NOT LISTED FOR SALE
5 Beds
2 Baths
-- Sq Ft
1907 Built

Sale Details

Date Sold: May 24, 2024

Last sale price $154,500

59 Days on Market

About This Home

As of May 2024

Welcome to this recently updated and meticulously maintained two-unit property, offering a perfect blend of comfort and investment potential. The first unit features three spacious bedrooms, creating a welcoming and versatile living space. With modern finishes and attention to detail, this unit provides a stylish and comfortable atmosphere. The second unit, a large two-bedroom residence, complements the property's appeal with its thoughtful layout. Both units have undergone recent updates, ensuring a turnkey living experience for residents. Investors will appreciate the impressive gross income of $28,800, showcasing the property's strong rental income. The strategic location ensures convenience with proximity to essential amenities, schools, and public transportation. Whether you're seeking a lucrative investment opportunity or a multi-generational living arrangement, this two-unit property offers the best of both worlds. Don't miss the chance to own a property that is professional managed that combines modern living spaces with a solid income stream.

Last Agent to Sell the Property

Paul Kempa

Realty One Group Excel License #471017592 Listed on: 02/16/2024

Realty One Group Excel

Last Buyer's Agent

Rhonda Buckley

@properties Christie's International Real Estate License #475151845

@properties Christie's International Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,326

Year Built

  • Built in 1907 | Remodeled in 2023

Home Design

  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 37x127

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $360
  • Manager Expense $2,880
  • Water Sewer Expense $1,313
  • Gross Income $28,800
  • Net Operating Income $18,921

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,326

Year Built

Built in 1907 | Remodeled in 2023

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1907
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • OpenParkingSpaces: 2
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 2880

Fee Information

  • Water Sewer Expenses: 1313

Lot Info

  • Lot Dimensions: 37X127
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 18921
  • ElectricExpense: 360
  • GrossIncome: 28800
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5326.24
  • Tax Year: 2022
  • Tax Exemptions: None

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
Feb 16, 2024
Closed on
May 23, 2024
Sold by
Bought by
Seller's Agent
Paul Kempa
Realty One Group Excel
Buyer's Agent
Rhonda Buckley
@properties Christie's International Real Estate
List Price
$150,000
Sold Price
$154,500
Premium/Discount to List
$4,500
3%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Outstanding Balance
$113,399
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,428
Interest Rate
4.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 12, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$154,500 None Listed On Document
$111,000 Alliance Title Corporation
$142,000 Ticor Title Insurance Co
$10,000 None Available
-- None Available
$8,000 Multiple
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $115,500
Previous Owner $139,428
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
05/24/2024 05/24/24 Sold $154,500 +3.0% --
04/16/2024 04/16/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $150,000 -- --
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
2025 $5,721 $10,763 $1,814 $8,949
2024 $5,721 $10,763 $1,814 $8,949
2023 $5,326 $10,763 $1,814 $8,949
2022 $5,326 $8,427 $1,572 $6,855
2021 $5,115 $8,427 $1,572 $6,855
2020 $4,952 $8,427 $1,572 $6,855
2019 $5,982 $10,387 $1,451 $8,936
2018 $5,687 $10,387 $1,451 $8,936
2017 $5,437 $10,387 $1,451 $8,936
2016 $4,708 $8,780 $1,330 $7,450
2015 $3,264 $8,780 $1,330 $7,450
2014 $3,264 $8,780 $1,330 $7,450
2013 $3,361 $9,272 $1,330 $7,942
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11982675

Midwest Real Estate Data (MRED)
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