NOT LISTED FOR SALE

Estimated Value: $389,000 - $429,000

5 Beds
2 Baths
1,490 Sq Ft
$271/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $396,000 $266 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,611/month

About This Home

As of February 2024

Great opportunity! Perfect investment property or, live on one floor and rent the other one out for extra income! The first floor features hardwood floors throughout, 3 bedrooms (2 smaller ones, 1 large one), living room with sun room and eat-in kitchen with pantry. The unit needs some updating, but nothing a little elbow grease can't fix! The upstairs unit is move-in ready with 2 bedrooms, separate living and dining room and a spacious eat-in-kitchen! Spacious back yard and full, unfinished basement. Estate Sale. As-Is.

Last Agent to Sell the Property

Sabine Morrow

@properties Christie's International Real Estate License #475138936 Listed on: 01/06/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Jolanta Kazimierski

Hometown Real Estate

Hometown Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 1921

Lot Details

  • 3,703

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Farnsworth Elementary School
  • Taft High School

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 30x123

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,676

Year Built

Built in 1921

Lot Details

3,703 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Elementary School: Farnsworth Elementary School
  • High School: Taft High School
  • Middle/Junior School: Farnsworth Elementary School

Lot Info

  • Lot Dimensions: 30X123
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 5676.46
  • Tax Year: 2022

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
Jan 6, 2024
Closed on
Feb 13, 2024
Sold by
Niimi Chistopher
Bought by
Gomez Daniel
Seller's Agent
Sabine Morrow
@properties Christie's International Real Estate
Buyer's Agent
Jolanta Kazimierski
Hometown Real Estate
List Price
$370,000
Sold Price
$396,000
Premium/Discount to List
$26,000
7.03%
Views
134
Current Estimated Value
$403,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,822
Avg. Annual Appreciation
0.95%
Original Mortgage
$297,000
Outstanding Balance
$291,819
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$112,003

Purchase Details

Closed on
Apr 29, 2010
Sold by
Downes Illinois Properties Llc
Bought by
Niimi Christopher M and Niimi Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2006
Sold by
Downes John B
Bought by
Downes Illinois Properties Llc

Purchase Details

Closed on
Jun 20, 2005
Sold by
Downes Mary J
Bought by
Downes Illinois Properties Llc

Purchase Details

Closed on
May 21, 2003
Sold by
Downes Mary J
Bought by
Downes John B and Downes Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 2001
Sold by
Pedzisz Antoni and Pedzisz Halina
Bought by
Downes Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
8.62%
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

Date Buyer Sale Price Title Company
Gomez Daniel $396,000 Proper Title
Niimi Christopher -- Proper Title
Niimi Christopher M $220,000 Multiple
Downes Illinois Properties Llc -- None Available
Downes Illinois Properties Llc -- --
Downes John B -- Chicago Title Insurance Comp
Downes Mary J $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Daniel $297,000
Previous Owner Niimi Christopher M $176,000
Previous Owner Downes John B $245,000
Previous Owner Downes Mary J $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $396,000 +7.0% $266 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $370,000 -- $248 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $5,845 $38,000 $9,300 $28,700
2024 $5,845 $38,000 $9,300 $28,700
2023 $5,676 $31,000 $7,440 $23,560
2022 $5,676 $31,000 $7,440 $23,560
2021 $5,568 $31,003 $7,443 $23,560
2020 $6,233 $31,067 $5,022 $26,045
2019 $6,250 $34,519 $5,022 $29,497
2018 $6,144 $34,519 $5,022 $29,497
2017 $5,288 $27,928 $4,464 $23,464
2016 $5,096 $27,928 $4,464 $23,464
2015 $4,640 $27,928 $4,464 $23,464
2014 $4,208 $25,231 $4,092 $21,139
2013 $4,114 $25,231 $4,092 $21,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11949904

Midwest Real Estate Data (MRED)

APN: 13-05-432-032-0000

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