NOT LISTED FOR SALE

Estimated Value: $219,000 - $250,000

4 Beds
2 Baths
-- Sq Ft
7,362 Sq Ft Lot

Last Sold February 06, 2023

Last sale price $185,000

Est. 26% increase in value since last sale

Current estimated payment $1,530/month

19 Days on Market

About This Home

As of February 2023

LARGE 2-UNIT PROPERTY WITH FINISHED BASEMENT AND ADDITIONAL BATHROOM IN THE BASEMENT. FULLY OCCUPIED WITH GOOD RENTS, RENTS COULD BE RAISED. TENANTS PAY ALL UTILITIES INCLUDING WATER. THE OWNER HAS NO EXPENSES OTHER THAN TAXES, INSURANCE, AND MAINTENANCE. GREAT LOCATION, A SHORT DISTANCE TO SHOPPING, PUBLIC TRANSPORTATION, ETC. LAUNDRY HOOK-UP IN FIRST-FLOOR UNIT. 2 CAR DETACHED GARAGE. NEWER SIDING.

Last Agent to Sell the Property

Steve Merritt

eXp Realty, LLC License #475148272 Listed on: 12/01/2022

eXp Realty, LLC

Last Buyer's Agent

Steven Taromina

HomeSmart Connect LLC License #475196639

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1900

Lot Details

  • 7,362

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 60 x 120

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,964

Year Built

Built in 1900

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: 1900
  • Age: 100+ 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: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 200000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 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

Schools

  • Middle/Junior School District: 131

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2964.32
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 26, 2023
Sold by
Chen Zheng and Chen Jing
Bought by
Villalobos-Quiroz Janeth
Seller's Agent
Steve Merritt
eXp Realty, LLC
Buyer's Agent
Steven Taromina
HomeSmart Connect LLC
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Total Days on Market
19
Views
73
Current Estimated Value
$234,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,018
Avg. Annual Appreciation
10.66%
Original Mortgage
$134,250
Outstanding Balance
$131,164
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$102,854

Purchase Details

Listed on
Jul 13, 2012
Closed on
Sep 6, 2013
Sold by
Maldonado Vicente and Tellez Maria A
Bought by
Chen Zheng and Jin Jing
Seller's Agent
Maria Huerta
Triple A Real Estate, LLC.
Buyer's Agent
Maria Huerta
Triple A Real Estate, LLC.
List Price
$139,900
Sold Price
$44,800
Premium/Discount to List
-$95,100
-67.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%

Purchase Details

Closed on
Mar 21, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Maldonado Vincente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2005
Sold by
Gomez Juan
Bought by
Romero Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 31, 2000
Sold by
Gomez Nicolas and Gomez Guadalupe
Bought by
Gomez Juan
Source: Public Records

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Range of Values:

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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
Villalobos-Quiroz Janeth $179,000 --
Chen Zheng $45,000 Chicago Title Insurance Comp
Maldonado Vincente $160,000 First American Title
Romero Oscar $217,000 First American Title
Gomez Juan -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalobos-Quiroz Janeth $134,250
Previous Owner Maldonado Vincente $136,000
Previous Owner Romero Oscar $173,600
Previous Owner Romero Oscar $43,400
Previous Owner Gomez Juan $127,500
Previous Owner Gomez Juan A $77,301
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $185,000 -7.5% --
12/21/2022 12/21/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $200,000 +346.4% --
09/18/2013 09/18/13 Sold $44,800 0.0% --
07/13/2013 07/13/13 Off Market $44,800 -- --
04/17/2013 04/17/13 Pending -- -- --
04/10/2013 04/10/13 Pending -- -- --
04/03/2013 04/03/13 Price Changed $49,900 -64.3% --
07/13/2012 07/13/12 For Sale $139,900 -- --
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
2023 $3,453 $46,202 $5,368 $40,834
2022 $2,997 $39,440 $4,898 $34,542
2021 $2,964 $36,719 $4,560 $32,159
2020 $2,836 $34,107 $4,236 $29,871
2019 $2,881 $32,695 $3,925 $28,770
2018 $2,750 $30,202 $3,631 $26,571
2017 $2,642 $26,940 $3,346 $23,594
2016 $2,647 $25,150 $2,868 $22,282
2015 $3,185 $24,473 $2,466 $22,007
2014 $3,185 $16,665 $2,266 $14,399
2013 $3,185 $24,362 $2,279 $22,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11681255

Midwest Real Estate Data (MRED)

APN: 15-27-232-003