NOT LISTED FOR SALE
10 Beds
5 Baths
-- Sq Ft
1910 Built

Sale Details

Date Sold: August 5, 2023

Last sale price $326,000

71 Days on Market

About This Home

As of August 2023

Great Opportunity! Potential cap rate of 16 to 17%! Rehabbed 4 unit! 3 Unit Building w Back Coach House! Total of 10 Bedrooms and 4 1/2 Baths! 2 Units are 3 Bedrooms-1 Bath & 1 unit is 2 bedrooms-1 Bath! Coach home in back is gut rehab with 2 bedroom and 1 1/2 bath. Each unit has own furnace & hot water tanks. 2 units occupied

Last Agent to Sell the Property

Denise Hoekstra

RE/MAX 1st Service License #475135216 Listed on: 01/02/2023

RE/MAX 1st Service

Last Buyer's Agent

Vladimir Rusev

Coldwell Banker Realty License #475179375

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1910 | Remodeled in 2022

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 10 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Crawl Space
  • Paved or Partially Paved Lot

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,608

Year Built

Built in 1910 | Remodeled in 2022

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 10
  • Number of Cars: 10
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Dimensions: 3125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 1608
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

MLS Schools

  • Other Public Sch Dist: 299

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
Jan 2, 2023
Closed on
Jul 22, 2023
Sold by
Bought by
Seller's Agent
Denise Hoekstra
RE/MAX 1st Service
Buyer's Agent
Vladimir Rusev
Coldwell Banker Realty
List Price
$319,000
Sold Price
$326,000
Premium/Discount to List
$7,000
2.19%
Views
31

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
$308,467
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2021
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 12, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 17, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 23, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
10.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
10%

Purchase Details

Closed on
Jan 9, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.15%

Purchase Details

Closed on
Jul 29, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$120,000 Attorney
$70,000 Old Republic Title
$10,000 Multiple
$6,500 Bt
-- None Available
$285,000 Tristar Title Inc
-- Home Equity Title
-- 1St American Title
$188,000 1St American Title
$85,000 --
$71,500 --
-- --
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
Previous Owner $71,250
Previous Owner $199,500
Previous Owner $154,000
Previous Owner $110,250
Previous Owner $80,750
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
08/05/2023 08/05/23 Sold $326,000 0.0% --
06/30/2023 06/30/23 Off Market $326,000 -- --
03/15/2023 03/15/23 Pending -- -- --
03/13/2023 03/13/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $335,000 +5.0% --
01/02/2023 01/02/23 For Sale $319,000 -- --
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 $1,688 $42,563 $938 $41,625
2024 $1,688 $42,563 $938 $41,625
2023 $1,645 $8,000 $2,031 $5,969
2022 $1,645 $8,000 $2,031 $5,969
2021 $1,609 $7,999 $2,031 $5,968
2020 $2,570 $11,538 $2,031 $9,507
2019 $2,617 $13,027 $2,031 $10,996
2018 $2,573 $13,027 $2,031 $10,996
2017 $3,324 $15,439 $1,875 $13,564
2016 $3,092 $15,439 $1,875 $13,564
2015 $2,829 $15,439 $1,875 $13,564
2014 $2,249 $12,120 $1,718 $10,402
2013 $2,204 $12,120 $1,718 $10,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11693516

Midwest Real Estate Data (MRED)
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