NOT LISTED FOR SALE

Estimated Value: $617,000 - $679,000

8 Beds
2 Baths
3,410 Sq Ft
$193/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $200,000 $59 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $4,106/month

219 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Carpet

About This Home

As of November 2013

Short sale,one loan. Well taken care, make offers subject to inspection.1 unit vacant-ready ,3 rented each for $650 move in condition.

Last Agent to Sell the Property

Attila Matyas

Hun Realty Inc. License #01333659 Listed on: 03/14/2013

Last Buyer's Agent

Attila Matyas

Hun Realty Inc. License #01333659 Listed on: 03/14/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,276

Year Built

  • 1985

Lot Details

  • 8,233

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,410 Sq Ft Home
  • 2-Story Property
  • Carpet

Parking

  • Covered Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $27,000
  • The owner pays for garbage, services - gardener/landscaping, hot water, water

Community Details

Building Details

  • Gardener Expense $1,000
  • Insurance Expense $1,500
  • Maintenance Expense $1,000
  • Manager Expense $4,000
  • Utility Expense $2,000
  • Trash Expense $1,200
  • Operating Expense $14,500
  • Gross Income $27,000

Additional Features

  • 3,410 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,276

Year Built

1985

Lot Details

0

Listing Details

  • Zoning: Resid
  • Subclass: Fourplex
  • Age: 28
  • Sale Price Per Sq Ft: 58.65
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3410
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Living Sq Ft: 3410
  • Stories: 2
  • Laundry: Community Facility
  • Flooring: Carpet

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Common Parking Area, Off-Street Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Acres
  • Minimum Lot Size: 0.19
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Max Search: 8276.40
  • Lot Size Area Min Search: 8276.40
  • Maximum Lot Size: 0.19

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 7.78

Multi Family

  • Expense Insurance: 1500
  • Expense Landscape: 1000
  • Expense Maintenance: 1000
  • Expense Management: 4000
  • Expenses Total: 14500
  • Expenses Utility: 2000
  • Expense Trash: 1200
  • Expense Water Sewer: 1800
  • Income Annual Gross: 27000.00
  • Income Annual Rental: 27000
  • Income Gross Scheduled: 27000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2013
Closed on
Dec 3, 2013
Sold by
Family Lodging Investment Properties Llc
Bought by
Dme Properties Llc
Seller's Agent
Attila Matyas
Hun Realty Inc.
Buyer's Agent
Attila Matyas
Hun Realty Inc.
List Price
$170,000
Sold Price
$200,000
Premium/Discount to List
$30,000
17.65%
Current Estimated Value
$657,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,667
Avg. Annual Appreciation
9.62%

Purchase Details

Listed on
Mar 14, 2013
Closed on
Nov 25, 2013
Sold by
Norton Linda C and Norton Family Trust
Bought by
Real Estate Neighborhood Tenancy Ii Llc
Seller's Agent
Attila Matyas
Hun Realty Inc.
Buyer's Agent
Attila Matyas
Hun Realty Inc.
List Price
$170,000
Sold Price
$200,000
Premium/Discount to List
$30,000
17.65%

Purchase Details

Closed on
Oct 27, 2007
Sold by
Norton Richard and Norton Linda
Bought by
Norton Richard C and Norton Linda C

Purchase Details

Closed on
Aug 27, 2005
Sold by
Sarmicanic Schaul and Schaul Sarmicanic Revocable Tr
Bought by
Lexington Square Apartments Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,200
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
The Trenda Family Lp
Bought by
Lexington Square Apartments Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,200
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2005
Sold by
Lexington Square Apartments Partnership
Bought by
Norton Richard and Norton Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,200
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2004
Sold by
Mayelian Harry and Mayelian Mabel
Bought by
Mayelian Harry and Mayelian Mabel

Purchase Details

Closed on
Oct 28, 2003
Sold by
Woolway Ellen C
Bought by
The Trenda Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2002
Sold by
Badal Jedny
Bought by
Badal Jedny and The Jedny Badal Trust Of 2002
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
Dme Properties Llc $262,000 Chicago Title Company
Family Lodging Investment Properties Llc -- Chicago Title Company
Real Estate Neighborhood Tenancy Ii Llc $200,000 Chicago Title Company
Norton Richard C -- None Available
Lexington Square Apartments Partnership -- Fidelity Title
Lexington Square Apartments Partnership -- Fidelity Title
Norton Richard $440,000 Fidelity Title
Mayelian Harry -- --
The Trenda Family Lp $156,500 Stewart Title
Woolway Wayne L -- Stewart Title
Badal Jedny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norton Richard $341,250
Previous Owner Norton Richard $294,200
Previous Owner The Trenda Family Lp $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold $200,000 +17.6% $59 / Sq Ft
10/19/2013 10/19/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $170,000 -- $50 / Sq Ft
Source: MLSListings

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
2025 $6,276 $321,165 $49,029 $272,136
2024 $6,152 $314,868 $48,068 $266,800
2023 $6,152 $308,695 $47,126 $261,569
2022 $5,885 $302,643 $46,202 $256,441
2021 $5,502 $296,710 $45,297 $251,413
2020 $5,345 $293,669 $44,833 $248,836
2019 $5,272 $293,669 $44,833 $248,836
2018 $5,069 $282,267 $43,093 $239,174
2017 $4,995 $276,734 $42,249 $234,485
2016 $4,731 $271,309 $41,421 $229,888
2015 $4,678 $267,234 $40,799 $226,435
2014 $4,561 $262,000 $40,000 $222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81307990

MLSListings

APN: 023-580-02-00-2