$154,237
SOLD AUG 17, 2016

1532 Clarence Ave Berwyn, IL 60402

3 Beds
2 Baths
-- Sq Ft
6,055 Sq Ft Lot

Recently Sold

22% Above List Price

53 Days on Market

About This Home

As of August 2018

Money Maker!! Solid brick two unit in Berwyn. May also be a great candidate for a single family conversion. Walk out lower level. Large fully fenced yard with rear deck. 1 Car detached garage and a huge concrete pad for additional off street parking. Wood laminate floors throughout the main level. The kitchen has great cabinet and counter space. Fantastic opportunity to build some sweat equity here! Property sold as-is without warranties or repairs. Seller does not provide a survey. Taxes prorated 100%.

Last Agent to Sell the Property

Edward Lukasik

RE/MAX Professionals License #471020258 Listed on: 05/27/2016

RE/MAX Professionals

Last Buyer's Agent

Gerald McQuirter

Apex Property Insight, Inc License #471017183

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,191

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 48x126

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,191

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 126900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 98

Lot Info

  • Lot Dimensions: 48X126
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6191.25
  • Tax Year: 2014

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
Apr 18, 2018
Closed on
Aug 2, 2018
Sold by
Jre Real Estate Holdings Llc
Bought by
Erwin Lawson Wendy M
Seller's Agent
Gerald McQuirter
REMAX Legends
Buyer's Agent
Mary Carlin
Baird & Warner
List Price
$299,500
Sold Price
$274,500
Premium/Discount to List
-$25,000
-8.35%
Current Estimated Value
$323,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,577
Avg. Annual Appreciation
3.55%
Original Mortgage
$260,775
Outstanding Balance
$229,367
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$122,386

Purchase Details

Listed on
May 27, 2016
Closed on
Aug 12, 2016
Sold by
Primestar Fund I Trs Llc
Bought by
Jre Real Estate Holdings Llc
Seller's Agent
Edward Lukasik
RE/MAX Professionals
Buyer's Agent
Gerald McQuirter
Apex Property Insight, Inc
List Price
$126,900
Sold Price
$154,237
Premium/Discount to List
$27,337
21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.03%

Purchase Details

Closed on
Dec 31, 2015
Sold by
Wilmington Savings Fund Society
Bought by
Primestar Fund I Trs Llc

Purchase Details

Closed on
Nov 3, 2015
Sold by
Jirnenez Manuel
Bought by
Wilmington Savings Fund Society Fsb and Primestar H Fund I Tr

Purchase Details

Closed on
Aug 20, 2003
Sold by
Jimenez Manuel and Jimenez Ricardo
Bought by
Jimenez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 1993
Sold by
Passero Anthony and Passero Beverly
Bought by
Jiminez Manuel and Jimenez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,600
Interest Rate
6.96%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $274,500 Acquest Title Services Llc
Special Warranty Deed $154,237 Acquest Title Services Llc
Quit Claim Deed -- Acquest Title Services Llc
Sheriffs Deed -- Premier Title
Interfamily Deed Transfer -- Brokers Title Insurance Co
Warranty Deed $83,333 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,775 New Conventional
Previous Owner $204,000 Commercial
Previous Owner $124,600 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $274,500 0.0% $283 / Sq Ft
07/16/2018 07/16/18 Off Market $274,500 -- --
07/03/2018 07/03/18 Pending -- -- --
06/29/2018 06/29/18 Price Changed $279,500 -3.5% $288 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
05/15/2018 05/15/18 Price Changed $289,500 -3.3% $298 / Sq Ft
05/01/2018 05/01/18 For Sale $299,500 0.0% $309 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $299,500 +94.2% $309 / Sq Ft
08/17/2016 08/17/16 Sold $154,237 +21.5% --
07/19/2016 07/19/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $126,900 0.0% --
06/09/2016 06/09/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $126,900 -- --
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 $7,133 $26,000 $6,804 $19,196
2023 $4,893 $26,000 $6,804 $19,196
2022 $4,893 $15,630 $5,897 $9,733
2021 $4,694 $15,629 $5,896 $9,733
2020 $5,810 $15,629 $5,896 $9,733
2019 $6,463 $15,670 $5,292 $10,378
2018 $6,209 $15,670 $5,292 $10,378
2017 $2,430 $6,329 $5,292 $1,037
2016 $5,801 $16,212 $4,384 $11,828
2015 $5,640 $16,212 $4,384 $11,828
2014 $5,505 $16,212 $4,384 $11,828
2013 $5,547 $18,846 $4,384 $14,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09240065

Midwest Real Estate Data (MRED)

APN: 16-19-226-052-0000