NOT LISTED FOR SALE

Estimated Value: $192,000 - $233,000

4 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold March 26, 2015

Last sale price $72,000

Est. 197% increase in value since last sale

Current estimated payment $1,555/month

84 Days on Market

About This Home

As of March 2015

WELL MAINTAINED BRICK RANCH STYLE 2 UNIT. EACH WITH 2 BEDROOMS, ONE BATH, FULL BASEMENT, AND CENTRAL AIR. BUILDING PRICED TO SELL FAST AT 40K PER UNIT. THREE 4 UNIT'S AND ANOTHER 2-UNIT ALSO AVAILABLE IN THE SAME COMPLEX. BUY ONE OR MAKE US AN OFFER ON ALL.

Last Agent to Sell the Property

Marco Montoya

Midwest America Realty, Inc. License #475143648 Listed on: 12/02/2014

Last Buyer's Agent

Rutul Parekh

ARNI Realty Incorporated License #471021588

ARNI Realty Incorporated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1965

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 54x271x25x94x30x177
  • Irregular Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,064

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1965
  • Age: 41-50 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: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 80000
  • Lot Features: Irregular Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 54X271X25X94X30X177
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3063.7
  • Tax Year: 2013

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2018
Sold by
Bhavek Llc
Bought by
Nda Realty Llc
Current Estimated Value
$213,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 2, 2014
Closed on
Mar 25, 2015
Sold by
Md Properties Llc
Bought by
Bhavek Llc
Seller's Agent
Marco Montoya
Midwest America Realty, Inc.
Buyer's Agent
Rutul Parekh
ARNI Realty Incorporated
List Price
$80,500
Sold Price
$72,000
Premium/Discount to List
-$8,500
-10.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%

Purchase Details

Closed on
Apr 13, 2011
Sold by
Pickus Court Buildings Inc
Bought by
Md Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
4.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2009
Sold by
Sun Kim Chong Sung and Sun Kim Kyong
Bought by
Pickus Court Buildings Inc

Purchase Details

Closed on
Jul 13, 2007
Sold by
Chicago Title Land Trust Co
Bought by
Kim Chong Sung and Kim Kyong Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nda Realty Llc $728,000 First American Title
Bhavek Llc $576,000 Chicago Title Insurance Co
Md Properties Llc $660,000 Multiple
Pickus Court Buildings Inc -- None Available
Kim Chong Sung $1,008,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nda Realty Llc $546,000
Previous Owner Bhavek Llc $100,000,000
Previous Owner Md Properties Llc $462,000
Previous Owner Pickus Court Buildings Inc $90,000
Previous Owner Kim Chong Sung $756,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $72,000 -10.0% --
02/24/2015 02/24/15 Pending -- -- --
02/19/2015 02/19/15 Price Changed $80,000 -0.6% --
12/02/2014 12/02/14 For Sale $80,500 -- --
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 $4,715 $55,530 $11,193 $44,337
2023 $3,838 $50,007 $10,021 $39,986
2022 $3,838 $39,263 $8,577 $30,686
2021 $4,058 $38,920 $8,502 $30,418
2020 $4,110 $36,259 $7,921 $28,338
2019 $4,136 $33,225 $7,258 $25,967
2018 $4,509 $34,878 $9,245 $25,633
2017 $4,389 $30,857 $8,179 $22,678
2016 $4,143 $26,813 $7,107 $19,706
2015 $4,054 $30,324 $6,361 $23,963
2014 $3,064 $18,109 $5,250 $12,859
2012 $3,797 $19,619 $5,688 $13,931
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Source: Midwest Real Estate Data (MRED)

MLS Number: 08796144

Midwest Real Estate Data (MRED)

APN: 08-21-101-030