Seller's Agent in 2021
Christine Hopps
Coldwell Banker Today's, Realtors
(815) 252-5273
99 in this area
343 Total Sales
Estimated Value: $285,590
Studio
6
Baths
4,484
Sq Ft
$64/Sq Ft
Est. Value
About This Home
As of May 2021Great income producer! All separate utilities in this 2 story, 6 unit brick building with 4 car detached garage for extra income. Garages have electricity. Appliances (stove & refrigerator) in each unit. Owner pays water, dumpster & heat for common hallway. All units in good condition with hardwood floors. Full basement with washer & dryer for tenant use. Plenty of off street parking.
Last Agent to Sell the Property
Coldwell Banker Today's, Realtors Listed on: 12/04/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,362
Lot Details
- 0.42 Acre Lot
- Lot Dimensions are 131x115x15x57x53x58x116
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Frame Construction
Interior Spaces
- 4,484 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Separate Meters
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $900
- Insurance Expense $1,980
- Trash Expense $1,800
- Water Sewer Expense $900
- Operating Expense $11,383
- Gross Income $3,650
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2020
Closed on
May 28, 2021
Sold by
Welcome Home Rental Properties Llc
Bought by
Lewis Michael E
Seller's Agent
Christine Hopps
Coldwell Banker Today's, Realtors
Buyer's Agent
James Rice
Washington Square, Realtors
List Price
$250,000
Sold Price
$218,000
Premium/Discount to List
-$32,000
-12.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,590
Avg. Annual Appreciation
5.95%
Original Mortgage
$158,000
Outstanding Balance
$143,272
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$142,318
Purchase Details
Closed on
Feb 4, 2020
Sold by
Wedd Daniel J and Wedd Ali
Bought by
Welcome Home Rental Properties Llc
Purchase Details
Closed on
Nov 16, 2007
Sold by
Famoso Joseph A
Bought by
Webb Daniel J and Webb Ali L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.47%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 2, 2006
Sold by
Curtin Gary J
Bought by
Famoso Joseph A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.5%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lewis Michael E | $218,000 | None Available | |
| Welcome Home Rental Properties Llc | -- | None Available | |
| Webb Daniel J | $215,000 | None Available | |
| Famoso Joseph A | $180,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lewis Michael E | $158,000 | |
| Previous Owner | Webb Daniel J | $172,000 | |
| Previous Owner | Famoso Joseph A | $144,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2021 05/28/21 | Sold | $218,000 | -12.8% | $49 / Sq Ft |
| 04/15/2021 04/15/21 | Pending | -- | -- | -- |
| 12/04/2020 12/04/20 | For Sale | $250,000 | -- | $56 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,507 | $57,802 | $7,697 | $50,105 |
| 2023 | $4,574 | $57,802 | $7,697 | $50,105 |
| 2022 | $4,342 | $54,530 | $7,261 | $47,269 |
| 2021 | $4,395 | $54,530 | $7,261 | $47,269 |
| 2020 | $4,358 | $54,530 | $7,261 | $47,269 |
| 2019 | $4,363 | $54,530 | $7,261 | $47,269 |
| 2018 | $4,362 | $54,530 | $7,261 | $47,269 |
| 2017 | $4,322 | $54,530 | $7,261 | $47,269 |
| 2016 | $4,349 | $54,530 | $7,261 | $47,269 |
| 2015 | $2,018 | $54,530 | $7,261 | $47,269 |
| 2012 | -- | $50,000 | $7,261 | $42,739 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Hopps
-
James Rice
Buyer's Agent in 2021
James Rice
Washington Square, Realtors
(815) 433-0764
3 in this area
40 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10946809
APN: 17-16-314016
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