NOT LISTED FOR SALE

Estimated Value: $159,650 - $180,000

8 Beds
4 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold July 15, 2021

Last sale price $116,000

Est. 47% increase in value since last sale

Current estimated payment $1,240/month

25 Days on Market

About This Home

As of July 2021

4 Unit Investment Opportunity! Cash flow! Now is the chance to expand your portfolio by purchasing this fully occupied multi-family. 2 main floor units & 2 upper units all featuring spacious rooms! Tenants pay all utilities. 2 car detached garage is included, and currently rented.

Last Agent to Sell the Property

JD Gieson

RE/MAX of Rock Valley License #475189224 Listed on: 04/30/2021

RE/MAX of Rock Valley

Last Buyer's Agent

Eric Bird

Bird Realty License #471002935

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,124

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x110

Parking

  • 2 Car Detached Garage
  • Leased Parking
  • Off-Street Parking
  • Parking Space is Owned
  • Unassigned Parking

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Gross Income $22,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,124

Year Built

Built in 1900

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: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 8
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 50X110
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Lease Amount: 45
  • Board Number: 19
  • TenantPays: All

Multi Family

  • GrossIncome: 22920
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3124
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jul 12, 2021
Sold by
Snl Rental Llc
Bought by
Grande David
Seller's Agent
JD Gieson
RE/MAX of Rock Valley
Buyer's Agent
Eric Bird
Bird Realty
List Price
$120,000
Sold Price
$116,000
Premium/Discount to List
-$4,000
-3.33%
Current Estimated Value
$170,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,663
Avg. Annual Appreciation
9.13%
Original Mortgage
$92,800
Outstanding Balance
$84,202
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$86,461

Purchase Details

Closed on
Oct 22, 2005
Sold by
Sterling Federal Bank F S B
Bought by
Zick Lisa A

Purchase Details

Closed on
Mar 24, 2005
Sold by
Vance Robert E and Vance Robert E
Bought by
Sterling Federal Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grande David $116,000 None Available
Zick Lisa A $100,000 None Available
Sterling Federal Bank Fsb -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grande David $92,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $116,000 -3.3% --
05/25/2021 05/25/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $120,000 -- --
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 $4,120 $44,972 $5,246 $39,726
2023 $3,834 $41,259 $4,813 $36,446
2022 $3,553 $37,170 $4,336 $32,834
2021 $3,323 $34,417 $4,015 $30,402
2020 $3,199 $32,778 $3,824 $28,954
2019 $3,124 $31,824 $3,713 $28,111
2018 $3,005 $31,200 $3,640 $27,560
2017 $3,009 $31,283 $4,037 $27,246
2016 $2,936 $30,371 $3,919 $26,452
2015 $2,815 $30,371 $3,919 $26,452
2014 $2,767 $30,371 $3,919 $26,452
2013 $2,764 $31,000 $4,000 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11071394

Midwest Real Estate Data (MRED)

APN: 07-08-05-185-003