NOT LISTED FOR SALE

Estimated Value: $274,000

7 Beds
6 Baths
4,014 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $97,000 $24 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $1,604/month

337 Days on Market

About This Home

As of July 2018

Excellent investment opportunity!. 3 spacious apartments, w/ separate heating. One apartment has 3 bedrooms - it's enormous! Commercial space waiting for your decorating ideas. Could be a barber shop, day care, store, restaurant or office. Includes a commercial kitchen. Back yard is huge with large gates. There is room to build at least four garage spaces.

Last Agent to Sell the Property

Kason Rainey

Premier Midwest Realty, INC License #471018849 Listed on: 08/02/2017

Last Buyer's Agent

Brenda Curtis

Curtis & Assoc. Realtors License #471009199

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,991

Year Built

  • Built in 1881

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 100x41

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,991

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1881
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 100X41
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 2991.06
  • Tax Year: 2015

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Jul 31, 2018
Sold by
Peskine Alexis
Bought by
Chicago Title Land Trust Company and Trust Number 8002378682
Seller's Agent
Kason Rainey
Premier Midwest Realty, INC
Buyer's Agent
Brenda Curtis
Curtis & Assoc. Realtors
List Price
$105,300
Sold Price
$97,000
Premium/Discount to List
-$8,300
-7.88%
Current Estimated Value
$274,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,000
Avg. Annual Appreciation
15.00%

Purchase Details

Listed on
Aug 2, 2017
Closed on
Jul 27, 2018
Sold by
Secretary Of Hud
Bought by
Peskine Alexis
Seller's Agent
Kason Rainey
Premier Midwest Realty, INC
Buyer's Agent
Brenda Curtis
Curtis & Assoc. Realtors
List Price
$105,300
Sold Price
$97,000
Premium/Discount to List
-$8,300
-7.88%

Purchase Details

Closed on
Feb 26, 2014
Sold by
Hill Ronald E
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Dec 1, 2005
Sold by
Brown Cleatrice and Brown Jacqueleen
Bought by
Hill Ronald E and Hill Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 1997
Sold by
Grier Kenyata
Bought by
Brown Cleatrice and Brown Jacqueleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
11.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chicago Title Land Trust Company -- Chicago Title
Peskine Alexis -- Chicago Title Insurance Comp
The Secretary Of Hud -- Attorney
The Secretary Of Hud -- Attorney
Hill Ronald E $269,000 Multiple
Brown Cleatrice $106,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Ronald E $346,500
Previous Owner Brown Cleatrice $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $97,000 -7.9% $24 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $105,300 0.0% $26 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $105,300 0.0% $26 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/11/2018 04/11/18 Price Changed $105,300 -10.0% $26 / Sq Ft
04/10/2018 04/10/18 For Sale $117,000 0.0% $29 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $117,000 0.0% $29 / Sq Ft
01/10/2018 01/10/18 Price Changed $117,000 +20.6% $29 / Sq Ft
01/09/2018 01/09/18 Off Market $97,000 -- --
01/06/2018 01/06/18 For Sale $130,000 0.0% $32 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
12/22/2017 12/22/17 For Sale $130,000 0.0% $32 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $130,000 0.0% $32 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $130,000 -- $32 / 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 $2,012 $15,500 $3,690 $11,810
2023 $1,954 $9,500 $5,125 $4,375
2022 $1,954 $9,500 $5,125 $4,375
2021 $1,910 $9,500 $5,125 $4,375
2020 $1,299 $5,829 $4,510 $1,319
2019 $3,997 $19,893 $4,510 $15,383
2018 $3,251 $19,893 $4,510 $15,383
2017 $3,352 $18,946 $4,100 $14,846
2016 $3,294 $18,946 $4,100 $14,846
2015 $2,991 $18,946 $4,100 $14,846
2014 $2,420 $15,611 $3,280 $12,331
2013 $2,361 $15,611 $3,280 $12,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09709144

Midwest Real Estate Data (MRED)

APN: 20-26-403-001-0000