NOT LISTED FOR SALE

Estimated Value: $529,000 - $646,000

9 Beds
5 Baths
-- Sq Ft
0.27 Acres

Last Sold August 26, 2024

Last sale price $605,000

Est. 1% increase in value since last sale

Current estimated payment $3,874/month

3 Days on Market

Highlights

  • Fenced Yard
  • 4 Car Detached Garage
  • Ceiling Fan
  • Balcony
  • Patio
  • Baseboard Heating

About This Home

As of August 2024

**MULTIPLE OFFERS DUE 5/21 @ 7:00**Now is your chance to own a recently updated 4 unit that is completely turn key! Everything in Unit 1A & 2A are brand new! New flooring, Quartz countertops, custom windows, cabinets, carpet, bathrooms, A/C units, baseboard heat units, paint, light fixtures, trim, appliances, doors & carpet in the common area! Property recently appraised for $575,000 on 4/1/2024. Unit 1B & 2B were also rehabbed within the last 5 years! Brand new Speed Queen coin laundry for all tenants to utilize in the recently rehabbed & designated laundry room! Each tenant has their own private garage + plenty of yard space! Full basement with tons of potential & 4 separate storage units with their own door & lock!

Last Agent to Sell the Property

Bryan Bartholomew

iHome Real Estate License #471020173 Listed on: 05/16/2024

Co-Listed By

Tyler Andersen

iHome Real Estate License #475169261

Last Buyer's Agent

Rachael Alvarez

Willow Real Estate, Inc License #475139743

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,292

Year Built

  • Built in 1971 | Remodeled in 2024

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 81.11x152.2
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Baseboard Heating
  • Multiple Water Heaters
  • Gas Water Heater

Community Details

  • 4 Units
  • Gross Income $51,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,292

Year Built

Built in 1971 | Remodeled in 2024

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters, Water Heater-Gas
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 574900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 131

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.27
  • Lot Dimensions: 81.11X152.2
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 51960
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8292
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 26, 2024
Sold by
Ihome Development Llc
Bought by
Octavio Properties Llc
Seller's Agent
Bryan Bartholomew
iHome Real Estate
Buyer's Agent
Rachael Alvarez
Willow Real Estate, Inc
List Price
$574,900
Sold Price
$605,000
Premium/Discount to List
$30,100
5.24%
Views
9
Current Estimated Value
$612,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,564
Avg. Annual Appreciation
1.16%
Original Mortgage
$514,250
Outstanding Balance
$499,589
Interest Rate
1.05%
Mortgage Type
New Conventional
Estimated Equity
$112,975

Purchase Details

Closed on
Aug 14, 2023
Sold by
Quach Jonathan
Bought by
Ihome Improvement Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2017
Sold by
Borealis Residential Properties Llc
Bought by
Quach Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2014
Sold by
Heffernan Robert T
Bought by
Borealis Residential Properties Llc 1770

Purchase Details

Closed on
Nov 18, 2013
Sold by
Borealis Residential Properties Llc
Bought by
Heffernan Robert T

Purchase Details

Closed on
Dec 31, 2009
Sold by
Heffernan Robert T
Bought by
Borealis Residential Properties Llc 1770

Purchase Details

Closed on
Oct 19, 2007
Sold by
Garcia Josefa
Bought by
Heffernan Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2001
Sold by
Adams Thomas E and Adams Judith A
Bought by
Garcia Josefa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.87%
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
Octavio Properties Llc -- Chicago Title
Ihome Improvement Llc $360,000 Old Republic Title
Quach Jonathan $250,000 Chicago Title Insurance Co
Borealis Residential Properties Llc 1770 -- None Available
Heffernan Robert T -- None Available
Borealis Residential Properties Llc 1770 -- None Available
Heffernan Robert T $348,000 Ticor Title Insurance Co
Garcia Josefa $290,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Octavio Properties Llc $514,250
Previous Owner Ihome Improvement Llc $300,000
Previous Owner Quach Jonathan $187,500
Previous Owner Heffernan Robert T $261,000
Previous Owner Garcia Josefa $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $605,000 +5.2% --
05/21/2024 05/21/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $574,900 -- --
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 $7,663 $111,790 $15,152 $96,638
2023 $7,464 $99,884 $13,538 $86,346
2022 $8,292 $109,133 $12,352 $96,781
2021 $8,202 $101,604 $11,500 $90,104
2020 $7,849 $94,375 $10,682 $83,693
2019 $7,705 $87,441 $9,897 $77,544
2018 $7,660 $84,118 $9,155 $74,963
2017 $7,514 $76,617 $8,435 $68,182
2016 $8,113 $77,096 $7,230 $69,866
2015 -- $68,476 $6,217 $62,259
2014 -- $65,593 $5,714 $59,879
2013 -- $63,462 $6,067 $57,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12058603

Midwest Real Estate Data (MRED)

APN: 15-12-253-033