Seller's Agent in 2019
Kylie Gehrke
Kakenmaster and Associates, Inc.
(847) 732-8822
7 in this area
23 Total Sales
327 2nd St Libertyville, IL 60048
Estimated Value: $452,000 - $504,073
3
Beds
2
Baths
1,561
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Corner Lot
- Porch
- Ceiling Fan
- Butterfield School Rated A-
- Bungalow
- 5-minute walk to Sunrise Rotary Park
About This Home
As of March 2019Great investment opportunity in Libertyville! Bungalow-style duplex on corner lot. Walking distance to downtown Libertyville restaurants, shops, Metra station, and near Lake Minear Beach. Laundry in both units. 1st floor includes full unfinished basement. Parking space available for 4 cars. Both units are currently leased.
Last Agent to Sell the Property
Kakenmaster and Associates, Inc. License #475160809 Listed on: 01/12/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,640
Year Built
- Built in 1926
Lot Details
- Lot Dimensions are 102x60
- Corner Lot
- Paved or Partially Paved Lot
Home Design
- Bungalow
- Block Foundation
- Asphalt Roof
Interior Spaces
- Ceiling Fan
- Storm Screens
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 4 Parking Spaces
- Driveway
- Uncovered Parking
- Parking Included in Price
Outdoor Features
- Porch
Schools
- Butterfield Elementary School
- Highland Middle School
- Libertyville High School
Utilities
- Baseboard Heating
- Heating System Uses Steam
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 2 Units
Building Details
- Gross Income $27,900
- Net Operating Income $13,478
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2019
Closed on
Mar 21, 2019
Sold by
Gaines Todd A and Gaines Kristian M
Bought by
Berg Holdings Inc
Seller's Agent
Kylie Gehrke
Kakenmaster and Associates, Inc.
Buyer's Agent
Mike Bodden
Chase Real Estate LLC
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,018
Avg. Annual Appreciation
7.40%
Original Mortgage
$221,250
Interest Rate
5%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 17, 2009
Sold by
Gaines Todd A and Gaines Kristian M
Bought by
Gaines Lauren A and Gaines Todd A
Purchase Details
Closed on
Oct 8, 2004
Sold by
Smith Mark J and Smith Annette J
Bought by
Gaines Todd A and Gaines Kristian M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 23, 1999
Sold by
Wolfe Dewey J and Wolfe Patricia I
Bought by
Smith Mark J and Smith Annette J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.89%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berg Holdings Inc | $295,000 | Ata Gmt Title Agency | |
| Gaines Todd A | -- | Gmt Title Agency | |
| Gaines Lauren A | -- | None Available | |
| Gaines Todd A | $270,000 | -- | |
| Smith Mark J | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Berg Holdings Inc | $221,250 | |
| Previous Owner | Gaines Todd A | $189,000 | |
| Previous Owner | Smith Mark J | $148,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/29/2019 03/29/19 | Sold | $295,000 | -6.3% | $189 / Sq Ft |
| 01/16/2019 01/16/19 | Pending | -- | -- | -- |
| 01/12/2019 01/12/19 | For Sale | $315,000 | -- | $202 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,233 | $125,467 | $87,247 | $38,220 |
| 2023 | $4,382 | $115,723 | $80,471 | $35,252 |
| 2022 | $8,174 | $102,205 | $77,347 | $24,858 |
| 2021 | $7,876 | $100,005 | $75,682 | $24,323 |
| 2020 | $7,585 | $98,324 | $74,410 | $23,914 |
| 2019 | $8,070 | $112,196 | $73,702 | $38,494 |
| 2018 | $7,750 | $111,535 | $76,668 | $34,867 |
| 2017 | $7,697 | $108,014 | $74,248 | $33,766 |
| 2016 | $7,378 | $102,412 | $70,397 | $32,015 |
| 2015 | $7,301 | $95,721 | $65,798 | $29,923 |
| 2014 | $6,916 | $87,440 | $60,106 | $27,334 |
| 2012 | $6,686 | $90,000 | $61,865 | $28,135 |
Source: Public Records
Agents Affiliated with this Home
-
Kylie Gehrke
-
Mike Bodden
Buyer's Agent in 2019
Mike Bodden
Chase Real Estate LLC
(847) 293-8928
4 in this area
398 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10171393
APN: 11-16-416-016
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