$323,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $1,902/month

Total Views 4,151
3 Beds
2 Baths
1,295 Sq Ft
$249 Price per Sq Ft

Highlights

  • Living Room
  • 1-Story Property
  • Dining Room
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap rate. This fully renovated, tenant-occupied property is a hassle-free addition to any investor's portfolio. Whether you're an experienced investor or a regular buyer looking for a move-in-ready home, this is a fantastic opportunity to own a well-maintained property with immediate rental income potential.

Listing Agent

Kamil Nowakowski

United Real Estate Elite License #471010335 Listed on: 02/26/2025

United Real Estate Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 1955 | Remodeled in 2024

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,295 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,699

Year Built

Built in 1955 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1295
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 323000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3750
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1698.66
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Map

Range of Values:

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Average Value
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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

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 $1,699 $14,601 $2,813 $11,788
2023 $1,618 $14,001 $4,688 $9,313
2022 $1,618 $14,001 $4,688 $9,313
2021 $1,614 $13,999 $4,687 $9,312
2020 $1,223 $11,061 $3,375 $7,686
2019 $1,205 $12,155 $3,375 $8,780
2018 $989 $12,155 $3,375 $8,780
2017 $2,649 $12,280 $3,000 $9,280
2016 $2,465 $12,280 $3,000 $9,280
2015 $2,256 $12,280 $3,000 $9,280
2014 $1,402 $12,223 $2,250 $9,973
2013 $1,407 $12,223 $2,250 $9,973
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 For Sale $323,000 0.0% $249 / Sq Ft
09/17/2024 09/17/24 Rented $1,838 -23.4% --
07/02/2024 07/02/24 Under Contract -- -- --
07/02/2024 07/02/24 For Rent $2,400 0.0% --
05/25/2023 05/25/23 Sold $110,000 +10.0% $85 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $100,000 0.0% $77 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
12/20/2022 12/20/22 Price Changed $100,000 -9.1% $77 / Sq Ft
12/13/2022 12/13/22 For Sale $110,000 -- $85 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $117,000 First American Title
Special Warranty Deed $110,000 First American Title
Trustee Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $150,000 Construction
Open $415,000 Credit Line Revolving
Closed $182,000 Construction
Previous Owner $247,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12299300

Midwest Real Estate Data (MRED)

APN: 25-01-231-012-0000