NOT LISTED FOR SALE
54 Beds
36 Baths
-- Sq Ft
1925 Built

Sale Details

Date Sold: March 15, 2016

Last sale price $59,000 $0 Per Sq Ft

292 Days on Market

About This Home

As of March 2016

***CASH DEALS ONLY***SERIOUS BUYERS ONLY! **ALL OFFERS MUST BE ACCOMPANIED BY PROOF OF FUNDS IN BUYER'S NAME or CO.** THIS PROJECT IS FOR SEASONED INVESTORS/REHABBERS ONLY! 1ST Deal Died . AGENTS PLEASE EDUCATE YOUR BUYERS ON INVESTMENT PURCHASES...Excellent opportunity to select your own tenants & make $$. Classic Chatham area with curb appeal. Building is vacant but does have a history of rents being $400-$750 for 10 yrs which is low for the market. Rents can be increased easily. THIS IS A TOTAL REHAB PROJECT. Basement can be used for coin-op laundry & there's a 3 car garage. 1,500 square feet in each unit.

Last Agent to Sell the Property

Angela Williams

Infiniti Properties, Inc. Listed on: 05/14/2015

Last Buyer's Agent

Angela Williams

Infiniti Properties, Inc. Listed on: 05/14/2015

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1925

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Water-Community
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Outdoor Parking: Common Parking
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Number Of Stories: 3
  • Estimated Year Built: 1925
  • Type Multi Family: Flats
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1925

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Brick, Concrete
  • Exterior Building Type: Brick
  • Construction: Brick, Concrete
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Forced Air, Gas

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electrical Service: Separate Meters

Lot Info

  • Lot Dimensions: 125X50
  • Parcel Identification Number: 20342010120000

Rental Info

  • Tenant Pays: Electric

Tax Info

  • Taxes: 6500

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
May 14, 2015
Closed on
Mar 2, 2016
Sold by
Bought by
Seller's Agent
Angela Williams
Infiniti Properties, Inc.
Buyer's Agent
Angela Williams
Infiniti Properties, Inc.
List Price
$165,000
Sold Price
$59,000
Premium/Discount to List
-$106,000
-64.24%

Purchase Details

Closed on
Mar 28, 2014
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
$132,000
Interest Rate
5.5%
Mortgage Type
Commercial
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
$59,000 Chicago Title Insurance Co
$165,000 First American
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
Previous Owner $132,000
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
03/15/2016 03/15/16 Sold $59,000 -64.2% --
03/01/2016 03/01/16 Pending -- -- --
05/14/2015 05/14/15 For Sale $165,000 -- --
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 $4,853 $34,500 $4,185 $30,315
2024 $4,853 $34,500 $4,185 $30,315
2023 $4,731 $23,000 $6,975 $16,025
2022 $4,731 $23,000 $6,975 $16,025
2021 $4,625 $23,000 $6,975 $16,025
2020 $3,226 $14,480 $5,022 $9,458
2019 $3,306 $16,455 $5,022 $11,433
2018 $3,250 $16,455 $5,022 $11,433
2017 $5,438 $25,259 $4,464 $20,795
2016 $5,059 $25,259 $4,464 $20,795
2015 $4,629 $25,259 $4,464 $20,795
2014 $4,319 $25,847 $3,906 $21,941
2013 $4,223 $25,847 $3,906 $21,941
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08922431

Midwest Real Estate Data (MRED)

APN: 20342010120000

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