Seller's Agent in 2024
Paulette Edwards
Coldwell Banker Realty
(773) 837-0383
11 in this area
152 Total Sales
Estimated Value: $499,000 - $2,374,731
7
Beds
5.5
Baths
5,500
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- Second Kitchen
- 0.44 Acre Lot
- Property is near a park
- Kenwood Academy High School Rated A-
- Fireplace in Primary Bedroom
- 4-minute walk to Houston Neighborhood Park
About This Home
As of October 2024**Captivating Investment Opportunity: 1880's Victorian & Brick Coach House** Welcome to a rare gem in the Kenwood/Hyde Park Community. Nestled on a sprawling 19,000+ square feet lot, this property presents an exceptional investment opportunity for savvy investors seeking prime real estate for development. **Property Highlights:** - **Historic Charm:** Built in the 1880s, the Victorian residence exudes timeless elegance, while the brick Coach House adds character and versatility to the property. - **Expansive Lot:** Spanning over 19,000 square feet, this sizable lot boasts a length of 284 feet, offering ample space for various development possibilities. - **Premier Location:** Situated in a coveted location, the property enjoys easy access to major amenities, renowned schools, and vibrant entertainment hubs, making it an ideal choice for prospective buyers. - **Alley Access:** With alley access on the entire east side and north end of the lot, developers have the convenience of easy ingress and egress for construction purposes, enhancing the appeal for potential projects. **Development Potential:** The generous lot size and strategic location make this property an excellent canvas for development projects such as: - **Row-Homes:** With the lot's dimensions, there's potential for the creation of row-homes, catering to the demand for upscale urban living. - **Condo Building:** Explore the possibility of constructing a modern condo building, offering luxury residences that capitalize on the area's desirability. - **Multi-Unit Development:** Utilize the vast space to develop a multi-unit residential complex, accommodating the growing demand for rental properties in the area. **Property Details:** - **Victorian Residence:** Offering approximately 5500 square feet of living space, the Victorian residence awaits restoration, presenting an opportunity to breathe new life into its historic charm. - **Brick Coach House:** Comprising approximately 3000 square feet, the Coach House provides additional space and potential for renovation or repurposing to suit your vision. **Renovation Opportunity:** While the Victorian and Coach House are in need of renovation, this presents a blank canvas for investors to reimagine and revitalize these structures, adding significant value to the property. **Don't Miss Out:** Rarely does an opportunity of this caliber present itself. Whether you're an experienced developer or an investor seeking to diversify your portfolio, this property offers endless potential and promises substantial returns on investment. Contact us today to schedule a viewing and unlock the possibilities that await with this remarkable real estate opportunity.
Last Agent to Sell the Property
Coldwell Banker Realty License #471011238 Listed on: 04/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,393
Year Built
- Built in 1880
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 285 x 69
- Paved or Partially Paved Lot
Parking
- 4 Car Detached Garage
- Expandable
- Parking Storage or Cabinetry
- Alley Access
- Driveway
- Off-Street Parking
- Off Alley Parking
- Parking Included in Price
Home Design
- Victorian Architecture
- Coach House
- Plaster
Interior Spaces
- 5,500 Sq Ft Home
- 3-Story Property
- Built-In Features
- Historic or Period Millwork
- Ceiling height of 10 feet or more
- Wood Burning Fireplace
- Decorative Fireplace
- Fireplace in Grand Entry Hall
- Family Room with Fireplace
- Great Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Library with Fireplace
- Recreation Room
- Wood Flooring
Kitchen
- Second Kitchen
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
Unfinished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Outdoor Fireplace
- Carriage House Parking
- Property is near a park
Community Details
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2024
Closed on
Oct 4, 2024
Sold by
Marquette Bank
Bought by
Aj2 Holdings Trust
Seller's Agent
Paulette Edwards
Coldwell Banker Realty
Buyer's Agent
Arkadiusz Szejgiec
Coldwell Banker Real Estate Group
List Price
$455,000
Sold Price
$455,000
Views
302
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$981,866
Avg. Annual Appreciation
198.97%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aj2 Holdings Trust | $455,000 | First American Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2024 10/16/24 | Sold | $455,000 | 0.0% | $83 / Sq Ft |
| 09/09/2024 09/09/24 | For Sale | $455,000 | 0.0% | $83 / Sq Ft |
| 06/25/2024 06/25/24 | Pending | -- | -- | -- |
| 05/17/2024 05/17/24 | Price Changed | $455,000 | -27.2% | $83 / Sq Ft |
| 04/04/2024 04/04/24 | For Sale | $625,000 | -- | $114 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $48,088 | $260,000 | $118,854 | $141,146 |
| 2023 | $47,419 | $236,703 | $95,850 | $140,853 |
| 2022 | $47,419 | $236,703 | $95,850 | $140,853 |
| 2021 | $46,393 | $236,703 | $95,850 | $140,853 |
| 2020 | $44,118 | $203,626 | $76,680 | $126,946 |
| 2019 | $44,469 | $221,334 | $76,680 | $144,654 |
| 2018 | $43,721 | $221,334 | $76,680 | $144,654 |
| 2017 | $32,681 | $157,890 | $63,261 | $94,629 |
| 2016 | $30,766 | $157,890 | $63,261 | $94,629 |
| 2015 | $28,933 | $157,890 | $63,261 | $94,629 |
| 2014 | $23,953 | $133,504 | $51,759 | $81,745 |
| 2013 | $23,461 | $133,504 | $51,759 | $81,745 |
Source: Public Records
Agents Affiliated with this Home
-
Paulette Edwards
-
Sybil Martin
Seller Co-Listing Agent in 2024
Sybil Martin
Coldwell Banker Realty
(773) 491-7217
14 in this area
178 Total Sales
-
Arkadiusz Szejgiec
Buyer's Agent in 2024
Arkadiusz Szejgiec
Coldwell Banker Real Estate Group
(773) 701-3046
1 in this area
31 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 12020593
APN: 20-11-110-010-0000
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