NOT LISTED FOR SALE

Estimated Value: $432,283

Studio
36 Baths
-- Sq Ft
9,627 Sq Ft Lot

Sale Details

Date Sold: May 23, 2018

Last sale price $125,000

Est. 246% increase in value since last sale

Current estimated payment $3,143 / mo

6 Days on Market

About This Home

As of May 2018

Investors 6 units available with 7 car garage. Each studio unit is exactly the same with a kitchen, full bath, bedroom/living area. One a/c unit in each apartment. This Won't Last Act Now !

Last Agent to Sell the Property

Natalee Dismuke

Coldwell Banker Real Estate Group - Rockford License #471001263 Listed on: 05/04/2018

Coldwell Banker Real Estate Group - Rockford

Last Buyer's Agent

Joan Couris

Keller Williams Thrive License #475155965

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,627

Interior Spaces

  • 36 Bathrooms
  • 2-Story Property

Additional Features

  • Lot Dimensions are 36.00x0.00
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $2,000
  • Insurance Expense $1,350
  • Trash Expense $1,200
  • Water Sewer Expense $1,000
  • Operating Expense $10,000
  • Gross Income $3,150
  • Net Operating Income $27,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

9,627 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 36
  • Room: 0

Utilities

  • Heat/Ventilation: Electric

Fee Information

  • Trash Expense: 1200
  • Water Sewer Expenses: 1000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 36.00X0.00
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 5

Multi Family

  • Net Operating Income: 27800
  • Insurance Expense: 1350
  • ElectricExpense: 2000
  • GrossIncome: 3150
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 10000
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 7791.16
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
May 23, 2018
Sold by
Bought by
Seller's Agent
Natalee Dismuke
Coldwell Banker Real Estate Group - Rockford
Buyer's Agent
Joan Couris
Keller Williams Thrive
List Price
$299,000
Sold Price
$125,000
Premium/Discount to List
-$174,000
-58.19%
Current Estimated Value
$432,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,283
Avg. Annual Appreciation
16.38%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$125,000 Starck Title Services
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/23/2018 05/23/18 Sold $125,000 -58.2% --
05/10/2018 05/10/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $299,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,456 $114,161 $34,285 $79,876
2023 $8,792 $103,136 $30,974 $72,162
2022 $8,155 $94,042 $28,243 $65,799
2021 $7,844 $87,922 $26,405 $61,517
2020 $7,655 $83,935 $25,208 $58,727
2019 $7,467 $79,953 $24,012 $55,941
2018 $7,447 $75,321 $22,621 $52,700
2017 $7,791 $75,750 $22,750 $53,000
2016 $8,078 $75,739 $21,106 $54,633
2015 -- $69,422 $19,346 $50,076
2014 -- $68,565 $19,107 $49,458
2013 -- $70,374 $19,611 $50,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09940214

Midwest Real Estate Data (MRED)

APN: 06-10-103-028

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