
2023 $6,412 $31,001 $4,688 $26,313
2022 $6,412 $31,001 $4,688 $26,313
2021 $6,234 $30,999 $4,687 $26,312
2020 $4,556 $20,318 $3,750 $16,568
2019 $4,669 $23,089 $3,750 $19,339
2018 $5,087 $25,587 $3,750 $21,837
2017 $5,407 $24,953 $3,375 $21,578
2016 $4,527 $24,953 $3,375 $21,578
2015 $4,122 $24,953 $3,375 $21,578
2014 $4,199 $25,026 $3,187 $21,839
2013 $4,106 $25,026 $3,187 $21,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09255052

Midwest Real Estate Data (MRED)

APN: 19-21-100-026-0000

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