NOT LISTED FOR SALE

Estimated Value: $244,008 - $343,000

4 Beds
2 Baths
1,537 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $39,000 $25 Per Sq Ft

Est. 589% increase in value since last sale

Current estimated payment $1,624/month

81 Days on Market

About This Home

As of May 2016

Attractive brick two unit and it is located on a nice block. This building has upgraded baths a three bedroom unit and a one bedroom unit. This building has low taxes, is priced to sell and has tons of potential!! Great schools and shopping are nearby. Lot/room sizes estimated.

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty, Inc. License #471004755 Listed on: 01/28/2016

Last Buyer's Agent

Edna Thompson

Coldwell Banker Realty License #475150683

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1924

Lot Details

  • 4,182

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,998

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 44900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 4170
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1998
  • Tax Year: 2014

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2016
Sold by
O Brien & O Brien Llc
Bought by
Jenkins Devallarie R
Current Estimated Value
$268,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,232
Outstanding Balance
$170,828
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$116,192

Purchase Details

Listed on
Jan 28, 2016
Closed on
May 9, 2016
Sold by
Us Bank Trust Na
Bought by
O Brien And O Brien Llc
Seller's Agent
Gary Weglarz
Applebrook Realty, Inc.
Buyer's Agent
Edna Thompson
Coldwell Banker Realty
List Price
$54,900
Sold Price
$39,000
Premium/Discount to List
-$15,900
-28.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.08%

Purchase Details

Closed on
Sep 4, 2015
Sold by
Vaid Mohammad
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Dec 18, 2006
Sold by
Vaid Mohammad and Vaid Khatija
Bought by
Vaid Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
8.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Glover Ernest L and Roberson Tamara A
Bought by
Vaid Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 31, 1999
Sold by
Walker Lisa T
Bought by
Glover Ernest L and Roberson Tamara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,841
Interest Rate
7.93%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1997
Sold by
Hud
Bought by
Walker Lisa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,475
Interest Rate
7.43%
Mortgage Type
FHA
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
Jenkins Devallarie R $208,000 First American Title
O Brien And O Brien Llc $39,000 First American Title
Us Bank Trust Na -- Attorney
Vaid Mohammad -- Ticor Title Co Of California
Vaid Mohammad $140,000 First American Title Ins Co
Glover Ernest L $102,000 Chicago Title Insurance Co
Walker Lisa T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Devallarie R $7,452
Open Jenkins Devallarie R $16,403
Open Jenkins Devallarie R $204,232
Previous Owner Vaid Mohammad $144,500
Previous Owner Vaid Mohammad $140,000
Previous Owner Glover Ernest L $101,841
Previous Owner Walker Lisa T $63,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $39,000 -13.1% $25 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
03/21/2016 03/21/16 Price Changed $44,900 -10.0% $29 / Sq Ft
02/21/2016 02/21/16 Price Changed $49,900 -9.1% $32 / Sq Ft
01/28/2016 01/28/16 For Sale $54,900 -- $36 / 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 $1,837 $9,201 $3,128 $6,073
2023 $1,770 $12,001 $5,213 $6,788
2022 $1,770 $12,001 $5,213 $6,788
2021 $1,748 $11,999 $5,212 $6,787
2020 $1,894 $11,583 $3,753 $7,830
2019 $1,873 $12,729 $3,753 $8,976
2018 $1,840 $12,729 $3,753 $8,976
2017 $2,887 $13,383 $3,336 $10,047
2016 $2,185 $13,383 $3,336 $10,047
2015 $1,977 $13,383 $3,336 $10,047
2014 $1,998 $13,309 $2,502 $10,807
2013 $1,947 $13,309 $2,502 $10,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09126163

Midwest Real Estate Data (MRED)

APN: 26-06-125-008-0000