NOT LISTED FOR SALE

Estimated Value: $1,102,000 - $1,540,000

4 Beds
2 Baths
8,100 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 26, 2012

Last sale price $540,000 $67 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $8,257/month

13 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to E 181St
  • 1-Story Property
  • Wood Siding

About This Home

As of December 2012

Located within the Rockwood Urban Renewal Area. Lots of great things happening in Rockwood!! Pricing based on the "Old Rockwood." Call for details on the Urban Renewal to see the "New Rockwood." Excellent investment opportunity at a 8.7 Cap Rate & a 14% Cash on Cash Return - based on Actual Financials.

Last Agent to Sell the Property

Kathy Rogers

Township Properties License #200012037 Listed on: 09/26/2012

Co-Listed By

Marc Rogers

Township Properties License #910700060

Last Buyer's Agent

Brian Eustis

MORE Realty License #200412129

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,919

Year Built

  • Built in 1963

Lot Details

  • 0.51

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 12 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,919

Year Built

Built in 1963

Lot Details

0

Parking

12

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 8100
  • Stories: 1
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, No Basement
  • Legal Description: TALBOT, BLOCK 5, LOT 5 EXC PT IN ST

Exterior Features

  • Exterior Description: Stone, Wood Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Built-Up

Garage/Parking

  • Garage Or Parking Spaces: 12
  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Hartley
  • Middle School: Reynolds
  • High School: Reynolds

Lot Info

  • Lot Description: On Busline, Light Rail
  • Zoning: RTC

Tax Info

  • Tax Amount: 6712.77
  • Assessor Parcel Number: R283564

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 12
  • Gross Rent Multiplier: 6.58

MLS Schools

  • Elementary School: Hartley
  • High School: Reynolds
  • Middle School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2012
Closed on
Dec 15, 2012
Sold by
Cook Kenneth L
Bought by
Kosta John C and Kosta Catherine A
Seller's Agent
Kathy Rogers
Township Properties
Buyer's Agent
Brian Eustis
MORE Realty
List Price
$585,000
Sold Price
$540,000
Premium/Discount to List
-$45,000
-7.69%
Current Estimated Value
$1,333,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$793,684
Avg. Annual Appreciation
7.72%
Original Mortgage
$219,500
Interest Rate
3.27%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2005
Sold by
Cook Kenneth L
Bought by
Cook Kenneth L and Cook Carolie

Purchase Details

Closed on
Oct 25, 2004
Sold by
Choi Tae Ik
Bought by
Cook Kenneth L and Cook Carolie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2003
Sold by
Louise Manor Llc
Bought by
Choi Tae Ik and Choi Young Kye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 1998
Sold by
Columbia Turel Inc
Bought by
Louise Manor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1998
Sold by
Aschbacher Dana R
Bought by
Columbia Turel Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1998
Sold by
Hahn Lawrence A
Bought by
Strutz Lawrence C and Strutz Given M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1998
Sold by
Strutz Lawrence C
Bought by
Aschbacher Dana R and Aschbacher Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 1996
Sold by
Mullen Roy D
Bought by
Pintok Mullen
Source: Public Records

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Range of Values:

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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
Kosta John C $540,000 First American
Cook Kenneth L -- --
Cook Kenneth L $585,000 Pacific Northwest Title Of O
Choi Tae Ik $500,000 Chicago Title
Louise Manor Llc -- First American Title Ins Co
Columbia Turel Inc $350,000 First American Title Ins
Strutz Lawrence C -- First American Title Ins Co
Aschbacher Dana R -- First American Title Ins Co
Pintok Mullen -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kosta John C $219,500
Previous Owner Cook Kenneth L $438,750
Previous Owner Choi Tae Ik $360,000
Previous Owner Louise Manor Llc $375,000
Previous Owner Columbia Turel Inc $295,000
Closed Choi Tae Ik $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2012 12/26/12 Sold $540,000 -7.7% $67 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $585,000 -- $72 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $9,919 $569,100 $0 $0
2022 $9,674 $552,530 $0 $0
2021 $9,435 $536,440 $0 $0
2020 $8,827 $520,820 $0 $0
2019 $8,461 $505,660 $0 $0
2018 $8,376 $490,940 $0 $0
2017 $8,106 $476,650 $0 $0
2016 $7,753 $462,770 $0 $0
2015 $7,529 $449,300 $0 $0
2014 $7,274 $436,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12195261

Regional Multiple Listing Service (RMLS)

APN: R283564