NOT LISTED FOR SALE
11 Beds
5 Baths
-- Sq Ft
1925 Built

Last Sold August 27, 2020

Last sale price $690,000

12 Days on Market

Highlights

  • Workshop
  • 3 Car Detached Garage
  • Two Heating Systems

About This Home

As of August 2020

Beautiful vintage legal 4 flat in hot West Ridge. Building features three spacious 3BR apartments with formal dining rooms and large bedrooms, hardwood floors through-out (except 2nd floor and garden) plus legal garden apartment, laundry room and owner's work studio with 1/2 bath. Many recent updates include all new windows (2009) new building and garage roof (2011) new HV/AC in all 4 apartments (2011), recent tuck-pointing, new sidewalk, enclosed porch (within last 10 years). Three car garage. Current gross annual income $69,000 projected $70,800. Great location just south of Devon, with plenty of stores, shops, and restaurants in the area. High rental demand area.

Last Agent to Sell the Property

Dee Savic

Baird & Warner License #471015044 Listed on: 06/25/2020

Baird & Warner

Last Buyer's Agent

Arthuro Miranda

HomeSmart Connect License #475181098

HomeSmart Connect

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,170

Year Built

  • Built in 1925 | Remodeled in 2010

Lot Details

  • Lot Dimensions are 33x125

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Workshop
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $360
  • Fuel Expense $1,440
  • Insurance Expense $2,500
  • Water Sewer Expense $2,400
  • Gross Income $70,800
  • Net Operating Income $55,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,170

Year Built

Built in 1925 | Remodeled in 2010

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 11
  • Room Type: Workshop
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • List Price: 690000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan, Public

Fee Information

  • Water Sewer Expenses: 2400

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 33X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 55630
  • Fuel Expense: 1440
  • Insurance Expense: 2500
  • ElectricExpense: 360
  • GrossIncome: 70800
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9170
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $690,000 0.0% --
07/07/2020 07/07/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $690,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10759459

Midwest Real Estate Data (MRED)