NOT LISTED FOR SALE

Estimated Value: $156,000 - $189,000

4 Beds
2 Baths
1,024 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 13, 2015

Last sale price $12,000 $12 Per Sq Ft

Est. 1,348% increase in value since last sale

Current estimated payment $985/month

41 Days on Market

About This Home

As of August 2015

FORECLOSED PROPERTY AWAITING NEW OWNERS BRING YOUR APPROVED BUYERS SELLERS WILL ONLY ENTERTAIN CASH OR CONVENTIONAL LOANS NO FHA. MUST PROVIDE UPDATED PROOF OF FUNDS OR APPROVAL LETTER WITH ALL OFFERS. THE SELLERS REQUIRE BUYERS TO VIEW THE PROPERTY BEFORE SUBMITTING OFFERS.

Last Agent to Sell the Property

Corey Scott

MNK Realty Professionals LLC License #471012302 Listed on: 06/09/2015

Last Buyer's Agent

Jorge Ortega

REMAX Legends License #475133925

REMAX Legends

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $546

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 25x124
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Walk-Out Basement

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Private or Community Septic Tank

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$546

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walkout
  • 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

  • Foundation Details: Concrete Perimeter
  • List Price: 12000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 25X124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 546.15
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Aug 14, 2015
Sold by
Jeff Bv Vacant Llc
Bought by
Ponce Francisco and Hernandez Metia Ana Maria
Seller's Agent
Corey Scott
MNK Realty Professionals LLC
Buyer's Agent
Jorge Ortega
REMAX Legends
List Price
$17,000
Sold Price
$12,000
Premium/Discount to List
-$5,000
-29.41%
Current Estimated Value
$173,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,812
Avg. Annual Appreciation
30.77%

Purchase Details

Closed on
Jul 13, 2006
Sold by
Chandler Cassandra G
Bought by
Chandler Reginald D

Purchase Details

Closed on
Jul 26, 2002
Sold by
Chandler Reginald and Chandler Cassandra
Bought by
Lasalle Bank National Assn and Trust #129924

Purchase Details

Closed on
Sep 20, 2001
Sold by
Lipkin Gerald
Bought by
Chandler Reginald and Chandler Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2001
Sold by
Baez Ramon
Bought by
Lipkin Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2001
Sold by
The Hunter Institute
Bought by
Baez Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2001
Sold by
Hud
Bought by
The Hunter Institute

Purchase Details

Closed on
Sep 26, 2000
Sold by
Harbor
Bought by
Hud

Purchase Details

Closed on
Jun 1, 1997
Sold by
Williams Olivia
Bought by
Harbor Sherby and Harbor Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,540
Interest Rate
8.17%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ponce Francisco $12,000 Barrister Title
Chandler Reginald D -- None Available
Lasalle Bank National Assn -- --
Chandler Reginald $110,000 --
Lipkin Gerald -- --
Baez Ramon $45,000 --
The Hunter Institute -- --
Hud -- --
Harbor Sherby $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lasalle Bank Na $110,500
Previous Owner Chandler Reginald $93,500
Previous Owner Baez Ramon $45,000
Previous Owner Harbor Sherby $74,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2015 08/13/15 Sold $12,000 0.0% $12 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
07/14/2015 07/14/15 Price Changed $12,000 -29.4% $12 / Sq Ft
06/22/2015 06/22/15 For Sale $17,000 +41.7% $17 / Sq Ft
06/20/2015 06/20/15 Off Market $12,000 -- --
06/09/2015 06/09/15 For Sale $17,000 -- $17 / Sq Ft
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 $461 $12,000 $1,275 $10,725
2023 $428 $5,501 $2,763 $2,738
2022 $428 $5,501 $2,763 $2,738
2021 $436 $5,499 $2,762 $2,737
2020 $841 $6,878 $2,762 $4,116
2019 $847 $7,643 $2,762 $4,881
2018 $831 $7,643 $2,762 $4,881
2017 $1,211 $9,000 $2,550 $6,450
2016 $1,803 $9,000 $2,550 $6,450
2015 $699 $3,813 $2,550 $1,263
2014 $557 $3,003 $2,337 $666
2013 $546 $3,003 $2,337 $666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08948382

Midwest Real Estate Data (MRED)

APN: 20-19-429-017-0000