NOT LISTED FOR SALE

Estimated Value: $417,000 - $526,000

8 Beds
3 Baths
3,276 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $410,000 $125 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,965/month

8 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Fenced
  • Property is near public transit
  • Porch
  • 5-minute walk to Lucy M. Wisniowski Memorial park

About This Home

As of July 2023

INVESTOR or FIRST-TIME HOMEBUYERS DREAM. 8 Bedroom Multifamily property featuring two 3-bedroom units and one 2-bedroom unit. Separate systems and utilities. Hardwood flooring throughout. Front porches on each floor. The property is clean and well-maintained. Strong rental demand and location, directly on a bus route; under 5 miles (10 minutes) commute to Springfield’s new MGM Casino. One unit can be delivered vacant for a new owner. The property enjoys legal use and access to 3 designated parking spaces on the side of the property through an easement in the deed. DON'T MISS OUT ON THIS INCREDIBLE INCOME POTENTIAL!!Highest and best Monday 4/10/2023 at 5:00pm

Last Agent to Sell the Property

Fallah Razzak

Lock and Key Realty Inc. Listed on: 04/05/2023

Lock and Key Realty Inc.

Last Buyer's Agent

Fallah Razzak

Lock and Key Realty Inc. Listed on: 04/05/2023

Lock and Key Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 1908

Lot Details

  • 2,219 Sq Ft Lot
  • Fenced

Home Design

  • Brick Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,276 Sq Ft Home
  • Insulated Windows
  • Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Bulkhead
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,000
  • Assessor Parcel Number 2498167

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Additional Features

  • Medical Services
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,278

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1908
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Hardwood
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Bulkhead, Concrete
  • Living Area: 3276
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN5521
  • MAIN SO: AN5521

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Assigned
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2498167
  • Zoning: 1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2219
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4278

Multi Family

  • Net Operating Income: 48000
  • Number Of Units Total: 3
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jul 31, 2023
Sold by
Abdullah Zahraa
Bought by
Al Dulaimi Ibrahim S
Seller's Agent
Fallah Razzak
Lock and Key Realty Inc.
Buyer's Agent
Fallah Razzak
Lock and Key Realty Inc.
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Views
275
Current Estimated Value
$471,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,051
Avg. Annual Appreciation
5.93%
Original Mortgage
$381,900
Outstanding Balance
$372,235
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$98,816

Purchase Details

Listed on
Dec 20, 2019
Closed on
Aug 20, 2020
Sold by
Roach Joel I and Roach Cynthia
Bought by
Abdullah Zahraa
Seller's Agent
George Craddock
MIG
Buyer's Agent
Fallah Razzak
Lock and Key Realty Inc.
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%
Original Mortgage
$270,019
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2003
Sold by
Dossantos Carlos I and Dossantos Maria L
Bought by
Roach Cynthia and Roach Joel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,900
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1991
Sold by
Belanger Gary W and Belanger Alicia J
Bought by
Dossantos Carlos I and Dossantos Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,400
Interest Rate
9.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Al Dulaimi Ibrahim S $410,000 None Available
Abdullah Zahraa $275,000 None Available
Roach Cynthia $179,900 --
Roach Cynthia $179,900 --
Dossantos Carlos I $120,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Al Dulaimi Ibrahim S $381,900
Previous Owner Abdullah Zahraa $270,019
Previous Owner Roach Cynthia $161,900
Previous Owner Dossantos Carlos I $96,400
Previous Owner Dossantos Carlos I $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $410,000 +2.5% $125 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $399,900 +45.4% $122 / Sq Ft
10/16/2020 10/16/20 Sold $275,000 -1.8% $84 / Sq Ft View Prior Sale
07/08/2020 07/08/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $280,000 +1.8% $85 / Sq Ft
04/30/2020 04/30/20 Off Market $275,000 -- --
12/20/2019 12/20/19 For Sale $280,000 -- $85 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $5,958 $393,000 $34,600 $358,400
2024 $4,636 $314,100 $33,900 $280,200
2023 $4,278 $282,400 $30,800 $251,600
2022 $4,242 $249,700 $26,800 $222,900
2021 $3,666 $208,200 $24,300 $183,900
2020 $3,410 $195,300 $24,300 $171,000
2019 $3,317 $184,700 $24,300 $160,400
2018 $3,245 $177,200 $23,200 $154,000
2017 $3,059 $176,700 $35,700 $141,000
2016 $3,018 $178,500 $35,700 $142,800
2015 $2,805 $159,900 $35,700 $124,200
2014 $1,402 $159,900 $35,700 $124,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73095468

MLS Property Information Network (MLS PIN)

APN: CHIC-000077-000000-000062