NOT LISTED FOR SALE

Estimated Value: $294,000 - $374,000

6 Beds
2 Baths
2,816 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $250,000 $89 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,255/month

3 Days on Market

Highlights

  • Fenced Yard
  • Enclosed Patio or Porch
  • Laundry Room
  • 2 Car Detached Garage
  • Living Room
  • Dining Room

About This Home

As of September 2022

All Brick, side by side 2 unit, each unit has identical floor plan with 1 bedroom on the main level and 2 bedrooms on the 2nd floor, Each unit has separated unfinished basement, Both units have a wood-burning fireplace, Many recent improvements that include a remodeled kitchen, newer windows and more, One unit is owner occupied. The property has been meticulously cared for and Move in Ready!

Last Agent to Sell the Property

Craig Stein

Baird & Warner License #475109228 Listed on: 07/12/2022

Last Buyer's Agent

Rocio Mena

HomeSmart Connect LLC License #475160353

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,571

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 49x134
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,571

Year Built

Built in 1928

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: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • 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: 6
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Fireplace-Wood,Garage/Space,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Fireplace-Wood,Garage/Space,Laundry Hook-Up,Hardwood Floors,Walk-In Closet

Exterior Features

  • Foundation Details: Brick/Mortar
  • List Price: 250000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 49X134
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5571
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Sep 8, 2022
Sold by
Schumacher Daivd L
Bought by
Gallegos Lisbeth and Vara Francisco Gallegos
Seller's Agent
Craig Stein
Baird & Warner
Buyer's Agent
Rocio Mena
HomeSmart Connect LLC
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$317,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,519
Avg. Annual Appreciation
8.27%
Original Mortgage
$200,000
Outstanding Balance
$192,346
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$125,173

Purchase Details

Closed on
Aug 14, 2006
Sold by
Wayne Hummer Trust Co Na
Bought by
Schumacher David L and Schumacher Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2004
Sold by
Weisman John S and Soto Weisman Minerva
Bought by
State Bank Of The Lakes and Trust #2003-122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2002
Sold by
Brahin Sydelle
Bought by
Weisman John S and Soto Weisman Minerva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Gallegos Lisbeth $250,000 Attorneys Title Guaranty Fund
Schumacher David L $255,000 None Available
State Bank Of The Lakes $215,000 Multiple
Weisman John S $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos Lisbeth $200,000
Previous Owner Schumacher David L $204,000
Previous Owner State Bank Of The Lakes $172,000
Previous Owner Weisman John S $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $250,000 0.0% $89 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $250,000 -- $89 / Sq Ft
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 $6,868 $89,629 $9,771 $79,858
2023 $5,419 $80,833 $8,812 $72,021
2022 $5,419 $74,355 $7,334 $67,021
2021 $5,779 $66,428 $6,542 $59,886
2020 $5,542 $61,886 $6,095 $55,791
2019 $5,463 $56,708 $5,585 $51,123
2018 $4,487 $48,532 $7,904 $40,628
2017 $4,258 $42,937 $6,993 $35,944
2016 $3,757 $37,311 $6,077 $31,234
2015 $3,445 $33,394 $5,439 $27,955
2014 $3,022 $29,862 $6,069 $23,793
2012 $4,379 $32,354 $6,576 $25,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11462025

Midwest Real Estate Data (MRED)

APN: 08-16-110-014