NOT LISTED FOR SALE

Estimated Value: $261,000 - $320,000

7 Beds
3 Baths
1,956 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $270,000 $138 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,688/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • Fenced Yard

About This Home

As of May 2024

Investment Opportunity! Welcome to this 2 unit with Garden Apartment situated in the beautiful of Auburn Gresham neighborhood. The 1st floor offers a 3 BEDROOM / PRIVATE ENTRY FRONT & BACK / EAT-IN KITCHEN. The 2nd floor unit has its own entrance, large kitchen 3 bedrooms and full bath. The Garden Apartment with its own entrance is freshly updated with new kitchen cabinets and new refrigerator. Electric & gas for 1st and 2nd floor units is separately metered. 2 car garage parking. Purchase to live in one and rent out the others or great income producing 3 unit. This is an AS IS sale.

Last Agent to Sell the Property

Deanna Mihalek

Baird & Warner License #475132136 Listed on: 04/18/2024

Baird & Warner

Last Buyer's Agent

Isabel Torres

YUB Realty Inc License #475206393

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1913

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Cape Cod Architecture

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Schools

  • Ryder Elementary School Math & S
  • Harlan Community Academy Senior High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $29,496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,444

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Ryder Elementary School Math & S
  • High School: Harlan Community Academy Senior

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 3906
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 29496
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 1443.87
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 28, 2024
Sold by
Sheppard Durrell
Bought by
Torres Isabel G
Seller's Agent
Deanna Mihalek
Baird & Warner
Buyer's Agent
Isabel Torres
YUB Realty Inc
List Price
$270,000
Sold Price
$270,000
Views
35
Current Estimated Value
$294,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,861
Avg. Annual Appreciation
5.42%
Original Mortgage
$265,109
Outstanding Balance
$260,862
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$33,999

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 28, 2023
Sold by
Habo Investments 2 Llc
Bought by
Sheppard Durrell
Seller's Agent
Samantha Swaney
GC Realty and Development
Buyer's Agent
Deanna Mihalek
Baird & Warner
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.50%
Original Mortgage
$218,500
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2012
Sold by
Gcd Properties Llc
Bought by
Habo Investments 2 Llc

Purchase Details

Closed on
Sep 2, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gcd Properties Llc

Purchase Details

Closed on
Oct 19, 2010
Sold by
Dubose
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 28, 2000
Sold by
Dubose Cleaven
Bought by
Dubose Cleaven
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

Date Buyer Sale Price Title Company
Torres Isabel G $270,000 None Listed On Document
Sheppard Durrell $230,000 Old Republic Title
Habo Investments 2 Llc -- None Available
Gcd Properties Llc $33,000 First American
Federal Home Loan Mortgage Corp -- None Available
Dubose Cleaven -- The Guarantee Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Isabel G $265,109
Previous Owner Sheppard Durrell $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold $270,000 0.0% $138 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $270,000 +17.4% $138 / Sq Ft
07/05/2023 07/05/23 Sold $230,000 +2.3% $118 / Sq Ft View Prior Sale
06/02/2023 06/02/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $224,900 0.0% $115 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $224,900 -- $115 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,480 $15,000 $3,711 $11,289
2024 $1,480 $15,000 $3,711 $11,289
2023 $1,444 $7,001 $2,930 $4,071
2022 $1,444 $7,001 $2,930 $4,071
2021 $1,411 $6,999 $2,929 $4,070
2020 $1,895 $8,485 $2,929 $5,556
2019 $1,878 $9,325 $2,929 $6,396
2018 $1,847 $9,325 $2,929 $6,396
2017 $2,151 $9,971 $2,538 $7,433
2016 $2,002 $9,971 $2,538 $7,433
2015 $1,832 $9,971 $2,538 $7,433
2014 $1,920 $10,323 $2,343 $7,980
2013 $2,052 $11,255 $2,343 $8,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12025440

Midwest Real Estate Data (MRED)

APN: 25-04-120-033-0000