NOT LISTED FOR SALE

Estimated Value: $232,000 - $400,000

5 Beds
2 Baths
2,316 Sq Ft
$135/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $184,500 $80 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,791/month

114 Days on Market

About This Home

As of January 2023

ATTN INVESTORS!!! Must see to appreciate. Come and see this well maintained Two Flat. First Floor has Three Bedrooms plus a large dinning room, living room, front room and good size kitchen. With access to full unfinished basement. Laundry can be setup in basement. Second Floor Unit has Large Kitchen, Dining room, Living Room, Two Bedrooms plus storage. Two parking spaces in back off alley. House offers a large patio too. Both units will be empty at closing. Sold As-Is

Last Agent to Sell the Property

Daniel Ware

EXIT Strategy Realty License #475187695 Listed on: 08/14/2022

EXIT Strategy Realty

Last Buyer's Agent

Edgar Yuquilima

Real People Realty Inc License #475196910

Real People Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1902

Lot Details

  • 4,748

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 126x38x126x38

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,369

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1902
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • 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

  • Foundation Details: Concrete Perimeter
  • List Price: 200000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Masonite

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 126X38X126X38
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1368.86
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

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

Listed on
Aug 14, 2022
Closed on
Jan 4, 2023
Sold by
Ware Ernest and Ware Maxine
Bought by
Miranda Luis H Chimborazo
Seller's Agent
Daniel Ware
EXIT Strategy Realty
Buyer's Agent
Edgar Yuquilima
Real People Realty Inc
List Price
$200,000
Sold Price
$184,500
Premium/Discount to List
-$15,500
-7.75%
Views
39
Current Estimated Value
$312,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,900
Avg. Annual Appreciation
21.47%
Original Mortgage
$129,150
Outstanding Balance
$125,659
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$181,474
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
Miranda Luis H Chimborazo $184,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Luis H Chimborazo $129,150
Previous Owner Ware Ernest $6,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $184,500 -7.8% $80 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $200,000 0.0% $86 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/14/2022 08/14/22 For Sale $200,000 -- $86 / 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 $1,062 $21,000 $5,670 $15,330
2023 $996 $11,000 $4,489 $6,511
2022 $996 $11,000 $4,489 $6,511
2021 $872 $10,999 $4,488 $6,511
2020 $1,369 $17,757 $4,016 $13,741
2019 $1,365 $19,730 $4,016 $15,714
2018 $1,344 $19,730 $4,016 $15,714
2017 $1,294 $12,761 $3,543 $9,218
2016 $1,875 $15,192 $3,543 $11,649
2015 $1,803 $15,192 $3,543 $11,649
2014 $1,787 $14,368 $3,307 $11,061
2013 $1,793 $14,368 $3,307 $11,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11491517

Midwest Real Estate Data (MRED)

APN: 16-04-323-011-0000