NOT LISTED FOR SALE
7 Beds
2 Baths
-- Sq Ft
1912 Built

Sale Details

Date Sold: September 15, 2021

Last sale price $155,000

126 Days on Market

Highlights

  • 2 Car Detached Garage
  • Two Heating Systems
  • Paved or Partially Paved Lot
  • Enclosed Patio or Porch

About This Home

As of September 2021

Prior buyer changed their mind. Here's your chance to own an occupied 2 unit. Recently rehabbed 2 unit building. 1 @ 3BR and 1 @ 4BR with individual heat. Well maintained and quiet block. Current rents are low at $825 for the 3 BR and $900 for the 4 BR. Both tenants are on M-M leases and would like to stay. Finish the basement to make it a 3rd unit. Or, add a coin op laundry for tenant use. Photos were taken before the tenants moved in. No plat of survey will be provided. Being sold As Is. Great investment.

Last Agent to Sell the Property

Loretta Fields

On Point Realty Pros LLC License #471001103 Listed on: 03/16/2021

Last Buyer's Agent

Kinya Brown

Chase Real Estate LLC License #475188991

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,797

Year Built

  • Built in 1912 | Remodeled in 2011

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Walk-Out Basement
  • Enclosed Patio or Porch
  • Paved or Partially Paved Lot

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $150
  • Insurance Expense $1,800
  • Water Sewer Expense $1,800
  • Gross Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,797

Year Built

Built in 1912 | Remodeled in 2011

Parking

2

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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Basement: Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 1800

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: LESS THAN .25 ACRE
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No

Multi Family

  • Insurance Expense: 1800
  • ElectricExpense: 150
  • GrossIncome: 20700
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2797.48
  • Tax Year: 2019
  • Tax Exemptions: None

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
Mar 16, 2021
Closed on
Aug 30, 2021
Sold by
Bought by
Seller's Agent
Loretta Fields
On Point Realty Pros LLC
Buyer's Agent
Kinya Brown
Chase Real Estate LLC
Sold Price
$155,000

Purchase Details

Closed on
Dec 31, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 2010
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
$155,993
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$155,000 Fidelity National Title
-- Chicago Title Insurance Co
$75,000 First American Title Ins Co
-- None Available
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 $52,200
Previous Owner $155,993
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
09/15/2021 09/15/21 Sold $155,000 0.0% --
09/02/2021 09/02/21 Off Market $155,000 -- --
07/20/2021 07/20/21 Pending -- -- --
06/19/2021 06/19/21 For Sale -- -- --
03/30/2021 03/30/21 For Sale -- -- --
03/29/2021 03/29/21 Pending -- -- --
03/23/2021 03/23/21 Price Changed $208,000 -5.5% --
03/16/2021 03/16/21 For Sale $220,000 -- --
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 $4,009 $17,000 $1,860 $15,140
2024 $4,009 $17,000 $1,860 $15,140
2023 $3,908 $19,000 $2,418 $16,582
2022 $3,908 $19,000 $2,418 $16,582
2021 $3,821 $19,000 $2,418 $16,582
2020 $2,730 $12,253 $2,418 $9,835
2019 $2,797 $13,924 $2,418 $11,506
2018 $2,072 $13,924 $2,418 $11,506
2017 $3,021 $17,407 $2,232 $15,175
2016 $2,986 $17,407 $2,232 $15,175
2015 $2,709 $17,407 $2,232 $15,175
2014 $2,619 $16,685 $2,046 $14,639
2013 $2,556 $16,685 $2,046 $14,639
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11022687

Midwest Real Estate Data (MRED)
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