NOT LISTED FOR SALE

Estimated Value: $549,742 - $621,000

5 Beds
3 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold November 30, 2015

Last sale price $160,000

Est. 269% increase in value since last sale

Current estimated payment $3,904/month

14 Days on Market

About This Home

As of November 2015

SOLD IN "AS IS" CONDITION, NO REPAIR CREDIT OFFERED, NO SURVEY/TERMITE INSPECTION, TAX PRORATIONS 100%. LISTING BROKER & SELLER ASSUME NO RESPONSIBILITY & MAKE NO GUARANTEES/WARRANTIES OR REPRESENTATIONS AS TO THE ACCURACY OF THE PROPERTY INFORMATION, PHOTOGRAPHS OR OTHER INFORMATION DEPICTED/DESCRIBED HEREIN.PROOF OF FUNDING/PRE APPROVAL LETTER MUST ACCOMPANY ALL OFFERS EARNEST MONEY MUST BE IN CERTIFIED FUNDS.

Last Agent to Sell the Property

Emelin Brown

Realty of America, LLC License #471008448 Listed on: 10/26/2015

Realty of America, LLC

Last Buyer's Agent

Alex Haried

Compass License #475144024

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,729

Year Built

  • Built in 1888

Lot Details

  • 3,136

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Partial Basement

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,729

Year Built

Built in 1888

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: 1888
  • Age: 100+ 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: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 169900
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3125 SQFT
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5729.41
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Nov 25, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Min Song Gilryong and Min Jae
Seller's Agent
Emelin Brown
Realty of America, LLC
Buyer's Agent
Alex Haried
Compass
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$589,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,936
Avg. Annual Appreciation
13.63%

Purchase Details

Closed on
Aug 22, 2013
Sold by
Vargas Juan and Vargas Juan M
Bought by
Ct Land Trust Number 8002360077

Purchase Details

Closed on
Apr 18, 2001
Sold by
Alvarado Manuel and Alvarado Marrieta
Bought by
Vargas Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
7.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 1998
Sold by
Alvarado Manuel
Bought by
Alvarado Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 1995
Sold by
Simms Olivia and Faci Sergio
Bought by
Alvarado Manuel and Alvarado Marietta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.07%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 1994
Sold by
Simms Olivia
Bought by
Simms Olivia and Faci Sergio
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
Min Song Gilryong $160,000 Chicago Title Land Trust Co
Ct Land Trust Number 8002360077 $87,000 None Available
Vargas Juan $275,000 --
Alvarado Manuel -- --
Alvarado Manuel $60,000 Ticor Title Insurance
Simms Olivia -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Gil Ryong $215,268
Closed Song Gil Ryong $310,000
Closed Song Gil Ryong $195,000
Previous Owner Vargas Juan $304,920
Previous Owner Vargas Juan $290,000
Previous Owner Vargas Juan $275,000
Previous Owner Vargas Juan $247,500
Previous Owner Alvarado Manuel $83,000
Previous Owner Alvarado Manuel $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $160,000 -5.8% --
11/09/2015 11/09/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $169,900 -- --
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 $8,584 $46,208 $17,031 $29,177
2023 $8,347 $44,000 $13,750 $30,250
2022 $8,347 $44,000 $13,750 $30,250
2021 $8,178 $44,000 $13,750 $30,250
2020 $6,856 $33,877 $13,750 $20,127
2019 $6,117 $33,877 $13,750 $20,127
2018 $2,985 $15,456 $13,750 $1,706
2017 $5,663 $29,684 $10,937 $18,747
2016 $5,445 $29,684 $10,937 $18,747
2015 $4,959 $29,684 $10,937 $18,747
2014 $5,729 $30,880 $9,375 $21,505
2013 $5,616 $30,880 $9,375 $21,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09072306

Midwest Real Estate Data (MRED)

APN: 17-33-100-016-0000