NOT LISTED FOR SALE

Estimated Value: $433,840 - $489,000

5 Beds
3 Baths
2,043 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $250,000 $122 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,920/month

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Two Heating Systems
  • Baseboard Heating

About This Home

As of March 2016

LEGAL 2-FLAT; CITY CERTIFIED! FANTASTIC OPPORTUNITY FOR LIVE-IN OWNER OR INVESTOR; 3 BEDROOMS + 2 FULL BATHS ALL ON MAIN LEVEL; FRESHLY PAINTED THROUGHOUT; 2ND FLR UNIT HAS LR, DR, KITCHEN, 2 BRS & FULL BATH; NEW CARPET & PAINT - IMMACULATE; HUGE FULL BASEMENT; SEPARATE HEAT, HW & ELEC; NICE YARD & 2C GARAGE; VERY WELL MAINTAINED BUT BEING SOLD "AS-IS"

Last Agent to Sell the Property

Edward Gal

At Home Realty Group, Inc. License #471016567 Listed on: 02/20/2016

Last Buyer's Agent

Luis Campoverde

RE/MAX Partners License #475108034

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 1914

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30 x 125

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Two Heating Systems
  • Radiator
  • Baseboard Heating
  • Individual Controls for Heating
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units
  • 2 Flat

Building Details

  • Gross Income $24,600
  • Net Operating Income $16,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,991

Year Built

Built in 1914

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: 1914
  • 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: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 249900
  • Roof: Asphalt, Other
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Radiator(s), Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 7790

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 16810
  • GrossIncome: 24600
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3990.99
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2016
Closed on
Mar 22, 2016
Sold by
Szczerbinski Oscar A and Szczerbinski Anna M
Bought by
Jacobo Joseph E
Seller's Agent
Edward Gal
At Home Realty Group, Inc.
Buyer's Agent
Luis Campoverde
RE/MAX Partners
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$460,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,462
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
Oct 7, 2015
Sold by
Kotlarz Sharon L
Bought by
Szczerbinski Oscar A and Szczerbinski Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Jacobo Joseph E $250,000 Old Republic Title
Szczerbinski Oscar A $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobo Joseph E $320,510
Previous Owner Szczerbinski Oscar A $165,000
Previous Owner Kotlarz Sharon L $108,411
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $250,000 0.0% $122 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $249,900 -- $122 / 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 $4,789 $37,000 $13,125 $23,875
2023 $4,647 $26,000 $10,500 $15,500
2022 $4,647 $26,000 $10,500 $15,500
2021 $4,561 $26,000 $10,500 $15,500
2020 $5,399 $27,324 $4,687 $22,637
2019 $5,483 $30,702 $4,687 $26,015
2018 $5,389 $30,702 $4,687 $26,015
2017 $4,888 $26,071 $4,125 $21,946
2016 $4,724 $26,071 $4,125 $21,946
2015 $4,555 $27,467 $4,125 $23,342
2014 $3,991 $24,063 $3,750 $20,313
2013 $3,901 $24,063 $3,750 $20,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09144340

Midwest Real Estate Data (MRED)

APN: 13-19-402-025-0000