NOT LISTED FOR SALE

348 Luella Ave Calumet City, IL 60409

Estimated Value: $141,000 - $210,413

4 Beds
3 Baths
1,378 Sq Ft
$119/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $142,500 $103 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $916/month

52 Days on Market

Highlights

  • Fenced Yard
  • Baseboard Heating
  • Senior Tax Exemptions
  • 2 Car Detached Garage

About This Home

As of July 2024

ALL BRICK TWO UNIT BUILDING WITH A SIDE DRIVEWAY TO A DETACHED TWO CAR GARAGE. FIRST FLOOR HAS A LARGE LIVING ROOM, KITCHEN WITH EATING AREA, A BEDROOM AND FULL BATHROOM. SECOND FLOOR HAS A LARGE LIVING ROOM, 3 BEDROOMS, KITCHEN, DINING ROOM AND 1.5 BATHROOMS. THE FIRST FLOOR HAS A LARGE UTILITY ROOM FOR STORAGE/LAUNDRY ROOM. THE PROPERTY IS BEING SOLD IN "AS-IS" CONDITIONS. THE BUYER WILL BE RESPONSIBLE FOR ALL THE CALUMET CITY POINT OF SALES INSPECTION CONDITIONS.

Last Agent to Sell the Property

Gustavo Lopez

G & R Realty, Inc. License #471010643 Listed on: 05/07/2024

Last Buyer's Agent

Soren Winquist-Bailey

Chase Real Estate LLC License #475192970

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $421

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 41x123
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$421

Year Built

Built in 1971

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: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 169900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 155

Lot Info

  • Lot Dimensions: 41X123
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 421.29
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

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
May 7, 2024
Closed on
Jul 22, 2024
Sold by
Miller Nancy
Bought by
Bailey Group Rehabs Llc
Seller's Agent
Gustavo Lopez
G & R Realty, Inc.
Buyer's Agent
Soren Winquist-Bailey
Chase Real Estate LLC
List Price
$169,900
Sold Price
$142,500
Premium/Discount to List
-$27,400
-16.13%
Views
168
Current Estimated Value
$163,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,103
Avg. Annual Appreciation
13.12%
Original Mortgage
$95,000
Interest Rate
6.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 17, 2015
Sold by
Miller Nancy
Bought by
Miller Nancy and Trust #348

Purchase Details

Closed on
Apr 28, 1999
Sold by
Miller Harry P and Miller Nancy Ann
Bought by
Lee Miller Nancy Ann and Lee Casey
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
Bailey Group Rehabs Llc $142,500 Fidelity National Title
Miller Nancy -- None Available
Lee Miller Nancy Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bailey Group Rehabs Llc $95,000
Closed Bailey Group Rehabs Llc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $142,500 -16.1% $103 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $169,900 -- $123 / Sq Ft
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 $322 $17,000 $2,750 $14,250
2023 $421 $17,000 $2,750 $14,250
2022 $421 $11,764 $2,375 $9,389
2021 $386 $11,764 $2,375 $9,389
2020 $1,656 $11,764 $2,375 $9,389
2019 $1,481 $9,551 $2,000 $7,551
2018 $1,465 $9,551 $2,000 $7,551
2017 $1,498 $9,551 $2,000 $7,551
2016 $2,988 $7,690 $1,875 $5,815
2015 $5,963 $9,152 $1,875 $7,277
2014 $6,435 $10,148 $1,875 $8,273
2013 -- $11,847 $1,875 $9,972
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12050082

Midwest Real Estate Data (MRED)

APN: 29-12-208-034-0000