NOT LISTED FOR SALE

Estimated Value: $1,031,188

5 Beds
19 Baths
-- Sq Ft
7,928 Sq Ft Lot

Last Sold February 27, 2019

Last sale price $650,000

Est. 59% increase in value since last sale

Current estimated payment $7,812/month

454 Days on Market

About This Home

As of February 2019

Terrific cashflow here! 3-story multi-unit building! Retail spaces on 1st floor. Second floor has 11 studio or 1-bedroom apartments that are fully rented. Bring your ideas for the HUGE 3rd floor bonus space that is plumbed and wired for kitchen. Private courtyard. Modern copper plumbing and over $10,000 in recent electrical upgrades. Roofs were recently inspected and sealed. Fantastic location on a well-trafficked corner, just blocks to train, bus, free public parking, Paramount Theater and casino. Purchase price is at a 10.46% cap rate, and adding apartments on the 3rd floor would bring it to more than 15%! Please call to get investor analysis reports. Here's your opportunity to make a great return on your investment AND own a piece of Aurora's story! Don't miss this one! Make your appointment today!

Last Agent to Sell the Property

Jeff Ristine

Keller Williams Infinity License #471011107 Listed on: 06/13/2017

Keller Williams Infinity

Co-Listed By

Bob Ewoldt

Keller Williams Infinity License #475164456

Last Buyer's Agent

Thomas Tsipas

Keller Williams Infinity License #471021109

Keller Williams Infinity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,536

Year Built

  • 1904

Lot Details

  • 7,928

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Cedar

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $9,500
  • Insurance Expense $5,389

Listing and Financial Details

  • Tenant pays for varies by tenant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,536

Year Built

1904

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Commercial, Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: COMMR
  • Estimated Age: Older
  • Net Operating Income Year: 2013
  • Net Oper Income: 100087
  • Outdoor Parking: 19-30 Spaces, Public Lot
  • Roof Structure: Flat
  • Scavenger Expense: 3400
  • Total Annual Exp: 51352
  • Total Annual Income: 151440
  • Total Monthly Income: 12620
  • Number Of Stories: 3
  • Estimated Year Built: 1904
  • Type Multi Family: Corridor-Exterior Entrance, Hi-Rise
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1904

Exterior Features

  • Foundation: Stone
  • Exterior Building Type: Brick, Cedar
  • Construction: Brick, Stone, Wood Frame

Garage/Parking

  • Number Of Parking Spaces: 20

Utilities

  • Air Conditioner: Window Unit/s
  • Fire Protection: Fire Extinguisher/s
  • Heatventilation: Steam, Radiant
  • Water Expense: 5680

Condo/Co-op/Association

  • Units in Building: 17

Fee Information

  • Electricity Expense: 6224

Lot Info

  • Lot Dimensions: 66X120
  • Lot Sq Ft: 7920
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 1522332017

Rental Info

  • Gross Rental Income: 151440
  • Tenant Pays: Varies by Tenant

Multi Family

  • Expense Year: 2013
  • Fuel Expense: 9500
  • Insurance Expense: 5389
  • Other Expenses: 1000

Tax Info

  • Taxes: 16084.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Feb 27, 2019
Sold by
Arenkill Brian L and Stockman Patricia M
Bought by
Jh Real Estate Partners Llc
Seller's Agent
Jeff Ristine
Keller Williams Infinity
Buyer's Agent
Thomas Tsipas
Keller Williams Infinity
List Price
$849,900
Sold Price
$650,000
Premium/Discount to List
-$199,900
-23.52%
Total Days on Market
454
Current Estimated Value
$1,031,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,188
Avg. Annual Appreciation
7.84%
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
Jh Real Estate Partners Llc $650,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jh Real Estate Prtners Llc $575,000
Previous Owner Arenkill Howard L $23,835
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $650,000 -20.7% --
09/10/2018 09/10/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $820,000 -3.5% --
06/13/2017 06/13/17 For Sale $849,900 -- --
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
2023 $24,536 $289,583 $45,502 $244,081
2022 $22,717 $264,218 $41,516 $222,702
2021 $22,319 $245,990 $38,652 $207,338
2020 $21,287 $228,488 $35,902 $192,586
2019 $20,771 $211,700 $33,264 $178,436
2018 $16,308 $161,376 $30,769 $130,607
2017 $16,069 $148,693 $28,351 $120,342
2016 $16,623 $144,262 $24,302 $119,960
2015 -- $128,653 $20,898 $107,755
2014 -- $148,750 $19,206 $129,544
2013 -- $164,941 $24,471 $140,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09659382

Midwest Real Estate Data (MRED)

APN: 15-22-332-017