NOT LISTED FOR SALE

2420 W Douglas St Joliet, IL 60435

Estimated Value: $649,801

12 Beds
8 Baths
-- Sq Ft
0.31 Acres

Last Sold August 21, 2014

Last sale price $360,000

Est. 81% increase in value since last sale

Current estimated payment $4,736/month

4 Days on Market

Highlights

  • Corner Lot
  • 5 Car Detached Garage
  • Baseboard Heating

About This Home

As of August 2014

Impeccably maintained, corner lot 4 flat, 3 huge bedrooms each (king size beds) 1.5 baths, 4th unit has 2 full baths. Huge basement w/storage lockers, Coin op laundry & 2.5 Garage for added income. Plenty of parking. Efficient boiler furnace w/new circ pump & zone valves. Long term tenants in place, financials reflect many improvements in 2013 & old rent rate, new rates as of 8-14 Prior years NOI between $44K~$47K

Last Listed By

Julie Carr

Coldwell Banker Realty License #475130983 Listed on: 07/21/2014

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,414

Year Built

  • 1964

Lot Details

  • Lot Dimensions are 136x99
  • Corner Lot

Parking

  • 5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 8 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $53,150
  • Net Operating Income $21,344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,414

Year Built

1964

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1964

Interior Features

  • Basement: Full
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 3
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 5

Exterior Features

  • List Price: 369000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 5
  • ParkingTotal: 5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Other Expenses $: 31806

Schools

  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 136X99
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 21344
  • GrossIncome: 53150
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9414
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2014
Closed on
Aug 21, 2014
Sold by
Janis Virginia and Janis Johnn
Bought by
Awp Investments Llc
Seller's Agent
Julie Carr
Coldwell Banker Realty
Buyer's Agent
Jeffrey McGinn
RE/MAX IMPACT
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%
Total Days on Market
4
Current Estimated Value
$649,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,801
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Jun 27, 2008
Sold by
Tinley Property Management Llc
Bought by
Janis Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2007
Sold by
Taylor Kevin
Bought by
Tinley Property Management Llc

Purchase Details

Closed on
Oct 27, 2005
Sold by
Thomas Loretta
Bought by
Tinley Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2000
Sold by
Thomas Floyd C and Thomas Loretta
Bought by
Thomas Floyd C and Floyd C Thomas Revocable Trust

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Awp Investments Llc $360,000 None Available
Janis Virginia $475,000 None Available
Tinley Property Management Llc -- None Available
Tinley Property Management Llc $350,000 Ticor Title
Thomas Floyd C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Awp Investments Llc $185,452
Closed Awp Investments Llc $185,000
Previous Owner Janis Virginia $300,000
Previous Owner Tinley Property Management Llc $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2014 08/21/14 Sold $360,000 -2.4% --
07/25/2014 07/25/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $369,000 -- --
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
2023 $13,404 $145,699 $19,018 $126,681
2022 $10,571 $116,155 $18,645 $97,510
2021 $10,752 $116,155 $18,645 $97,510
2020 $10,744 $116,155 $18,645 $97,510
2019 $10,990 $116,155 $18,645 $97,510
2018 $9,795 $100,251 $18,645 $81,606
2017 $10,150 $100,251 $18,645 $81,606
2016 $10,551 $100,251 $18,645 $81,606
2015 $10,033 $100,251 $18,645 $81,606
2014 $10,033 $92,238 $18,645 $73,593
2013 $10,033 $92,238 $18,645 $73,593
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08678513

Midwest Real Estate Data (MRED)

APN: 05-06-12-213-014