NOT LISTED FOR SALE

409 N 14th St Rochelle, IL 61068

Estimated Value: $132,000 - $175,000

2 Beds
5 Baths
-- Sq Ft
0.32 Acres

Last Sold August 02, 2018

Last sale price $70,000

Est. 112% increase in value since last sale

Current estimated payment $983/month

33 Days on Market

About This Home

As of August 2018

What a unique property! Currently a 2 unit, convert to a 3 unit, or revert to a single family home. Extra lot zoned multi-family, build another unit or duplex on it. Front unit is currently a 1500 sq. ft. loft living space. Back unit is approx. 530 sq. ft. one bedroom with living room, bath, and kitchen. It currently rents for $400/month. Loads of income potential. New furnace and a/c in 2017. Full basement has plenty of storage room, full kitchen and bathrooms. Total lot size is 115' x 124'. Seller requests only serious, pre-approved buyers need to view. Property being sold "AS IS" Seller says feel free to walk the outside of the property without an appointment.

Last Agent to Sell the Property

Kimberly Lancaste

Weichert REALTORS Signature Professionals Listed on: 05/18/2018

Last Buyer's Agent

Dennis Maakestad

Century 21 Circle License #475127359

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,801

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 115 x 124

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,801

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1956
  • Age: 61-70 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: 5
  • Total Bedrooms: 2
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 1
  • Half Bathrooms in Building: 4
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 78000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Frame

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 231

Lot Info

  • Lot Dimensions: 115 X 124
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 1801.16
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Aug 3, 2018
Sold by
Fidis Anthony C
Bought by
Cardenas Perez Daniel
Seller's Agent
Kimberly Lancaste
Weichert REALTORS Signature Professionals
Buyer's Agent
Dennis Maakestad
Century 21 Circle
List Price
$89,000
Sold Price
$70,000
Premium/Discount to List
-$19,000
-21.35%
Current Estimated Value
$148,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,057
Avg. Annual Appreciation
11.00%
Original Mortgage
$56,000
Outstanding Balance
$48,634
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$99,423

Purchase Details

Closed on
Mar 16, 2017
Sold by
Illinois Assication Of 7Th Day
Bought by
Fidis Anthony C
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
Cardenas Perez Daniel $67,000 None Available
Fidis Anthony C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardenas Perez Daniel $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold $70,000 -10.3% --
06/20/2018 06/20/18 Pending -- -- --
05/27/2018 05/27/18 Price Changed $78,000 -12.4% --
05/18/2018 05/18/18 For Sale $89,000 -- --
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 $2,374 $32,816 $10,617 $22,199
2023 $2,185 $30,712 $9,936 $20,776
2022 $2,163 $29,225 $9,455 $19,770
2021 $2,013 $26,997 $8,734 $18,263
2020 $1,909 $25,711 $8,318 $17,393
2019 $1,864 $25,269 $8,175 $17,094
2018 $1,807 $24,774 $8,015 $16,759
2017 $1,801 $18,973 $8,015 $10,958
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09955997

Midwest Real Estate Data (MRED)

APN: 24-23-428-008