NOT LISTED FOR SALE

Estimated Value: $778,000 - $1,223,000

5 Beds
3 Baths
2,296 Sq Ft
$475/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $875,000 $381 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,831/month

20 Days on Market

Highlights

  • Fenced Yard
  • 6 Car Detached Garage
  • Senior Tax Exemptions
  • Blaine Elementary School Rated A-

About This Home

As of February 2021

LOCATION, LOCATION, LOCATION! Long time owners, hate to leave- place is too big for them. Over-sized lot. Brick 6-car garage! Many possibilities. Call your investors today

Last Agent to Sell the Property

Griselda Chaidez

Su Familia Real Estate Inc License #475126862 Listed on: 09/25/2020

Last Buyer's Agent

Sandra Kessler

@properties Christie's International Real Estate License #475145483

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 25x207
  • Fenced Yard

Parking

  • 6 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Blaine Elementary School
  • Lake View High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,928

Year Built

Built in 1916

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • 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: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 1049000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 6
  • ParkingTotal: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Elementary School: Blaine Elementary School
  • High School: Lake View High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X207
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1928
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Heffernan Builders Llc
Bought by
Eileen M Heffernan Revocable Trust
Current Estimated Value
$1,090,389

Purchase Details

Closed on
May 20, 2022
Sold by
Heffernan Builders Llc
Bought by
Brown Ann and Brown Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2020
Closed on
Feb 5, 2021
Sold by
Riha Carmen
Bought by
Heffernan Builders Llc
Seller's Agent
Griselda Chaidez
Su Familia Real Estate Inc
Buyer's Agent
Sandra Kessler
@properties Christie's International Real Estate
List Price
$1,049,000
Sold Price
$875,000
Premium/Discount to List
-$174,000
-16.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$984,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Riha Carmen
Bought by
Riha Carmen
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
Eileen M Heffernan Revocable Trust -- None Listed On Document
Brown Ann $895,000 --
Heffernan Builders Llc $875,000 Greater Illinois Title
Riha Carmen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Ann $716,000
Previous Owner Heffernan Builders Llc $2,074,000
Previous Owner Heffernan Builders Llc $984,000
Previous Owner Riha Carmen $70,000
Previous Owner Riha Carmen $49,101
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $875,000 -16.6% $381 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $1,049,000 -- $457 / 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 $22,668 $107,438 $28,049 $79,389
2023 $68,801 $107,438 $22,620 $84,818
2022 $68,801 $334,500 $78,000 $256,500
2021 $20,050 $99,706 $78,000 $21,706
2020 $1,934 $80,785 $33,280 $47,505
2019 $1,929 $89,762 $33,280 $56,482
2018 $1,900 $89,762 $33,280 $56,482
2017 $12,061 $75,465 $29,120 $46,345
2016 $12,289 $75,465 $29,120 $46,345
2015 $11,811 $75,465 $29,120 $46,345
2014 $2,315 $69,117 $23,920 $45,197
2013 $2,323 $69,117 $23,920 $45,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10883082

Midwest Real Estate Data (MRED)

APN: 14-20-110-012-0000