NOT LISTED FOR SALE

Estimated Value: $451,000 - $491,000

4 Beds
4 Baths
1,612 Sq Ft
$292/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $255,000 $158 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,309/month

11 Days on Market

Highlights

  • Recreation Room
  • 2-minute walk to Highwood Station
  • Paved or Partially Paved Lot
  • Wayne Thomas Elementary School Rated A
  • Ranch Style House
  • 3-minute walk to Everts Park

About This Home

As of November 2018

INVESTORS! Great opportunity to invest in an all-brick duplex in great location. Two 1-story side by side units with separate partially finished basements. Unit 243 includes 2 bedrooms, 2 baths (one on the main level and one in the basement), living room with wood burning fireplace, eat-in kitchen, plus basement rec room with wood burning fireplace, laundry and storage. Unit 245 includes 2 bedrooms, 2 baths (one on the main level and one in the basement), living room, eat-in kitchen, plus basement rec room, laundry and storage. This property is being sold AS-IS condition. Fabulous opportunity! Close to town, train, restaurants and Lake Michigan. Owner is also selling another 2-unit rental property on adjacent lot.

Last Agent to Sell the Property

Lori Baker

Compass License #475134193 Listed on: 10/01/2018

Compass

Co-Listed By

Alissa McNicholas

Compass License #475134192

Last Buyer's Agent

Debbie Winton

Baird & Warner License #475168450

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,055

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45 x 125 x 45 x 125
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Oak Terrace Elementary School
  • Northwood Junior High School
  • Highland Park High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,055

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1950
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Room Type: Recreation Room
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Central Air Conditioner,Fireplace-Wood,Range Hood,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Cooktop

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 299000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street, Driveway
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: OAK TERRACE ELEMENTARY SCHOOL
  • High School: HIGHLAND PARK HIGH SCHOOL
  • Middle/Junior School: NORTHWOOD JUNIOR HIGH SCHOOL
  • Middle/Junior School District: 112

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 45 X 125 X 45 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6054.74
  • Tax Year: 2017

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Oct 25, 2018
Sold by
Biondi David S
Bought by
Stein Brett
Seller's Agent
Lori Baker
Compass
Buyer's Agent
Debbie Winton
Baird & Warner
List Price
$299,000
Sold Price
$255,000
Premium/Discount to List
-$44,000
-14.72%
Current Estimated Value
$471,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,417
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Apr 17, 2003
Sold by
Biondi Tina
Bought by
Biondi Tina and Trust #3

Purchase Details

Closed on
Oct 4, 1997
Sold by
Biondi Edward L and Biondi Tina
Bought by
Biondi Tina
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
Stein Brett $255,000 Chicago Title
Biondi Tina -- --
Biondi Tina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stein Brett $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2018 11/08/18 Sold $255,000 -14.7% $158 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $299,000 -- $185 / 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 $8,945 $117,253 $25,956 $91,297
2023 $7,411 $105,690 $23,396 $82,294
2022 $7,411 $85,200 $25,702 $59,498
2021 $6,866 $82,359 $24,845 $57,514
2020 $6,706 $82,359 $24,845 $57,514
2019 $6,506 $81,974 $24,729 $57,245
2018 $6,126 $80,504 $27,076 $53,428
2017 $6,055 $80,040 $26,920 $53,120
2016 $5,824 $76,199 $25,628 $50,571
2015 $5,700 $70,797 $23,811 $46,986
2014 $5,933 $74,019 $19,570 $54,449
2012 $5,787 $74,451 $19,684 $54,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10099557

Midwest Real Estate Data (MRED)

APN: 16-15-413-006