$705,000
SOLD AUG 7, 2024
12 Beds
6 Baths
5,032 Sq Ft
9,932 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

5% Below List Price

About This Home

As of August 2024

6 unit building with all 2 bedroom units, each unit has living room, kitchen, 1 bath and bedroom, also featured is a private storage room and 1 garage space. Building was painted about 5 years ago and a new roof in 2018. Photos are of apt one when vacant in 2021.

Last Agent to Sell the Property

Jeff Kellenberger

Preferred Homes Realty License #471000230 Listed on: 07/13/2024

Last Buyer's Agent

Inactive Inactive

Baird & Warner Fox Valley - Geneva

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,618

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 73x159

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Mixed Use
  • Gable Roof Shape
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,032 Sq Ft Home
  • 2-Story Property
  • Exterior Basement Entry
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $20,152
  • Gross Income $77,700
  • Net Operating Income $43,430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,618

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1967
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Call Listing Office
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Fire Protection: Smoke or Fire Protectors
  • Fireplaces: 1
  • Drive-In Doors: 6
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Wood Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 739000
  • Roof: Composition
  • Exterior Building Type: Brick,Frame
  • Roof Structure: Gable

Garage/Parking

  • Outdoor Parking: 6-12 Spaces
  • Indoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Heat/Ventilation: Electric,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 73X159
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Board Number: 5
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 5032
  • Building Unit Info: No Units Furnished,Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 43430
  • GrossIncome: 77700
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 20152
  • Expense Year: 2023
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 14618
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2024
Closed on
Aug 5, 2024
Sold by
Schrock Zachary and Schrock Tracy
Bought by
Tridev Realty Llc
Seller's Agent
Jeff Kellenberger
Preferred Homes Realty
Buyer's Agent
Inactive Inactive
Baird & Warner Fox Valley - Geneva
List Price
$739,000
Sold Price
$705,000
Premium/Discount to List
-$34,000
-4.6%
Current Estimated Value
$706,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,514
Avg. Annual Appreciation
0.05%

Purchase Details

Listed on
Jul 10, 2018
Closed on
Oct 8, 2018
Sold by
Dietz Jeffrey L and Dietz Sara Ann
Bought by
Schrock Zachary and Schrock Tracy
Seller's Agent
Jeff Kellenberger
Preferred Homes Realty
Buyer's Agent
Jeff Kellenberger
Preferred Homes Realty
List Price
$475,000
Sold Price
$415,000
Premium/Discount to List
-$60,000
-12.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$312,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2000
Sold by
M & L Properties Inc
Bought by
Dietz Jeffrey L and Dietz Sara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
9%
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 Type Sale Price Title Company
Warranty Deed $705,000 None Listed On Document
Warranty Deed $415,000 Citywide Title Corp
Warranty Deed $238,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $312,000 Commercial
Previous Owner $275,000 New Conventional
Previous Owner $64,500 Credit Line Revolving
Previous Owner $300,000 Unknown
Previous Owner $656,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $705,000 -4.6% $140 / Sq Ft
07/29/2024 07/29/24 For Sale $739,000 +78.1% $147 / Sq Ft
10/19/2018 10/19/18 Sold $415,000 -7.8% --
08/21/2018 08/21/18 Pending -- -- --
08/17/2018 08/17/18 Price Changed $450,000 -5.3% --
07/10/2018 07/10/18 For Sale $475,000 -- --
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
2023 $15,096 $177,085 $30,252 $146,833
2022 $14,001 $161,471 $27,585 $133,886
2021 $13,469 $150,964 $25,790 $125,174
2020 $13,144 $144,119 $24,621 $119,498
2019 $12,822 $137,282 $23,453 $113,829
2018 $11,403 $115,341 $22,094 $93,247
2017 $11,931 $115,999 $22,220 $93,779
2016 $12,508 $117,283 $20,614 $96,669
2015 -- $107,501 $18,895 $88,606
2014 -- $106,174 $18,662 $87,512
2013 -- $108,974 $19,154 $89,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12123527

Midwest Real Estate Data (MRED)

APN: 06-15-304-007