NOT LISTED FOR SALE

407 S 3rd St Kirkland, IL 60146

Estimated Value: $178,493 - $242,000

3 Beds
2 Baths
-- Sq Ft
8,886 Sq Ft Lot

Last Sold June 26, 2014

Last sale price $100,000

Est. 104% increase in value since last sale

Current estimated payment $1,470/month

224 Days on Market

Highlights

  • American Four Square Architecture
  • 1 Car Detached Garage
  • Paved or Partially Paved Lot
  • Screened Porch
  • Forced Air Heating System
  • 3-minute walk to Franklin Township Park

About This Home

As of June 2014

Very well-maintained two unit apartment. Upper unit is "fresh" and in move-in condition with 2 bedrooms, 1 bath, living area & kitchen. Unit has access to walk up attic! Lower unit is a one bedroom apartment with large living and dining area. Newer roof, windows, & insulation. Both units are in move-in condition. Washer Dryer in basement. Screened porch off of lower unit. Home could be converted to single family

Last Agent to Sell the Property

Joline Latimer

Northern Illinois Realty LLC License #471003549 Listed on: 08/13/2013

Last Buyer's Agent

Bridgett Gilmore

eHome Advantage Realty License #471007261

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,976

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 85x100x55x12.5x30x137.5
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • American Four Square Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,976

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Year Built: 1920
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch Screened, Storms/Screens
  • List Price: 110900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 426

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 85X100X55X12.5X30X137.5
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 3976
  • Tax Year: 2012
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2013
Closed on
Jun 26, 2014
Sold by
Merriman Robert T
Bought by
Alm Brian J
Seller's Agent
Joline Latimer
Northern Illinois Realty LLC
Buyer's Agent
Bridgett Gilmore
eHome Advantage Realty
List Price
$115,900
Sold Price
$100,000
Premium/Discount to List
-$15,900
-13.72%
Current Estimated Value
$203,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,652
Avg. Annual Appreciation
5.97%
Original Mortgage
$107,047
Outstanding Balance
$84,061
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$106,463

Purchase Details

Closed on
Mar 25, 2008
Sold by
Rayburn Olive M
Bought by
Merriman Robert T and Merriman Linda L
Source: Public Records

Range of Values:

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Average Value
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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
Alm Brian J $100,000 --
Merriman Robert T $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alm Brian J $107,047
Previous Owner Merriman Robert T $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $100,000 -9.8% --
03/25/2014 03/25/14 Pending -- -- --
03/06/2014 03/06/14 Price Changed $110,900 -4.3% --
08/13/2013 08/13/13 For Sale $115,900 -- --
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 $4,146 $52,552 $16,686 $35,866
2023 $4,146 $48,404 $15,369 $33,035
2022 $3,760 $44,212 $14,966 $29,246
2021 $3,748 $42,626 $14,429 $28,197
2020 $3,691 $41,335 $13,698 $27,637
2019 $3,625 $40,119 $13,295 $26,824
2018 $3,523 $38,977 $12,917 $26,060
2017 $3,421 $37,997 $12,592 $25,405
2016 $3,390 $37,143 $12,309 $24,834
2015 -- $34,859 $11,552 $23,307
2014 -- $36,872 $10,682 $26,190
2013 -- $37,946 $10,993 $26,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08420472

Midwest Real Estate Data (MRED)

APN: 01-26-278-009