NOT LISTED FOR SALE

Estimated Value: $304,000 - $511,000

8 Beds
4 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold July 16, 2012

Last sale price $130,000

Est. 191% increase in value since last sale

Current estimated payment $2,774/month

15 Days on Market

About This Home

As of July 2012

Short Sale Opportunity - this all brick L shaped building offers all 2 bedroom, 1 bath units. Owners have installed 8 brand new doors, newer carpet, 3 new stoves and refrigerators, new toilets, new kitchen floors, some new storm windows, new gutters, new hot water heater and more. Tenants pay their own electric and owner pays the heat.

Last Agent to Sell the Property

Karen Ginn

RE/MAX Plaza License #475088014 Listed on: 02/20/2012

RE/MAX Plaza

Last Buyer's Agent

Adam Saffro

New Era Chicago, LLC License #475120147

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $8,750

Year Built

  • 1977

Lot Details

  • 10,454

Parking

  • Off Alley Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Property Details

Home Type

Other

Est. Annual Taxes

$8,750

Year Built

1977

Lot Details

0

Interior Features

  • Total # Of Rooms: 16
  • Equipment: CO Detectors, Ceiling Fan
  • Basement: None
  • Basement: Slab

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 6
  • Parking: Off Alley
  • Parking Type: Space/s

Utilities

  • Water: Public
  • Heat/Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Units in Building: 4

Schools

  • Junior High Dist: 6
  • Other Public School: Various

Lot Info

  • Lot Dimensions: 75 X 143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2014
Sold by
Hasop Ia Llc
Bought by
West Ridge Capital Llc
Current Estimated Value
$378,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 20, 2012
Closed on
Aug 21, 2012
Sold by
High Alpine Opportunity Fund I Llc
Bought by
Hasof 1A Llc
Seller's Agent
Karen Ginn
RE/MAX Plaza
Buyer's Agent
Adam Saffro
New Era Chicago, LLC
List Price
$159,900
Sold Price
$130,000
Premium/Discount to List
-$29,900
-18.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$180,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 20, 2012
Closed on
Jul 3, 2012
Sold by
Girardi Michael R and Girardi Anna
Bought by
High Alpine Special Opportunity Fund 1 L
Seller's Agent
Karen Ginn
RE/MAX Plaza
Buyer's Agent
Adam Saffro
New Era Chicago, LLC
List Price
$159,900
Sold Price
$130,000
Premium/Discount to List
-$29,900
-18.7%

Purchase Details

Closed on
Jan 6, 2006
Sold by
Smith Peter
Bought by
Girardi Michael R and Girardi Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
8.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 1999
Sold by
Velarde Jose C and Velarde Daina
Bought by
Smith Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,684
Interest Rate
7.77%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
West Ridge Capital Llc $335,000 Ctic
Hasof 1A Llc -- None Available
High Alpine Special Opportunity Fund 1 L $130,000 None Available
Girardi Michael R $295,000 None Available
Smith Peter $196,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Ridge Capital Llc $249,000
Closed West Ridge Capital Llc $251,250
Previous Owner Hasof 1A Llc $180,000
Previous Owner Girardi Michael R $279,000
Previous Owner Girardi Michael R $265,500
Previous Owner Smith Peter $69,586
Previous Owner Smith Peter $199,397
Previous Owner Smith Peter $193,447
Previous Owner Smith Peter $194,684
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2012 07/16/12 Sold $130,000 -18.7% --
03/06/2012 03/06/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $159,900 -- --
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 $8,750 $70,986 $15,854 $55,132
2023 $8,619 $63,290 $14,135 $49,155
2022 $8,619 $60,301 $13,956 $46,345
2021 $8,924 $56,568 $13,092 $43,476
2020 $8,751 $53,206 $12,314 $40,892
2019 $8,464 $49,563 $11,471 $38,092
2018 $8,747 $49,563 $11,471 $38,092
2017 $8,778 $45,977 $10,641 $35,336
2016 $8,333 $41,737 $9,660 $32,077
2015 $8,125 $37,870 $8,765 $29,105
2014 $8,584 $41,312 $9,451 $31,861
2012 $7,936 $43,996 $10,065 $33,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07999956

Midwest Real Estate Data (MRED)

APN: 04-17-402-012