NOT LISTED FOR SALE

Estimated Value: $405,000 - $483,507

4 Beds
4 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold April 05, 2022

Last sale price $330,000

Est. 36% increase in value since last sale

Current estimated payment $3,243/month

50 Days on Market

Highlights

  • Additional Residence on Property
  • Deck
  • Whirlpool Bathtub
  • Williamsburg Elementary School Rated A-
  • Traditional Architecture
  • Corner Lot

About This Home

As of April 2022

SELLER IS OFFERING $7,000 closing credit!!! 2 unit house on corner lot is ideally located in the heart of downtown Geneva with so many possibilities! Main 2 story house with hardwood floors features 3 bedrooms 2.5 baths large living & dining space, laundry in basement, 2 car garage, parking and 3 separate entrances. Main unit is currently rented for $1,900/mo. with a lease through 03/31. Shared courtyard and deck lead to cozy 1 bedroom ranch apartment with living room that opens to updated kitchen with breakfast bar, desk nook, full bath and laundry closet. Investors have potential to have cash flow positive rentals with long term tenants. Owner occupants could have part of their mortgage paid by renting the other unit while still maintaining privacy. As 2 units it would also make a wonderful in-law arrangement or open the 2nd unit up to main home and have a 1st floor master suite and office with private entrance or art/music studio. Walk to Geneva High, innovative new library, Golf club, Ace Hardware, Josef's Meats, shops, boutiques, coffee shops, wine rooms, restaurants and Fox River.

Last Agent to Sell the Property

Sherry Bergmann

Premier Living Properties License #475158982 Listed on: 12/31/2021

Last Buyer's Agent

Renee Cole

Baird & Warner License #475191988

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,548

Year Built

  • Built in 1905

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 56x134x58x134
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Den
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Williamsburg Elementary School
  • Geneva Middle School
  • Geneva Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Multiple Water Heaters

Additional Features

  • Deck
  • Additional Residence on Property

Community Details

  • 2 Units
  • Gross Income $35,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,548

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Den, Foyer
  • Basement Description: Unfinished
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Wood,Garage/Space,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Block
  • List Price: 339000
  • Lot Features: Corner Lot
  • OtherStructures: Guest House, Second Residence
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Number of Cars: 4
  • 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, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Williamsburg Elementary School
  • High School: Geneva Community High School
  • Middle/Junior School: Geneva Middle School
  • Middle/Junior School District: 304

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 56X134X58X134
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 35100
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 1 Story Unit/s,2 Story Unit/s,Duplex Side by Side

Tax Info

  • Tax Annual Amount: 9548
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2021
Closed on
Mar 16, 2022
Sold by
Donat Walter J
Bought by
Thomka Nicholas A and Stern Sarah T
Seller's Agent
Sherry Bergmann
Premier Living Properties
Buyer's Agent
Renee Cole
Baird & Warner
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Current Estimated Value
$447,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,769
Avg. Annual Appreciation
8.40%
Original Mortgage
$323,844
Outstanding Balance
$304,330
Interest Rate
4.13%
Mortgage Type
FHA
Estimated Equity
$128,047

Purchase Details

Closed on
Mar 11, 2005
Sold by
Donat Edward A
Bought by
Donat Walter J and Donat Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1999
Sold by
Schubbe Ronald W and Schubbe Judy A
Bought by
Donat Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,650
Interest Rate
7.94%
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
Thomka Nicholas A $330,000 Fidelity National Title
Donat Walter J $360,000 Chicago Title Insurance Comp
Donat Edward A $210,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomka Nicholas A $323,844
Previous Owner Donat Walter J $288,000
Previous Owner Donat Walter J $288,000
Previous Owner Donat Edward A $212,000
Previous Owner Donat Edward A $212,000
Previous Owner Donat Edward A $146,650
Closed Donat Edward A $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $330,000 -5.7% --
02/20/2022 02/20/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $350,000 -- --
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 $9,487 $132,685 $35,954 $96,731
2023 $9,240 $120,622 $32,685 $87,937
2022 $9,923 $118,845 $30,371 $88,474
2021 $9,651 $114,428 $29,242 $85,186
2020 $9,548 $112,682 $28,796 $83,886
2019 $9,532 $110,549 $28,251 $82,298
2018 $9,218 $107,058 $28,251 $78,807
2017 $9,128 $104,203 $27,498 $76,705
2016 $8,680 $97,202 $27,126 $70,076
2015 -- $92,415 $25,790 $66,625
2014 -- $92,415 $25,790 $66,625
2013 -- $92,415 $25,790 $66,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11296221

Midwest Real Estate Data (MRED)

APN: 12-03-327-006