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

Sale Details

Date Sold: July 8, 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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2024
Closed on
Jul 8, 2024
Sold by
Bought by
Seller's Agent
James Tammaro
RE/MAX 10
Buyer's Agent
John Jones
Paradigm Realty, L.L.C.
List Price
$282,500
Sold Price
$282,500
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,125
Interest Rate
0.075%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.0607%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$282,500 None Listed On Document
$165,000 Pntn
$135,000 Ticor Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $14,125
Open $277,382
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12041060

Midwest Real Estate Data (MRED)
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