NOT LISTED FOR SALE
7 Beds
5 Baths
-- Sq Ft
1951 Built

Last Sold April 29, 2022

Last sale price $470,000

49 Days on Market

About This Home

As of April 2022

COME CHECK OUT THIS STRONG INCOME PRODUCER WITH ROOM TO INCREASE AND ADD-ON-VALUE! 5-UNIT BUILDING HAS BEEN METICULOUSLY MAINTAINED BY CURRENT OWNER! SELLERS HAVE INVESTED $35K IN RENOVATIONS AND FULLY UPDATED 2 UNITS. CLOSE TO HIGHWAY AND TRANSPORTATION - TENANTS PAY OWN ELECTRIC - COIN-OP LAUNDRY. BUILDING TRULY IS ARMCHAIR INVESTMENT! MINIMUM 24HRS NOTICE FOR ALL SHOWING REQUESTS. SCHEDULE TODAY!

Last Agent to Sell the Property

Robert Fleckenstein

First In Realty, Inc. License #475168443 Listed on: 01/14/2022

Last Buyer's Agent

Debra Gatson

Baird & Warner License #475148620

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,484

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 50 x 125
  • Additional Parcels

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 5 Units
  • Gross Income $55,980

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,484

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1951
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Roof: Tar and Gravel
  • Roof Structure: Flat

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Baseboard

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50 X 125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • GrossIncome: 55980
  • NumberOfUnitsTotal: 5
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 10484
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $470,000 -2.1% --
03/05/2022 03/05/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $479,900 +35.2% --
06/24/2019 06/24/19 Sold $355,000 -9.0% -- View Prior Sale
04/16/2019 04/16/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $389,900 -- --
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
2025 $5,227 $19,000 $1,890 $17,110
2024 $5,227 $19,000 $1,890 $17,110
2023 $5,583 $19,000 $1,890 $17,110
2022 $5,583 $16,784 $1,496 $15,288
2021 $5,380 $16,783 $1,496 $15,287
2020 $5,242 $16,783 $1,496 $15,287
2019 $4,246 $12,320 $1,338 $10,982
2018 $4,111 $12,320 $1,338 $10,982
2017 $4,056 $12,320 $1,338 $10,982
2016 $3,501 $10,059 $1,181 $8,878
2015 $3,457 $10,059 $1,181 $8,878
2014 $3,361 $10,059 $1,181 $8,878
2013 $3,513 $11,397 $1,181 $10,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11304642

Midwest Real Estate Data (MRED)