NOT LISTED FOR SALE
6 Beds
3 Baths
-- Sq Ft
11,326 Sq Ft

Last Sold November 16, 2018

Last sale price $435,000

60 Days on Market

Highlights

  • Tennis Courts
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • Elmer H Franzen Intermediate School Rated A
  • Ceiling Fan
  • Heating Available

About This Home

As of November 2018

GREAT INVESTMENT OPPORTUNITY! Incredible REMODELED and UPGRADED 3 flat investment property in Nordic Park with an oversized 2 car garage. Each unit features 2 bedrooms, huge living room, great size modern kitchen with subway tile, an eating area and a pantry, and a gorgeous bathroom. Freshly painted and new flooring throughout. NEW roof, NEW appliances, NEW fixtures, NEW plumbing, NEW A/C units, NEW water heaters (except for lower level unit - 5 yrs old), NEW concrete driveway was just put in and has plenty of parking. Coin operated Washer/Dryer located in the building. The building is in EXCELLENT condition and has been METICULOUSLY MAINTAINED! Park and tennis courts are within walking distance. Close to major expressways and retail shopping and entertainment. Income is broker projection. Garage provides for additional income. TURN KEY READY! THIS ONE WON'T LAST!

Last Agent to Sell the Property

Nancy Funteas

@properties Christie?s International Real Estate License #475171067 Listed on: 08/13/2018

@properties Christie?s International Real Estate

Last Buyer's Agent

John Wright

Keller Williams Premiere Properties License #475131980

Keller Williams Premiere Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,220

Year Built

  • Built in 1983 | Remodeled in 2017

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 143x81x126x90
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Raymond Benson Primary Elementary School
  • F E Peacock Middle School
  • Lake Park High School

Utilities

  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • 3 Units
  • Nordic Park Subdivision

Recreation

  • Tennis Courts

Building Details

  • Gross Income $46,800
  • Net Operating Income $33,930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,220

Year Built

Built in 1983 | Remodeled in 2017

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: NORDIC PARK
  • Year Built: 1983
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Range Hood

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned
  • ParkingTotal: 8
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Tennis Courts, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 12870

Schools

  • Elementary School: RAYMOND BENSON PRIMARY SCHOOL
  • High School: LAKE PARK HIGH SCHOOL
  • Middle/Junior School: F E PEACOCK MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.26
  • Lot Dimensions: 143X81X126X90
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 33930
  • GrossIncome: 46800
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 8220
  • Tax Year: 2017
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $435,000 -6.5% --
10/12/2018 10/12/18 Pending -- -- --
09/29/2018 09/29/18 Price Changed $465,000 -2.1% --
08/26/2018 08/26/18 Price Changed $475,000 -4.0% --
08/13/2018 08/13/18 For Sale $495,000 -- --
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
2024 $10,144 $179,619 $36,731 $142,888
2023 $9,689 $164,260 $33,590 $130,670
2022 $6,307 $108,270 $30,180 $78,090
2021 $5,996 $102,860 $28,670 $74,190
2020 $5,808 $100,350 $27,970 $72,380
2019 $5,663 $96,440 $26,880 $69,560
2018 $8,791 $145,210 $30,950 $114,260
2017 $8,220 $134,590 $28,690 $105,900
2016 $8,014 $124,560 $26,550 $98,010
2015 $7,883 $116,240 $24,780 $91,460
2014 $8,251 $116,240 $24,780 $91,460
2013 $8,156 $120,220 $25,630 $94,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10050508

Midwest Real Estate Data (MRED)
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