NOT LISTED FOR SALE

Estimated Value: $432,000 - $631,628

8 Beds
4 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold May 18, 2021

Last sale price $530,000

Current estimated payment $3,116/month

159 Days on Market

Highlights

  • Multiple Garages
  • Separate Outdoor Workshop
  • Porch
  • Landscaped Professionally
  • Detached Garage
  • Entrance Foyer

About This Home

As of May 2021

A rarely available 4 unit rental apartment building on a double city lot with a nice yard and a 6 car garage. 2-2 flats with basements connected together. All the tenants are month to month. This building comes with 6 refrigerators and 6 stoves. It has a central gas hot water boiler system with radiators throughout. It is currently fully rented.The grounds are well manicured with newer sidewalks.

Last Agent to Sell the Property

Stan Latek

Prospect Equities Real Estate License #475154432 Listed on: 10/11/2020

Last Buyer's Agent

Sonia Anaya

America Real Estate License #471003658

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,894

Year Built

  • 1916

Lot Details

  • Landscaped Professionally
  • Level Lot

Parking

  • Detached Garage
  • Multiple Garages
  • Garage Transmitter
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Garden Bath
  • Entrance Foyer
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Lake Michigan Water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,894

Year Built

1916

Lot Details

0

Parking

6

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4
  • Style Of House: Bungalow
  • Zoning Type: MULTI
  • Estimated Year Built: 1916
  • Type Multi: C,J
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Number Of Rooms: 12
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 8
  • Bathroom Amenities: Garden Tub
  • Above Grade Bedrooms: 8
  • Additional Rooms: Foyer

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Flat Roof
  • Exterior Property Features: Porch, Storms/Screens, Workshop
  • Acreage: 0.17

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Transmitter(s), Multiple Garages
  • Garage On Site: Yes
  • Number Garage Spaces: 6
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Description: Landscaped Professionally, Level, Outdoor Lighting, Sidewalks, Streetlights
  • Parcel Identification Number: 19174220360000

Multi Family

  • Total Number Unitsin Building: 4
  • Full Baths In Building: 4

Tax Info

  • Taxes: 2383.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2020
Closed on
May 9, 2021
Sold by
Villies Zaharo and Zaharo Villes Trust
Bought by
Carabez Jurgen
Seller's Agent
Stan Latek
Prospect Equities Real Estate
Buyer's Agent
Sonia Anaya
America Real Estate
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%
Current Estimated Value
$531,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,814
Avg. Annual Appreciation
-0.09%
Original Mortgage
$520,400
Outstanding Balance
$475,037
Interest Rate
2.87%
Mortgage Type
FHA
Estimated Equity
$53,011

Purchase Details

Closed on
May 8, 2017
Sold by
Chicago Title Land Trust Co
Bought by
Villies Zaharo and Zaharo Villies Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Carabez Jurgen $530,000 Fidelity National Title
Villies Zaharo -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carabez Jurgen $520,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $530,000 -10.9% --
03/19/2021 03/19/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $595,000 0.0% --
02/04/2021 02/04/21 Pending -- -- --
10/11/2020 10/11/20 For Sale $595,000 -- --
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 $2,894 $15,910 $10,584 $5,326
2023 $2,822 $13,719 $9,450 $4,269
2022 $2,822 $13,719 $9,450 $4,269
2021 $2,759 $13,718 $9,450 $4,268
2020 $2,635 $11,828 $7,560 $4,268
2019 $2,376 $11,828 $7,560 $4,268
2018 $2,336 $11,828 $7,560 $4,268
2017 $2,383 $11,072 $6,804 $4,268
2016 $2,218 $11,072 $6,804 $4,268
2015 $2,029 $11,072 $6,804 $4,268
2014 $1,984 $10,694 $6,426 $4,268
2013 $1,945 $10,694 $6,426 $4,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10902365

Midwest Real Estate Data (MRED)

APN: 19-17-422-036-0000