NOT LISTED FOR SALE
6 Beds
4 Baths
2,894 Sq Ft
1925 Built

Sale Details

Date Sold: February 4, 2021

Last sale price $465,000 $161 Per Sq Ft

9 Days on Market

Highlights

  • Detached Garage
  • Property is near bus stop
  • Senior Tax Exemptions
  • Patio

About This Home

As of February 2021

WITH BELOW MARKET RENTS THERE IS GREAT POTENTIAL IN THIS WELL MAINTAINED LEGAL 3 UNIT APARTMENT BUILDING. SITTING ON A CORNER (50 FEET WIDE) LOT AND (2) 2-CAR GARAGES! THE FIRST FLOOR APARTMENT HAS A LARGE LIVING ROOM AND DINING ROOM, 3 BRDROOMS, A NICE SIZE KITCHEN WITH A ADJACENT EATING AREA AND A ENCLOSED PORCH. THE SECOND FLOOR IS SPLIT FRONT TO REAR....THE FRONT APARTMENT IS A 2 BEDROOM AND THE REAR APARTMENT IS A 1 BEDROOM. THERE IS A FULL FINISHED BASEMENT. FYI; THE ROOF WAS REPLACED IN 2010, THE VINYL REPLACEMENT WINDOWS WERE INSTALLED IN 2011, THE HOT WATER TANK WAS REPLACED IN 2004 AND THERE WAS A FLOOD CONTROL SYSTEM INSTALLED IN 1993 AND A NEW PUMP WAS INSTALLED IN 2013. THE FIRST FLOOR IS VACANT, THE SECOND FLOOR FRONT TENANT IS PAYING $760.00 PER MONTH PLUS $200.00 PER MONTH FOR THE 2-CAR (WEST) GARAGE AND THE SECOND FLOOR REAR TENENT IS PAYING $660.00 PER MONTH. THE EAST 2-CAR GARAGE IS VACANT. TENANTS PAY COOKING GAS AND ELECTRIC...HEAT IS INCLUDED IN THEIR RENT. THIS IS A GREAT BUILDING IN A GREAT LOCATION....CLOSE PROXIMITY TO EVERYTHING!

Last Agent to Sell the Property

Christopher Demos

@properties Christie's International Real Estate License #475135317 Listed on: 10/28/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Teresa Spyrka

Coldwell Banker Realty License #475104283

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio
  • Property is near bus stop

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

1925

Parking

4

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Age: 91-100 Years
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4
  • Zoning Type: MULTI
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Type Multi: 3 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Number Of Rooms: 14
  • Equipment: Ceiling Fan
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 6
  • Above Grade Bedrooms: 6

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas
  • Water Expense: 569

Fee Information

  • Insurance Expense: 1461
  • Scavenger Fee: 171

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 50 X 125
  • Parcel Identification Number: 13084260220000

Rental Info

  • Total Rental Income: 19440

Multi Family

  • Total Number Unitsin Building: 3
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 4

Tax Info

  • Taxes: 4367.28

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

Closed on
May 26, 2022
Sold by
Bought by

Purchase Details

Listed on
Oct 28, 2020
Closed on
Feb 4, 2021
Sold by
Bought by
Seller's Agent
Christopher Demos
@properties Christie's International Real Estate
Buyer's Agent
Teresa Spyrka
Coldwell Banker Realty
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 1998
Sold by
Bought by
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
-- None Listed On Document
$465,000 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
Previous Owner $325,500
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
02/04/2021 02/04/21 Sold $465,000 -7.0% $161 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $499,900 -- $173 / Sq Ft
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 $9,289 $55,000 $19,375 $35,625
2024 $9,289 $55,000 $19,375 $35,625
2023 $9,055 $44,000 $15,625 $28,375
2022 $9,055 $44,000 $15,625 $28,375
2021 $8,853 $44,000 $15,625 $28,375
2020 $8,559 $38,398 $9,062 $29,336
2019 $4,367 $43,635 $9,062 $34,573
2018 $4,301 $43,635 $9,062 $34,573
2017 $4,605 $39,077 $8,125 $30,952
2016 $4,958 $39,077 $8,125 $30,952
2015 $4,765 $39,077 $8,125 $30,952
2014 $4,725 $36,683 $7,500 $29,183
2013 $4,741 $36,683 $7,500 $29,183
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10911916

Midwest Real Estate Data (MRED)

APN: 13084260220000

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