NOT LISTED FOR SALE

Estimated Value: $229,000

8 Beds
4 Baths
1,012 Sq Ft
$226/Sq Ft Est. Value

Last Sold November 12, 2014

Last sale price $25,000 $25 Per Sq Ft

Est. 816% increase in value since last sale

Current estimated payment $1,246/month

11 Days on Market

About This Home

As of November 2014

SELLING IN AS IS CONDITION WITH NO SURVEY OR TERMITE PROVIDED BY THE SELLER. SELLER WILL NOT TURN ON THE UTILITIES BUYER RESPONSIBLE FOR ANY ALL REPAIRS. EM MUST BE CERTIFIED FUNDS. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, and room count is deemed reliable but not guaranteed.

Last Agent to Sell the Property

Jesse Macias

Parks Homes Real Estate Inc License #471005523 Listed on: 10/30/2014

Last Buyer's Agent

Jesse Macias

Parks Homes Real Estate Inc License #471005523 Listed on: 10/30/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • Slab Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Frame

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Other
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25X125
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 3287.29
  • Tax Year: 2012

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat,Coach House

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2014
Closed on
Nov 12, 2014
Sold by
Sanchez David
Bought by
Perez Benjamin A
Seller's Agent
Jesse Macias
Parks Homes Real Estate Inc
Buyer's Agent
Jesse Macias
Parks Homes Real Estate Inc
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%
Current Estimated Value
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,000
Avg. Annual Appreciation
22.40%

Purchase Details

Closed on
Nov 10, 2011
Sold by
Metrobank
Bought by
Sanchez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 28, 2011
Sold by
Zapien Amaury
Bought by
Metropolitan Bank & Trust Company

Purchase Details

Closed on
Nov 5, 2008
Sold by
The Bank Of New York Trust Company Na
Bought by
Zapien Amaury

Purchase Details

Closed on
Jun 26, 2008
Sold by
Tamayo Trinidad
Bought by
The Bank Of New York Trust Co Na and Jp Morgan Chase Bank Na

Purchase Details

Closed on
Jul 8, 2004
Sold by
Tamayo Trinidad
Bought by
Tamayo Trinidad and Tamayo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 17, 1997
Sold by
Reyes Guillermo and Reyes Yolanda
Bought by
Tamayo Trinidad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,810
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1993
Sold by
Maurukas Rimas
Bought by
Reyes Guillermo and Reyes Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
6.93%
Mortgage Type
Seller Take Back
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
Perez Benjamin A -- Chicago Title Insurance Co
Sanchez David $20,000 Cti
Metropolitan Bank & Trust Company -- None Available
Zapien Amaury $29,000 First American
The Bank Of New York Trust Co Na -- None Available
Tamayo Trinidad -- Residential Title Services
Tamayo Trinidad $62,000 Attorneys Natl Title Network
Reyes Guillermo $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez David $17,000
Previous Owner Tamayo Trinidad $80,000
Previous Owner Tamayo Trinidad $61,810
Previous Owner Reyes Guillermo $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2014 11/12/14 Sold $25,000 -16.7% $25 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
10/30/2014 10/30/14 For Sale $30,000 -- $30 / 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 $506 $1,800 $1,800 --
2023 $494 $2,400 $2,400 --
2022 $494 $2,400 $2,400 $0
2021 $483 $2,400 $2,400 $0
2020 $668 $3,000 $3,000 $0
2019 $603 $3,000 $3,000 $0
2018 $4,981 $25,214 $3,000 $22,214
2017 $4,133 $19,201 $2,700 $16,501
2016 $3,846 $19,201 $2,700 $16,501
2015 $3,519 $19,201 $2,700 $16,501
2014 $3,399 $18,319 $2,550 $15,769
2013 $3,332 $18,319 $2,550 $15,769
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 08766558

Midwest Real Estate Data (MRED)

APN: 20-06-424-033-0000