$415,000
SOLD OCT 19, 2018
12 Beds
6 Baths
-- Sq Ft
9,583 Sq Ft Lot

Recently Sold

13% Below List Price

42 Days on Market

About This Home

As of August 2024

Six unit building with all 2 bedroom units, each unit has an living room with balcony, eat-in kitchen, 2 bedrooms, 1 bath, storage room and 1 car garage. The building has a brick facade on front & rear with siding on sides. All units are occupied. Coin laundry with owner owned machines on-site. Tenants pay for their own heat and electric. Interior photos are respective of unit size and rooms, each unit has its own unique flooring and decor.

Last Agent to Sell the Property

Jeff Kellenberger

Preferred Homes Realty License #471000230 Listed on: 07/10/2018

Last Buyer's Agent

Jeff Kellenberger

Preferred Homes Realty License #471000230 Listed on: 07/10/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,096

Year Built

  • 1967

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Cedar

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Insurance Expense $3,896

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,096

Year Built

1967

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2017
  • Net Oper Income: 32356
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 4732
  • Roof Coverings: Shingle Composition
  • Roof Structure: Gable
  • Scavenger Expense: 1800
  • Total Annual Exp: 18113
  • Total Annual Income: 62400
  • Total Monthly Income: 5100
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1967
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1967

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Cedar
  • Acreage: 0.22
  • Construction: Wood Frame
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 6-12 Spaces
  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Electric, Baseboard
  • Water Expense: 4405

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 890
  • Electrical Service: Circuit Breakers, 0-100 Amps
  • Janitor Expense: 693

Lot Info

  • Lot Dimensions: 66X140
  • Parcel Identification Number: 0615304007

Rental Info

  • Gross Rental Income: 61200
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Expense Year: 2017
  • Gross Rent Multiplier: 8
  • Insurance Expense: 3896
  • Other Expenses: 1120
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 11931

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
$716,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,069
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: MRD10013191

Midwest Real Estate Data (MRED)

APN: 06-15-304-007