NOT LISTED FOR SALE
9 Beds
5 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold January 15, 2021

Last sale price $260,000

216 Days on Market

Highlights

  • Balcony
  • Baseboard Heating
  • Paved or Partially Paved Lot
  • 4 Car Detached Garage

About This Home

As of January 2021

DON'T MISS THIS OPPORTUNITY TO INVEST IN A WELL MAINTAINED, FULLY OCCUPIED 4 UNIT, SOLID BRICK BUILDING! THIS PROPERTY FEATURES AN OWNERS UNIT WITH 3 BEDROOMS AND AN MASTER BATH. THIS LARGER UNIT DUPLEXES INTO THE FINISHED BASEMENT. THE OTHER SPACIOUS UNITS HAVE 2 BEDROOMS AND 1 BATH!! INCLUDED IN THE LOWER LEVEL IS A COIN OPERATED WASHER AND DRYER(INCOME STREAM), INDIVIDUAL STORAGE FOR EACH UNIT!! THE HEATING UNIT WAS REPLACED IN 2015, ROOF IN 2011!! THE UPPER UNITS HAVE NICE BALCONIES AND THE LOWER UNITS HAVE LOVELY PATIOS. THIS BLONDE BRICK BEAUTY, HAS A 4 CAR GARAGE (ADDITIONAL INCOME STREAM)!! THE PROPERTY TAXES COULD BE LOWER WITH A HOMEOWNER'S EXEMPTION! THE LOCATION IS GREAT, CLOSE TO INTERSTATE,SHOPPING MALLS AND TRANSPORTATION!! DOLTON VILLAGE INSPECTION COMPLETED.

Last Agent to Sell the Property

Sharon Averhart

Charles Rutenberg Realty License #471010317 Listed on: 03/03/2020

Charles Rutenberg Realty

Last Buyer's Agent

Terrence Conner

Britton Realty Group License #475112460

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75x100
  • Paved or Partially Paved Lot

Parking

  • 4 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Balcony

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,396
  • Fuel Expense $2,388
  • Trash Expense $984
  • Water Sewer Expense $5,205
  • Gross Income $51,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Other Equipment: Sump Pump
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Balcony
  • OtherStructures: None
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 984
  • Water Sewer Expenses: 5205

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 75X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: None

Multi Family

  • Fuel Expense: 2388
  • ElectricExpense: 1396
  • GrossIncome: 51480
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 15015.35
  • Tax Year: 2018
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $260,000 +6.1% --
10/05/2020 10/05/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $245,000 0.0% --
09/28/2020 09/28/20 Price Changed $245,000 +8.9% --
06/18/2020 06/18/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $225,000 -13.5% --
03/11/2020 03/11/20 Off Market $260,000 -- --
03/06/2020 03/06/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $225,000 +7.1% --
08/13/2012 08/13/12 Sold $210,000 -6.7% -- View Prior Sale
06/12/2012 06/12/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $225,000 -- --
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
2025 $12,976 $23,000 $4,197 $18,803
2024 $12,976 $23,000 $4,197 $18,803
2023 $11,513 $23,000 $4,197 $18,803
2022 $11,513 $15,905 $3,704 $12,201
2021 $10,953 $15,903 $3,703 $12,200
2020 $10,231 $15,903 $3,703 $12,200
2019 $15,079 $20,677 $3,456 $17,221
2018 $15,015 $20,677 $3,456 $17,221
2017 $14,207 $20,677 $3,456 $17,221
2016 $12,210 $19,152 $3,209 $15,943
2015 $11,793 $19,152 $3,209 $15,943
2014 $12,946 $21,290 $3,209 $18,081
2013 $13,178 $23,105 $3,209 $19,896
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 10656371

Midwest Real Estate Data (MRED)