NOT LISTED FOR SALE

Estimated Value: $180,000 - $219,000

4 Beds
2 Baths
1,892 Sq Ft
$108/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $38,000 $20 Per Sq Ft

Est. 438% increase in value since last sale

Current estimated payment $1,582/month

33 Days on Market

Highlights

  • 2 Car Detached Garage
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Forced Air Heating System

About This Home

As of November 2016

2-UNIT BUILDING FEATURES 2 BEDROOMS, 1ST BATHROOM, KITCHEN AND HUGE LIVING ROOM ON 2ND FLOOR UNIT. FULL UNFINISHED BASEMENT WITH LAUNDRY HOOK UP. NICE SIZE YARD WITH PLENTY OF PARKING. SOLD AS-IS

Last Agent to Sell the Property

Michelle Martin

@properties Christie's International Real Estate Listed on: 10/03/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Beverly Case

RE/MAX Plaza License #471015408

RE/MAX Plaza

Property Details

Home Type

  • Multi-Family

Year Built

  • 1928

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 100x125
  • Paved or Partially Paved Lot
  • Legal Non-Conforming

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Other
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 54000
  • Lot Features: Legal Non-Conforming
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

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, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 100X125
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3973
  • Tax Year: 2014
  • Tax Exemptions: None

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
Oct 3, 2016
Closed on
Jan 3, 2017
Sold by
Wm Capital Management Inc
Bought by
Wm Capital Partners 52 Llc
Seller's Agent
Michelle Martin
@properties Christie's International Real Estate
Buyer's Agent
Beverly Case
RE/MAX Plaza
List Price
$54,000
Sold Price
$38,000
Premium/Discount to List
-$16,000
-29.63%
Total Days on Market
33
Current Estimated Value
$204,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,561
Avg. Annual Appreciation
21.87%

Purchase Details

Listed on
Oct 3, 2016
Closed on
Nov 29, 2016
Sold by
Wm Capital Partners 52 Llc
Bought by
Dallison David
Seller's Agent
Michelle Martin
@properties Christie's International Real Estate
Buyer's Agent
Beverly Case
RE/MAX Plaza
List Price
$54,000
Sold Price
$38,000
Premium/Discount to List
-$16,000
-29.63%

Purchase Details

Listed on
Oct 3, 2016
Closed on
Oct 7, 2016
Sold by
Stojanov
Bought by
Wm Capital Management Inc
Seller's Agent
Michelle Martin
@properties Christie's International Real Estate
Buyer's Agent
Beverly Case
RE/MAX Plaza
List Price
$54,000
Sold Price
$38,000
Premium/Discount to List
-$16,000
-29.63%

Purchase Details

Closed on
Sep 25, 2012
Sold by
Apm Inc
Bought by
Stojanov Dzoko

Purchase Details

Closed on
Jul 18, 2012
Sold by
Heard Vicent S
Bought by
Apm Inc

Purchase Details

Closed on
Apr 21, 2005
Sold by
Carrillo Salvador and Villegas Veronica
Bought by
Carrillo Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 1998
Sold by
Jones Willie Lee and Jones Elouise
Bought by
Carrillo Salvador P and Villegas Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,560
Interest Rate
7.17%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Wm Capital Partners 52 Llc -- Title Guaranty Fund Inc
Dallison David $36,000 Attorneys Title Guaranty Fun
Wm Capital Management Inc -- None Available
Stojanov Dzoko -- None Available
Apm Inc $19,000 None Available
Carrillo Salvador -- --
Carrillo Salvador P $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stojanov Dzoko $93,500
Previous Owner Carrillo Salvador $113,000
Previous Owner Carrillo Salvador P $84,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $38,000 -29.6% $20 / Sq Ft
11/05/2016 11/05/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $54,000 -- $29 / 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 $5,197 $61,208 $13,639 $47,569
2023 $4,304 $55,112 $12,211 $42,901
2022 $4,304 $44,029 $10,346 $33,683
2021 $3,945 $37,837 $9,011 $28,826
2020 $3,730 $32,902 $8,406 $24,496
2019 $3,754 $30,150 $7,703 $22,447
2018 $2,602 $20,126 $5,725 $14,401
2017 $2,533 $17,806 $5,065 $12,741
2016 $3,415 $22,102 $6,287 $15,815
2015 $3,342 $19,782 $5,627 $14,155
2014 $3,973 $23,467 $4,983 $18,484
2012 $3,979 $25,425 $5,399 $20,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09358015

Midwest Real Estate Data (MRED)

APN: 08-28-313-026