NOT LISTED FOR SALE

Estimated Value: $180,000 - $254,000

3 Beds
2 Baths
1,644 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $45,000 $27 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $1,455/month

157 Days on Market

Highlights

  • 1 Car Detached Garage
  • Paved or Partially Paved Lot
  • 4-minute walk to Citizens Park
  • Enclosed Patio or Porch

About This Home

As of February 2016

Back On Market! Owner Ready To Sell! The Price of this two unit is a STEAL & Sold AS IS. Needs a few updates 2 BRs Down, 2 BRs Up! Separate furnaces and utilities. Fenced yard, full basement, enclosed porch and small 1 car garage off alley. If you are thinking of Investing or looking for a super cheap starter home, this is it! Tenants are willing to stay or ready to move if needed. Live in 1 Unit & Rent out the other! Your choice! Make an offer, Owner leaving town, must sell quick! MAKE AN OFFER!

Last Agent to Sell the Property

Deborah Richards

Debbie Richards Realty Group, Inc License #471004073 Listed on: 08/21/2015

Last Buyer's Agent

Ernesto Vaca

Real People Realty License #471013585

Real People Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50x150
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • 2 Units
  • Washburn Springs Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: WASHBURN SPRINGS
  • Year Built: 1920
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: TV-Cable
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 49900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3681.77
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Mar 11, 2016
Sold by
Segovia Rosa Irene Arroyo
Bought by
Leanos Jose Manuel and Segovia Rosa Irene Arroyo
Seller's Agent
Deborah Richards
Debbie Richards Realty Group, Inc
Buyer's Agent
Ernesto Vaca
Real People Realty
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Current Estimated Value
$205,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,344
Avg. Annual Appreciation
15.30%

Purchase Details

Closed on
Sep 9, 2013
Sold by
Cartwright Melford L and Smith Tamara Lynn
Bought by
Cartwright Melford L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,952
Interest Rate
4.75%
Mortgage Type
Commercial
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
Leanos Jose Manuel -- Attorney
Cartwright Melford L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $45,000 -9.8% $27 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $49,900 0.0% $30 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
10/24/2015 10/24/15 Price Changed $49,900 -13.7% $30 / Sq Ft
10/05/2015 10/05/15 Price Changed $57,850 -0.1% $35 / Sq Ft
08/21/2015 08/21/15 For Sale $57,900 -- $35 / 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 $4,441 $52,292 $9,897 $42,395
2023 $3,559 $47,095 $8,861 $38,234
2022 $3,559 $36,401 $6,896 $29,505
2021 $3,259 $31,257 $6,006 $25,251
2020 $3,068 $27,063 $5,603 $21,460
2019 $3,087 $24,799 $5,134 $19,665
2018 $2,792 $21,599 $3,815 $17,784
2017 $2,739 $19,109 $3,375 $15,734
2016 $2,566 $16,605 $4,191 $12,414
2015 $2,511 $14,862 $3,751 $11,111
2014 $3,679 $21,746 $3,320 $18,426
2012 $4,560 $23,559 $3,597 $19,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09019054

Midwest Real Estate Data (MRED)

APN: 08-28-319-008