NOT LISTED FOR SALE

Estimated Value: $260,000 - $471,000

5 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold July 29, 2015

Last sale price $250,000

Est. 52% increase in value since last sale

Current estimated payment $2,108/month

493 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Baseboard Heating
  • J T Manning Elementary School Rated A-
  • Fenced Yard

About This Home

As of July 2015

GREAT INVESTMENT OPPORTUNITY. PRIME LOCATION WALKING DISTANCE TO TRAIN AND DOWNTOWN. SOLID BUILT BRCK BUILDING WITH MANY NEWER FEATURES INCLUDE ROOF, WINDOWS, SOFFITS, FASCIA (ALL APPROX 2006). NEWER ASPHALT PARKING LOT. 30 FOOT SIDE YARD W/PRIVACY FENCE. NEWLY REMODELED 1 BR HAS HARDWOOD FLOORS, FRESH PAINT. TWO LONG TERM TENANTS. WASH/DRYER OWNED W/ADD INCOME. OWNER PAYS GAS, WATER, AND ELECTRIC IN COMMON AREA

Last Agent to Sell the Property

Bob Long

Long Realty License #471021032 Listed on: 02/02/2014

Long Realty

Last Buyer's Agent

Dee Penna

@properties Christie's International Real Estate License #475126389

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,598

Year Built

  • Built in 1965

Lot Details

  • Fenced Yard
  • Corner Lot
  • Additional Parcels

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 7 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • J T Manning Elementary School
  • Westmont Junior High School
  • Westmont High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $32,000
  • Net Operating Income $26,519

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,598

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1965
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: CO Detectors
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 279900
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Alley
  • ParkingTotal: 7
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Fee Information

  • Other Expenses $: 5481

Schools

  • Elementary School: J T MANNING ELEMENTARY SCHOOL
  • High School: WESTMONT HIGH SCHOOL
  • Middle/Junior School: WESTMONT JUNIOR HIGH SCHOOL
  • Middle/Junior School District: 201

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 71 X 137 IRREG
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 26519
  • GrossIncome: 32000
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat,1 Story Unit/s

Tax Info

  • Tax Annual Amount: 6598
  • Tax Year: 2013
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Susan Virzi
Bought by
Virzi Susan and Berkson Lyle
Current Estimated Value
$380,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,758
Outstanding Balance
$126,233
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$254,173

Purchase Details

Closed on
Nov 9, 2021
Sold by
Virzi Susan and Berkson Lyle
Bought by
Chicago Title Land Trust Company and Trust Number 8002368761

Purchase Details

Closed on
Dec 11, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Virzi Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2014
Closed on
Jul 28, 2015
Sold by
Barry Harold C and Barry Harold
Bought by
Chicago Title Land Trust Company and Trust #8002368761
Seller's Agent
Bob Long
Long Realty
Buyer's Agent
Dee Penna
@properties Christie's International Real Estate
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Apr 30, 2001
Sold by
Georgeff James and Georgeff Luba
Bought by
Barry Harold C and Barry Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Virzi Susan -- Servicelink
Chicago Title Land Trust Company -- Chicago Title
Virzi Susan -- Chicago Title Land Trust Co
Chicago Title Land Trust Company $250,000 Chicago Title Land Trust Co
Barry Harold C $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virzi Susan $156,758
Previous Owner Virzi Susan $175,000
Previous Owner Barry Harold C $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2015 07/29/15 Sold $250,000 -10.7% --
06/10/2015 06/10/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $279,900 0.0% --
04/18/2015 04/18/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $279,900 0.0% --
01/05/2015 01/05/15 Pending -- -- --
07/30/2014 07/30/14 Price Changed $279,900 -6.7% --
02/02/2014 02/02/14 For Sale $299,900 -- --
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 $1,088 $16,839 $16,839 --
2023 $1,033 $15,480 $15,480 $0
2022 $975 $14,670 $14,670 $0
2021 $937 $14,500 $14,500 $0
2020 $918 $14,210 $14,210 $0
2019 $888 $13,630 $13,630 $0
2018 $907 $13,570 $13,570 $0
2017 $885 $13,060 $13,060 $0
2016 $872 $12,460 $12,460 $0
2015 $860 $11,720 $11,720 $0
2014 $861 $11,390 $11,390 $0
2013 $787 $10,990 $10,990 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08529872

Midwest Real Estate Data (MRED)

APN: 09-10-315-009