NOT LISTED FOR SALE

Estimated Value: $275,000 - $356,000

5 Beds
3 Baths
-- Sq Ft
5,924 Sq Ft Lot

Last Sold January 29, 2021

Last sale price $186,000

Est. 64% increase in value since last sale

Current estimated payment $1,918/month

7 Days on Market

About This Home

As of January 2021

Are you looking for an investment property that pays for itself? Each unit is individually metered for gas, electricity and tenants pay for refuse service. There is a nice sized backyard for the tenants to enjoy and provides a space for outdoor entertaining. The long driveway can be shared for some off street parking, but the 2 car garage is being conveyed as-is. Latest improvements to the property consist two new hot water heaters, one new furnace, a total clean-out of the basement with 9 new windows just installed. Great opportunity for a multi-unit rental property that is fully occupied by long term tenants who want to stay. 2 leases will be up for renewal/changes by new owner(s) in early 2021, 1 lease will be up for renewal in the Fall. The property is being sold in as-is condition, providing an opportunity for the right investor to snatch this one up quick!

Last Agent to Sell the Property

Cheryl Thomas

Baird & Warner License #475122934 Listed on: 11/27/2020

Baird & Warner

Last Buyer's Agent

Regi Ortega

Century 21 TK Realty License #475125597

Century 21 TK  Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,866

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50 x 118.5
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • C M Bardwell Elementary School
  • K D Waldo Middle School
  • East High School

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,866

Year Built

Built in 1900

Lot Details

5,924 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space

Exterior Features

  • Foundation Details: Block, Stone
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: C M Bardwell Elementary School
  • High School: East High School
  • Middle/Junior School: K D Waldo Middle School

Lot Info

  • Lot Dimensions: 50 X 118.5
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3865.5
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Jan 8, 2021
Sold by
Kemph Raymond M
Bought by
Cepeda Javier
Seller's Agent
Cheryl Thomas
Baird & Warner
Buyer's Agent
Regi Ortega
Century 21 TK Realty
List Price
$188,000
Sold Price
$186,000
Premium/Discount to List
-$2,000
-1.06%
Current Estimated Value
$304,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,332
Avg. Annual Appreciation
10.07%
Original Mortgage
$182,631
Outstanding Balance
$163,818
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$140,514

Purchase Details

Closed on
Nov 26, 2008
Sold by
Darby Delmonte I and Darby Caryl Sue
Bought by
Kemph Raymond M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,681
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2002
Sold by
Quiroga Jose and Quiroga Olga
Bought by
Quiroga Olga
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cepeda Javier $186,000 Baird & Warner Ttl Svcs Inc
Kemph Raymond M $178,000 Chicago Title Insurance Co
Quiroga Olga -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cepeda Javier $182,631
Previous Owner Kemph Raymond M $175,681
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $186,000 -1.1% --
12/04/2020 12/04/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $188,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,004 $66,407 $6,162 $60,245
2023 $3,836 $59,335 $5,506 $53,829
2022 $3,989 $52,501 $5,024 $47,477
2021 $3,944 $48,860 $4,677 $44,183
2020 $3,774 $45,383 $4,344 $41,039
2019 $3,866 $43,868 $4,025 $39,843
2018 $3,650 $40,085 $3,723 $36,362
2017 $3,403 $34,698 $3,430 $31,268
2016 $3,453 $32,810 $2,940 $29,870
2015 -- $29,263 $2,528 $26,735
2014 -- $30,372 $2,323 $28,049
2013 -- $34,595 $2,337 $32,258
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10941904

Midwest Real Estate Data (MRED)

APN: 15-27-207-013

Your Personal Tour Guide

Ask me questions while you tour the home.