NOT LISTED FOR SALE

Estimated Value: $593,000 - $831,000

5 Beds
2 Baths
3,180 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: January 19, 2024

Last sale price $475,000 $149 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,555 / mo

18 Days on Market

About This Home

As of January 2024

*****HIGHEST AND BEST IS DUE 12/12/23 AT 11:59 PM MOUNTAIN TIME******This is a once in a lifetime, phenomenal investment opportunity. This brick 2 flat containing a total of 5 bedrooms / 2 or more in each apartment / with dining room, living room, kitchen / 2 Car Garage / Close to shopping / Entertainment / Public transportation / Being sold in "as is" condition / No survey nor disclosures / taxes prorated 100% / Earnest money to be certified funds / Please see agent remarks for Offer Submission instructions. Buyer is purchasing subject to current code violations. There is an injunction prohibiting occupancy. Please see attached building code violations under additional information.

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 12/01/2023

Last Buyer's Agent

Gregorio Cirone

xr realty License #471003959

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,781

Year Built

  • Built in 1961

Lot Details

  • 3,746

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30x123

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,781

Year Built

Built in 1961

Lot Details

3,746 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X123
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7781.34
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

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

Listed on
Dec 1, 2023
Closed on
Jan 12, 2024
Sold by
Bear Stearns Asset Backed Sec and Us Bank Trust Na
Bought by
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Gregorio Cirone
xr realty
List Price
$434,900
Sold Price
$475,000
Premium/Discount to List
$40,100
9.22%
Views
253
Current Estimated Value
$705,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,500
Avg. Annual Appreciation
16.71%
Original Mortgage
$356,250
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1998
Sold by
Susara Nazario B and Susara Edda L
Bought by
Santos Irene A

Purchase Details

Closed on
Oct 22, 1998
Sold by
Antonio Maria Susara
Bought by
Susara Nazario B and Susara Edda L
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Belmont Heights, IL

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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
$475,000 Fidelity National Title
Santos Irene A $250,000 --
Susara Nazario B -- --
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
Open $364,000
Closed Ruggiero Salvatore $356,250
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
01/19/2024 01/19/24 Sold $475,000 +9.2% $149 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $434,900 -- $137 / 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 $8,167 $49,000 $9,405 $39,595
2024 $8,167 $49,000 $9,405 $39,595
2023 $7,940 $42,000 $7,524 $34,476
2022 $7,940 $42,000 $7,524 $34,476
2021 $7,781 $42,003 $7,527 $34,476
2020 $4,545 $23,494 $4,702 $18,792
2019 $4,739 $27,005 $4,702 $22,303
2018 $4,659 $27,005 $4,702 $22,303
2017 $6,152 $31,937 $4,138 $27,799
2016 $5,900 $31,937 $4,138 $27,799
2015 $5,375 $31,937 $4,138 $27,799
2014 $5,203 $30,589 $3,762 $26,827
2013 $5,089 $30,589 $3,762 $26,827
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11939869

Midwest Real Estate Data (MRED)

APN: 12-24-224-047-0000

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