NOT LISTED FOR SALE
6 Beds
2 Baths
-- Sq Ft
1925 Built

Sale Details

Date Sold: May 9, 2019

Last sale price $175,000

24 Days on Market

Highlights

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

About This Home

As of May 2019

Looking for an income property to move in or just for your portfolio? THIS IS IT! Boasting true 3 bedroom units WITH tandem rooms that can be used as a separate rooms or walk in closets, you can't go wrong here. 8140 is being sold AS IS but it is in good shape and the income profile is dynamic. (Room for rents to be raised as well). Finished basement for owner to live in free. Right off transportation line. Separate Dining Rooms. 1st and 2nd floors were switched from radiator heat to individual heat in 2013/2014 New cabinets in kitchens and baths installed, new tile, hardwood floors stripped and stained on 2nd floor, new carpet installed on 1st floor. Windows 2013. 3 Central Air Units 2014. 3rd Furnace and AC for basement. Across the street from Perspectives Charter School. Violations being cured. Last buyer could not get financing due to issues on buyer side. Seller just made $15,000 worth of improvements at the building. Great deal.

Last Agent to Sell the Property

Lutalo McGee

Ani Real Estate License #471015982 Listed on: 03/01/2019

Ani Real Estate

Co-Listed By

Lonzetta McKennie

@properties Christie's International Real Estate License #475182998

Last Buyer's Agent

Tiffany Watkins

Art Property Management LLC License #471014916

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,456

Year Built

  • Built in 1925

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch
  • Paved or Partially Paved Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,456

Year Built

Built in 1925

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

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: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 4375
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3455.71
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • 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
Mar 1, 2019
Closed on
May 3, 2019
Sold by
Bought by
Seller's Agent
Lutalo McGee
Ani Real Estate
Buyer's Agent
Tiffany Watkins
Art Property Management LLC
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Outstanding Balance
$151,304
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 2, 2013
Closed on
Aug 6, 2013
Sold by
Bought by
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
Ophelia Smith
OGS Realty & Associates
List Price
$45,000
Sold Price
$55,055
Premium/Discount to List
$10,055
22.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.62%

Purchase Details

Closed on
Nov 29, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2007
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
$408,300
Interest Rate
5.83%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 21, 1994
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
$175,000 Chicago Title
$55,500 Ct
-- Premier Title
-- Security First Title Co
-- --
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 $41,926
Open $171,830
Previous Owner $408,300
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 Prior Sale
05/09/2019 05/09/19 Sold $175,000 -7.9% --
04/10/2019 04/10/19 For Sale $190,000 0.0% --
04/10/2019 04/10/19 Price Changed $190,000 +5.6% --
03/25/2019 03/25/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $180,000 0.0% --
03/10/2019 03/10/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $180,000 +226.9% --
09/06/2013 09/06/13 Sold $55,055 +22.3% -- View Prior Sale
07/15/2013 07/15/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $45,000 -- --
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 $3,309 $19,001 $2,188 $16,813
2024 $3,309 $19,001 $2,188 $16,813
2023 $3,204 $19,000 $2,844 $16,156
2022 $3,204 $19,000 $2,844 $16,156
2021 $2,851 $18,999 $2,843 $16,156
2020 $2,337 $13,591 $2,843 $10,748
2019 $3,103 $15,445 $2,843 $12,602
2018 $3,051 $15,445 $2,843 $12,602
2017 $3,456 $16,053 $2,625 $13,428
2016 $3,215 $16,053 $2,625 $13,428
2015 $2,942 $16,053 $2,625 $13,428
2014 $2,777 $14,967 $2,406 $12,561
2013 $2,722 $14,967 $2,406 $12,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10295940

Midwest Real Estate Data (MRED)
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