Seller's Agent in 2017
Stephen Tuminello
Wilk Real Estate
(708) 359-0559
2 Total Sales
1953 Elgin Ave Joliet, IL 60432
Belmont NeighborhoodEstimated Value: $226,000 - $251,000
4
Beds
2
Baths
--
Sq Ft
0.35
Acres
Highlights
- Ranch Style House
- Corner Lot
- Porch
- Loft
- Fenced Yard
- Forced Air Heating System
About This Home
As of February 2017INVESTORS DREAM HOUSE!!! THIS 2 UNIT PROPERTY PROVIDES A WHOPPING 16% CAP RATE. THE 2 UNITS GENERATE $1,700 PER MONTH AND BEST OF ALL, THE MAIN UNIT IS SECTION 8 APPROVED. 2016 Both UNITS WERE REHABBED. 2011 BOTH UNITS HAD COMPLETE TEAR OFFS AND NEW ROOFS INSTALLED, 2011 BOTH UNITS HAD NEW FURNACES INSTALLED, 2011 NEW FLOORS, CARPET, SIDING AND GUTTERS WERE INSTALLED ON BOTH UNITS. 2015 A NEW SHOWER/TUB ENCLOSURE WAS INSTALLED IN THE MAIN UNIT. CALCULATE THE NUMBERS AND BRING AN OFFER TODAY, THIS PROPERTY IS PRICED TO SELL QUICK.
Last Agent to Sell the Property
Wilk Real Estate License #475160034 Listed on: 12/06/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,090
Year Built
- Built in 1967 | Remodeled in 2016
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 120x125
- Fenced Yard
- Corner Lot
Home Design
- Ranch Style House
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Loft
- Unfinished Basement
- Partial Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Parking
- 6 Parking Spaces
- Driveway
- Uncovered Parking
- Parking Included in Price
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Well
Community Details
- 2 Units
- Gross Income $15,470
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 6, 2016
Closed on
Feb 2, 2017
Sold by
Krystal View Ind Inc
Bought by
Hurtado Jonathan
Seller's Agent
Stephen Tuminello
Wilk Real Estate
Buyer's Agent
Marcos Rojas
Marcos Rojas Realty Inc
List Price
$104,900
Sold Price
$104,000
Premium/Discount to List
-$900
-0.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,667
Avg. Annual Appreciation
10.13%
Original Mortgage
$102,116
Outstanding Balance
$85,017
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$153,650
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hurtado Jonathan | $104,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hurtado Jonathan | $102,116 | |
| Previous Owner | Jones Ronald G | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2017 02/02/17 | Sold | $104,000 | -0.9% | -- |
| 12/07/2016 12/07/16 | Pending | -- | -- | -- |
| 12/06/2016 12/06/16 | For Sale | $104,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,094 | $61,173 | $7,595 | $53,578 |
| 2023 | $4,094 | $54,352 | $6,748 | $47,604 |
| 2022 | $3,976 | $49,165 | $6,104 | $43,061 |
| 2021 | $3,746 | $45,919 | $5,701 | $40,218 |
| 2020 | $3,550 | $43,608 | $5,414 | $38,194 |
| 2019 | $3,295 | $40,528 | $5,032 | $35,496 |
| 2018 | $3,009 | $36,328 | $4,500 | $31,828 |
| 2017 | $3,455 | $33,028 | $4,091 | $28,937 |
| 2016 | $3,244 | $29,756 | $3,733 | $26,023 |
| 2015 | $3,091 | $27,900 | $3,500 | $24,400 |
| 2014 | $3,091 | $27,800 | $3,500 | $24,300 |
| 2013 | $3,091 | $29,475 | $3,881 | $25,594 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Tuminello
-
Marcos Rojas
Buyer's Agent in 2017
Marcos Rojas
Marcos Rojas Realty Inc
(815) 530-9765
39 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09400495
APN: 30-07-12-125-049
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