NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
7,884 Sq Ft Lot

Last Sold December 10, 2021

Last sale price $70,000

182 Days on Market

About This Home

As of December 2021

All brick corner building with 3 commercial rental units. High traffic corner location at Nebraska and Sheridan and adjacent to Central High School ballpark. Features include a new sidewalk and parking lot in rear of building. Additional parking lot across from alley with parking for around 20 cars also included in the purchase price.

Last Agent to Sell the Property

Mark Rosenberg

Oakwood Real Estate License #471012524 Listed on: 06/03/2021

Last Buyer's Agent

Mark Rosenberg

Oakwood Real Estate License #471012524 Listed on: 06/03/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,016

Lot Details

  • 7,884

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for common area maintenance, insurance, real estate taxes, roof, snow/lawn

Property Details

Property Type

Other

Est. Annual Taxes

$2,016

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment, Office, Retail
  • Lvt Date: 06/03/2021
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring
  • Total Building Sq Ft: 4263

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Corner Lot, City Street, Paved 4Lane
  • Insulation: Unknown
  • Roof Construction: Flat
  • Wall Construction: Block, Brick

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Supply: City on Premises

Lot Info

  • Zoning: CN
  • Estimated Land Size: 60x132
  • Geo Subdivision: IL
  • Lot Size Remarks: 33x142 parking lot included with purchase, plenty of room for all cars
  • Property Use: Neighborhood Center

Rental Info

  • Monthly Lease Rate: 600
  • Owner Pays: Common Area Maint, Insurance, Real Estate Taxes, Roof, Snow/Lawn
  • Tenant Pays: Cooling, Electric, Heating
  • Terms Lease: Other Term/Lease

Tax Info

  • Annual Taxes: 2015.54
  • Parcel Id Number Tax Id: 18-04-101-001
  • Tax Incentive: In City Limit, Enterprize Zone, Hub Zones
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Dec 20, 2021
Sold by
Jeff Cohen
Bought by
Issa Mohammed
Seller's Agent
Mark Rosenberg
Oakwood Real Estate
Buyer's Agent
Mark Rosenberg
Oakwood Real Estate
List Price
$199,900
Sold Price
$70,000
Premium/Discount to List
-$129,900
-64.98%

Purchase Details

Listed on
Jun 3, 2021
Closed on
Dec 10, 2021
Sold by
Jeff Cohen
Bought by
Issa Mohammed
Seller's Agent
Mark Rosenberg
Oakwood Real Estate
Buyer's Agent
Mark Rosenberg
Oakwood Real Estate
List Price
$199,900
Sold Price
$70,000
Premium/Discount to List
-$129,900
-64.98%

Purchase Details

Listed on
Sep 13, 2012
Closed on
Sep 6, 2013
Bought by
Cohen Jeff and Schiesel Karen
Seller's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
Buyer's Agent
Mark Rosenberg
Oakwood Real Estate
List Price
$100,000
Sold Price
$42,500
Premium/Discount to List
-$57,500
-57.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
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
Issa Mohammed $70,000 Miller Theresa
Issa Mohammed $70,000 Miller Theresa
Issa Mohammed $70,000 Miller Theresa
Cohen Jeff $42,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2021 12/10/21 Sold $70,000 -53.3% --
12/02/2021 12/02/21 Pending -- -- --
11/04/2021 11/04/21 Price Changed $149,900 -11.8% --
10/14/2021 10/14/21 Price Changed $169,900 -5.6% --
09/19/2021 09/19/21 Price Changed $179,900 -10.0% --
06/03/2021 06/03/21 For Sale $199,900 +370.4% --
09/09/2013 09/09/13 Sold $42,500 -57.5% -- View Prior Sale
08/19/2013 08/19/13 Pending -- -- --
09/13/2012 09/13/12 For Sale $100,000 -- --
Source: RMLS Alliance

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 $2,213 $24,470 $8,550 $15,920
2023 $2,112 $22,450 $7,840 $14,610
2022 $2,119 $21,970 $7,610 $14,360
2021 $1,613 $16,220 $7,600 $8,620
2020 $1,625 $16,220 $7,600 $8,620
2019 $1,650 $16,560 $7,760 $8,800
2018 $1,611 $16,540 $7,750 $8,790
2017 $1,611 $16,710 $7,830 $8,880
2016 $1,567 $16,710 $7,830 $8,880
2015 $1,304 $16,390 $7,680 $8,710
2014 $3,730 $14,170 $7,770 $6,400
2013 -- $41,010 $7,770 $33,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1225515

RMLS Alliance

APN: 18-04-101-001