$340,000
SOLD SEP 10, 2021
8 Beds
3 Baths
3,444 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

6% Below List Price

132 Days on Market

Highlights

  • Deck
  • No HOA
  • Hot Water Circulator
  • Property is near public transit
  • Balcony
  • 3-minute walk to Wood Park

About This Home

As of September 2021

Great income producing multi-family offers many updates and possibilities. There are hardwood floors, built-in hutch, tiles, and nice cabinets. this is a solid investment for investors or for someone looking for tenants to help pay the mortgage.
Turn-key Multi family investment with longtime tenants (approximate average tenure is 6 years). All Units have all been completely remodeled on the inside in 2017 including new appliances. Don’t miss out on your opportunity to add this to your portfolio that will generate cash-flow immediately. All units rented with month to month leases

Last Agent to Sell the Property

Karim Douich

William Raveis Real Estate License #REB.0791183 Listed on: 02/26/2021

William Raveis Real Estate

Last Buyer's Agent

Ana Pena

William Raveis Real Estate License #RES.0771917

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,372

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 3,444 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway

Parking

  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $249,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,372

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: West End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3444
  • Public Record Living Room Sq Ft: 3444
  • Total Sq Ft: 3444
  • Year Built: 1920
  • Nearby Amenities: Commuter Bus, Health Club, Medical Facilities, Playground/Tot Lot, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5522
  • Tax Year Updated Dt: 07/26/2021
  • Directions: Park Avenue to Laurel Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Partially Finished, Hatchway Access
  • Attic: No
  • Street Number Modifier: 370

Exterior Features

  • Exterior Features: Balcony, Deck
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Hot Air, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.0900
  • Lot Description: N/A
  • Zoning: RB

Multi Family

  • Gross Annual Income: 249168
  • Net Operating Income: 187382
  • Unit Count: 3
  • Total Multi Family: 16
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5372
  • Total Assessed Value: 123640
  • Mil Rate Base: 43.450
  • Mil Rate Total: 43.450
  • Assessor Parcel Number: 18142

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Cordero Alma
Bought by
Llanos Lorena M
Total Days on Market
132
Current Estimated Value
$433,153

Purchase Details

Listed on
Feb 26, 2021
Closed on
Sep 9, 2021
Sold by
Dajani Alket
Bought by
Dajani Alket
Seller's Agent
Karim Douich
William Raveis Real Estate
Buyer's Agent
Ana Pena
William Raveis Real Estate
List Price
$359,900
Sold Price
$340,000
Premium/Discount to List
-$19,900
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 6, 2018
Sold by
Vokaj Artur
Bought by
Vokajries Artur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,332,750
Interest Rate
4.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 6, 2016
Sold by
Coelhol Dulcimar
Bought by
Deutsche Bk Natl T Co

Purchase Details

Closed on
Mar 16, 2007
Sold by
Santos Jose
Bought by
Coelho Dulcimar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
6.4%

Purchase Details

Closed on
Jan 28, 2006
Sold by
Allen Wilton
Bought by
Santos Jose

Purchase Details

Closed on
Dec 13, 1990
Sold by
Wilkes Evelyn
Bought by
Allen Wilton
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $182,400 None Available
Warranty Deed $340,000 None Available
Warranty Deed $340,000 None Available
Deed $182,400 None Available
Deed $182,400 None Available
Warranty Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Warranty Deed $332,000 --
Warranty Deed $332,000 --
Warranty Deed $325,000 --
Warranty Deed $325,000 --
Deed $138,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,900 Stand Alone Refi Refinance Of Original Loan
Previous Owner $300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,332,750 Balloon
Previous Owner $265,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $340,000 -5.5% $99 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $359,900 0.0% $105 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $359,900 +212.1% $105 / Sq Ft
09/27/2017 09/27/17 Sold $115,299 +28.0% $33 / Sq Ft
07/30/2017 07/30/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $90,100 -- $26 / Sq Ft
Source: SmartMLS

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 $5,372 $123,640 $47,260 $76,380
2023 $5,372 $123,640 $47,260 $76,380
2022 $5,372 $123,640 $47,260 $76,380
2021 $5,372 $123,640 $47,260 $76,380
2020 $6,742 $124,880 $28,640 $96,240
2019 $6,742 $124,880 $28,640 $96,240
2018 $6,790 $124,880 $28,640 $96,240
2017 $6,790 $124,880 $28,640 $96,240
2016 $6,790 $124,880 $28,640 $96,240
2015 $7,911 $187,470 $43,330 $144,140
2014 $7,911 $187,470 $43,330 $144,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170375173

SmartMLS

APN: BRID-001128-000017