NOT LISTED FOR SALE

Estimated Value: $319,000 - $445,000

3 Beds
2 Baths
1,650 Sq Ft
$250/mo HOA Fee

Last Sold September 11, 2012

Last sale price $131,000 $79 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $2,595/month

14 Days on Market

Highlights

  • Home Office
  • 4-minute walk to Main Street Station
  • Hot Water Heating System
  • Lincoln Elementary School Rated A

About This Home

As of September 2012

THIS IS AN EXCELLENT OPPORTUNITY TO OWN A BEAUTIFUL REHABBED 3 BEDROOM 2 BATHROOM CONDO UNIT. THERE IS NOTHING TO DO HERE EVERYTHING HAS BEEN DONE. NEW KITCHEN, BATHROOMS, HARDWOOD FLOORS, LIGHT FIXTURES,S/S APPLIANCES, AND MORE. DON'T MISS OUT ON THIS GREAT DEAL THAT IS WALKING DISTANCE TO THE LAKE.

Last Listed By

Stratos Rounis

SR Realty Group Inc. License #471001432 Listed on: 07/03/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,035

Year Built

  • 1900

Lot Details

  • 0.62

HOA Fees

  • $250 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Home Office

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,035

Year Built

1900

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Type Attached: Condo
  • Unit Floor Level: G
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X17, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X7, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 17X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Den, Office
  • Master Bedroom: Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Den, Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 10X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1650

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 250
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: Farnsworth Hill

Schools

  • School District: 202
  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 30
  • Number Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2012
Closed on
Aug 23, 2012
Sold by
Waterfall Victoria Mortgage Trust 2011 & 1
Bought by
Elahi Sabba S
Seller's Agent
Stratos Rounis
SR Realty Group Inc.
Buyer's Agent
Jean Sekera
@properties Christie's International Real Estate
List Price
$119,900
Sold Price
$131,000
Premium/Discount to List
$11,100
9.26%
Total Days on Market
14
Current Estimated Value
$358,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,887
Avg. Annual Appreciation
8.25%
Original Mortgage
$91,700
Outstanding Balance
$17,562
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$341,325

Purchase Details

Closed on
Mar 8, 2011
Sold by
Powell Henry
Bought by
Waterfall Victoria Reo 2010 & 02 Llc

Purchase Details

Closed on
Apr 19, 2006
Sold by
Ritums Eduards U
Bought by
Powell Henry and Powell Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,400
Interest Rate
6.39%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 25, 1997
Sold by
First Bank & Trust Company
Bought by
Muresan Victor A and Muresan Hilde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
7.87%

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
Elahi Sabba S $655,000 None Available
Waterfall Victoria Reo 2011 & 02 Llc -- None Available
Waterfall Victoria Reo 2010 & 02 Llc -- None Available
Powell Henry $262,000 Lawyers
Muresan Victor A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elahi Sabba S $91,700
Previous Owner Powell Henry $52,400
Previous Owner Powell Henry $209,600
Previous Owner Ritums Eduards U $176,200
Previous Owner Muresan Victor A $116,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2012 09/11/12 Sold $131,000 0.0% $79 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
07/10/2012 07/10/12 Off Market $131,000 -- --
07/03/2012 07/03/12 For Sale $119,900 -- $73 / 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 $4,035 $20,792 $1,576 $19,216
2023 $4,035 $20,792 $1,576 $19,216
2022 $4,035 $20,792 $1,576 $19,216
2021 $3,793 $17,624 $1,134 $16,490
2020 $3,802 $17,624 $1,134 $16,490
2019 $3,688 $19,168 $1,134 $18,034
2018 $2,722 $13,372 $945 $12,427
2017 $2,667 $13,372 $945 $12,427
2016 $2,752 $13,372 $945 $12,427
2015 $2,986 $13,761 $803 $12,958
2014 $3,655 $13,761 $803 $12,958
2013 $3,571 $13,761 $803 $12,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08106094

Midwest Real Estate Data (MRED)

APN: 11-19-220-027-1007