NOT LISTED FOR SALE

Estimated Value: $378,897 - $439,000

4 Beds
2 Baths
1,740 Sq Ft
$241/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $315,000 $181 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,661/month

29 Days on Market

About This Home

As of November 2022

Beautiful Brick Bungalow 2-Flat in the heart of Garfield Ridge. This is an investment you've been waiting for! Both units have a nice front room, 2 generous bedrooms w/good size closets, eat in kitchen, and 1 bathroom. The main/1st floor unit is the owner's suite and the 2nd floor unit brings in $1,000 per month for rent. Full basement that is partially finished with washer and dryer. The property has been beautifully maintained. A lot of updates! The boiler is about 1 year old, both hot water tanks are less than 5 years old, roof under 10 years, tuck pointing was recently done. Great for an investment property, live in one unit and rent the other, or turn the property into a single family home. Endless possibilities.

Last Agent to Sell the Property

Mike Padua

Lofty LLC License #475180180 Listed on: 09/01/2022

Last Buyer's Agent

Horacio Tristan

Kale Realty License #475158934

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1943

Lot Details

  • 3,790

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Kennedy High School

Utilities

  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,950

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1943
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant
  • Water Source: Lake Michigan, Public

Schools

  • High School: Kennedy High School

Lot Info

  • Lot Dimensions: 3780 SF
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1949.91
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2014
Sold by
Jimenez Dolores
Bought by
Jimenez Dolores and Dolores Jimenez Trust
Current Estimated Value
$418,724

Purchase Details

Closed on
Mar 29, 1999
Sold by
Liceaga Edward and Liceaga Nadine M
Bought by
Jimenez Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,321
Interest Rate
7.9%

Purchase Details

Closed on
Sep 21, 1998
Sold by
Chicago Title Land Trust Company
Bought by
Liceaga Edward and Liceaga Nadine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.9%
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Jimenez Dolores -- None Available
Jimenez Dolores -- --
Liceaga Edward $164,500 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jimenez Dolores $27,321
Previous Owner Liceaga Edward $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $315,000 -10.0% $181 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $350,000 -- $201 / 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
2024 $5,493 $32,645 $5,292 $27,353
2023 $4,768 $29,207 $4,725 $24,482
2022 $4,768 $29,207 $4,725 $24,482
2021 $1,877 $32,000 $4,725 $27,275
2020 $1,950 $25,074 $3,780 $21,294
2019 $1,944 $27,861 $3,780 $24,081
2018 $1,915 $27,861 $3,780 $24,081
2017 $2,050 $24,572 $3,402 $21,170
2016 $2,448 $24,572 $3,402 $21,170
2015 $2,354 $24,572 $3,402 $21,170
2014 $2,335 $20,777 $3,213 $17,564
2013 $2,344 $20,777 $3,213 $17,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11619107

Midwest Real Estate Data (MRED)

APN: 19-18-105-029-0000