NOT LISTED FOR SALE

Estimated Value: $189,000 - $306,011

5 Beds
3.5 Baths
2,864 Sq Ft
$89/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $53,000 $19 Per Sq Ft

Est. 381% increase in value since last sale

Current estimated payment $1,482/month

Highlights

  • 2 Car Detached Garage
  • Resident Manager or Management On Site
  • Two cooling system units
  • Living Room
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

AWESOME RENTAL HOME-Large Brick home in historic Chatham.. 5 bedrooms, 3.5 bathrooms... includes beautiful master with luxurious bathroom. 1st floor has brand new hardwood floors @ 45 degree angle and coffer ceilings in living/dining room. Large sun drenched living room with decorative fireplace and attached dining room. Large kitchen with 42" soft close shaker cabinet and upgraded stainless steel appliances. Fully finished basement with bedroom prefect for in-laws or family & friends and 2 exits. New furnaces & AC (2 furnaces & AC units) & new tankless hot water heater... New rod iron gate for security and 2 car brick garage with privacy fence. Section 8 Welcome. Come see and claim your new home for lease. minimum income is 2.5X the rent, and must have verifiable employment and rental history.

Last Agent to Rent the Property

Insane Rehabbing Manning

Perfection Real Estate LLC License #471021257 Listed on: 04/19/2022

Last Renter's Agent

Bob Wilson

john greene, Realtor License #475183869

john greene, Realtor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,793

Year Built

  • Built in 1921 | Remodeled in 2022

Lot Details

  • 3,703

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,864 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

  • Resident Manager or Management On Site

Listing and Financial Details

  • Security Deposit $2,800
  • Property Available on 6/1/22
  • Rent includes parking, air conditioning

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,793

Year Built

Built in 1921 | Remodeled in 2022

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2022-06-01
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Detached
  • Rental Price: 2800
  • Security Deposit: 2800
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 2 Stories
  • Property Sub-Type: Detached
  • 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): Yes
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • LivingArea: 2864
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Dual
  • Heating: Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Parking, Air Conditioning
  • Management: Manager Off-site

Lot Info

  • Lot Dimensions: 3720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Feb 27, 2020
Sold by
Bank Of New York Mellon Trust Company
Bought by
Insane Rehabbing Inc
Seller's Agent
Val Laborevitch
Realhome Services & Solutions, Inc.
Buyer's Agent
Insane Rehabbing Manning
Perfection Real Estate LLC
List Price
$78,300
Sold Price
$53,000
Premium/Discount to List
-$25,300
-32.31%
Current Estimated Value
$254,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,753
Avg. Annual Appreciation
32.36%

Purchase Details

Closed on
May 22, 2018
Sold by
Davis Ruby B
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust Company N A

Purchase Details

Closed on
Aug 9, 2001
Sold by
Irma Godlove Family Revocable Trust
Bought by
Davis Ruby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.11%
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
Insane Rehabbing Inc $53,000 Attorney
The Bank Of New York Mellon Trust Compan -- Attorney
Davis Ruby -- Multiple
Davis Ruby B $85,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Ruby B $80,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2022 05/11/22 Rented $2,800 0.0% --
05/03/2022 05/03/22 Under Contract -- -- --
04/19/2022 04/19/22 For Rent $2,800 0.0% --
03/24/2020 03/24/20 Sold $53,000 -10.9% $26 / Sq Ft View Prior Sale
01/23/2020 01/23/20 Pending -- -- --
01/23/2020 01/23/20 Price Changed $59,500 -24.0% $29 / Sq Ft
12/02/2019 12/02/19 For Sale $78,300 -- $38 / 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 $17,000 $2,790 $14,210
2023 $1,748 $8,500 $4,650 $3,850
2022 $1,748 $8,500 $4,650 $3,850
2021 $1,709 $8,500 $4,650 $3,850
2020 $3,559 $15,975 $3,348 $12,627
2019 $3,566 $17,750 $3,348 $14,402
2018 $3,506 $17,750 $3,348 $14,402
2017 $2,508 $17,728 $2,976 $14,752
2016 $278 $17,728 $2,976 $14,752
2015 $2,425 $17,728 $2,976 $14,752
2014 $265 $15,249 $2,604 $12,645
2013 $265 $15,249 $2,604 $12,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11379379

Midwest Real Estate Data (MRED)

APN: 20-34-216-025-0000