NOT LISTED FOR SALE
4 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: February 19, 2016

Last sale price $10,000

9 Days on Market

About This Home

As of February 2016

Calling all Investors!! Don't be Scared to make some money!! Here's your opportunity to grab the diamond in the rough. This fire damaged Brick 2 flat is ready to be rehabbed. There are closed rehabbed comps in the area right now at $175,000 and $192,000. Don't miss this one!!

Last Agent to Sell the Property

Arthur Allen III

Continental Estates LLC License #471013110 Listed on: 01/22/2016

Last Buyer's Agent

Arthur Allen III

Continental Estates LLC License #471013110 Listed on: 01/22/2016

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 3,485

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30x124

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: None
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 30X124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2593.85
  • Tax Year: 2014

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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
Jan 22, 2016
Closed on
Feb 18, 2016
Sold by
Bought by
Seller's Agent
Arthur Allen III
Continental Estates LLC
Buyer's Agent
Arthur Allen III
Continental Estates LLC
List Price
$15,000
Sold Price
$10,000
Premium/Discount to List
-$5,000
-33.33%

Purchase Details

Closed on
Apr 5, 2005
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
$180,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2004
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
$168,000
Interest Rate
7.4%
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
$10,000 None Available
$225,000 World Title Guaranty Inc
$210,000 Lawyers Title Insurance Corp
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 $14,739
Previous Owner $180,000
Previous Owner $168,000
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
02/19/2016 02/19/16 Sold $10,000 -33.3% --
01/31/2016 01/31/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $15,000 -- --
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 $2,465 $18,000 $2,790 $15,210
2024 $2,465 $18,000 $2,790 $15,210
2023 $2,382 $15,000 $4,650 $10,350
2022 $2,382 $15,000 $4,650 $10,350
2021 $2,347 $15,000 $4,650 $10,350
2020 $2,221 $13,073 $3,348 $9,725
2019 $2,985 $14,856 $3,348 $11,508
2018 $2,935 $14,856 $3,348 $11,508
2017 $3,808 $17,691 $2,976 $14,715
2016 $3,543 $17,691 $2,976 $14,715
2015 $3,242 $17,691 $2,976 $14,715
2014 $2,594 $13,980 $2,604 $11,376
2013 $2,543 $13,980 $2,604 $11,376
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09122385

Midwest Real Estate Data (MRED)
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