NOT LISTED FOR SALE

Estimated Value: $439,000 - $598,785

10 Beds
8 Baths
4,505 Sq Ft
$112/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2023

Last sale price $475,000 $105 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,496 / mo

60 Days on Market

About This Home

As of March 2023

Great 6 Unit. Well Maintained and Managed. Two Studio, Two 1 Bedroom, Two 2 Bedroom Units. Hardwood Floors. Garages. rents are below market rate and property still has positive cash flow. Part of a 27 Building Investment Portfolio. Buy 1 or Buy Multiple.

Last Agent to Sell the Property

Rudy Johnson

Keller Williams Inspire - Geneva License #475139695 Listed on: 12/09/2022

Keller Williams Inspire - Geneva

Co-Listed By

Sharon Mennerick

HomeSmart Connect LLC License #475134295

Last Buyer's Agent

Dean Tubekis

Coldwell Banker Realty License #475137834

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,100

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 67 x 132

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,505 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $4,500
  • Operating Expense $11,000
  • Gross Income $63,660
  • Net Operating Income $52,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,100

Year Built

Built in 1880

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1880
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 10
  • Fireplaces: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: None
  • Heat/Ventilation: Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 67 X 132
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 5
  • Tenancy Type: Leases,Month To Month,Variable

Building Info

  • BuildingAreaTotal: 4505

Multi Family

  • Net Operating Income: 52600
  • Insurance Expense: 4500
  • GrossIncome: 63660
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 11000
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 8099.76
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Mar 23, 2023
Sold by
Bought by
Seller's Agent
Rudy Johnson
Keller Williams Inspire - Geneva
Buyer's Agent
Dean Tubekis
Coldwell Banker Realty
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Views
274
Current Estimated Value
$504,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,696
Avg. Annual Appreciation
1.87%
Original Mortgage
$380,000
Outstanding Balance
$204,188
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$300,508

Purchase Details

Closed on
Nov 4, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$475,000 None Listed On Document
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $380,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $475,000 -5.0% $105 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $500,000 0.0% $111 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/13/2023 01/13/23 Price Changed $500,000 -16.7% $111 / Sq Ft
12/09/2022 12/09/22 For Sale $600,000 -- $133 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,434 $117,879 $19,839 $98,040
2023 $9,078 $106,495 $17,923 $88,572
2022 $8,420 $97,105 $16,343 $80,762
2021 $8,100 $90,787 $15,280 $75,507
2020 $7,905 $86,670 $14,587 $72,083
2019 $7,711 $82,559 $13,895 $68,664
2018 $7,689 $77,776 $13,090 $64,686
2017 $7,960 $77,395 $13,026 $64,369
2016 $7,658 $71,802 $12,085 $59,717
2015 -- $65,813 $11,077 $54,736
2014 -- $65,000 $10,940 $54,060
2013 -- $66,715 $11,229 $55,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11679329

Midwest Real Estate Data (MRED)

APN: 06-13-308-010

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