NOT LISTED FOR SALE

Estimated Value: $186,000 - $284,000

4 Beds
2 Baths
704 Sq Ft
$325/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $220,000 $312 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,458/month

6 Days on Market

About This Home

As of May 2021

Great opportunity to own 2 Flat solid brick building with 2Br and 1Bth each unit plus fully finished huge attic for first time or seasoned investors! This fenced property has a lot to offer with recent updates which includes new roof (2020), Forced Air & water heater (2018), new porch, new stucco over brick, new kitchen cabinets, new bathroom, new siding. This property is being sold "as is" with no appliances.

Last Agent to Sell the Property

Ruby Castelar

Real Broker LLC License #471014224 Listed on: 04/07/2021

Co-Listed By

Rosa Pereyra

Real Broker LLC License #475194436

Last Buyer's Agent

Dulce Ramos

Chicago Sweet Homes Realty Inc License #471010845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,114

Year Built

  • Built in 1889 | Remodeled in 2018

Lot Details

  • Lot Dimensions are 25x125

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Space Heater
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,114

Year Built

Built in 1889 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1889
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 199000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Space Heater
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2114.2
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 10, 2021
Sold by
Albany Bank And Trust Company Na
Bought by
Rios Alessandra
Seller's Agent
Ruby Castelar
Real Broker LLC
Buyer's Agent
Dulce Ramos
Chicago Sweet Homes Realty Inc
List Price
$199,000
Sold Price
$220,000
Premium/Discount to List
$21,000
10.55%
Current Estimated Value
$228,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,928
Avg. Annual Appreciation
2.80%
Original Mortgage
$216,015
Outstanding Balance
$196,848
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$50,661

Purchase Details

Listed on
Jul 5, 2016
Closed on
Aug 3, 2016
Sold by
Self Help Fcu
Bought by
Community Savings Bank and Trust Lt 2841
Seller's Agent
Michael Scola
RE/MAX Partners
Buyer's Agent
Zenaido Roman
Core Realty & Investments Inc.
List Price
$48,000
Sold Price
$48,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.88%

Purchase Details

Closed on
Jan 15, 2016
Sold by
Paramo Estela
Bought by
Self Help Federal Credit Union

Purchase Details

Closed on
Jul 20, 2007
Sold by
Paramo Estela
Bought by
Paramo Jorge and Paramo Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2002
Sold by
Paramo Jorge and Paramo Estela
Bought by
Paramo Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.91%

Purchase Details

Closed on
Oct 30, 1997
Sold by
Nevarez Felipe G and Navarez Rosa M
Bought by
Paramo Jorge and Paramo Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,959
Interest Rate
7.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rios Alessandra -- Attorneys Ttl Guaranty Fund
Community Savings Bank $48,000 Fidelity National Title
Self Help Federal Credit Union -- Attorney
Paramo Jorge -- Citywide Title Corporation
Paramo Estela -- --
Paramo Jorge $53,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Alessandra $216,015
Previous Owner Paramo Jorge $82,500
Previous Owner Paramo Estela $79,000
Previous Owner Paramo Jorge $79,959
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $220,000 +10.6% $313 / Sq Ft
04/14/2021 04/14/21 For Sale $199,000 -9.5% $283 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/12/2021 04/12/21 Off Market $220,000 -- --
04/07/2021 04/07/21 For Sale $199,000 +314.6% $283 / Sq Ft
08/24/2016 08/24/16 Sold $48,000 0.0% $68 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $48,000 -- $68 / 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 $2,532 $13,600 $4,140 $9,460
2023 $2,468 $12,000 $3,355 $8,645
2022 $2,468 $12,000 $3,355 $8,645
2021 $2,413 $11,999 $3,354 $8,645
2020 $2,063 $9,260 $3,354 $5,906
2019 $2,114 $10,523 $3,354 $7,169
2018 $2,079 $10,523 $3,354 $7,169
2017 $2,282 $10,602 $2,997 $7,605
2016 $1,623 $10,602 $2,997 $7,605
2015 $1,462 $10,602 $2,997 $7,605
2014 $1,096 $8,474 $2,855 $5,619
2013 $1,063 $8,474 $2,855 $5,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11046212

Midwest Real Estate Data (MRED)

APN: 16-25-116-052-0000