NOT LISTED FOR SALE

Estimated Value: $484,000 - $553,000

5 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 04, 2015

Last sale price $197,000

Est. 169% increase in value since last sale

Current estimated payment $3,453/month

13 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Patio

About This Home

As of March 2015

ALBANY PARK 2 UNIT BLDG NEEDS UPDATING. NO BASEMENT. REAR YARD WITH PATIO & 2 CAR GARAGE. 1ST FLOOR WITH 3 BEDRMS & 1 BATH. 2ND FLOOR WITH 2 BEDROOMS & DUPLEX UP FINISHED ATTIC. EAT IN KITCHENS. SELLER DOES NOT PROVIDE SURVEY/DISCLOSURES. PROOF OF FUNDS/PRE-APPROVAL SUBMITTED WITH ALL OFFERS. ADDENDUM REQ AFTER ACCEPTANCE. EARNEST MONEY MUST BE CERT FUNDS PAYABLE TO SELLERS ATTORNEY, NOT REMAX. TAXES PRORATED AT 100%

Last Agent to Sell the Property

Mera Kordic

RE/MAX Premier License #475135420 Listed on: 01/13/2015

Last Buyer's Agent

Chi Zhang

Coldwell Banker Residential

Coldwell Banker Residential

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,256

Year Built

  • Built in 1904

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Crawl Space
  • Patio

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,256

Year Built

Built in 1904

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1904
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 3100
  • Zoning: OTHER
  • Lot Size: Standard Chicago Lot
  • Special Assessments: U

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4256.41
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2015
Closed on
Feb 4, 2015
Sold by
U S Bank Trust National Association
Bought by
Su Jingwen
Seller's Agent
Mera Kordic
RE/MAX Premier
Buyer's Agent
Chi Zhang
Coldwell Banker Residential
List Price
$189,900
Sold Price
$197,000
Premium/Discount to List
$7,100
3.74%
Current Estimated Value
$529,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,000
Avg. Annual Appreciation
9.36%
Original Mortgage
$147,750
Outstanding Balance
$115,231
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$413,769

Purchase Details

Closed on
Nov 5, 2014
Sold by
Morales Maria E
Bought by
U S Bank Trust National Association

Purchase Details

Closed on
Nov 19, 1999
Sold by
Rosales Jorge and Juarez Carlos
Bought by
Morales Maria E and Garcia Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,158
Interest Rate
8.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 1998
Sold by
Rosales Jorge and Juarez Maria
Bought by
Rosales Jorge and Juarez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 1996
Sold by
Joiner Annie L and Simes Janette
Bought by
Rosales Jorge and Juarez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
8.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 1993
Sold by
Cosmopolitan Bank & Trust
Bought by
Simes Janette and Joiner Annie L
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

Date Buyer Sale Price Title Company
Su Jingwen $197,000 First American
U S Bank Trust National Association -- None Available
Morales Maria E $158,500 1St American Title
Rosales Jorge -- --
Rosales Jorge $90,000 --
Simes Janette -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Su Jingwen $147,750
Previous Owner Morales Maria E $157,158
Previous Owner Rosales Jorge $98,000
Previous Owner Rosales Jorge $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2015 03/04/15 Sold $197,000 +3.7% --
01/26/2015 01/26/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $189,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $8,046 $44,000 $19,220 $24,780
2024 $8,046 $44,000 $19,220 $24,780
2023 $7,844 $38,000 $15,500 $22,500
2022 $7,844 $38,000 $15,500 $22,500
2021 $7,667 $38,000 $15,500 $22,500
2020 $7,414 $33,164 $6,820 $26,344
2019 $7,597 $37,687 $6,820 $30,867
2018 $7,469 $37,687 $6,820 $30,867
2017 $5,226 $27,570 $6,200 $21,370
2016 $5,039 $27,570 $6,200 $21,370
2015 $4,587 $27,570 $6,200 $21,370
2014 $4,354 $25,947 $5,580 $20,367
2013 $4,256 $25,947 $5,580 $20,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08816673

Midwest Real Estate Data (MRED)

APN: 13-14-420-032-0000

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