$271,250
SOLD NOV 2, 2020
6 Beds
3 Baths
1,832 Sq Ft
0.26 Acres

Recently Sold

$148 Per Sq Ft

6% Below List Price

163 Days on Market

Highlights

  • Recreation Room
  • Attached Garage
  • Central Air
  • Galley Kitchen
  • Patio
  • Water Softener

About This Home

As of November 2020

Rare University Student housing investment opportunity in the Freeman Elementary School/Aurora University area! Fully leased, within easy walking distance of just over a block from Aurora University campus. Meticulously maintained property with interior and exterior recently painted. Six bedrooms, three full baths with fully finished basement and rec room, separate laundry area with utility sink. 2,165 SF finished living space! Large fenced backyard and newly installed landscaping. Newer appliances, newer hot water heater. Fantastic return on investment (approx. 10.4% cap rate, pro forma), tenants pay for all utilities/CATV/Internet. Rental license current. Property is being sold as-is. Exceptional investment opportunity for the novice or seasoned investor looking to build and/or diversify your portfolio!

Last Agent to Sell the Property

David Bieschke

Enhance Home Real Estate License #471021562 Listed on: 03/18/2020

Last Buyer's Agent

Elizabeth Goodchild

Realty of America License #471009852

Realty of America

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,528

Year Built

  • 1952

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof
  • Block Exterior

Interior Spaces

  • Wood Burning Fireplace
  • Recreation Room

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,528

Year Built

1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Square Footage Comments: 2,165 SF finished living space
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 1832
  • Type Detached: 2 Stories
  • Estimated Year Built: 1952
  • Total Sq Ft: 1832
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Number Of Rooms: 11
  • Living Room: Dimensions: 12X19, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, Water Softener
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Below Grade Bedrooms: 2
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 13X10, On Level: Basement
  • Dining Room: Dimensions: 11X9, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level
  • Kitchen Type: Galley
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Recreation Room
  • Master Bedroom: Dimensions: 23X18, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X13, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 12X12, On Level: Basement
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 16X13, On Level: Basement
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 16X10, On Level: 2nd Level
  • Estimated Sq Ft: 1832
  • Estimated Total Finished Sq Ft: 1832
  • Main Level Sq Ft: 1113
  • Upper Level Sq Ft: 719
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X16, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Block
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.263

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 1832

Schools

  • School District: 129
  • Junior High Dist: 129

Lot Info

  • Lot Dimensions: 152X75X152X75
  • Parcel Identification Number: 1520187007

Tax Info

  • Taxes: 6306.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Oct 31, 2020
Sold by
Stockton Ryan Robert
Bought by
Perez Benjamin and Perez Jeremias D
Seller's Agent
David Bieschke
Enhance Home Real Estate
Buyer's Agent
Elizabeth Goodchild
Realty of America
List Price
$287,900
Sold Price
$271,250
Premium/Discount to List
-$16,650
-5.78%
Total Days on Market
163
Current Estimated Value
$371,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,973
Avg. Annual Appreciation
7.27%
Original Mortgage
$271,246
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 24, 2017
Closed on
Jul 18, 2017
Sold by
Cowles Myrna J
Bought by
Stockton Ryan Robert
Seller's Agent
Anne Kothe
Keller Williams Inspire
Buyer's Agent
Stephanie Biedron
City Habitat Realty LLC
List Price
$189,900
Sold Price
$177,500
Premium/Discount to List
-$12,400
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Sep 29, 1995
Sold by
Trout Steven M
Bought by
Cowles Myrna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
7.91%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $276,500 Fidelity National Title
Warranty Deed $177,500 Chicago Title Insurance Co
Warranty Deed $134,500 Fox Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,748 New Conventional
Previous Owner $271,246 FHA
Previous Owner $35,000 Unknown
Previous Owner $59,500 Unknown
Previous Owner $59,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $271,250 -2.4% $148 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
03/24/2020 03/24/20 Price Changed $277,900 -3.5% $152 / Sq Ft
03/18/2020 03/18/20 For Sale $287,900 +62.2% $157 / Sq Ft
07/20/2017 07/20/17 Sold $177,500 -6.5% $97 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $189,900 -- $104 / 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
2023 $7,528 $95,887 $20,847 $75,040
2022 $7,213 $87,488 $19,021 $68,467
2021 $6,894 $81,453 $17,709 $63,744
2020 $7,083 $75,658 $16,449 $59,209
2019 $6,855 $70,099 $15,240 $54,859
2018 $6,336 $69,169 $14,097 $55,072
2017 $6,029 $69,577 $12,989 $56,588
2016 $5,721 $64,856 $11,134 $53,722
2015 -- $57,327 $9,574 $47,753
2014 -- $49,893 $8,799 $41,094
2013 -- $49,360 $8,851 $40,509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10671302

Midwest Real Estate Data (MRED)

APN: 15-20-187-007