NOT LISTED FOR SALE

Estimated Value: $203,000 - $298,000

9 Beds
2 Baths
2,980 Sq Ft
$88/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $75,000 $25 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $1,995/month

60 Days on Market

Highlights

  • 3 Car Detached Garage
  • Baseboard Heating
  • Heating System Uses Steam
  • Forced Air Heating System

About This Home

As of November 2020

Investor opportunity!!! Tons and tons of potential! 2 units, newer roof, newer siding, some new windows, new water heaters and furnace. first unit has 3 bedrooms and 1 bath plus an additional over sized room, can be an extra bedroom or storage unit. Second unit offers 3 bedrooms 1 bath, new electrical. Lots of parking space, including a 3 car garage. Additional 2 bedrooms in the back, could be an in-law arrangement or guest house (check with city). Sold AS IS, needs work, cash or rehab loans only!

Last Agent to Sell the Property

Luisa Martinez

Re/Max American Dream License #475177738 Listed on: 06/19/2020

Co-Listed By

Jorge Trujillo

Re/Max American Dream

Last Buyer's Agent

Jerome Adams

Netgar Investments Inc License #475181483

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,111

Year Built

  • Built in 1920

Lot Details

  • 7,362

Parking

  • 3 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50 x 150 x 50 x 150

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,111

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 9
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 100000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway
  • ParkingTotal: 7
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air, Steam, Baseboard, Radiator(s)
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 187

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 150 X 50 X 150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4111
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2020
Sold by
Cosmo Meishan
Bought by
G O A T Property Solutions Llc
Current Estimated Value
$263,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 9, 2019
Closed on
May 4, 2019
Sold by
Gutierrez Teresa and Gutierrez Susana
Bought by
Cosmo Meishan
Seller's Agent
Oscar Sanchez-Romero
Kurman Realty Group
Buyer's Agent
Jae Sim
d'aprile properties
List Price
$50,000
Sold Price
$44,000
Premium/Discount to List
-$6,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.11%

Purchase Details

Listed on
May 13, 2016
Closed on
Jul 28, 2016
Sold by
Fannie Mae
Bought by
Gutierrez Antonio
Seller's Agent
John Dulek
Century 21 Affiliated Maki
Buyer's Agent
Carol Richardson
Century 21 Circle
List Price
$28,000
Sold Price
$21,000
Premium/Discount to List
-$7,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.86%

Purchase Details

Closed on
Mar 9, 2016
Sold by
Otero Rafael and Otero Ritchell L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 12, 1997
Sold by
Bank Of Waukegan
Bought by
Otero Rafael and Otero Ritchell L

Purchase Details

Closed on
Apr 3, 1996
Sold by
Otero Rafael and Otero Ritchell L
Bought by
Bank Of Waukegan

Purchase Details

Closed on
May 16, 1994
Sold by
Washburn Thomas and Washburn Shirley
Bought by
Otero Rafael and Otero Ritchell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.5%
Mortgage Type
Commercial
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
G O A T Property Solutions Llc $75,000 Ata National Title Group
Cosmo Meishan $44,000 Fidelity National Title
Gutierrez Antonio -- Fidelity National Title
Federal National Mortgage Association -- Attorney
Otero Rafael -- --
Bank Of Waukegan -- Chicago Title Insurance Co
Otero Rafael $135,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goat Property Solutions Llc $180,000
Closed Goat Property Solutions Llc $30,000
Closed G O A T Property Solutions Llc $30,000
Previous Owner G O A T Property Solutions Llc $108,500
Previous Owner Otero Rafael $23,300
Previous Owner Otero Rafael $113,000
Previous Owner Otero Rafael $108,000
Closed Otero Rafael $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $75,000 -25.0% $25 / Sq Ft
08/26/2020 08/26/20 For Sale $100,000 +33.3% $34 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
07/10/2020 07/10/20 Off Market $75,000 -- --
06/19/2020 06/19/20 For Sale $100,000 +127.3% $34 / Sq Ft
05/07/2019 05/07/19 Sold $44,000 -12.0% $15 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $50,000 +138.1% $17 / Sq Ft
08/05/2016 08/05/16 Sold $21,000 -16.0% $7 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/13/2016 06/13/16 Price Changed $25,000 -10.7% $8 / Sq Ft
05/13/2016 05/13/16 For Sale $28,000 -- $9 / Sq Ft
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 $7,238 $71,978 $8,567 $63,411
2023 $7,238 $61,641 $7,337 $54,304
2022 $7,238 $51,227 $5,675 $45,552
2021 $6,439 $45,827 $5,093 $40,734
2020 $5,363 $39,285 $4,736 $34,549
2019 $5,061 $35,999 $4,340 $31,659
2018 $3,880 $23,879 $4,106 $19,773
2017 $3,650 $21,127 $3,633 $17,494
2016 $4,164 $23,537 $4,048 $19,489
2015 $3,889 $21,066 $3,623 $17,443
2014 $4,847 $29,222 $3,227 $25,995
2012 $5,055 $31,659 $3,497 $28,162
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10753132

Midwest Real Estate Data (MRED)

APN: 08-33-102-020