NOT LISTED FOR SALE

407 E Exchange St Sycamore, IL 60178

Estimated Value: $210,000 - $303,206

5 Beds
4 Baths
-- Sq Ft
0.25 Acres

Last Sold August 21, 2018

Last sale price $110,000

Est. 140% increase in value since last sale

Current estimated payment $1,914/month

7 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Traditional Architecture
  • Ceiling Fan
  • Senior Tax Exemptions

About This Home

As of August 2018

Multiple offers, HIGHEST AND BEST due Thursday Aug 2nd by 5:30pm 407 and 411 E Exchange St. One lot, 2 houses side by side. Legal 2 family unit with additional privacy. Both homes were joined by a decorative roof-railing years back, they are considered a duplex-2 family, but provide additional privacy that a standard duplex would not. This would be a great opportunity for an investor or family. Property has a lot of potential, both homes have full basements, partial-finished in need of repairs, could serve as a possible in-law arrangement. 407 features 7 rooms, 3 bedroom, 3 baths, full basement, 1 car garage in the back, all bedrooms have hardwood floors. 411 features 7 room, 2 bedrooms, 1 bath, full basement. Property has been cleaned out, kitchen appliances in both units have been removed due to age, laundry hook ups available in basement, 411 has a newer water heater. Selling as-is.

Last Agent to Sell the Property

Michelle Nissen

Elm Street, REALTORS Listed on: 07/26/2018

Co-Listed By

Paula Kolodziej

Elm Street, REALTORS License #475154568

Last Buyer's Agent

Monteil Johnson

Coldwell Banker Real Estate Group License #475175598

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,162

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 69.5x158.75
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,162

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 99900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved, Other

Schools

  • Middle/Junior School District: 427

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 69.5X158.75
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4161.88
  • Tax Year: 2017
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Aug 21, 2018
Sold by
Wehrman Rickie W and The Estate Of Donna E Wehrman
Bought by
Quenett Andy and Quenett Elaine
Seller's Agent
Michelle Nissen
Elm Street, REALTORS
Buyer's Agent
Monteil Johnson
Coldwell Banker Real Estate Group
List Price
$99,900
Sold Price
$110,000
Premium/Discount to List
$10,100
10.11%
Total Days on Market
7
Current Estimated Value
$264,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,302
Avg. Annual Appreciation
14.00%
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 Buyer Sale Price Title Company
Quenett Andy $110,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Quenett Andy $81,720
Closed Quenett Andy $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $110,000 +10.1% --
08/02/2018 08/02/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $99,900 -- --
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 $6,132 $74,233 $15,105 $59,128
2023 $6,132 $67,786 $13,793 $53,993
2022 $5,892 $62,172 $12,651 $49,521
2021 $5,631 $58,367 $11,877 $46,490
2020 $5,562 $56,932 $11,585 $45,347
2019 $5,481 $55,684 $11,331 $44,353
2018 $4,299 $53,994 $10,987 $43,007
2017 $4,162 $51,857 $10,552 $41,305
2016 $4,024 $49,492 $10,071 $39,421
2015 -- $46,581 $9,479 $37,102
2014 -- $44,232 $9,001 $35,231
2013 -- $45,079 $9,173 $35,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10031823

Midwest Real Estate Data (MRED)

APN: 06-33-153-018