NOT LISTED FOR SALE

Estimated Value: $139,000 - $213,000

4 Beds
2 Baths
1,513 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $125,000 $83 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,204/month

304 Days on Market

About This Home

As of May 2021

GREAT PRICE FOR THIS 2 UNIT PROPERTY W/HUGE CORNER LOT INCLUDED IN SALE!!! Lovingly maintained with loads of character! This home sits on a beautiful 3/4 acre corner lot. Both 1st and 2nd floors have 2 bedrooms/1 bath, bright living rooms and formal dining rooms with antique built-in hutches. Each unit also has it's own private basement. Lovely front porch for enjoying those summer evenings and a large lot for all to play and still plenty of room for a garage. Separate gas and electric meters for each tenant. Both units are currently rented. Conveniently located near schools, expressway and public transportation. Close to stores, restaurants and all Matteson amenities! Conventional or Cash Purchases only.

Last Agent to Sell the Property

Denise Raines

Keller Williams Preferred Rlty License #471018566 Listed on: 05/04/2020

Keller Williams Preferred Rlty

Last Buyer's Agent

Elizabeth Washington

Elizabeth A Washington License #471017992

Property Details

Home Type

  • Multi-Family

Year Built

  • 1911

Lot Details

  • 0.74

Home Design

  • Frame Construction

Parking

  • Parking Available
  • Parking Space is Owned

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Gas
  • Individual Controls for Heating

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • Net Operating Income $11,519

Listing and Financial Details

  • $3,750 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1911

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1911
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1911

Interior Features

  • Number Of Rooms: 10
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Frame
  • Exterior Property Features: Porch
  • Acreage: 0.74

Garage/Parking

  • Number of Cars: 3
  • Parking: Space/s
  • Number Parking Spaces: 3
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Indv Controls
  • Water Expense: 750

Fee Information

  • Insurance Expense: 1600

Schools

  • School District: 227
  • Junior High Dist: 162

Lot Info

  • Lot Dimensions: 163X197
  • Parcel Identification Number: 31233010620000

Rental Info

  • Gross Rental Income: 1750
  • Total Rental Income: 1750

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2
  • Net Operating Income: 11519

Tax Info

  • Taxes: 7131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2021
Sold by
Colbert James W
Bought by
Colbert-Washington Regina
Total Days on Market
304
Current Estimated Value
$182,745

Purchase Details

Listed on
May 4, 2020
Closed on
May 5, 2021
Sold by
Featherston William P and Featherston Elaine
Bought by
Colbert James W
Seller's Agent
Denise Raines
Keller Williams Preferred Rlty
Buyer's Agent
Elizabeth Washington
Elizabeth A Washington
List Price
$160,000
Sold Price
$125,000
Premium/Discount to List
-$35,000
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$106,250
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Colbert-Washington Regina -- None Listed On Document
Colbert James W $125,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colbert James W $106,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $125,000 -3.8% $83 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/10/2021 02/10/21 Price Changed $130,000 -7.1% $86 / Sq Ft
01/27/2021 01/27/21 Price Changed $140,000 0.0% $93 / Sq Ft
11/29/2020 11/29/20 Rented $900 0.0% --
11/11/2020 11/11/20 Price Changed $900 0.0% $1 / Sq Ft
10/19/2020 10/19/20 For Sale $160,000 0.0% $106 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $160,000 0.0% $106 / Sq Ft
10/14/2020 10/14/20 For Rent $950 0.0% --
08/17/2020 08/17/20 Pending -- -- --
08/16/2020 08/16/20 Off Market $950 -- --
08/12/2020 08/12/20 For Rent $950 0.0% --
07/27/2020 07/27/20 Price Changed $160,000 -7.0% $106 / Sq Ft
06/19/2020 06/19/20 Price Changed $172,000 -1.7% $114 / Sq Ft
05/04/2020 05/04/20 For Sale $175,000 0.0% $116 / Sq Ft
12/15/2019 12/15/19 Rented $850 0.0% --
12/03/2019 12/03/19 Under Contract -- -- --
10/18/2019 10/18/19 For Rent $850 +21.4% --
10/01/2015 10/01/15 Rented $700 0.0% --
09/18/2015 09/18/15 Under Contract -- -- --
09/01/2015 09/01/15 For Rent $700 -- --
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 -- $15,001 $7,501 $7,500
2023 -- $20,159 $12,659 $7,500
2022 $0 $12,586 $11,077 $1,509
2021 $6,921 $12,584 $11,076 $1,508
2020 $6,409 $12,584 $11,076 $1,508
2019 $7,132 $13,780 $10,285 $3,495
2018 $7,131 $13,780 $10,285 $3,495
2017 $6,846 $13,780 $10,285 $3,495
2016 $6,054 $12,313 $9,494 $2,819
2015 $6,002 $12,313 $9,494 $2,819
2014 $5,814 $12,313 $9,494 $2,819
2013 $5,717 $13,245 $9,494 $3,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10704924

Midwest Real Estate Data (MRED)

APN: 31-23-301-062-0000