NOT LISTED FOR SALE

Estimated Value: $186,000 - $233,000

4 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold April 13, 2023

Last sale price $158,000

Est. 30% increase in value since last sale

Current estimated payment $1,379/month

143 Days on Market

About This Home

As of April 2023

Two flat building with a partially finished basement that sits on a 42' by 130' lot. Each unit comes with two bedrooms and one bath. Exterior features include a cemented patio and a new roof that has been recently installed. The property sits quietly at the end of the block enhanced by an adjoining cul de-sac. Both units are occupied with month-to-month tenants. This is a good investment opportunity that you don't want to miss. It's also an ideal property for those that could benefit from a multi-family situation. Make your appointment today.

Last Agent to Sell the Property

Raul Garcia

Vista Realty Group LLC License #475169476 Listed on: 09/22/2022

Last Buyer's Agent

Jose Rivas

Real Broker, LLC License #475198800

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1923

Lot Details

  • 5,663

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • Lot Dimensions are 42 x 130

Community Details

  • 2 Units
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,528

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 42 X 130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 18000
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3528.3
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Apr 13, 2023
Sold by
Martinez Rutilio
Bought by
Mendes Ricardo Angel
Seller's Agent
Raul Garcia
Vista Realty Group LLC
Buyer's Agent
Jose Rivas
Real Broker, LLC
List Price
$169,900
Sold Price
$158,000
Premium/Discount to List
-$11,900
-7%
Views
144
Current Estimated Value
$206,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,033
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Aug 8, 2022
Sold by
Esmeralda Martinez
Bought by
Martinez Rutilio

Purchase Details

Closed on
Dec 6, 1996
Sold by
Saenz Jose Luis and Saenz Joe Luis
Bought by
Martinez Rutilio and Martinez Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
8.25%

Purchase Details

Closed on
Sep 26, 1996
Sold by
Hubbell Christopher
Bought by
Saenz Joe Luis and Saenz Irma

Purchase Details

Closed on
Apr 20, 1995
Sold by
Nbd Bank
Bought by
Hubbell Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Interest Rate
8.42%

Purchase Details

Closed on
May 23, 1994
Sold by
Vincent Lloyd E
Bought by
Amerifed Fsb
Source: Public Records
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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
Mendes Ricardo Angel $158,000 Old Republic Title
Martinez Rutilio -- None Listed On Document
Martinez Rutilio $65,000 Chicago Title Insurance Co
Saenz Joe Luis $40,000 --
Hubbell Christopher $44,000 --
Amerifed Fsb -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Rutilio $61,750
Previous Owner Hubbell Christopher $39,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Sold $158,000 0.0% --
03/20/2023 03/20/23 Off Market $158,000 -- --
02/13/2023 02/13/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $169,900 0.0% --
01/18/2023 01/18/23 For Sale $169,900 -2.9% --
12/23/2022 12/23/22 Pending -- -- --
12/14/2022 12/14/22 Price Changed $174,900 -1.1% --
11/16/2022 11/16/22 Price Changed $176,900 -1.2% --
10/18/2022 10/18/22 Price Changed $179,000 0.0% --
10/18/2022 10/18/22 For Sale $179,000 +13.3% --
10/12/2022 10/12/22 Off Market $158,000 -- --
10/10/2022 10/10/22 Price Changed $184,900 -2.2% --
09/22/2022 09/22/22 For Sale $189,000 -- --
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 $3,745 $52,717 $10,798 $41,919
2023 $3,745 $46,839 $9,594 $37,245
2022 $3,913 $42,369 $8,678 $33,691
2021 $3,719 $39,571 $8,105 $31,466
2020 $3,528 $37,579 $7,697 $29,882
2019 $3,356 $34,924 $7,153 $27,771
2018 $2,618 $32,272 $6,610 $25,662
2017 $2,411 $29,341 $6,010 $23,331
2016 $2,221 $26,662 $5,492 $21,170
2015 $2,154 $25,000 $5,150 $19,850
2014 $2,154 $24,850 $5,100 $19,750
2013 $2,154 $26,675 $5,649 $21,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11635368

Midwest Real Estate Data (MRED)

APN: 30-07-10-406-014