NOT LISTED FOR SALE

Estimated Value: $576,000 - $1,375,000

10 Beds
6 Baths
7,600 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $1,425,000 $188 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $6,742/month

About This Home

As of August 2023

Sold During Processing

Last Agent to Sell the Property

Herbert Straus

Keller Williams Thrive License #475146106 Listed on: 07/18/2023

Keller Williams Thrive

Last Buyer's Agent

Herbert Straus

Keller Williams Thrive License #475146106 Listed on: 07/18/2023

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,161

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 135x189
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 7,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $802
  • Fuel Expense $2,522
  • Insurance Expense $3,500
  • Other Expense $6,000
  • Trash Expense $1,714
  • Water Sewer Expense $2,177
  • Operating Expense $19,111
  • Gross Income $9,960
  • Net Operating Income $78,171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,161

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1977
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 10
  • Fireplaces: 2
  • Refrigerators: 8
  • Ranges: 8
  • Number of Washers: 2
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 1425000
  • Roof: Composition
  • Exterior Building Type: Brick

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Central Heat/Indiv Controls

Condo/Co-op/Association

  • Unincorporated (Y/N): Yes
  • Conversion YN: N

Fee Information

  • Trash Expense: 1714
  • Water Sewer Expenses: 2177
  • Janitor Expense: 800

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 135X189
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 7600

Multi Family

  • Net Operating Income: 78171
  • Fuel Expense: 2522
  • Insurance Expense: 3500
  • ElectricExpense: 802
  • GrossIncome: 9960
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 19111
  • Expense Year: 2023
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 15161
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Vernon E Risty Revocable Trust and Risty Vernon E
Bought by
Verco Re Holdings Llc
Current Estimated Value
$962,138

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 14, 2023
Sold by
Good Bros Properties Llc
Bought by
Vernon E Risty Revocable Trust
Seller's Agent
Herbert Straus
Keller Williams Thrive
Buyer's Agent
Herbert Straus
Keller Williams Thrive
List Price
$1,425,000
Sold Price
$1,425,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.76%

Purchase Details

Closed on
Aug 20, 2019
Sold by
Chicago Title Land Trust Co
Bought by
Good Bros Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.8%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Verco Re Holdings Llc -- None Listed On Document
Vernon E Risty Revocable Trust $1,425,000 Chicago Title
Good Bros Properties Llc $735,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Good Bros Properties Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $1,425,000 0.0% $188 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $1,425,000 -- $188 / 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 $19,392 $210,012 $21,355 $188,657
2023 $15,161 $198,162 $20,150 $178,012
2022 $15,161 $164,494 $16,727 $147,767
2021 $14,569 $162,721 $16,547 $146,174
2020 $14,239 $163,276 $16,603 $146,673
2019 $13,798 $162,674 $16,542 $146,132
2018 $14,269 $165,940 $15,935 $150,005
2017 $13,905 $162,067 $15,563 $146,504
2016 $13,423 $155,192 $14,903 $140,289
2015 $13,219 $145,134 $13,937 $131,197
2014 $13,484 $147,061 $14,122 $132,939
2012 $13,363 $147,355 $14,150 $133,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11835079

Midwest Real Estate Data (MRED)

APN: 15-34-111-006