NOT LISTED FOR SALE

Estimated Value: $353,000 - $508,000

9 Beds
4 Baths
-- Sq Ft
0.27 Acres

Last Sold August 13, 2024

Last sale price $500,000

Est. 18% decrease in value since last sale

Current estimated payment $2,867/month

49 Days on Market

Highlights

  • 0.27 Acre Lot
  • Deck
  • Porch

About This Home

As of August 2024

This turn-key investment is available individually or as part of a 3 property portfolio of 11 units. This unique property is a great investment or perfect extended family arrangement. Legal, Non-conforming 4 unit consisting of a 2 flat (2 bedroom first floor, 3 bedroom second floor) on Center St. and 2 two-bedroom houses on Pine St, all on one PIN. 219 Pine Street can be converted to a 3 bedroom. Recent renovations and repairs include new boiler in 256 N Center, new rear stairs on Center Street, and new porches on Pine St. Close to downtown Joliet, Metra, I-80, restaurants, entertainment, parks, University of St. Francis, and more. You won't find anything like this in Joliet. Listing agent has a small interest in property as previous manager.

Last Agent to Sell the Property

Jeff Jakob

Coldwell Banker Real Estate Group License #475176651 Listed on: 05/07/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Anna Sophia Chacon

Charles Rutenberg Realty of IL License #475183966

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,815

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 62x102x63x193
  • Legal Non-Conforming

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $1,123
  • Water Sewer Expense $2,998
  • Gross Income $66,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,815

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • 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: 9
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • List Price: 525000
  • Lot Features: Legal Non-Conforming
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Water Sewer Expenses: 2998

Schools

  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.27
  • Lot Dimensions: 62X102X63X193
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Multi Family

  • Fuel Expense: 1123
  • GrossIncome: 66420
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,Other

Tax Info

  • Tax Annual Amount: 7815
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Aug 12, 2024
Sold by
Center Street Joliet Llc
Bought by
Issa Danny Issa
Seller's Agent
Jeff Jakob
Coldwell Banker Real Estate Group
Buyer's Agent
Anna Sophia Chacon
Charles Rutenberg Realty of IL
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
41
Current Estimated Value
$411,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,000
Avg. Annual Appreciation
-16.19%
Original Mortgage
$490,943
Outstanding Balance
$484,552
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
-$73,552

Purchase Details

Listed on
Apr 18, 2021
Closed on
Jul 15, 2021
Sold by
Fpb Ventures Llc
Bought by
Center Street Joliet Llc
Seller's Agent
Jeff Jakob
Coldwell Banker Real Estate Group
Buyer's Agent
Jeff Jakob
Coldwell Banker Real Estate Group
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%
Original Mortgage
$393,750
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 1992
Bought by
Joal Llc
Source: Public Records

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
Issa Danny Issa $500,000 Ata Gmt Title Agency
Center Street Joliet Llc $525,000 New Title Company Name
Joal Llc $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Issa Danny Issa $490,943
Previous Owner Center Street Joliet Llc $393,750
Previous Owner Fpb Ventures Llc $795,000
Previous Owner Joal Llc $645,000
Previous Owner First National Bank Of Manhattan $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Sold $500,000 -4.8% --
06/26/2024 06/26/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $525,000 0.0% --
05/07/2024 05/07/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $525,000 +69.4% --
07/15/2021 07/15/21 Sold $310,000 -11.4% --
04/28/2021 04/28/21 For Sale -- -- --
04/27/2021 04/27/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $350,000 -- --
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
2024 $8,346 $105,298 $17,871 $87,427
2023 $8,346 $93,556 $15,878 $77,678
2022 $8,346 $84,628 $14,363 $70,265
2021 $6,484 $68,994 $13,415 $55,579
2020 $6,152 $65,522 $12,740 $52,782
2019 $5,852 $60,894 $11,840 $49,054
2018 $5,607 $56,269 $10,941 $45,328
2017 $5,284 $51,158 $9,947 $41,211
2016 $5,061 $47,086 $9,119 $37,967
2015 -- $44,150 $8,550 $35,600
2014 -- $43,900 $8,500 $35,400
2013 -- $46,128 $9,432 $36,696
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12049327

Midwest Real Estate Data (MRED)

APN: 30-07-09-408-007