NOT LISTED FOR SALE

Estimated Value: $365,000 - $431,000

3 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold July 30, 2012

Last sale price $65,625

Est. 510% increase in value since last sale

Current estimated payment $2,930/month

168 Days on Market

About This Home

As of July 2012

GREAT INVESTMENT OPPORTUNITY! 2UNIT WITH BASEMENT, CLOSE TO SCHOOLS, SHOPPING AND TRANSPORTATION. PROPERTY BEING SOLD AS-IS. NO DISCLOSURES OR SURVEY PROVIDED. EM MUST BE CERT-FUNDS. PRE-APP OR PROOF OF FUNDS MUST ACCOMPANY ALL OFFERS. BUYER RESPONSIBLE FOR ANY VILLAGE REQUIREMENTS, INSPECTIONS, FEES REPAIRS AND OR ESCROWS. SPECIAL ADDENS REQ

Last Agent to Sell the Property

Susanne Lenz-Cassara

RCI Real Estate Group Listed on: 01/26/2012

Last Buyer's Agent

Justin Leggett

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $9,612

Year Built

  • 1923

Lot Details

  • 4,356

Home Design

  • Frame Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Property Details

Home Type

Other

Est. Annual Taxes

$9,612

Year Built

1923

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Type-Multi: 2 Flat, 2 Story Unit/s
  • Built Before 1978 (Y/N): Yes
  • Special Features: 20
  • Year Built: 1923

Interior Features

  • Number Of Rooms: 10
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: 36 X 125

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2016
Sold by
Grant John C and Grant Molly
Bought by
1242 Marengo Llc
Current Estimated Value
$400,020

Purchase Details

Closed on
Dec 17, 2013
Sold by
1242 Marengo Llc
Bought by
Grant John C and Grant Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 26, 2012
Closed on
Aug 16, 2012
Sold by
Grant John
Bought by
1242 Marengo Llc
Seller's Agent
Susanne Lenz-Cassara
RCI Real Estate Group
Buyer's Agent
Justin Leggett
List Price
$109,900
Sold Price
$65,625
Premium/Discount to List
-$44,275
-40.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%

Purchase Details

Listed on
Jan 26, 2012
Closed on
Jul 16, 2012
Sold by
Deutsche Bank Trust Company Americas
Bought by
Grant John
Seller's Agent
Susanne Lenz-Cassara
RCI Real Estate Group
Buyer's Agent
Justin Leggett
List Price
$109,900
Sold Price
$65,625
Premium/Discount to List
-$44,275
-40.29%

Purchase Details

Closed on
May 2, 2011
Sold by
Porayko William
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 24, 1999
Sold by
Schaeffer Linda B
Bought by
Porayko William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
7.25%
Mortgage Type
Commercial
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
1242 Marengo Llc -- Attorney
Grant John C -- Ravenswood Title Company Llc
1242 Marengo Llc -- None Available
Grant John $65,625 None Available
Deutsche Bank National Trust Company -- None Available
Porayko William $148,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grant John C $168,000
Previous Owner Porayko William $140,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2012 07/30/12 Sold $65,625 -20.9% --
07/12/2012 07/12/12 Pending -- -- --
05/25/2012 05/25/12 Price Changed $83,000 -7.7% --
05/24/2012 05/24/12 Price Changed $89,900 -10.0% --
05/02/2012 05/02/12 Price Changed $99,900 -4.8% --
03/06/2012 03/06/12 Price Changed $104,900 -4.5% --
01/26/2012 01/26/12 For Sale $109,900 -- --
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 $9,612 $32,000 $3,375 $28,625
2023 $9,777 $32,000 $3,375 $28,625
2022 $9,777 $27,280 $2,588 $24,692
2021 $9,287 $27,279 $2,587 $24,692
2020 $9,050 $27,279 $2,587 $24,692
2019 $9,914 $28,155 $2,362 $25,793
2018 $9,709 $28,155 $2,362 $25,793
2017 $9,496 $28,155 $2,362 $25,793
2016 $6,908 $19,277 $2,137 $17,140
2015 $6,800 $19,277 $2,137 $17,140
2014 $6,672 $19,277 $2,137 $17,140
2013 $6,532 $20,197 $2,137 $18,060
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07982780

Midwest Real Estate Data (MRED)

APN: 15-24-203-018-0000