NOT LISTED FOR SALE

126 W Valley View Dr McHenry, IL 60051

Estimated Value: $147,000 - $186,486

2 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold July 24, 2017

Last sale price $80,000

Est. 102% increase in value since last sale

Current estimated payment $1,148/month

93 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 4-minute walk to Heritage Community Park
  • Ranch Style House

About This Home

As of July 2017

EXCELLENT SIDE-BY-SIDE DUPLEX RENTAL PROPERTY IN LAKEMOOR!!! This 2-Unit 1 Bed / 1 Bath Duplex is updated with newer wood laminate floors in the living room, newer carpet in the bedrooms, updated bathrooms, full basement, nice wooden decks in the back yard, partially fenced yard w/ firepit, full unfinished basement and great for storage, Unit # 126 is being rented for $700 and Unit # 128 is currently vacant but also could be rented for an excellent cashflow.

Last Agent to Sell the Property

Justin McAndrews

RE/MAX Plaza License #475170024 Listed on: 02/27/2017

RE/MAX Plaza

Co-Listed By

Greg Klemstein

RE/MAX Plaza License #475116618

Last Buyer's Agent

Jolanta Brosko-Osika

RE/MAX City License #475119896

RE/MAX City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,212

Year Built

  • Built in 1960

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x98x51x98

Home Design

  • Duplex
  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $8,400
  • Net Operating Income $4,211

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,212

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1960
  • Age: 51-60 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: 2
  • Other Equipment: TV-Cable
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 89900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Fee Information

  • Other Expenses $: 4189

Schools

  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 50X98X51X98
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 4211
  • GrossIncome: 8400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 4212
  • Tax Year: 2016
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2017
Closed on
Jul 20, 2017
Sold by
Callahan Jeffrey
Bought by
Mdk Investments Llc
Seller's Agent
Justin McAndrews
RE/MAX Plaza
Buyer's Agent
Jolanta Brosko-Osika
RE/MAX City
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%
Current Estimated Value
$161,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,622
Avg. Annual Appreciation
8.88%
Original Mortgage
$56,000
Outstanding Balance
$48,569
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$113,053
Source: Public Records

Range of Values:

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Average Value
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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
Mdk Investments Llc $80,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mdk Investments Llc $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2017 07/24/17 Sold $80,000 -11.0% --
05/31/2017 05/31/17 Pending -- -- --
05/30/2017 05/30/17 Price Changed $89,900 -5.3% --
04/21/2017 04/21/17 Price Changed $94,900 -5.0% --
02/27/2017 02/27/17 For Sale $99,900 -- --
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
2024 $3,565 $42,927 $13,692 $29,235
2023 $3,481 $38,496 $12,279 $26,217
2022 $3,285 $35,204 $11,229 $23,975
2021 $3,158 $33,006 $10,528 $22,478
2020 $2,919 $29,857 $12,653 $17,204
2019 $2,863 $28,387 $12,030 $16,357
2018 $2,980 $26,664 $11,300 $15,364
2017 $4,265 $37,082 $10,826 $26,256
2016 $4,212 $35,380 $10,329 $25,051
2013 -- $33,671 $9,830 $23,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09517951

Midwest Real Estate Data (MRED)

APN: 15-05-228-010