NOT LISTED FOR SALE

Estimated Value: $332,000 - $380,000

4 Beds
2 Baths
-- Sq Ft
7,057 Sq Ft Lot

Last Sold February 27, 2023

Last sale price $270,000

Est. 29% increase in value since last sale

Current estimated payment $2,566/month

About This Home

As of February 2023

Great Brick 2 Flat with Hardwood Floors, 2 Spacious Bedrooms, Enclosed Porch, Basement Storage and Basement Laundry. Shared Garage with 411 Hamilton Elgin (neighboring 2 Flat). Must be sold together. Positive Cash Flow. New Cement Stoops. New stairs and porches.

Last Agent to Sell the Property

Rudy Johnson

Keller Williams Inspire - Geneva License #475139695 Listed on: 12/07/2022

Keller Williams Inspire - Geneva

Co-Listed By

Sharon Mennerick

HomeSmart Connect LLC License #475134295

Last Buyer's Agent

Adalberto Sanchez

A&O Dream Key Real Estate License #471019763

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,037

Year Built

  • Built in 1958 | Remodeled in 2000

Lot Details

  • Lot Dimensions are 90 x 95 x 72 x 76

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,764
  • Gross Income $25,800
  • Net Operating Income $17,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,037

Year Built

Built in 1958 | Remodeled in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished,Storage Space
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 90 X 95 X 72 X 76
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 17000
  • Insurance Expense: 1764
  • GrossIncome: 25800
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7036.9
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Jan 17, 2023
Sold by
Ann L Mapes Trust and Donald L Mapes Trust
Bought by
Arias Adalberto Sanchez
Seller's Agent
Rudy Johnson
Keller Williams Inspire - Geneva
Buyer's Agent
Adalberto Sanchez
A&O Dream Key Real Estate
List Price
$270,000
Sold Price
$270,000
Views
69
Current Estimated Value
$349,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,362
Avg. Annual Appreciation
9.62%
Original Mortgage
$202,500
Outstanding Balance
$197,322
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$154,099
Source: Public Records
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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
Arias Adalberto Sanchez $270,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Adalberto Sanchez $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2023 02/27/23 Sold $270,000 0.0% --
12/07/2022 12/07/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $270,000 -- --
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 $8,872 $110,856 $17,966 $92,890
2023 $8,537 $100,150 $16,231 $83,919
2022 $7,315 $84,364 $14,800 $69,564
2021 $7,037 $78,874 $13,837 $65,037
2020 $6,867 $75,298 $13,210 $62,088
2019 $6,699 $71,726 $12,583 $59,143
2018 $6,680 $67,570 $11,854 $55,716
2017 $6,570 $63,878 $11,206 $52,672
2016 $6,320 $59,261 $10,396 $48,865
2015 -- $54,318 $9,529 $44,789
2014 -- $53,647 $9,411 $44,236
2013 -- $55,062 $9,659 $45,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11678784

Midwest Real Estate Data (MRED)

APN: 06-14-106-014