NOT LISTED FOR SALE

Estimated Value: $337,000 - $526,958

5 Beds
5 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold March 29, 2016

Last sale price $39,500

Est. 1,022% increase in value since last sale

Current estimated payment $2,870/month

15 Days on Market

About This Home

As of March 2016

Intriguing opportunity! This property has some great potential to be rehabbed and start cash flowing. Great space, location, and lot! Possibilities are endless! Sold "As-Is". Property was built prior to 1978 and lead based paint may potentially exist.

Last Agent to Sell the Property

Ursula Foley

Foley Properties Inc License #471018085 Listed on: 02/23/2016

Foley Properties Inc

Last Buyer's Agent

Jose Leon

RE/MAX Partners License #475155330

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 10,454

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • 10,454 Sq Ft Lot

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None
  • Room: 3

Exterior Features

  • List Price: 39900
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 89

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 10622 SQ. FT.
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 10353.53
  • Tax Year: 2014

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2016
Closed on
Mar 25, 2016
Sold by
Secretary Of Veterans Affairs
Bought by
Escobedo Patino Isaac
Seller's Agent
Ursula Foley
Foley Properties Inc
Buyer's Agent
Jose Leon
RE/MAX Partners
List Price
$55,000
Sold Price
$39,500
Premium/Discount to List
-$15,500
-28.18%
Current Estimated Value
$443,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,840
Avg. Annual Appreciation
30.21%

Purchase Details

Closed on
Mar 25, 2015
Sold by
Farina Joseph W
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Jan 25, 1999
Sold by
Continental Community Bank & Trust Co
Bought by
Farina Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 1998
Sold by
Continental Community Bk & Tr Company
Bought by
Farina Joseph W

Purchase Details

Closed on
Jul 18, 1996
Sold by
Farina Joseph W
Bought by
Maywood Proviso State Bank

Purchase Details

Closed on
Feb 1, 1995
Sold by
Reid Ruby
Bought by
Farina Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,120
Interest Rate
9.12%
Mortgage Type
Assumption
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
Escobedo Patino Isaac $39,500 First American Title
The Secretary Of Veterans Affairs -- None Available
Farina Joseph W -- Integrity Title
Farina Joseph W -- --
Maywood Proviso State Bank -- --
Farina Joseph W $104,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farina Joseph W $117,925
Previous Owner Farina Joseph W $24,000
Previous Owner Farina Joseph W $107,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $39,500 -1.0% --
03/09/2016 03/09/16 Pending -- -- --
02/29/2016 02/29/16 Price Changed $39,900 -27.5% --
02/23/2016 02/23/16 For Sale $55,000 -- --
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 $13,651 $35,000 $5,842 $29,158
2023 $13,365 $35,000 $5,842 $29,158
2022 $13,365 $27,160 $5,046 $22,114
2021 $13,470 $27,159 $5,045 $22,114
2020 $13,258 $27,159 $5,045 $22,114
2019 $13,615 $21,549 $4,514 $17,035
2018 $14,569 $23,703 $4,514 $19,189
2017 $14,079 $23,703 $4,514 $19,189
2016 $12,190 $22,126 $3,983 $18,143
2015 $11,290 $22,126 $3,983 $18,143
2014 $10,354 $22,126 $3,983 $18,143
2013 $10,377 $24,082 $3,983 $20,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09146757

Midwest Real Estate Data (MRED)

APN: 15-11-311-012-0000