NOT LISTED FOR SALE

Estimated Value: $129,572 - $282,000

4 Beds
2 Baths
1,966 Sq Ft
$105/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $14,000 $7 Per Sq Ft

Est. 1,370% increase in value since last sale

Current estimated payment $1,127/month

103 Days on Market

Highlights

  • Living Room
  • 5-minute walk to Gresham Station
  • Family Room
  • Laundry Room
  • Dining Room

About This Home

As of April 2014

LOVELY, LARGE HOME AND IT IS LOCATED ON A BEAUTIFUL BLOCK. THE HOME FEATURES FOUR BEDROOMS, TWO BATHS, FULL BASEMENT AND MORE. THIS IS A REVERSE MORTGAGE FORECLOSURE. BUYER IS RESPONSIBLE FOR ANY AND ALL VILLAGE REQUIREMENTS, INSPECTIONS. PROPERTY IS BEING SOLD "AS IS". PROPERTY IS BEING SOLD SUBJECT TO 24 CFR 206.125 SELLER DOES NOT PROVIDE SURVEY OR TERMITE INSPECTION.

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty Inc License #471004755 Listed on: 12/19/2013

Last Buyer's Agent

James Pinson

HomeSmart Connect LLC License #475127730

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1885

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,966 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1966
  • Room Type: No additional rooms
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 4687
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2139.72
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2015
Sold by
Phoenix Home Restorations Inc
Bought by
Zerep Investment Group Llc
Current Estimated Value
$205,786

Purchase Details

Listed on
Dec 19, 2013
Closed on
Apr 23, 2014
Sold by
Fannie Mae
Bought by
Phoenix Home Restorations Inc
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
James Pinson
HomeSmart Connect LLC
List Price
$27,000
Sold Price
$14,000
Premium/Discount to List
-$13,000
-48.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.78%

Purchase Details

Closed on
Nov 27, 2012
Sold by
Lennan Carla
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 5, 2008
Sold by
Hawthorne James Carl and Hawthorne James C
Bought by
Hawthorne James Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.19%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 30, 2008
Sold by
Lennan Sherman and Lennan Carla
Bought by
Hawthorne James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.19%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 21, 1998
Sold by
Bankers Trust Co Of California Na
Bought by
Fiore John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.83%

Purchase Details

Closed on
Apr 17, 1998
Sold by
Brooks Isoroku
Bought by
Lennan Sherman and Lennan Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.83%

Purchase Details

Closed on
Jan 5, 1997
Sold by
Fiore John
Bought by
Brooks Isoroku

Purchase Details

Closed on
Jan 15, 1992
Sold by
Va
Bought by
Fiore John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zerep Investment Group Llc -- Attorney
Phoenix Home Restorations Inc -- Cti
Federal National Mortgage Association -- None Available
Hawthorne James Carl -- Transtar National Title
Hawthorne James C -- None Available
Fiore John R $42,000 --
Lennan Sherman $55,000 --
Brooks Isoroku -- --
Fiore John R $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hawthorne James Carl $216,000
Previous Owner Lennan Sherman $49,500
Previous Owner Fiore John R $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $14,000 0.0% $7 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
02/24/2014 02/24/14 Price Changed $14,000 -48.1% $7 / Sq Ft
12/19/2013 12/19/13 For Sale $27,000 -- $14 / 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
2025 $743 $4,453 $4,453 --
2024 $743 $4,453 $4,453 --
2023 $725 $3,515 $3,515 --
2022 $725 $3,515 $3,515 $0
2021 $709 $3,515 $3,515 $0
2020 $785 $3,515 $3,515 $0
2019 $708 $3,515 $3,515 $0
2018 $696 $3,515 $3,515 $0
2017 $2,632 $12,201 $3,046 $9,155
2016 $2,450 $12,201 $3,046 $9,155
2015 $2,241 $12,201 $3,046 $9,155
2014 $2,213 $11,898 $2,812 $9,086
2013 $2,169 $11,898 $2,812 $9,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08505984

Midwest Real Estate Data (MRED)

APN: 25-04-100-020-0000