NOT LISTED FOR SALE

Estimated Value: $103,872 - $344,000

6 Beds
3 Baths
2,992 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $85,000 $28 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,571/month

6 Days on Market

Highlights

  • Property is near a park
  • Fenced Yard
  • Enclosed Patio or Porch
  • Corner Lot
  • 2 Car Detached Garage
  • 3-minute walk to Davis Square Park

About This Home

As of April 2018

Large corner all-brick building with three apartments, one storefront, large yard and garage. The first floor has a storefront and a two bedroom, one bath apartment. The second floor has two, two bedroom, one bath apartments with additional storage in the enclosed porch. Super location right across the street from beautiful Davis Square Park. Incredible passive income potential. Needs work, updates, and repairs throughout. Best suited for experienced investors, sold "As-Is", will not qualify for regular financing, only Cash or Renovation financing. Due to the high number of showings, multiple offers likely to occur.

Last Agent to Sell the Property

Mario Barrios

RE/MAX Premier License #475133896 Listed on: 03/22/2018

RE/MAX Premier

Co-Listed By

Cornelis Hoogstraten

RE/MAX Premier License #475164550

Last Buyer's Agent

Efren Perez

Casa Perez Real Estate License #471007869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,962

Year Built

  • Built in 1902

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x123
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Brick or Stone Mason
  • Rubber Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating
  • Lake Michigan Water

Additional Features

  • Crawl Space
  • Enclosed Patio or Porch
  • Property is near a park

Community Details

  • 4 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,962

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1902
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Room Type: Enclosed Porch
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Other
  • Lot Features: Corner Lot, Fenced Yard, Park Adjacent
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: None
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X123
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Other

Tax Info

  • Tax Annual Amount: 2961.82
  • Tax Year: 2016
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Apr 19, 2018
Sold by
Ridgeland Crossing Property Llc
Bought by
Sam S Remodeling Inc 1
Seller's Agent
Mario Barrios
RE/MAX Premier
Buyer's Agent
Efren Perez
Casa Perez Real Estate
List Price
$84,900
Sold Price
$85,000
Premium/Discount to List
$100
0.12%
Current Estimated Value
$256,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,291
Avg. Annual Appreciation
15.83%

Purchase Details

Listed on
Mar 22, 2018
Closed on
Mar 9, 2018
Sold by
Hoyne Savings Bank
Bought by
Ridgeland Crossing Property Llc
Seller's Agent
Mario Barrios
RE/MAX Premier
Buyer's Agent
Efren Perez
Casa Perez Real Estate
List Price
$84,900
Sold Price
$85,000
Premium/Discount to List
$100
0.12%

Purchase Details

Closed on
Mar 15, 2016
Sold by
Judicialm Sales Corproation
Bought by
Prospect Federal Savings Bank

Purchase Details

Closed on
Dec 27, 2000
Sold by
Walkosz Vivian and Tondryk Alice M
Bought by
Gomez Antonio and Gomez Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2000
Sold by
Walkosz Joseph
Bought by
Walkosz Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2000
Sold by
Leko Mary and Walkosz Mary
Bought by
Walkosz Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2000
Sold by
Southam Susan and Walkosz Susan
Bought by
Walkosz Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 2000
Sold by
Dube Catherine and Walkosz Catherine
Bought by
Walkosz Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2000
Sold by
Werner Deborah and Walkosz Deborah
Bought by
Walkosz Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.18%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Sam S Remodeling Inc 1 $85,000 Attorney
Ridgeland Crossing Property Llc $39,000 Chicago Title
Prospect Federal Savings Bank -- None Available
Gomez Antonio $182,500 --
Walkosz Vivian -- --
Walkosz Vivian -- --
Walkosz Vivian -- --
Walkosz Vivian -- --
Walkosz Vivian -- --
Walkosz Vivian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Antonio $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold $85,000 +0.1% $28 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $84,900 -- $28 / 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 $2,743 $16,000 $1,845 $14,155
2023 $2,674 $13,000 $2,460 $10,540
2022 $2,674 $13,000 $2,460 $10,540
2021 $2,614 $13,000 $2,460 $10,540
2020 $1,791 $8,038 $3,075 $4,963
2019 $1,900 $9,457 $3,075 $6,382
2018 $1,189 $9,457 $3,075 $6,382
2017 $2,994 $17,285 $2,767 $14,518
2016 $2,962 $17,285 $2,767 $14,518
2015 $2,687 $17,285 $2,767 $14,518
2014 $2,325 $15,102 $2,613 $12,489
2013 $2,268 $15,102 $2,613 $12,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09893141

Midwest Real Estate Data (MRED)

APN: 20-06-406-019-0000