NOT LISTED FOR SALE

Estimated Value: $230,000 - $320,000

5 Beds
2 Baths
-- Sq Ft
6,186 Sq Ft Lot

Last Sold November 16, 2015

Last sale price $80,000

Est. 259% increase in value since last sale

Current estimated payment $1,963/month

19 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 3-minute walk to Bluff Street Park

About This Home

As of November 2015

2 UNIT PROPERTY IN GOOD CONDITION. WITH A LITTLE ELBOW GREASE THIS CAN BE AN AMAZING INVESTMENT. THE BANK HAS APPROVED THE PRICE AND THE SHORT SALE. NOW ALL WE NEED IS A FRESH NEW BUYER. APPROVAL LETTER IS DOWNLOADED UNDER DOCUMENTS. SOLD AS IS.... 100% TAX PRORATION.. NO SURVEY.SUBJECT TO LENDER FINAL APPROVAL. 2 CAR GARAGE ..FULL UNFINISHED BASEMENT. NEWER WINDOWS, NEWER ROOF AND SIDING..WILL SELL QUICK.

Last Agent to Sell the Property

santiago garcia

Charles Rutenberg Realty License #475154789 Listed on: 07/11/2015

Charles Rutenberg Realty

Last Buyer's Agent

Jorge Roman

Net Realty Corp License #475151662

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1915

Lot Details

  • 6,186

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 44x135

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 1915

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: 1915
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 80000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 131

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 44X135
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3700
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2015
Closed on
Nov 16, 2015
Sold by
Monarrez Alma R
Bought by
Rodriguez Alonzo and Rodriguez Eulalia
Seller's Agent
santiago garcia
Charles Rutenberg Realty
Buyer's Agent
Jorge Roman
Net Realty Corp
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$287,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,206
Avg. Annual Appreciation
13.79%
Original Mortgage
$60,000
Outstanding Balance
$49,275
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$234,016

Purchase Details

Closed on
Sep 29, 2000
Sold by
Romero Alma A and Fletes Alma A
Bought by
Monarrez Adelaido and Monarrez Alma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,067
Interest Rate
8.03%

Purchase Details

Closed on
Apr 29, 1996
Sold by
Sanchez Aida
Bought by
Monarrez Adelaido and Monarrez Alma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,869
Interest Rate
7.86%
Mortgage Type
FHA
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
Rodriguez Alonzo $80,000 First American Title
Monarrez Adelaido -- Lakeshore Title Agency
Monarrez Adelaido $101,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Alonzo $60,000
Previous Owner Monarrez Adelaido $10,000
Previous Owner Monarrez Adelaido $126,012
Previous Owner Monarrez Alma R $121,327
Previous Owner Monarrez Adelaido $116,067
Previous Owner Monarrez Adelaido $100,869
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2015 11/16/15 Sold $80,000 0.0% --
07/30/2015 07/30/15 Pending -- -- --
07/11/2015 07/11/15 For Sale $80,000 -- --
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 $4,816 $70,250 $5,293 $64,957
2023 $4,691 $62,768 $4,729 $58,039
2022 $4,351 $57,270 $4,315 $52,955
2021 $4,304 $53,319 $4,017 $49,302
2020 $4,119 $49,525 $3,731 $45,794
2019 $4,043 $45,886 $3,457 $42,429
2018 $4,391 $48,225 $3,198 $45,027
2017 $4,394 $44,807 $2,947 $41,860
2016 $4,382 $41,645 $2,526 $39,119
2015 -- $38,775 $2,172 $36,603
2014 -- $34,853 $1,996 $32,857
2013 -- $36,709 $2,007 $34,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08979652

Midwest Real Estate Data (MRED)

APN: 15-28-427-011