NOT LISTED FOR SALE

Estimated Value: $125,000 - $328,000

4 Beds
2 Baths
704 Sq Ft
$333/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $35,000 $50 Per Sq Ft

Est. 570% increase in value since last sale

Current estimated payment $1,493/month

99 Days on Market

About This Home

As of February 2016

4 BEDROOM BRICK & FRAME 2 STORY. BANK OWNED-SOLD AS IS. PRESENT PRE-QUAL OR PROOF OF FUNDS WITH OFFER. NO SURVEY OR TERMITE PROVIDED. EM CERTIFIED FUNDS ONLY. NEEDS REHAB PLUMBING HEATING AND ELECTRICAL IN PLACE. NO FHA VA OR 203K, CASH ONLY

Last Agent to Sell the Property

Vernon Lilly

EXIT True Design Realty LLC License #471011774 Listed on: 10/01/2015

Last Buyer's Agent

Vernon Lilly

EXIT True Design Realty LLC License #471011774 Listed on: 10/01/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,625

Year Built

  • 1925

Lot Details

  • 3,746

Home Design

  • Brick Exterior Construction
  • Frame Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water
  • Shared Septic

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,625

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1925
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X12, On Level: Main Level
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level
  • Estimated Sq Ft: 704

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame

Utilities

  • Water: Lake Michigan
  • Sewer: Septic-Shared
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25 X 125
  • Parcel Identification Number: 25011070140000

Tax Info

  • Taxes: 1299.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2019
Sold by
Btre 2 Investments Llc
Bought by
Lighthouse Portfolio Holdings Llc
Current Estimated Value
$234,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,808,000
Outstanding Balance
$6,046,005
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
-$5,822,160

Purchase Details

Listed on
Oct 1, 2015
Closed on
Feb 16, 2016
Sold by
Jeff Bv Vacant Llc
Bought by
Btre-2 Investments Llc
Seller's Agent
Vernon Lilly
EXIT True Design Realty LLC
Buyer's Agent
Vernon Lilly
EXIT True Design Realty LLC
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%

Purchase Details

Closed on
Aug 27, 2015
Sold by
Hightower Jack
Bought by
Jeff Bv Vacant Llc

Purchase Details

Closed on
Apr 8, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Hightower Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2007
Sold by
Hamilton
Bought by
Hsbc Bank Usa Na and Fieldstone Mortgage Investment Trust Ser

Purchase Details

Closed on
Jul 19, 2006
Sold by
Wassong Realty Inc
Bought by
Hamilton Rogell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
6.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 12, 2005
Sold by
Locke Cooper Colette and Cooper Jarod
Bought by
Wassong Realty Inc

Purchase Details

Closed on
Jun 30, 1999
Sold by
Blackful Jermaine and Blackful Pamala R
Bought by
Locke Colette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,765
Interest Rate
7.28%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 1998
Sold by
Blackful Pamela R
Bought by
Blackful Jermaine and Blackful Pamela R

Purchase Details

Closed on
Sep 16, 1997
Sold by
The Chicago Trust Company
Bought by
Blackful Pamela R
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
Lighthouse Portfolio Holdings Llc -- Os National
Btre-2 Investments Llc $35,000 Barrister Title
Jeff Bv Vacant Llc -- Attorney
Hightower Jack $65,000 None Available
Hsbc Bank Usa Na -- None Available
Hamilton Rogell $220,000 Tristar Title Llc
Wassong Realty Inc $85,000 Cti
Locke Colette $60,000 --
Blackful Jermaine -- --
Blackful Pamela R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lighthouse Portfolio Holdings Llc $6,808,000
Previous Owner Btre 2 Investments Llc $1,750,000
Previous Owner Hightower Jack $72,000
Previous Owner Hamilton Rogell $33,000
Previous Owner Hamilton Rogell $187,000
Previous Owner Cooper Colette $63,900
Previous Owner Locke Colette $59,765
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2016 02/16/16 Sold $35,000 -13.6% $50 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
12/01/2015 12/01/15 Price Changed $40,500 -19.0% $58 / Sq Ft
10/01/2015 10/01/15 For Sale $50,000 -- $71 / 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 $2,625 $12,001 $2,813 $9,188
2023 $2,560 $12,412 $4,688 $7,724
2022 $2,560 $12,412 $4,688 $7,724
2021 $2,027 $12,410 $4,687 $7,723
2020 $2,709 $12,132 $3,375 $8,757
2019 $2,686 $13,332 $3,375 $9,957
2018 $2,809 $14,186 $3,375 $10,811
2017 $1,512 $7,006 $3,000 $4,006
2016 $1,407 $7,006 $3,000 $4,006
2015 $1,287 $7,006 $3,000 $4,006
2014 $1,299 $6,986 $2,250 $4,736
2013 $1,274 $6,986 $2,250 $4,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09054234

Midwest Real Estate Data (MRED)

APN: 25-01-107-014-0000