NOT LISTED FOR SALE

Estimated Value: $296,000 - $351,000

4 Beds
3 Baths
1,285 Sq Ft
$248/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $184,000 $143 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,260/month

94 Days on Market

About This Home

As of November 2019

A most unique opportunity ! Legal non-conforming two unit property! Front unit is a two story cape cod style home with 3 bedrooms, 2 bathrooms, and a full basement. Rear unit is a separate cottage style coach house with one bedroom and one bathroom. Both units are currently rented to long-term tenants who could remain if new owner prefers. Leases are month-to-month, though, so this could also work for an owner-occupant who wants the bonus of rental income.... Front unit showed by appointment with the tenant and rear coach house will be shown during A/I with accepted offer.

Last Agent to Sell the Property

Alicia Snyder-Poulos

RE/MAX Partners License #471009100 Listed on: 06/26/2019

RE/MAX Partners

Co-Listed By

Allen Snyder

RE/MAX Partners License #471003335

Last Buyer's Agent

Holly Gawlik

Coldwell Banker Real Estate Group License #475183766

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,647

Year Built

  • Built in 1940

Lot Details

  • 7,492

Home Design

  • Cape Cod Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • Lot Dimensions are 60'x125'

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,647

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Year Built: 1940
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 189000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Frame

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 123

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60'X125'
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5647
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Nov 4, 2019
Sold by
First Midwest Bank
Bought by
Rosado Betzayda
Seller's Agent
Alicia Snyder-Poulos
RE/MAX Partners
Buyer's Agent
Holly Gawlik
Coldwell Banker Real Estate Group
List Price
$219,500
Sold Price
$184,000
Premium/Discount to List
-$35,500
-16.17%
Current Estimated Value
$318,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,963
Avg. Annual Appreciation
9.69%
Original Mortgage
$147,200
Outstanding Balance
$99,269
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$219,694

Purchase Details

Closed on
Aug 20, 2018
Sold by
Brosnan Timothy J and Brosnan Loriann Rydell
Bought by
Standard Bank And Trust Company and Trust No 17513

Purchase Details

Closed on
Dec 6, 2004
Sold by
Standard Bank & Trust Co
Bought by
Phelan Michael J and Brosnan Timothy J

Purchase Details

Closed on
Dec 5, 2002
Sold by
Phelan Michael J and Brosnan Timothy J
Bought by
Standard Bank & Trust Co and Trust #17514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
6.18%

Purchase Details

Closed on
Oct 28, 2002
Sold by
Kohs Kenneth J and Kohs Deborah M
Bought by
Phelan Michael J and Brosnan Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
6.18%

Purchase Details

Closed on
Feb 9, 1998
Sold by
Kohs Kenneth J
Bought by
Kohs Kenneth J and Kohs Deborah M
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
Rosado Betzayda $184,000 Greater Illinois Title
Standard Bank And Trust Company -- Attorney
Phelan Michael J -- --
Standard Bank & Trust Co -- --
Phelan Michael J -- First American Title
Kohs Kenneth J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosado Betzayda $147,200
Previous Owner Phelan Michael J $174,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $184,000 0.0% $143 / Sq Ft
10/31/2019 10/31/19 Off Market $184,000 -- --
09/28/2019 09/28/19 Pending -- -- --
09/17/2019 09/17/19 Price Changed $189,000 -3.0% $147 / Sq Ft
09/09/2019 09/09/19 Price Changed $194,900 -2.1% $152 / Sq Ft
08/13/2019 08/13/19 Price Changed $199,000 -4.8% $155 / Sq Ft
08/12/2019 08/12/19 Price Changed $209,000 -4.8% $163 / Sq Ft
06/26/2019 06/26/19 For Sale $219,500 -- $171 / 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 $6,882 $27,000 $4,300 $22,700
2023 $4,426 $27,000 $4,300 $22,700
2022 $4,426 $16,024 $3,740 $12,284
2021 $4,320 $16,023 $3,739 $12,284
2020 $5,343 $16,023 $3,739 $12,284
2019 $5,092 $15,683 $3,365 $12,318
2018 $5,568 $17,897 $3,365 $14,532
2017 $5,647 $17,897 $3,365 $14,532
2016 $4,492 $13,380 $2,804 $10,576
2015 $4,458 $13,380 $2,804 $10,576
2014 $4,418 $13,380 $2,804 $10,576
2013 $5,757 $19,140 $2,804 $16,336
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 10432728

Midwest Real Estate Data (MRED)

APN: 24-08-212-004-0000