NOT LISTED FOR SALE

Estimated Value: $127,000 - $269,000

4 Beds
2 Baths
1,200 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $65,000 $54 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,087/month

11 Days on Market

Highlights

  • Living Room
  • Forced Air Heating System
  • Family Room
  • 1-Story Property
  • Dining Room

About This Home

As of January 2023

Located in the sought after Chatham community this is an opportunity which rarely ever comes available and one you should not overlook! This all brick bungalow has had a second story addition which has added tons of space, large open layout on the first floor, basement was finished at one point, the home only needs to be put back together as the core of the home is in tact. There was a fire in the home, majority of damage in the kitchen area, heavy smoke damage throughout but the bones and base is still there. This home has unlimited potential and tremendous upside while being in a highly sought after community.

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 10/12/2022

RE/MAX Premier

Last Buyer's Agent

Tavo Rubalcava

eXp Realty License #475175238

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,131

Year Built

  • Built in 1921

Lot Details

  • Lot Dimensions are 30x125

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,131

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 30X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3130.82
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2022
Sold by
Lima One Capital Llc
Bought by
Great Renovation Inc
Current Estimated Value
$178,716

Purchase Details

Closed on
Nov 25, 2019
Sold by
Rich Financial Consulting Llc
Bought by
Lima One Capital Llc

Purchase Details

Closed on
Jun 30, 2017
Sold by
Georgia Dion Montgomery
Bought by
Rich Financial Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,600
Interest Rate
3.94%
Mortgage Type
Balloon

Purchase Details

Closed on
May 8, 2014
Sold by
Fannie Mae
Bought by
Montgomery Dion

Purchase Details

Closed on
Jan 14, 2014
Sold by
Mills Ricky
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 10, 2004
Sold by
Brunious Arturo
Bought by
Mills Ricky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.9%
Mortgage Type
Unknown
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
Great Renovation Inc $65,000 None Listed On Document
Lima One Capital Llc -- Attorney
Rich Financial Consulting Llc $51,500 Advisors Title Network Llc
Montgomery Dion $15,500 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Mills Ricky $110,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rich Financial Consulting Llc $166,600
Previous Owner Mills Ricky $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $65,000 +31.6% $54 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $49,400 -- $41 / 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 $1,793 $15,800 $2,855 $12,945
2023 $1,748 $8,500 $3,965 $4,535
2022 $1,748 $8,500 $3,965 $4,535
2021 $1,709 $8,500 $3,965 $4,535
2020 $3,131 $14,054 $3,965 $10,089
2019 $3,173 $15,792 $3,965 $11,827
2018 $3,119 $15,792 $3,965 $11,827
2017 $2,955 $13,727 $3,489 $10,238
2016 $2,290 $11,435 $3,489 $7,946
2015 $2,095 $11,435 $3,489 $7,946
2014 $1,472 $10,504 $2,854 $7,650
2013 $1,432 $10,504 $2,854 $7,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11650717

Midwest Real Estate Data (MRED)

APN: 20-27-224-004-0000