NOT LISTED FOR SALE

Estimated Value: $578,000 - $757,000

4 Beds
3 Baths
1,752 Sq Ft
$384/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $420,000 $240 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,749/month

41 Days on Market

About This Home

As of May 2018

Spacious 2-flat with full basement on Montrose by Horner Park. The first and second floor feature a separate living room & dining room, kitchen, 2 bedrooms and a full bathroom. The basement is partially finished with a kitchen, full bathroom and living area. The back yard is fenced and there is parking off of the ally for 3 cars. This is a Fannie Mae Homepath Property.

Last Agent to Sell the Property

JASON REINER

Solid Realty Services Inc License #471006193 Listed on: 03/07/2018

Last Buyer's Agent

Alice Berger

@properties Christie's International Real Estate

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,747

Year Built

  • Built in 1906

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 26 x 126

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,747

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 449900
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 26 X 126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7747
  • Tax Year: 2016

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

Closed on
Jun 15, 2021
Sold by
2521 W Montrose Llc
Bought by
Cook Aaron
Total Days on Market
41
Current Estimated Value
$672,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,200
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2021
Sold by
2521 W Montrose Llc
Bought by
Dillman Jeffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,200
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2021
Sold by
2521 W Montrose Llc
Bought by
Schneider Caroline and Albright Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2021
Sold by
2521 W Montrose Llc
Bought by
Pyles Fallon and Schultze Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 30, 2018
Sold by
Fannie Mae
Bought by
2521 W Montrose Llc
Seller's Agent
JASON REINER
Solid Realty Services Inc
Buyer's Agent
Alice Berger
@properties Christie's International Real Estate
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$315,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2015
Sold by
Wiermanski Laura
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 18, 2005
Sold by
Beigl William
Bought by
Wiermanski Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
9.25%
Mortgage Type
Commercial
Source: Public Records

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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
Cook Aaron $559,000 Chicago Title
Dillman Jeffrey C $650,000 Chicago Title
Schneider Caroline $550,000 Chicago Title
Pyles Fallon $775,000 Chicago Title
2521 W Montrose Llc -- Old Republic Title
Federal National Mortgage Association -- None Available
Wiermanski Laura $145,000 Cst
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Aaron $447,200
Previous Owner Dillman Jeffrey C $487,500
Previous Owner Schneider Caroline $440,000
Previous Owner Pyles Fallon $620,000
Previous Owner 2521 W Montrose Llc $1,695,000
Previous Owner 2521 W Montrose Llc $315,000
Previous Owner Wiermanski Laura $202,000
Previous Owner Wiermanski Laura $25,000
Previous Owner Wiermanski Laura $202,000
Previous Owner Wiermanski Laura $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $420,000 -6.6% $240 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $449,900 -- $257 / 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 $12,008 $57,938 $2,492 $55,446
2023 $11,706 $56,914 $1,685 $55,229
2022 $11,706 $56,914 $1,685 $55,229
2021 $50,956 $253,400 $7,500 $245,900
2020 $1,671 $7,500 $7,500 $0
2019 $1,507 $7,500 $7,500 $0
2018 $7,817 $42,000 $7,500 $34,500
2017 $8,137 $41,175 $6,562 $34,613
2016 $7,747 $41,175 $6,562 $34,613
2015 $7,064 $41,175 $6,562 $34,613
2014 $5,619 $32,856 $5,937 $26,919
2013 $5,497 $32,856 $5,937 $26,919
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09875899

Midwest Real Estate Data (MRED)

APN: 13-13-401-015-0000