NOT LISTED FOR SALE

Estimated Value: $383,000 - $426,137

7 Beds
5 Baths
-- Sq Ft
0.25 Acres

Last Sold August 26, 2024

Last sale price $400,000

Est. 3% increase in value since last sale

Current estimated payment $2,912/month

7 Days on Market

Highlights

  • Victorian Architecture
  • Heating System Uses Steam
  • 3-minute walk to Davidson Memorial Park
  • Ceiling Fan
  • Paved or Partially Paved Lot

About This Home

As of August 2024

Huge 3 story Victorian 4 flat in good condition and with "curb appeal." This building has a 3 Bedroom unit, a 2 Bedroom unit and two 1 Bedroom units. Lots of updating and exterior work done to this building in recent years. Updated plumbing, electrical panels and boiler. Tenants pay their own electric and cooking gas. Large parking area at rear of building. Great building with terrific cash flow.

Last Agent to Sell the Property

Ben Henrikson

RE/MAX Horizon License #475091643 Listed on: 06/05/2024

RE/MAX Horizon

Last Buyer's Agent

Natalie Kofie

RE/MAX All Pro - St Charles License #475204388

RE/MAX All Pro - St Charles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,943

Year Built

  • Built in 1906

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 55x148
  • Paved or Partially Paved Lot

Home Design

  • Victorian Architecture
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Unassigned Parking

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $273
  • Fuel Expense $6,771
  • Insurance Expense $2,490
  • Water Sewer Expense $2,796
  • Gross Income $57,600
  • Net Operating Income $37,327

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,943

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 399900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 2796

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 55X148
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 37327
  • Fuel Expense: 6771
  • Insurance Expense: 2490
  • ElectricExpense: 273
  • GrossIncome: 57600
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7943.4
  • Tax Year: 2023
  • Tax Exemptions: None

MLS Schools

  • Othr Public Sch: ECC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Aug 22, 2024
Sold by
Cuming Holdings Llc
Bought by
Flores Sergio and Flores Marin E
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Natalie Kofie
RE/MAX All Pro - St Charles
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Views
25
Current Estimated Value
$411,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,284
Avg. Annual Appreciation
2.74%
Original Mortgage
$380,000
Outstanding Balance
$375,828
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$35,456

Purchase Details

Closed on
Feb 22, 2016
Sold by
Weststar Industries Llc
Bought by
Cuming Holdings Llc

Purchase Details

Closed on
Nov 21, 2014
Sold by
Dutkovich James
Bought by
West Star Industries Llc

Purchase Details

Closed on
Feb 2, 2012
Sold by
Ohio Investments Llc
Bought by
Dutkovich James E

Purchase Details

Closed on
Jun 1, 2009
Sold by
Valdez Lucero
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 11, 2005
Sold by
Scarpelli Leonard
Bought by
Valdez Lucero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,214
Interest Rate
5.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 2003
Sold by
Scarpelli Janet
Bought by
Scarpelli Leonard
Source: Public Records

Range of Values:

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Average Value
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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
Flores Sergio $400,000 None Listed On Document
Cuming Holdings Llc $200,000 Prism Title
West Star Industries Llc -- None Available
Dutkovich James E $55,000 Pntn
Secretary Of Housing & Urban Development -- None Available
Valdez Lucero $245,000 Chicago Title Insurance Comp
Valdez Lucero $245,000 Chicago Title Insurance Comp
Scarpelli Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Sergio $380,000
Previous Owner Cuming Holdings Llc $187,245
Previous Owner Weststar Industries Llc $1,650,000
Previous Owner Dutkovich James E $133,000
Previous Owner Ohio Investments Llc $21,600
Previous Owner Valdez Lucero $241,214
Previous Owner Scarpelli Leonard $120,000
Previous Owner Scarpelli Leonard $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $400,000 0.0% --
06/14/2024 06/14/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $399,900 -- --
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
2024 $8,254 $103,144 $17,044 $86,100
2023 $7,943 $93,183 $15,398 $77,785
2022 $6,808 $78,518 $14,040 $64,478
2021 $6,549 $73,408 $13,126 $60,282
2020 $6,391 $70,079 $12,531 $57,548
2019 $6,235 $66,755 $11,937 $54,818
2018 $6,217 $62,887 $11,245 $51,642
2017 $6,115 $59,451 $10,631 $48,820
2016 $5,882 $55,155 $9,863 $45,292
2015 -- $50,554 $9,040 $41,514
2014 -- $49,929 $8,928 $41,001
2013 -- $51,247 $9,164 $42,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12075928

Midwest Real Estate Data (MRED)

APN: 06-13-378-006