NOT LISTED FOR SALE

Estimated Value: $250,000

4 Beds
2 Baths
-- Sq Ft
0.86 Acres

Last Sold March 31, 2014

Last sale price $8,000

Est. 3,025% increase in value since last sale

Current estimated payment $1,355/month

47 Days on Market

About This Home

As of March 2014

BRICK TWO FLAT WITH UNFINISHED BASEMENT. 2ND FLOOR UNIT HAS 3 BEDROOMS. PERFECT OPPORTUNITY FOR AN INVESTOR. THIS IS A FANNIE MAE HOMEPATH PROPERTY.

Last Agent to Sell the Property

Naomi Nelson

Real People Realty License #475140263 Listed on: 01/22/2014

Real People Realty

Last Buyer's Agent

Naomi Nelson

Real People Realty License #475140263 Listed on: 01/22/2014

Real People Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 0.86

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

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: Commuter Bus
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • 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: 8663
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3750
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2795.56
  • Tax Year: 2012
  • 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
Jan 22, 2014
Closed on
Mar 27, 2014
Sold by
Fannie Mae
Bought by
Oikos Investment Group Llc
Seller's Agent
Naomi Nelson
Real People Realty
Buyer's Agent
Naomi Nelson
Real People Realty
List Price
$12,000
Sold Price
$8,000
Premium/Discount to List
-$4,000
-33.33%
Current Estimated Value
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,000
Avg. Annual Appreciation
34.58%

Purchase Details

Closed on
Sep 25, 2013
Sold by
Hudson
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 15, 2004
Sold by
Haynes Shun T
Bought by
Hudson Bryan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2001
Sold by
Suburban Bank & Trust Company
Bought by
Haynes Shun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
9.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2000
Sold by
Chicago Title Land Trust Company
Bought by
Suburban Bank & Trust Co and Trust #1-1731

Purchase Details

Closed on
Dec 2, 1999
Sold by
Sterling Bank & Trust Fsb
Bought by
Chicago Title Land Trust Company and Trust #1102329

Purchase Details

Closed on
Jul 15, 1997
Sold by
Elite Neighborhood Homes
Bought by
Henderson Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 1996
Sold by
Urban Visions Inc
Bought by
Elite Neighborhood Homes
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Oikos Investment Group Llc $8,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Hudson Bryan W $185,000 First American Title Ins Co
Haynes Shun $135,000 Lawyers Title Insurance Corp
Suburban Bank & Trust Co $41,000 --
Chicago Title Land Trust Company $29,500 --
Henderson Sheila $120,000 --
Elite Neighborhood Homes $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hudson Bryan W $166,500
Previous Owner Haynes Shun $121,500
Previous Owner Henderson Sheila $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $8,000 -7.7% --
03/10/2014 03/10/14 Pending -- -- --
03/02/2014 03/02/14 Price Changed $8,663 -17.5% --
01/26/2014 01/26/14 Price Changed $10,500 -12.5% --
01/22/2014 01/22/14 For Sale $12,000 -- --
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 $514 $1,125 $1,125 --
2023 $501 $2,438 $2,438 --
2022 $501 $2,438 $2,438 $0
2021 $490 $2,437 $2,437 $0
2020 $626 $2,812 $2,812 $0
2019 $565 $2,812 $2,812 $0
2018 $555 $2,812 $2,812 $0
2017 $4,014 $18,645 $2,437 $16,208
2016 $3,734 $18,645 $2,437 $16,208
2015 $3,417 $18,645 $2,437 $16,208
2014 $2,890 $15,579 $2,250 $13,329
2013 $2,833 $15,579 $2,250 $13,329
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08523927

Midwest Real Estate Data (MRED)

APN: 20-20-429-008-0000