Sold Feb 03, 2014
$143,495
Seller
$143,495
by Huntington National Bank
Mortgage
Sold Mar 08, 2010
$121,500
Seller
$97,200
by Chemical Bank
Mortgage Due Mar 01, 2040
This has been categorized as a residential property type.
In total, the area measurement of the land is 14,810 square feet.
Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 814 North Michigan Avenue sold most recently in Jan 29, 2014 for a total of $143,495. Before that, the property was also sold for $121,500 in Feb 12, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,222 in taxes each year. 814 North Michigan Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $82,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 814 North Michigan Avenue sold most recently in Jan 29, 2014 for a total of $143,495. Before that, the property was also sold for $121,500 in Feb 12, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,222 in taxes each year. 814 North Michigan Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $82,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.