NOT LISTED FOR SALE

Estimated Value: $591,000 - $738,000

6 Beds
5 Baths
-- Sq Ft
0.41 Acres

Last Sold December 23, 2020

Last sale price $507,000

Est. 31% increase in value since last sale

Current estimated payment $4,745/month

76 Days on Market

About This Home

As of December 2020

Located in Batavia,s Historical District, this one of a Kind 5 Unit Multi-Family offers 4220 Square Feet of Charm and Income.Own as a Arm-Chair Investment, Renting for Income (As it is Now Used) and Build Equity Instantly and /or Live in Unit C and Rent to your Extended Family!All 5 Units have been Renovated and All have their own Washer and Dryer. Ingenuity and Creativity make Each Apartment Desirable. Beautiful Grounds with a Fenced Courtyard for Morning Coffee, or Enjoy your Cook out on the Patio with Perogala, and the serenity of a large lot and quiet surroundings. Ample Parking plus a 2 Car Garage for Extra Income! Walk to Downtown Batavia, The Fox River, and Parks! Minutes to Randall Road Shopping and less then 10 Minutes to I-88 Entrance on Route 31! A full Marketing Package is Available in the MLS! Make This your 1st Investment and /or Add to your Existing Portfolio. A rare Opportunity to Acquire a Multi-Unit Building, in an In-Town Location that Offers Incredible Income Options!

Last Agent to Sell the Property

Edward Hall

Baird & Warner License #471008452 Listed on: 08/03/2020

Baird & Warner

Last Buyer's Agent

Saul Noe Flores-Ramirez

Coldwell Banker Realty License #227252544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,535

Year Built

  • 1891

Lot Details

  • 0.41

Home Design

  • Block Foundation
  • Slab Foundation
  • Frame Construction

Additional Features

  • Exterior Basement Entry
  • Zoned Heating and Cooling

Community Details

  • Fuel Expense $2,206
  • Insurance Expense $3,000

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,535

Year Built

1891

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Legal Non Conforming, Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family, Residential-Single Family, Special Use
  • Utilities To Site: Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: New Rehab
  • Net Operating Income Year: 2019
  • Net Oper Income: 42533
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 3949
  • Roof Coverings: Shingle Composition
  • Roof Structure: Gable
  • Scavenger Expense: 857
  • Total Annual Exp: 29233
  • Total Annual Income: 71766
  • Total Monthly Income: 5970
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 3
  • Estimated Year Built: 1891
  • Type Multi Family: Four Plus One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1891

Interior Features

  • Basement: Finished, Exterior Access
  • Total Fireplaces: 3

Exterior Features

  • Foundation: Block, Concrete
  • Exterior Building Type: Frame
  • Acreage: 0.41
  • Construction: Wood Frame
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 1-5 Spaces, Detached, Fee Parking
  • Number Of Parking Spaces: 8

Utilities

  • Air Conditioner: Central Air, Central Individual, Zoned
  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Central Heat/Indiv Controls, Forced Air, Gas, Zoned

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electricity Expense: 5095
  • Electrical Service: Circuit Breakers, 0-100 Amps

Lot Info

  • Lot Dimensions: 60X297
  • Lot Sq Ft: 18000
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Sidewalks, Cable Ready
  • Parcel Identification Number: 1222326003

Rental Info

  • Gross Rental Income: 71640
  • Tenant Pays: Electric, Heat

Multi Family

  • Expense Year: 2019
  • Fuel Expense: 2206
  • Insurance Expense: 3000
  • Number Of Dishwashers: 5
  • Number Of Dryers: 5
  • Number Of Washers: 5

Tax Info

  • Taxes: 14678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Dec 21, 2020
Sold by
Anthem Batavia Properties Inc
Bought by
Johnson Kevin and Johnson Robin
Seller's Agent
Edward Hall
Baird & Warner
Buyer's Agent
Saul Noe Flores-Ramirez
Coldwell Banker Realty
List Price
$537,900
Sold Price
$507,000
Premium/Discount to List
-$30,900
-5.74%
Current Estimated Value
$665,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,857
Avg. Annual Appreciation
6.58%
Original Mortgage
$405,000
Outstanding Balance
$362,291
Interest Rate
2.71%
Mortgage Type
Commercial
Estimated Equity
$319,472

Purchase Details

Closed on
Feb 7, 2019
Sold by
Anthem Properties Inc
Bought by
Anthem & Batavia Properties Inc

Purchase Details

Listed on
Sep 22, 2016
Closed on
Dec 19, 2016
Sold by
Johnson Angela M
Bought by
Anthem Properties Inc
Seller's Agent
Nicholas Tabick
RE/MAX Suburban
Buyer's Agent
Edward Hall
Baird & Warner
List Price
$489,900
Sold Price
$470,000
Premium/Discount to List
-$19,900
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$352,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2014
Sold by
Johnson Angela Marie
Bought by
Johnson Angela M and The Roger & Angela Johnson Family Trust

Purchase Details

Closed on
Jan 26, 2012
Sold by
Johnson Angela
Bought by
Johnson Angela Marie and Angela Marie Johnson Trust
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
Johnson Kevin $507,000 Midwest Ttl & Appraisal Svcs
Anthem & Batavia Properties Inc -- None Available
Anthem Properties Inc $470,000 Chicago Title
Johnson Angela M -- None Available
Johnson Angela Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kevin $405,000
Previous Owner Anthem Properties Inc $352,500
Previous Owner Johnson Angela M $84,316
Previous Owner Johnson Roger W $60,000
Previous Owner Johnson Roger W $350,000
Previous Owner Johnson Roger W $247,700
Previous Owner Johnson Roger W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $507,000 -3.4% --
10/18/2020 10/18/20 Pending -- -- --
09/21/2020 09/21/20 Price Changed $525,000 -2.4% --
08/03/2020 08/03/20 For Sale $537,900 +14.4% --
12/19/2016 12/19/16 Sold $470,000 -4.1% --
10/07/2016 10/07/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $489,900 -- --
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 $14,535 $183,837 $55,827 $128,010
2023 $14,317 $166,852 $50,669 $116,183
2022 $14,670 $168,001 $47,354 $120,647
2021 $15,251 $172,046 $44,911 $127,135
2020 $14,892 $168,739 $44,048 $124,691
2019 $14,679 $162,766 $42,489 $120,277
2018 $14,126 $156,566 $40,871 $115,695
2017 $14,465 $158,544 $39,523 $119,021
2016 $10,919 $134,667 $38,372 $96,295
2015 -- $123,045 $37,498 $85,547
2014 -- $119,172 $36,318 $82,854
2013 -- $116,846 $35,609 $81,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10804358

Midwest Real Estate Data (MRED)

APN: 12-22-326-003