NOT LISTED FOR SALE
12 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold June 13, 2023

Last sale price $560,000

Highlights

  • Gated Community
  • Corner Lot
  • Porch
  • Brownstone
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of June 2023

Corner lot Brick 3 unit has had some significant updates. Individual heat & Individual hot water tanks per each unit. Completely rebuilt front porch. Brand new 2 car garage as of 2022. Updated Electrical & plumbing over the last 3 years and now a brand new back porch built with plans and permits. Brand new privacy fence built to give seclusion to your back yard. Completely upgraded owners unit of 4 bedrooms & 1bath with new white shaker cabinets & In unit laundry. The thought of it being an Airbnb is quite possible. The Seller has considered it himself & projects a revenue of estimated $3k per month from that one unit alone. In addition, The Spacious floor plan on each floor with laundry hookups on each unit. Currently 2 tenants in place, both are mtm which gives a new owner flexibility with the entire building. Each floor features hardwood flooring throughout and tons of closet space. The ceiling in the basement is roughly 7.5 feet tall, so a 4th unit could go in the basement. Already has 4 electrical meters and 4 gas meters. Don't miss out on this hot Woodlawn 3 unit!!!!! Listing agent will show 1 unit upon initial request & provide access to additional units once under contract. Interest rates are down some, so let this one slip out of your hands!!!

Last Agent to Sell the Property

David Thomas

Blue Door Dave Inc License #471020400 Listed on: 05/23/2023

Last Buyer's Agent

Marquis Tolbert

Jean Pierre Realty Int'l License #471019667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,815

Year Built

  • Built in 1898 | Remodeled in 2022

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Brownstone
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,815

Year Built

Built in 1898 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Brownstone
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Garage/Space,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Laundry Hook-Up,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2815.28
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,3 Story Unit/s

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2023 06/13/23 Sold $560,000 -0.9% --
05/23/2023 05/23/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $565,000 +54.8% --
02/11/2022 02/11/22 Sold $365,000 0.0% -- View Prior Sale
01/17/2022 01/17/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $365,000 +114.7% --
12/31/2019 12/31/19 Sold $170,000 +3.0% -- View Prior Sale
08/22/2019 08/22/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $165,000 -- --
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
2025 $2,964 $54,000 $3,660 $50,340
2024 $2,964 $54,000 $3,660 $50,340
2023 $2,880 $14,000 $3,660 $10,340
2022 $2,880 $14,000 $3,660 $10,340
2021 $2,815 $14,000 $3,660 $10,340
2020 $4,127 $18,524 $3,660 $14,864
2019 $3,540 $21,050 $3,660 $17,390
2018 $3,479 $21,050 $3,660 $17,390
2017 $4,155 $22,678 $3,220 $19,458
2016 $4,042 $22,678 $3,220 $19,458
2015 $3,675 $22,678 $3,220 $19,458
2014 $3,429 $21,052 $2,635 $18,417
2013 $3,351 $21,052 $2,635 $18,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11789882

Midwest Real Estate Data (MRED)