NOT LISTED FOR SALE

Estimated Value: $184,000 - $435,675

5 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold November 09, 2015

Last sale price $220,000

Est. 27% increase in value since last sale

Current estimated payment $1,770/month

45 Days on Market

Highlights

  • 0.18 Acre Lot
  • 2 Car Detached Garage
  • Two Heating Systems

About This Home

As of November 2015

GREAT 2-FLAT THAT SITS ON A 8,000 SQ FT LOT. REHABBED IN 2008, NEW PLUMBING, ELECTRIC, ROOF, KITCHENS, BATHS, WINDOWS, HARDWOOD FLOORS AND HVAC. IN UNIT LAUNDRY IN BOTH UNITS. FIRST FLOOR BATH HAS LARGE SHOWER WITH HANDICAP ASSIST BARS.

Last Agent to Sell the Property

Ron Miller

Ron Miller & Associates, Inc. License #471002629 Listed on: 06/23/2015

Last Buyer's Agent

Tresses Wylie

Tresses Wylie License #471019950

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,910

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,910

Year Built

Built in 1900

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: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • List Price: 239900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • 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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 50X160
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2910.02
  • Tax Year: 2013

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
Jun 23, 2015
Closed on
Nov 6, 2015
Sold by
Pepperonnie Corporation
Bought by
Mace Thelma
Seller's Agent
Ron Miller
Ron Miller & Associates, Inc.
Buyer's Agent
Tresses Wylie
Tresses Wylie
List Price
$252,500
Sold Price
$220,000
Premium/Discount to List
-$32,500
-12.87%
Current Estimated Value
$279,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,168
Avg. Annual Appreciation
1.78%
Original Mortgage
$216,015
Outstanding Balance
$174,749
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$86,641

Purchase Details

Closed on
Mar 18, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pepperonnie Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,900
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2008
Sold by
Guardiola Alicia
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 18, 2005
Sold by
The Morgan Group Ii Inc
Bought by
Guardiola Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2005
Sold by
Harris Larry
Bought by
The Morgan Group Ii Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2002
Sold by
Jenkins Hattie
Bought by
Harris Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Mace Thelma $220,000 First American Title Ins Co
Pepperonnie Corp $141,000 None Available
Federal Home Loan Mortgage Corporation -- None Available
Guardiola Alicia $315,000 First American Title
The Morgan Group Ii Inc $125,000 First American Title
Harris Larry $95,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mace Thelma $216,015
Previous Owner Pepperonnie Corp $241,900
Previous Owner Guardiola Alicia $252,000
Previous Owner Guardiola Alicia $63,000
Previous Owner The Morgan Group Ii Inc $158,500
Previous Owner Harris Larry $129,600
Previous Owner Harris Larry $76,000
Closed Harris Larry $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2015 11/09/15 Sold $220,000 -8.3% --
08/07/2015 08/07/15 Pending -- -- --
07/08/2015 07/08/15 Price Changed $239,900 -1.1% --
07/06/2015 07/06/15 Price Changed $242,500 -3.0% --
06/29/2015 06/29/15 Price Changed $249,900 -1.0% --
06/23/2015 06/23/15 For Sale $252,500 -- --
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 $2,887 $20,000 $10,000 $10,000
2023 $2,793 $17,000 $10,000 $7,000
2022 $2,793 $17,000 $10,000 $7,000
2021 $2,749 $17,000 $10,000 $7,000
2020 $3,240 $17,646 $10,000 $7,646
2019 $4,029 $20,053 $10,000 $10,053
2018 $3,961 $20,053 $10,000 $10,053
2017 $4,413 $20,499 $8,800 $11,699
2016 $4,106 $20,499 $8,800 $11,699
2015 $3,756 $20,499 $8,800 $11,699
2014 $2,802 $15,102 $7,200 $7,902
2013 $2,910 $16,000 $7,200 $8,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08963081

Midwest Real Estate Data (MRED)

APN: 20-22-301-013-0000