NOT LISTED FOR SALE

Estimated Value: $166,620 - $388,000

8 Beds
4 Baths
2,644 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 09, 2014

Last sale price $50,000 $19 Per Sq Ft

Est. 440% increase in value since last sale

Current estimated payment $1,611/month

About This Home

As of July 2014

2 flat with large 4bedrooms, 1.5 baths, driveway with an unfinished basement. Needs work; roofing problems.

Last Agent to Sell the Property

MaryAnn Marsh

@properties Christie's International Real Estate Listed on: 05/12/2014

@properties Christie's International Real Estate

Last Buyer's Agent

MaryAnn Marsh

@properties Christie's International Real Estate Listed on: 05/12/2014

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 500x133

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,018

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 35999
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 500X133
  • Zoning: OTHER
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2018
  • Tax Year: 2012

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
May 12, 2014
Closed on
Jul 7, 2014
Sold by
Ebbesen Brian R
Bought by
Mclean Nicole
Seller's Agent
MaryAnn Marsh
@properties Christie's International Real Estate
Buyer's Agent
MaryAnn Marsh
@properties Christie's International Real Estate
List Price
$35,999
Sold Price
$50,000
Premium/Discount to List
$14,001
38.89%
Current Estimated Value
$270,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,155
Avg. Annual Appreciation
16.32%

Purchase Details

Closed on
Aug 8, 2013
Sold by
Windfall Investments Llc
Bought by
Ebbesen Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,950
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2011
Sold by
Ebbesen Brian R and Ebbesen Brian
Bought by
Windfall Investments Llc Zephyr I

Purchase Details

Closed on
May 30, 2006
Sold by
Zephyr 2 Llc
Bought by
Ebbesen Brian R

Purchase Details

Closed on
Dec 12, 2004
Sold by
Ebbesen Brian
Bought by
Zephyr 2 Llc

Purchase Details

Closed on
Sep 10, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Ebbesen Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 2004
Sold by
Household Finance Corp Iii
Bought by
Chicago Title Land Trust Co and Trust #17172

Purchase Details

Closed on
Jul 28, 2003
Sold by
Bond Lawrence
Bought by
Household Finance Corp Iii

Purchase Details

Closed on
Mar 28, 2003
Sold by
Glenn Tony
Bought by
Bond Lawrence

Purchase Details

Closed on
Dec 30, 2002
Sold by
Bond Lawrence
Bought by
Glenn Tony

Purchase Details

Closed on
May 24, 2000
Sold by
Jenkins Robert F
Bought by
Bond Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
10.45%
Source: Public Records

Range of Values:

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Average Value
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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
Mclean Nicole $50,000 Chicago Title Insurance Co
Ebbesen Brian -- None Available
Windfall Investments Llc Zephyr I -- None Available
Ebbesen Brian R -- Cti
Zephyr 2 Llc -- Chicago Title Insurance Comp
Ebbesen Brian $220,000 Git
Chicago Title Land Trust Co $35,000 Multiple
Household Finance Corp Iii -- --
Bond Lawrence -- --
Glenn Tony -- --
Bond Lawrence $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclean Nicole $184,800
Previous Owner Ebbesen Brian $205,950
Previous Owner Ebbesen Brian $220,000
Previous Owner Bond Lawrence $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2014 07/09/14 Sold $50,000 +38.9% $19 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $35,999 -- $14 / 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 $1,688 $9,500 $3,325 $6,175
2023 $1,646 $8,000 $4,047 $3,953
2022 $1,646 $8,000 $4,047 $3,953
2021 $1,609 $8,002 $4,049 $3,953
2020 $2,849 $12,790 $4,987 $7,803
2019 $2,824 $14,055 $4,987 $9,068
2018 $2,776 $14,055 $4,987 $9,068
2017 $2,769 $12,863 $4,322 $8,541
2016 $2,576 $12,863 $4,322 $8,541
2015 $2,357 $12,863 $4,322 $8,541
2014 $2,087 $11,250 $3,990 $7,260
2013 $2,046 $11,250 $3,990 $7,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08612701

Midwest Real Estate Data (MRED)

APN: 20-28-332-015-0000