NOT LISTED FOR SALE

Estimated Value: $375,816 - $422,000

7 Beds
3 Baths
600 Sq Ft
$672/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $249,500 $416 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,708/month

5 Days on Market

Highlights

  • Recreation Room
  • Bungalow
  • Senior Tax Exemptions
  • Enclosed Patio or Porch
  • Heating System Uses Steam

About This Home

As of April 2016

LEGAL 2 UNIT PROPERTY, 2 BEDROOMS FRAME COACH HOUSE W/ A CARPORT IN VERY GOOD CONDITION IN BACK OF LOT. FRONT OF BUILDING IS AN UPDATED BRICK BUNGALOW ON AN OVERSIZSED LOT 35 X 125 W/3 BEDROOMS ON THE FIRST FLOOR W/ HARDWOOD FLOORS & A LARGE EAT-IN KITCHEN. BASEMENT HAS RECENTLY BEEN COMPLETELY REMODELED W/ 2 BEDROOMS AND SUMMER KITCHEN FOR ENTERTAINMENT & A FULL BATH. U.S. WATERPROOFING BASEMENT W/ A SUMP PUMP & TWO HOT WATER TANKS & MANY NEW WINDOWS. ELECTRIC UPDATED W/ 2 NEW C/B BOXES & THERE ARE MAPLE FLOORS IN KITCHEN, PROPERTY HAS GREAT CURB APPEAL & IS IN SOLID CONDITION. GOOD INCOME GENERATING 2 UNIT. WE HAVE THE RECENT ZONING CERTIFICATE LEGAL 2 UNIT. THE ATTIC IS FULL & UNFINISHED BUT CAN BE FINISHED FOR ADDITIONAL LIVING SPACE. THIS LEGAL 2 FLAT IS PRICED WELL & THERE'S NOTHING LEFT TO DO BUT COLLECT THE INCOME. PROPERTY NEAR SCHOOLS & TRANSPORTATION. A DEFINITE MUST SEE.

Last Agent to Sell the Property

Al Rodriguez

RE/MAX City License #475154492 Listed on: 02/08/2016

RE/MAX City

Last Buyer's Agent

Laura Rivera

Homesmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1923

Lot Details

  • 4,704

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 35 x 125

Community Details

  • 3 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,022

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Room Type: Enclosed Porch, Recreation Room
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 249500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 35 X 125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3022
  • Tax Year: 2014
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,Coach House

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2016
Closed on
Apr 4, 2016
Sold by
Castro Janet
Bought by
Reynoso Jhonatan and Medina Jessia S
Seller's Agent
Al Rodriguez
RE/MAX City
Buyer's Agent
Laura Rivera
Homesmart Connect LLC
List Price
$249,500
Sold Price
$249,500
Current Estimated Value
$403,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,954
Avg. Annual Appreciation
5.25%
Original Mortgage
$244,980
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 19, 2015
Closed on
Jun 2, 2015
Sold by
Nawrocki Edward S
Bought by
Castro Janet
Seller's Agent
Norbert Mika
Compass
Buyer's Agent
Betsy Palumbo
HomeSmart Connect LLC
List Price
$156,000
Sold Price
$180,000
Premium/Discount to List
$24,000
15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.51%
Original Mortgage
$176,739
Interest Rate
3.75%
Mortgage Type
FHA
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
Reynoso Jhonatan $249,500 Heritage Title Company
Castro Janet $180,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynoso Jhonatan $229,554
Closed Reynoso Jhonatan $244,980
Previous Owner Castro Janet $176,739
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2016 04/05/16 Sold $249,500 0.0% $416 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $249,500 +38.6% $416 / Sq Ft
06/03/2015 06/03/15 Sold $180,000 +15.4% $141 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $156,000 -- $122 / Sq Ft
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 $6,167 $36,338 $8,671 $27,667
2023 $5,990 $32,527 $7,031 $25,496
2022 $5,990 $32,527 $7,031 $25,496
2021 $7,177 $38,999 $7,030 $31,969
2020 $4,268 $22,249 $5,858 $16,391
2019 $4,336 $25,000 $5,858 $19,142
2018 $4,941 $25,000 $5,858 $19,142
2017 $5,374 $24,950 $5,155 $19,795
2016 $6,522 $35,041 $5,155 $29,886
2015 $6,425 $35,041 $5,155 $29,886
2014 $3,022 $29,677 $4,687 $24,990
2013 $2,969 $29,677 $4,687 $24,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09134222

Midwest Real Estate Data (MRED)

APN: 13-32-206-019-0000