NOT LISTED FOR SALE
6 Beds
2 Baths
-- Sq Ft
1961 Built

Last Sold July 08, 2024

Last sale price $282,500

12 Days on Market

About This Home

As of July 2024

All brick 2-flat that features 2 large 3-bedroom , 1-bath units. Tenants are separately metered for electric & heat. The first floor features a large living room with hardwood floors. The 3 bedrooms also feature hardwood floors. The bathroom has been also been updated & features ceramic tile. There is a large eat-in kitchen The second floor features a large living room with carpeting, 3 bedrooms with carpeting, updated bathroom with ceramic tile, and a large eat-in kitchen with ceramic tile. There is a large unfinished basement with a bar and leased washer & dryer and a 1/2 bath. New updates include two new new boilers -[2023], a new hot water tank [2023], and a newer hot water tank in 2020. The property also features a 2 1/2 car garage, concrete patio, and a large lot. It is located in a quiet residential neighborhood. Move into the 1st floor and collect rent for the 2nd floor. This exceptional property awaits its new owner !

Last Agent to Sell the Property

James Tammaro

RE/MAX 10 License #475114220 Listed on: 04/27/2024

RE/MAX 10

Last Buyer's Agent

John Jones

Paradigm Realty, L.L.C. License #475155078

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,647

Year Built

  • Built in 1961

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 142 x 89 x 111

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $450
  • Fuel Expense $500
  • Insurance Expense $2,600
  • Maintenance Expense $500
  • Professional Management Expense $300
  • Trash Expense $800
  • Water Sewer Expense $2,100
  • Gross Income $35,400
  • Net Operating Income $18,503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,647

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 300
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 800
  • Water Sewer Expenses: 2100
  • Trash Expense Year: 24

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 142 X 89 X 111
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 18503
  • Fuel Expense: 500
  • Insurance Expense: 2600
  • ElectricExpense: 450
  • GrossIncome: 35400
  • Maintenance Expense: 500
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 9647
  • Tax Year: 2022
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold $282,500 0.0% --
05/10/2024 05/10/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $282,500 0.0% --
05/04/2024 05/04/24 Pending -- -- --
04/27/2024 04/27/24 For Sale $282,500 -- --
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
2025 $9,136 $17,188 $1,749 $15,439
2024 $9,136 $17,188 $1,749 $15,439
2023 $9,647 $17,188 $1,749 $15,439
2022 $9,647 $15,264 $1,749 $13,515
2021 $9,264 $15,263 $1,748 $13,515
2020 $8,969 $15,263 $1,748 $13,515
2019 $10,232 $17,766 $1,624 $16,142
2018 $10,369 $18,939 $1,624 $17,315
2017 $9,913 $18,939 $1,624 $17,315
2016 $9,102 $16,975 $1,499 $15,476
2015 $8,999 $16,975 $1,499 $15,476
2014 $8,919 $16,975 $1,499 $15,476
2013 $6,803 $13,445 $1,499 $11,946
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Source: Midwest Real Estate Data (MRED)

MLS Number: 12041060

Midwest Real Estate Data (MRED)