NOT LISTED FOR SALE

Estimated Value: $165,000 - $235,000

3 Beds
2 Baths
-- Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: June 24, 2016

Last sale price $57,500

Est. 239% increase in value since last sale

Current estimated payment $1,360 / mo

9 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • Baseboard Heating

About This Home

As of June 2016

This is a great investment opportunity. The building has been rehabbed and ready for tenants. The main floor offers 2 beds, 1 bath, living room and eat in kitchen. The lower unit is 1 bedroom and 1 bath with a kitchen and living room. The 1 bedroom is rented for $500/mos. with a long term tenant. The 2 bedroom is ready for a new tenant and did just rent for $650/mos. Owner pays water for both units and the tnts. pay gas and electric. Roof, siding, GFA, and 2 wtr htrs are about 5 years old.

Last Agent to Sell the Property

Bob Vergo

Karges Realty License #475103799 Listed on: 05/22/2016

Last Buyer's Agent

Bob Vergo

Karges Realty License #475103799 Listed on: 05/22/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,448

Year Built

  • Built in 1898

Lot Details

  • Lot Dimensions are 32 x 75

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Storm Screens

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • 2 Units
  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,448

Year Built

Built in 1898

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished,Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Stone
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Electric, Forced Air, Baseboard
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 32 X 75
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 13800
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2448
  • Tax Year: 2015
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2016
Closed on
Jun 24, 2016
Sold by
Diaz Angel and Diaz Bianca
Bought by
Donovan Kevin and Donovan Mildred
Seller's Agent
Bob Vergo
Karges Realty
Buyer's Agent
Bob Vergo
Karges Realty
List Price
$65,000
Sold Price
$57,500
Premium/Discount to List
-$7,500
-11.54%
Current Estimated Value
$194,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,438
Avg. Annual Appreciation
13.24%

Purchase Details

Closed on
Sep 9, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Diaz Angel and Diaz Bianca

Purchase Details

Closed on
May 28, 2009
Sold by
Qureshi Monica and Qureshi Ayaz
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 18, 2009
Sold by
Qureshi Monica and Qurueshi Ayaz
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 30, 2005
Sold by
Ronald J Orloff Llc
Bought by
Qureshi Ayaz and Qureshi Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2004
Sold by
Liptak Dale V and Liptak Christine S
Bought by
Ronald J Orloff Llc

Purchase Details

Closed on
Mar 3, 2003
Sold by
Pulley John F
Bought by
Ronald J Orloff Llc

Purchase Details

Closed on
Feb 2, 1999
Sold by
Stygar Mark
Bought by
Midwest Regional Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Donovan Kevin $57,500 First American Title
Diaz Angel $21,000 Atg
Deutsche Bank National Trust Company $81,521 None Available
Deutsche Bank National Trust Company $81,521 None Available
Qureshi Ayaz $82,500 First American Title
Ronald J Orloff Llc $55,000 --
Ronald J Orloff Llc -- --
Midwest Regional Enterprises Inc $52,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Qureshi Ayaz $67,900
Previous Owner Midwest Regional Enterprises Inc $41,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $57,500 -11.5% --
05/31/2016 05/31/16 Pending -- -- --
05/22/2016 05/22/16 For Sale $65,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,844 $45,889 $5,642 $40,247
2023 $3,844 $40,772 $5,013 $35,759
2022 $3,406 $36,881 $4,535 $32,346
2021 $3,237 $34,446 $4,236 $30,210
2020 $3,071 $32,712 $4,023 $28,689
2019 $2,921 $30,402 $3,739 $26,663
2018 $2,799 $28,093 $3,455 $24,638
2017 $2,638 $25,541 $3,141 $22,400
2016 $2,528 $23,517 $2,880 $20,637
2015 $2,421 $22,050 $2,700 $19,350
2014 $2,421 $21,950 $2,700 $19,250
2013 $2,421 $23,237 $2,997 $20,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09234266

Midwest Real Estate Data (MRED)

APN: 30-07-09-224-014

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