NOT LISTED FOR SALE
5 Beds
2 Baths
-- Sq Ft
1921 Built

Sale Details

Date Sold: June 6, 2024

Last sale price $326,000

6 Days on Market

Highlights

  • Property is near park
  • Tennis Courts
  • 2 Car Detached Garage
  • Traditional Architecture
  • Balcony
  • Soaking Tub

About This Home

As of June 2024

Well maintained brick 2-unit in Chatham with amazing curb appeal! Turn-key opportunity for landlord, or option to occupy. Both units currently rented month to month. Top unit was updated in 2020 featuring newer HVAC, electric, plumbing, windows, and painting. Lower unit is in good condition with some updates in 2017 and all systems in working order. Updates to both kitchens approx. 2017. Unit 1 has 2 bedrooms and 1 full bath. Unit 2 which is approved for Housing Voucher Program has 3 bedrooms, 1 full bath, and balcony. Both units have mudrooms and there is shared patio space in the rear, along with a 2 car detached garage. Book your showing today!

Last Agent to Sell the Property

Spiro Georgelos

Standard Properties Group LLC License #471018304 Listed on: 04/10/2024

Last Buyer's Agent

Kenya Hunter

KBM Realty License #475200793

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,587

Year Built

  • Built in 1921

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Paved or Partially Paved Lot
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units
  • Classic Brick 2 Unit

Recreation

  • Tennis Courts

Building Details

  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,587

Year Built

Built in 1921

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • Foundation Details: Concrete Perimeter
  • OtherStructures: None
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Lot Info

  • Lot Dimensions: 4575
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 30000
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2587.19
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 17, 2024
Sold by
Bought by
Seller's Agent
Spiro Georgelos
Standard Properties Group LLC
Buyer's Agent
Kenya Hunter
KBM Realty
List Price
$326,900
Sold Price
$326,000
Premium/Discount to List
-$900
-0.28%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,095
Outstanding Balance
$313,042
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2015
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$326,000 None Listed On Document
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $320,095
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $326,000 -0.3% --
04/17/2024 04/17/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $326,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,376 $18,300 $3,431 $14,869
2024 $3,376 $18,300 $3,431 $14,869
2023 $2,587 $16,000 $5,719 $10,281
2022 $2,587 $16,000 $5,719 $10,281
2021 $2,548 $15,999 $5,718 $10,281
2020 $2,197 $12,965 $4,117 $8,848
2019 $2,271 $14,734 $4,117 $10,617
2018 $2,232 $14,734 $4,117 $10,617
2017 $3,093 $17,745 $3,660 $14,085
2016 $3,054 $17,745 $3,660 $14,085
2015 $2,771 $17,745 $3,660 $14,085
2014 $2,450 $15,774 $3,202 $12,572
2013 $2,391 $15,774 $3,202 $12,572
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12024678

Midwest Real Estate Data (MRED)
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