NOT LISTED FOR SALE

Estimated Value: $312,000 - $348,000

10 Beds
5 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold April 26, 2021

Last sale price $200,000

Est. 58% increase in value since last sale

Current estimated payment $2,393/month

180 Days on Market

About This Home

As of April 2021

Looking for an income property to make some extra money? If so check this one out! Five two bedroom units that are all occupied. Two units are located in the basement along with a coin washer/dryer in a common area that could be used as an additional storage area for tenants. The roof was replaced in 2017. Sellers are also selling 2711 Galilee so if you are looking for a package deal make an offer!

Last Agent to Sell the Property

Lavona Russo

Village Realty License #475181869 Listed on: 09/01/2020

Last Buyer's Agent

Carol Smith

HomeSmart Connect LLC License #475131354

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,942

Year Built

  • 1959

Lot Details

  • 6,534

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Basement

  • Exterior Basement Entry

Community Details

  • Fuel Expense $1,861

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,942

Year Built

1959

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 32025
  • Scavenger Expense: 2892
  • Total Annual Exp: 13275
  • Total Annual Income: 45300
  • Total Monthly Income: 3775
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 1
  • Estimated Year Built: 1959
  • Type Multi Family: Garden Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Basement: Exterior Access

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.15

Garage/Parking

  • Indoor Parking: Detached
  • Number Of Parking Spaces: 4

Utilities

  • Heatventilation: Gas, Hot Water, Baseboard
  • Water Expense: 5584

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electricity Expense: 573

Lot Info

  • Lot Dimensions: 6673
  • Lot Sq Ft: 6673
  • Parcel Identification Number: 04213090010000

Rental Info

  • Gross Rental Income: 3775
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 1861
  • Other Expenses: 575
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 5294

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Apr 21, 2021
Sold by
M Sutcliffe Enterprises Inc
Bought by
Triple L Prop Llc Series 2703 2711 Galil
Seller's Agent
Lavona Russo
Village Realty
Buyer's Agent
Carol Smith
HomeSmart Connect LLC
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$316,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,000
Avg. Annual Appreciation
12.38%
Original Mortgage
$285,000
Outstanding Balance
$259,540
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$70,460

Purchase Details

Closed on
Oct 28, 2019
Sold by
Plascencia Jose Antonio
Bought by
M Sutcliffe Enterprises Inc

Purchase Details

Listed on
Aug 23, 2016
Closed on
Jun 1, 2017
Sold by
Jimenez Manuel and Jimenez Juanita
Bought by
Plascencia Jose
Seller's Agent
Judith Garcia
Coldwell Banker Realty
Buyer's Agent
Rufo Moyo
RE/MAX American Dream
List Price
$375,000
Sold Price
$310,000
Premium/Discount to List
-$65,000
-17.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.77%
Original Mortgage
$248,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2003
Sold by
Justen James A
Bought by
Jimenez Manuel and Jimenez Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,250
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2003
Sold by
Chicago Title Land Trust Co
Bought by
Jimenez Manuel and Jimenez Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,250
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 1995
Sold by
Anderson Gail
Bought by
Justen Dorothy J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Triple L Prop Llc Series 2703 2711 Galil $380,000 First American Title
M Sutcliffe Enterprises Inc $385,000 Fidelity National Title
Plascencia Jose $310,000 Fidelity National Title
Jimenez Manuel $485,000 Ticor Title Insurance Compan
Jimenez Manuel -- Ticor Title Insurance Co
Justen Dorothy J -- --
Anderson Gail -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triple L Prop Llc Series 2703 2711 Galil $285,000
Previous Owner Plascencia Jose $248,000
Previous Owner Jimenez Manuel $412,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $200,000 -11.1% --
02/28/2021 02/28/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $225,000 0.0% --
01/07/2021 01/07/21 Pending -- -- --
09/01/2020 09/01/20 For Sale $225,000 -27.4% --
06/01/2017 06/01/17 Sold $310,000 -17.3% --
01/02/2017 01/02/17 Pending -- -- --
08/23/2016 08/23/16 For Sale $375,000 -- --
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 $7,942 $64,435 $10,116 $54,319
2023 $5,391 $57,449 $9,019 $48,430
2022 $5,391 $37,715 $11,277 $26,438
2021 $5,582 $35,380 $10,579 $24,801
2020 $5,473 $33,277 $9,950 $23,327
2019 $5,294 $30,999 $9,269 $21,730
2018 $5,471 $30,999 $9,270 $21,729
2017 $5,490 $28,756 $8,599 $20,157
2016 $5,212 $26,104 $7,806 $18,298
2015 $5,082 $23,686 $7,083 $16,603
2014 $4,849 $23,336 $6,978 $16,358
2012 $4,149 $41,663 $7,431 $34,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10842911

Midwest Real Estate Data (MRED)

APN: 04-21-309-001