NOT LISTED FOR SALE
5 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: January 31, 2025

Last sale price $350,000

About This Home

As of January 2025

Newly remodeled two-flat in prime Chatham loaded throughout including refinished hardwood floors, new kitchens and baths in each unit, newer windows, new plumbing and electricity, 2.5-car detached garage and much more! The 1st floor boasts 3 bedrooms and 1 bathroom with new a remodeled kitchen and bath while the 2nd floor includes 2 bedrooms and 1 bathroom with in-unit laundry and a remodeled kitchen and bath. The 1st floor unit has access to the laundry room in the basement. 2nd floor is rented. 1st floor can either be rented for additional income or be used as a owner occupied unit! Tenants pay cooking gas and electric. Close to expressway, schools, shopping, Cole Park and transportation! You can't beat this value!

Last Agent to Sell the Property

Richard Lomax

Fulton Grace Realty License #471019124 Listed on: 01/02/2025

Fulton Grace Realty

Co-Listed By

Jennifer Bell

Fulton Grace Realty License #471019497

Last Buyer's Agent

Latonia Goldsmith

Century 21 IMPACT License #475177303

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,853

Year Built

  • Built in 1923 | Remodeled in 2018

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 30x161

Parking

  • 2.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,853

Year Built

Built in 1923 | Remodeled in 2018

Lot Details

4,792 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: 1923
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Radiant
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 30X161
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4852.78
  • Tax Year: 2023
  • 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
Jan 2, 2025
Closed on
Jan 31, 2025
Sold by
Bought by
Seller's Agent
Richard Lomax
Fulton Grace Realty
Buyer's Agent
Latonia Goldsmith
Century 21 IMPACT
List Price
$350,000
Sold Price
$350,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
0.066%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 2, 2018
Closed on
Dec 31, 2018
Sold by
Bought by
Seller's Agent
Vergis Eiland
Coldwell Banker Residential
Buyer's Agent
Cassandra Abram
eXp Realty
List Price
$229,900
Sold Price
$229,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$225,735
Interest Rate
0.0499%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2018
Sold by
Bought by

Purchase Details

Listed on
Sep 13, 2012
Closed on
Feb 27, 2013
Sold by
Bought by
Seller's Agent
Marvenna Martin
Infiniti Properties, Inc.
Buyer's Agent
Marvenna Martin
Infiniti Properties, Inc.
List Price
$70,000
Sold Price
$62,999
Premium/Discount to List
-$7,001
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,857
Interest Rate
0.0312%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$350,000 Citywide Title
$230,000 Near North National Title
$112,500 First American Title
$63,000 First American Title Insuran
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 $343,660
Previous Owner $225,735
Previous Owner $61,857
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
01/31/2025 01/31/25 Sold $350,000 0.0% --
01/02/2025 01/02/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $350,000 +52.2% --
01/02/2019 01/02/19 Sold $229,900 0.0% -- View Prior Sale
11/07/2018 11/07/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $229,900 +264.9% --
02/28/2013 02/28/13 Sold $62,999 -10.0% -- View Prior Sale
09/16/2012 09/16/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $70,000 -- --
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 $28,501 $3,623 $24,878
2024 $4,853 $28,501 $3,623 $24,878
2023 $4,731 $23,000 $4,830 $18,170
2022 $4,731 $23,000 $4,830 $18,170
2021 $4,625 $23,000 $4,830 $18,170
2020 $2,955 $13,267 $3,864 $9,403
2019 $3,029 $15,077 $3,864 $11,213
2018 $2,978 $15,077 $3,864 $11,213
2017 $4,189 $19,459 $3,381 $16,078
2016 $3,897 $19,459 $3,381 $16,078
2015 $3,566 $19,459 $3,381 $16,078
2014 $2,810 $15,145 $2,898 $12,247
2013 $2,276 $15,145 $2,898 $12,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12263240

Midwest Real Estate Data (MRED)
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