NOT LISTED FOR SALE

Estimated Value: $328,793 - $592,000

8 Beds
3 Baths
3,101 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $349,000 $113 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,414/month

112 Days on Market

Highlights

  • Beach Access
  • ENERGY STAR Certified Homes
  • No HOA
  • City View
  • Property is near public transit
  • 4-minute walk to Wood Park

About This Home

As of July 2021

Great returns on this updated and rented property. Completely Remodeled three Units 3 years ago, on demand heat and water. Finer details include granite countertops, new appliances, all new windows. Close to transportation and neighborhood shopping. Brand new inside, All units rented. Great Income property!
Building has longtime tenants (approximate average tenure is 6 years). All Units have all been completely remodeled on the inside in 2017 including new appliances. All units rented. Great Income property!

Last Listed By

Karim Douich

William Raveis Real Estate License #REB.0791183 Listed on: 02/26/2021

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,731

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Many Trees

Home Design

  • Gable Roof Shape
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 3,101 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Driveway
  • Paved Parking

Eco-Friendly Details

  • Energy-Efficient Insulation
  • ENERGY STAR Certified Homes

Outdoor Features

  • Beach Access

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $249,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,731

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: West End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3101
  • Public Record Living Room Sq Ft: 3101
  • Total Sq Ft: 3101
  • Year Built: 1910
  • Nearby Amenities: Commuter Bus, Health Club, Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5018
  • Tax Year Updated Dt: 07/26/2021
  • Directions: North Avenue (Rte 1) to Park Avenue. Three blocks to 1355 Park Avenue.
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Location: None, Laundromat across the street
  • Attic: No
  • Street Number Modifier: 1355

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle, Gable
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Green Features

  • Energy Features: Energy Star Rated, Extra Insulation

Lot Info

  • Acres: 0.0900
  • Lot Description: City Views, Level Lot, Treed
  • Zoning: ORN

Multi Family

  • Gross Annual Income: 249168
  • Net Operating Income: 187382
  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6731
  • Total Assessed Value: 154911
  • Mil Rate Base: 43.450
  • Mil Rate Total: 43.450
  • Assessor Parcel Number: 18273

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Jul 30, 2021
Sold by
Adav Llc
Bought by
Shaw Xavian T
Seller's Agent
Karim Douich
William Raveis Real Estate
Buyer's Agent
Momodou Savage
Door to Door Real Estate
List Price
$349,000
Sold Price
$349,000
Total Days on Market
112
Current Estimated Value
$509,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,698
Avg. Annual Appreciation
10.39%
Original Mortgage
$279,200
Outstanding Balance
$256,706
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$252,992

Purchase Details

Closed on
Aug 31, 2017
Sold by
Rakaj Kliton
Bought by
Dajani Alket

Purchase Details

Listed on
May 16, 2015
Closed on
Aug 5, 2015
Sold by
Rakaj Realty Llc
Bought by
Rakaj Klinton
Seller's Agent
Tyisha Toms
Independent Realtors
Buyer's Agent
Flamur Canaj
Coldwell Banker Realty
List Price
$75,000
Sold Price
$67,500
Premium/Discount to List
-$7,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.48%
Original Mortgage
$340,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2015
Closed on
Jun 15, 2015
Sold by
Inzerra Alfred
Bought by
Rakaj Realty Llc
Seller's Agent
Tyisha Toms
Independent Realtors
Buyer's Agent
Flamur Canaj
Coldwell Banker Realty
List Price
$75,000
Sold Price
$67,500
Premium/Discount to List
-$7,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.03%
Mortgage Type
New Conventional

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
Shaw Xavian T $349,000 None Available
Shaw Xavian T $349,000 None Available
Dajani Alket $190,000 --
Dajani Alket $190,000 --
Rakaj Klinton -- --
Rakaj Klinton -- --
Rakaj Realty Llc $67,500 --
Rakaj Realty Llc $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Xavian T $279,200
Closed Shaw Xavian T $279,200
Previous Owner Rakaj Realty Llc $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $349,000 0.0% $113 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $349,000 0.0% $113 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
04/03/2021 04/03/21 Price Changed $349,000 -0.3% $113 / Sq Ft
02/26/2021 02/26/21 For Sale $349,900 +418.4% $113 / Sq Ft
06/12/2015 06/12/15 Sold $67,500 -10.0% $20 / Sq Ft
05/16/2015 05/16/15 For Sale $75,000 -- $22 / Sq Ft
Source: SmartMLS

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 $6,731 $154,911 $37,481 $117,430
2023 $6,731 $154,911 $37,481 $117,430
2022 $6,731 $154,911 $37,481 $117,430
2021 $6,731 $154,911 $37,481 $117,430
2020 $6,416 $118,840 $22,730 $96,110
2019 $6,416 $118,840 $22,730 $96,110
2018 $6,461 $118,840 $22,730 $96,110
2017 $6,461 $118,840 $22,730 $96,110
2016 $6,461 $118,840 $22,730 $96,110
2015 $7,030 $166,580 $34,360 $132,220
2014 $7,030 $166,580 $34,360 $132,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170375164

SmartMLS

APN: BRID-001134-000022