NOT LISTED FOR SALE

Estimated Value: $368,614 - $538,000

4 Beds
4 Baths
-- Sq Ft
6,316 Sq Ft Lot

Last Sold July 06, 2022

Last sale price $300,000

Est. 47% increase in value since last sale

Current estimated payment $3,099/month

287 Days on Market

About This Home

As of July 2022

EXCELLENT OWNER OCCUPIED OR AS INVESTMENT PROPERTY!! MOST UNITS HAVE BEEN REMODELED AND OR UPDATED. MANY IMPROVEMENTS TO THE BUILDING AS WELL!! EXCELLENT LOCATION CLOSE TO MANY VINTAGE STYLE HOMES, MANY OPTIONS FOR THE AREA. A GREAT VALUE NOT TO MISS!!

Last Agent to Sell the Property

Michael Ibarra

RE/MAX Enterprises License #475136338 Listed on: 07/30/2021

RE/MAX Enterprises

Last Buyer's Agent

Christopher Goff

Access Real Estate Inc License #471019128

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,211

Year Built

  • Built in 1912

Lot Details

  • 6,316

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,211

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • List Price: 299900
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • ParkingTotal: 6
  • Number of Cars: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 129

Lot Info

  • Lot Dimensions: 6300
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 8211
  • Tax Year: 2020

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Jun 3, 2022
Sold by
Elmwood Hinsdell Properties Inc
Bought by
Tynan Dennis R
Seller's Agent
Michael Ibarra
RE/MAX Enterprises
Buyer's Agent
Christopher Goff
Access Real Estate Inc
List Price
$329,900
Sold Price
$300,000
Premium/Discount to List
-$29,900
-9.06%
Total Days on Market
287
Current Estimated Value
$440,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,154
Avg. Annual Appreciation
14.13%
Original Mortgage
$294,566
Outstanding Balance
$283,239
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$156,915

Purchase Details

Closed on
Apr 14, 2021
Sold by
Bolger Shawn M
Bought by
Elmwood Hinsdell Properties Inc

Purchase Details

Closed on
May 13, 2009
Sold by
Stangebye Hans Christian
Bought by
Bolger Shawn M

Purchase Details

Closed on
Dec 19, 1997
Sold by
Plevak Joseph F and Wells Herman A
Bought by
Bolger Shawn and Stangebye Hans Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.35%
Source: Public Records

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Range of Values:

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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
Tynan Dennis R $300,000 Premier Title
Elmwood Hinsdell Properties Inc -- Attorney
Bolger Shawn M -- Chicago Title Insurance Co
Bolger Shawn $130,000 Premier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tynan Dennis R $294,566
Previous Owner Bolger Shawn $161,000
Previous Owner Stangebye Hans Christian $117,000
Previous Owner Bolger Shawn $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $300,000 0.0% --
05/14/2022 05/14/22 Pending -- -- --
05/04/2022 05/04/22 Price Changed $299,900 -9.1% --
03/30/2022 03/30/22 For Sale $329,900 +10.0% --
12/23/2021 12/23/21 Off Market $300,000 -- --
07/30/2021 07/30/21 For Sale $349,900 -- --
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
2023 $9,153 $114,864 $8,643 $106,221
2022 $9,277 $104,803 $7,886 $96,917
2021 $8,915 $97,573 $7,342 $90,231
2020 $8,485 $90,631 $6,820 $83,811
2019 $8,211 $83,972 $6,319 $77,653
2018 $8,054 $80,682 $5,845 $74,837
2017 $7,798 $75,773 $5,386 $70,387
2016 $6,940 $65,326 $4,617 $60,709
2015 -- $61,176 $3,970 $57,206
2014 -- $57,140 $3,649 $53,491
2013 -- $57,722 $3,487 $54,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11173200

Midwest Real Estate Data (MRED)

APN: 15-21-155-012