NOT LISTED FOR SALE
12 Beds
6 Baths
6,500 Sq Ft
1976 Built

Sale Details

Date Sold: July 17, 2015

Last sale price $612,000 $94 Per Sq Ft

3 Days on Market

About This Home

As of July 2015

GREAT LOCATION TOWARDS THE FRONT OF THE COMPLEX, AWAY FROM THE TOLLWAY. ALL BRICK SIX UNIT BUILDING, SPACIOUS REMODELED APARTMENTS FEATURE LARGE EAT IN KITCHENS W/WINDOW, DINING ROOM, LIVING ROOM AND LARGE BEDROOMS, GOOD CLOSET SPACE THRU-OUT. BASEMENTS WITH LAUNDRY, STORAGE AND PLENTY OF EXTRA ROOM, ASSIGNED PARKING PLUS PLENTY OF GUEST PARKING. CONVENIENT TO SHOPPING & TRANSPORTATION , AWARD WINNING SCHOOLS

Last Agent to Sell the Property

Terry Max

Compass License #471005317 Listed on: 05/13/2015

Compass

Last Buyer's Agent

Inhye Rhee

JStar Investment, INC License #475127517

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,500 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Lot Details

  • Lot Dimensions are 64x56

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • Association fees include parking, insurance, clubhouse, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units

Building Details

  • Electric Expense $600
  • Fuel Expense $3,000
  • Insurance Expense $1,808
  • Maintenance Expense $500
  • Water Sewer Expense $2,915
  • Operating Expense $24,835
  • Gross Income $67,500
  • Net Operating Income $46,265

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1976
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 26-35 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Basement Description: Partially Finished
  • Fireplaces: 1
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Hip,Pitched,Truss
  • Misc Outside: Balcony/ies,Courtyard,Enclosed Stairs,Patio,Satellite Dish,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat,Gas,Hot Water

Condo/Co-op/Association

  • Unincorporated (Y/N): Yes
  • Owners Association (Y/N): Yes

Fee Information

  • Association Fee Includes: Parking, Insurance, Clubhouse, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Water Sewer Expenses: 2915

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 64X56
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 2

Building Info

  • BuildingAreaTotal: 6500

Multi Family

  • Net Operating Income: 46265
  • Fuel Expense: 3000
  • Insurance Expense: 1808
  • ElectricExpense: 600
  • GrossIncome: 67500
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 24835
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,098
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2015
Closed on
Jul 17, 2015
Sold by
Bought by
Seller's Agent
Terry Max
Compass
Buyer's Agent
Inhye Rhee
JStar Investment, INC
List Price
$649,500
Sold Price
$612,000
Premium/Discount to List
-$37,500
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- National Title Solutions Inc
$612,000 Ct
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $300,098
Previous Owner $337,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $612,000 -5.8% $94 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $649,500 -- $100 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,382 $93,000 $3,906 $89,094
2024 $16,382 $74,800 $3,581 $71,219
2023 $16,001 $74,800 $3,581 $71,219
2022 $16,001 $74,800 $3,581 $71,219
2021 $14,380 $58,099 $3,906 $54,193
2020 $13,682 $58,099 $3,906 $54,193
2019 $13,884 $66,781 $3,906 $62,875
2018 $12,229 $53,538 $3,417 $50,121
2017 $12,516 $61,200 $3,417 $57,783
2016 $11,894 $61,200 $3,417 $57,783
2015 $12,882 $60,601 $2,766 $57,835
2014 $12,552 $60,601 $2,766 $57,835
2013 $12,274 $60,601 $2,766 $57,835
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08920799

Midwest Real Estate Data (MRED)
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