NOT LISTED FOR SALE

Estimated Value: $382,000 - $483,000

10 Beds
3 Baths
2,147 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $487,000 $227 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,501/month

318 Days on Market

Highlights

  • Guest House
  • 0.41 Acre Lot
  • 6 Car Garage
  • Multiple Garages
  • Garage ceiling height seven feet or more
  • 5-minute walk to Nat King Cole Park

About This Home

As of July 2024

CALLING ALL INVESTORS -STUNNING, one of a kind, Legal Brick 3 unit with a separate Coach House for 4 total units, with buildable fenced side lot and 6 garage spaces in the HOT Chatham Area. Terrific opportunity for a savvy investor to live in one unit and collect rent in the other THREE units or live with extended family. WOW-WOW The main house features an updated roof, windows, tuckpointing, boiler and landscaping on the exterior. On the interior all 3 units feature updated or BRAND NEW appliances, stainless steel appliances, updated ceramic bath, deep tubs and glass mosaics. Units #3 and #2 are 3 bed, 1 bath, oversized living room and dining room with large kitchens. The garden unit features 2 beds 1 bath and can quickly be 3 bedrooms to collect more rent. The Coach House has 2 bedrooms, updated kitchen, new appliances, open concept living room and an attached 2 car garage. The exterior features a fully fenced in yard and 2 separate garages. The main garage has room for 4 cars, the second garage has room for 2 cars in tandem. Top ranked Jane A Neil School and Nat King Cole Park which features GREAT LOCATION. SHOPPING, RESTAURANTS and I94 minutes away. THIS HOME IS MOVE-IN READY. Bring your pickiest buyer to this MUST see home while it lasts. Schedule an appointment today!!! This building will be delivered vacant and is ready for YOUR vision and your tenants. Are you ready to be a homeowner and Collect rent?

Last Agent to Sell the Property

Adam Zawada

Adam Zawada License #471022757 Listed on: 06/09/2023

Adam Zawada

Last Buyer's Agent

Kendra Evans

Kendra Evans License #471019302

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,017

Year Built

  • Built in 1923

Lot Details

  • 0.41 Acre Lot
  • Additional Parcels

Parking

  • 6 Car Garage
  • Multiple Garages
  • Garage ceiling height seven feet or more
  • Tandem Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Additional Homes

  • Guest House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,017

Year Built

Built in 1923

Lot Details

0

Parking

6

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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 3
  • Total Bedrooms: 10
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Guest House
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 6
  • ParkingTotal: 6
  • Garage Details: Garage Door Opener(s),Tandem,7 Foot or more high garage door,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.41
  • Lot Dimensions: 50.32
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4017
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,Coach House

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 24, 2024
Sold by
Love Phyllis
Bought by
Sanford-Taylor Nicole J
Seller's Agent
Adam Zawada
Adam Zawada
Buyer's Agent
Kendra Evans
Kendra Evans
List Price
$496,999
Sold Price
$487,000
Premium/Discount to List
-$9,999
-2.01%
Views
1108
Current Estimated Value
$425,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,743
Avg. Annual Appreciation
-10.20%
Original Mortgage
$24,350
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2020
Sold by
Love Phyllis and Hickman Ruth
Bought by
Love Phyllis
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sanford-Taylor Nicole J $487,000 None Listed On Document
Love Phyllis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sanford-Taylor Nicole J $24,350
Open Sanford-Taylor Nicole J $478,179
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $487,000 -2.0% $227 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $496,999 0.0% $231 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $496,999 0.0% $231 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $496,999 +2.1% $231 / Sq Ft
11/30/2023 11/30/23 Off Market $487,000 -- --
11/18/2023 11/18/23 Price Changed $496,999 -2.2% $231 / Sq Ft
10/19/2023 10/19/23 For Sale $507,999 0.0% $237 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
08/31/2023 08/31/23 Price Changed $507,999 -2.3% $237 / Sq Ft
08/01/2023 08/01/23 For Sale $519,999 0.0% $242 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $519,999 -- $242 / 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 $3,172 $19,501 $3,668 $15,833
2023 $3,053 $21,000 $4,890 $16,110
2022 $3,053 $21,000 $4,890 $16,110
2021 $3,017 $21,000 $4,890 $16,110
2020 $2,230 $15,595 $3,912 $11,683
2019 $2,203 $17,138 $3,912 $13,226
2018 $2,164 $17,138 $3,912 $13,226
2017 $2,878 $19,446 $3,423 $16,023
2016 $3,037 $19,446 $3,423 $16,023
2015 $2,739 $19,446 $3,423 $16,023
2014 $2,446 $17,589 $2,934 $14,655
2013 $2,379 $17,589 $2,934 $14,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11803807

Midwest Real Estate Data (MRED)

APN: 20-34-321-013-0000