NOT LISTED FOR SALE
5 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: November 17, 2023

Last sale price $440,000

5 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of November 2023

This property is an excellent opportunity for homeowners and investors alike. It is a well-maintained legal 2-unit building situated in the Appreciating Austin neighborhood. The first-level unit boasts Tall Ceilings, 2 bedrooms, 1 bath, a living room, a dining room, and an updated kitchen with an eat-in space. The second-level unit offers Tall Ceiling, 3 bedrooms, 1 bath, a living room, a dining room, and an updated kitchen. The finished basement includes 1 bedroom, 1 bath, and a living room. Additionally, there is a 2-car garage, central air, and laundry hook-up in the basement for your convenience. This property is currently owner-occupied and will be left vacant at closing, providing the option for your family to move in or for you to receive market rent to offset housing expenses. You also have the potential to earn rental income like comparable properties rented at $1650-$1750 (see MLS #11739118 and MLS #11776445), garage parking income, or by adding a coined op laundry in the basement. The property has been maintained by its owners but is being sold As-is.

Last Agent to Sell the Property

Javier Hernandez

eXp Realty License #475187701 Listed on: 09/28/2023

eXp Realty

Last Buyer's Agent

Rose Ramirez-Espinosa

Net Realty Corp License #475118331

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,534

Year Renovated

  • 2018

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,534

Year Renovated

2018

Lot Details

3,049 Sq Ft Lot

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
  • 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: 3
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • 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: 6533.86
  • Tax Year: 2021
  • 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
Sep 28, 2023
Closed on
Nov 11, 2023
Sold by
Bought by
Seller's Agent
Javier Hernandez
eXp Realty
Buyer's Agent
Rose Ramirez-Espinosa
Net Realty Corp
List Price
$415,000
Sold Price
$440,000
Premium/Discount to List
$25,000
6.02%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,030
Interest Rate
0.0759%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 18, 2018
Closed on
Dec 14, 2018
Sold by
Bought by
Seller's Agent
Marika Kakhiani
Pedestal Realty LLC
Buyer's Agent
Arturo Escobar
Keller Williams Thrive
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$294,566
Interest Rate
0.0562%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2018
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 2001
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
$153,000
Interest Rate
0.085%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 1999
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
$117,300
Interest Rate
0.0679%
Mortgage Type
Commercial
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
$440,000 Premier Title
$300,000 Attorneys Title Guaranty Fun
$77,000 Fidelity National Title
-- None Available
-- Midwest Land Title Inc
-- Advantage 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 $433,703
Closed $432,030
Closed $294,566
Previous Owner $153,000
Previous Owner $117,300
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
11/17/2023 11/17/23 Sold $440,000 +6.0% --
10/04/2023 10/04/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $415,000 +38.3% --
12/14/2018 12/14/18 Sold $300,000 0.0% -- View Prior Sale
10/28/2018 10/28/18 Pending -- -- --
10/21/2018 10/21/18 Price Changed $300,000 -1.6% --
10/10/2018 10/10/18 Price Changed $305,000 -1.0% --
10/01/2018 10/01/18 Price Changed $308,000 -0.6% --
09/18/2018 09/18/18 For Sale $310,000 -- --
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 $5,666 $41,300 $3,780 $37,520
2024 $5,666 $41,300 $3,780 $37,520
2023 $4,820 $27,705 $2,993 $24,712
2022 $4,820 $27,705 $2,993 $24,712
2021 $6,534 $32,492 $2,992 $29,500
2020 $2,913 $13,078 $2,677 $10,401
2019 $2,986 $14,862 $2,677 $12,185
2018 $769 $3,895 $2,677 $1,218
2017 $3,908 $18,153 $2,362 $15,791
2016 $3,636 $18,153 $2,362 $15,791
2015 $3,326 $18,153 $2,362 $15,791
2014 $2,798 $15,078 $2,205 $12,873
2013 $2,742 $15,078 $2,205 $12,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11895251

Midwest Real Estate Data (MRED)
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