NOT LISTED FOR SALE

134 E 162nd St Unit 1 South Holland, IL 60473

Estimated Value: $194,000 - $204,000

3 Beds
2 Baths
1,372 Sq Ft
$145/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $88,000 $64 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,250/month

180 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Two Heating Systems

About This Home

As of October 2019

2 Units - 1 & 2 Bedroom Units Fully Occupied With Long Term Tenants. One Entrance/Exit (Grandfathered In) For Top Unit - 1 Bedroom With Inter-Connecting Room Being Used As Second Bedroom - Tenant Pays For Lights & Gas. First Floor Unit With Basement - Owner Pays Gas For 1st Floor, Tenant Pays Electric. NEW Roof Installed 1 Year Ago. Conveniently Located In Walking Of Metra, Commuter Bus, Downtown South Holland, Shopping. Also Minutes From Expressway Entrance. Selling As Is.

Last Agent to Sell the Property

DIANE RICE

Rice Property Management & Realty L.L.C. License #471001304 Listed on: 02/06/2019

Last Buyer's Agent

Paula Boudos

Keller Williams Preferred Rlty License #475164071

Keller Williams Preferred Rlty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1883

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 65x137
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1883
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • 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: 3
  • Other Equipment: Sump Pump
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Block
  • List Price: 99900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Schools

  • Middle/Junior School District: 151

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.21
  • Lot Dimensions: 65X137
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5720.28
  • Tax Year: 2017

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

Listed on
Feb 6, 2019
Closed on
Oct 18, 2019
Sold by
Ridge Robert G and Ridge Rachel J
Bought by
Flowers William and William Flowers Living Trust
Seller's Agent
DIANE RICE
Rice Property Management & Realty L.L.C.
Buyer's Agent
Paula Boudos
Keller Williams Preferred Rlty
List Price
$99,900
Sold Price
$88,000
Premium/Discount to List
-$11,900
-11.91%
Current Estimated Value
$198,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,721
Avg. Annual Appreciation
14.54%
Original Mortgage
$66,000
Outstanding Balance
$60,189
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$138,532

Purchase Details

Closed on
Dec 29, 2000
Sold by
Ridge Robert G
Bought by
Ridge Robert G and Ridge Rachel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.69%

Purchase Details

Closed on
Jan 14, 1998
Sold by
Oberman Enterprises Ltd Liability Co
Bought by
Ridge Robert G

Purchase Details

Closed on
Jan 23, 1996
Sold by
Deyoung Cora
Bought by
Oberman Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Flowers William $88,000 Chicago Title
Ridge Robert G -- Prairie Title
Ridge Robert G -- --
Oberman Enterprises Llc $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers William $66,000
Previous Owner Ridge Robert G $100,000
Previous Owner Oberman Enterprises Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2019 10/24/19 Sold $88,000 -11.9% $64 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $99,900 0.0% $73 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $99,900 0.0% $73 / Sq Ft
03/22/2019 03/22/19 Price Changed $99,900 +0.9% $73 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $99,000 -- $72 / 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 $7,002 $15,000 $4,919 $10,081
2023 $7,280 $15,000 $4,919 $10,081
2022 $7,280 $12,146 $4,217 $7,929
2021 $7,200 $12,145 $4,216 $7,929
2020 $6,782 $12,145 $4,216 $7,929
2019 $6,029 $10,326 $3,748 $6,578
2018 $5,889 $10,326 $3,748 $6,578
2017 $5,720 $10,326 $3,748 $6,578
2016 $5,237 $9,656 $3,513 $6,143
2015 $5,078 $9,656 $3,513 $6,143
2014 $4,968 $9,656 $3,513 $6,143
2013 $4,056 $10,991 $3,513 $7,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10266008

Midwest Real Estate Data (MRED)

APN: 29-15-303-035-0000