Seller's Agent in 2024
Maria Pena-Graham
Coldwell Banker Real Estate Group
(815) 757-3529
21 in this area
333 Total Sales
25 E Chestnut Ave Cortland, IL 60112
Estimated Value: $200,000 - $249,127
4
Beds
2
Baths
--
Sq Ft
10,454
Sq Ft Lot
Highlights
- Corner Lot
- 2 Car Detached Garage
- Ceiling Fan
- Fenced Yard
- Forced Air Heating System
About This Home
As of November 2024Want to begin or grow your portfolio? Here's a great investment opportunity. Great Two-Unit in Excellent condition! Each unit has 2 bedrooms, 1 bath. Main floor unit has the potential of being a 3 bedroom. Full basement offers great storage along with a washer and dryer so that the tenants can use this space. Current owners have kept this area for personal storage space. Either both or the main floor only can use this space. There is a two-car detached garage and additional parking spaces for all to have their own spot. The garage is used by the lower-level unit only. Check out the LARGE fenced-in backyard. Convenient enclosed exterior access to upper unit. HVAC system replaced in 2023. Electrical updates (2016 & 2018). Newer stove and fridge in the lower level unit. Radon mitigation system installed in 2019. Walking distance to library and Cortland's downtown area. Tenants responsible for their own electric bills. Lower level is responsible for gas bill. Landlord is responsible for water bill. Meticulously maintained by the current owners - very clean units. Here is your opportunity to begin investing in real estate today!
Last Agent to Sell the Property
Coldwell Banker Real Estate Group License #475128048 Listed on: 09/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,835
Year Built
- Built in 1960
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 89.70 x 132
- Fenced Yard
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Off-Street Parking
- Parking Space is Owned
- Assigned Parking
Home Design
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- Ceiling Fan
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Gross Income $21,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
Nov 15, 2024
Sold by
Fortunato Mauro and Fortunato Joy L
Bought by
Dierkes Taylor Mitchell
Seller's Agent
Maria Pena-Graham
Coldwell Banker Real Estate Group
Buyer's Agent
Tyler Lewke
Keller Williams Success Realty
List Price
$220,000
Sold Price
$220,000
Views
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,837
Avg. Annual Appreciation
3.43%
Original Mortgage
$216,015
Outstanding Balance
$214,107
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$14,675
Purchase Details
Listed on
Nov 25, 2018
Closed on
Jul 19, 2019
Sold by
Coyle Amelia Donise
Bought by
Fortunato Mauro and Fortunato Joy L
Seller's Agent
Cheri Moyers
Elm Street REALTORS
Buyer's Agent
Maria Pena-Graham
Coldwell Banker Real Estate Group
List Price
$141,000
Sold Price
$111,800
Premium/Discount to List
-$29,200
-20.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$89,440
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 2, 2005
Sold by
Coyle Trust
Bought by
Coyle Amelia Donise
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dierkes Taylor Mitchell | $220,000 | Home Title Group Of Illinois | |
| Dierkes Taylor Mitchell | $220,000 | Home Title Group Of Illinois | |
| Fortunato Mauro | $112,000 | Chicago Title | |
| Coyle Amelia Donise | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dierkes Taylor Mitchell | $216,015 | |
| Closed | Dierkes Taylor Mitchell | $216,015 | |
| Previous Owner | Fortunato Mauro | $89,440 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $220,000 | 0.0% | -- | |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- | |
| 09/24/2024 09/24/24 | For Sale | $220,000 | +96.8% | -- | |
| 07/19/2019 07/19/19 | Sold | $111,800 | -13.9% | -- | View Prior Sale |
| 05/22/2019 05/22/19 | Pending | -- | -- | -- | |
| 04/09/2019 04/09/19 | Price Changed | $129,900 | -4.5% | -- | |
| 03/07/2019 03/07/19 | Price Changed | $136,000 | -3.5% | -- | |
| 11/24/2018 11/24/18 | For Sale | $141,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $4,835 | $55,138 | $18,824 | $36,314 |
| 2023 | $4,835 | $51,584 | $17,611 | $33,973 |
| 2022 | $4,906 | $49,231 | $16,808 | $32,423 |
| 2021 | $4,966 | $46,873 | $16,003 | $30,870 |
| 2020 | $4,976 | $45,411 | $15,504 | $29,907 |
| 2019 | $4,171 | $43,505 | $14,853 | $28,652 |
| 2018 | $4,023 | $41,144 | $14,047 | $27,097 |
| 2017 | $3,948 | $39,170 | $13,373 | $25,797 |
| 2016 | $3,752 | $36,814 | $12,569 | $24,245 |
| 2015 | -- | $34,570 | $11,803 | $22,767 |
| 2014 | -- | $33,272 | $11,360 | $21,912 |
| 2013 | -- | $34,479 | $11,772 | $22,707 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Pena-Graham
-
Tyler Lewke
Buyer's Agent in 2024
Tyler Lewke
Keller Williams Success Realty
(815) 307-2316
1 in this area
899 Total Sales
-
Cheri Moyers
Seller's Agent in 2019
Cheri Moyers
Elm Street REALTORS
(815) 677-3134
45 Total Sales
-
D
Seller Co-Listing Agent in 2019
Diana Morrasy
Elm Street REALTORS
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12172284
APN: 09-29-205-013
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