NOT LISTED FOR SALE

Estimated Value: $356,527 - $453,000

5 Beds
2 Baths
945 Sq Ft
$436/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $203,000 $215 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,577/month

52 Days on Market

Highlights

  • 2 Car Detached Garage
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Forced Air Heating System

About This Home

As of May 2014

OUTSTANDING 2 UNIT PROPERTY THAT IS COMPLETELY REMODELED ON THE 1ST FLOOR-3 BEDROOM ON THE 1ST FLOOR ALSO FEATURES NEW WINDOWS, NEW WOOD LAMINATE FLOORS, NEW CABINETS, NEW COUNTER, AND NEW LIGHT FIXTURES-FRESH NEUTRAL PAINT THROUGHOUT-2ND FLOOR FEATURES 2 BEDROOMS-LARGE KITCHEN WITH MANY CABINETS AND NICE SIZE FORMAL LIVING AND DINING ROOM-GREAT INVESTMENT PROPERTY OR MOVE IN BY THE SPRING!

Last Agent to Sell the Property

Danielle Moy

@properties Christie's International Real Estate License #475120040 Listed on: 02/05/2014

@properties Christie's International Real Estate

Co-Listed By

Sean Ragee-Nelson

@properties Christie's International Real Estate License #475158014

Last Buyer's Agent

Susanna So

Achiever Realty, Inc. License #471010893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,451

Year Built

  • Built in 1888

Lot Details

  • Lot Dimensions are 25x150
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,451

Year Built

Built in 1888

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1888
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Laundry Hook-Up
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 25X150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3451
  • Tax Year: 2012
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
Mao Guyang and Mao Xin
Bought by
Xin Qing Real Estate Llc
Current Estimated Value
$412,132

Purchase Details

Listed on
Feb 5, 2014
Closed on
Apr 25, 2014
Sold by
Firstsecure Bank & Trust Co
Bought by
Xin Mao Guyang and Xin Qing
Seller's Agent
Danielle Moy
@properties Christie's International Real Estate
Buyer's Agent
Susanna So
Achiever Realty, Inc.
List Price
$299,000
Sold Price
$203,000
Premium/Discount to List
-$96,000
-32.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$162,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1998
Sold by
Moy William and Moy Teresa L
Bought by
First State Bank & Trust Co Palos Hills and Trust #3-366

Purchase Details

Closed on
Sep 27, 1995
Sold by
Czerniak Richard R and Czerniak Cornelia M
Bought by
Moy William and Moy Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,250
Interest Rate
7.91%
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
Xin Qing Real Estate Llc -- Old Republic National Title
Xin Mao Guyang $203,000 Pntn
First State Bank & Trust Co Palos Hills -- --
Moy William $132,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xin Mao Guyang $162,400
Previous Owner Moy William $105,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold $203,000 -11.7% $215 / Sq Ft
03/29/2014 03/29/14 Pending -- -- --
03/12/2014 03/12/14 Price Changed $229,900 -8.0% $243 / Sq Ft
02/24/2014 02/24/14 Price Changed $249,900 -10.4% $264 / Sq Ft
02/11/2014 02/11/14 Price Changed $279,000 -6.7% $295 / Sq Ft
02/05/2014 02/05/14 For Sale $299,000 -- $316 / 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 $4,997 $29,000 $15,000 $14,000
2023 $4,850 $27,000 $15,000 $12,000
2022 $4,850 $27,000 $15,000 $12,000
2021 $4,760 $27,000 $15,000 $12,000
2020 $4,167 $21,810 $12,000 $9,810
2019 $4,180 $24,234 $12,000 $12,234
2018 $4,108 $24,234 $12,000 $12,234
2017 $4,643 $21,567 $9,375 $12,192
2016 $4,320 $21,567 $9,375 $12,192
2015 $3,952 $21,567 $9,375 $12,192
2014 $3,568 $19,232 $7,500 $11,732
2013 $3,498 $19,232 $7,500 $11,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08531090

Midwest Real Estate Data (MRED)

APN: 17-29-307-055-0000