NOT LISTED FOR SALE

Estimated Value: $347,000 - $412,000

2 Beds
2 Baths
1,520 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $220,000 $145 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,436/month

4 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 3-minute walk to Oak Park
  • Howard Elementary School Rated A-
  • Fenced

About This Home

As of September 2021

Great Investment Opportunity...Prime Location...Highly Desired West Dearborn...2 Units Side by Side...Each Unit Has 1 Bedroom, Living Room, Bathroom, Kitchen and Private Basement...The potential Rent is $3,000 a month...This Will Not Last Long...Schedule Your Showing Today!

Last Agent to Sell the Property

Hassan Scheib

Own It Realty License #6502399271 Listed on: 08/20/2021

Co-Listed By

Sonny Bertoni

Own It Realty License #6501433418

Last Buyer's Agent

Hassan Scheib

Own It Realty License #6502399271 Listed on: 08/20/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1946 | Remodeled in 2006

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 130.00x53.00
  • Fenced

Home Design

  • 1,520 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 32820916218008

Community Details

Overview

  • 2 Units
  • Warren Dearborn Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,779

Year Built

Built in 1946 | Remodeled in 2006

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1946
  • State Equalized Value: 92200.0000
  • Year Renovated: 2006
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Private
  • Total Sq Ft: 1520

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block, Brick/Mortar
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 130.00X53.00
  • Parcel Number: 32820916218008
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 3000

Tax Info

  • Tax Amount Summer: 4237.0000
  • Tax Amount Winter: 542.0000
  • Total Tax: 4779.0000
  • Taxable Value: 64826.0000

Multi Family

  • Gross Scheduled Income: 36000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 17, 2021
Sold by
Georgia B Russell Revocable Trust
Bought by
Elsiss Jala and Siss Mahmoud Ei
Seller's Agent
Hassan Scheib
Own It Realty
Buyer's Agent
Hassan Scheib
Own It Realty
List Price
$299,900
Sold Price
$220,000
Premium/Discount to List
-$79,900
-26.64%
Current Estimated Value
$383,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,091
Avg. Annual Appreciation
13.49%

Purchase Details

Closed on
Oct 26, 2009
Sold by
Russell Dean T and Russell Dawn M
Bought by
Russell Theodore and Russell Georgia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elsiss Jala $220,000 None Listed On Document
Russell Theodore -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $220,000 -26.6% $145 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $299,900 -- $197 / Sq Ft
Source: Realcomp

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
2025 $5,197 $212,900 $0 $0
2024 $5,084 $141,300 $0 $0
2023 $4,810 $121,700 $0 $0
2022 $5,413 $105,300 $0 $0
2021 $4,842 $99,600 $0 $0
2019 $4,912 $85,000 $0 $0
2018 $4,143 $83,900 $0 $0
2017 $976 $65,800 $0 $0
2016 $3,921 $65,000 $0 $0
2015 $6,013 $70,300 $0 $0
2013 $5,825 $58,250 $0 $0
2011 -- $64,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210067657

Realcomp

APN: 32-09-162-18-008