NOT LISTED FOR SALE

Estimated Value: $608,000 - $783,000

7 Beds
6 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold November 15, 2019

Last sale price $495,000

Est. 40% increase in value since last sale

Current estimated payment $5,179/month

5 Days on Market

Highlights

  • Landscaped Professionally
  • Wooded Lot
  • 3 Car Attached Garage
  • Davis Primary School Rated A-
  • Balcony
  • Patio

About This Home

As of November 2019

BUY TODAY AND PROFIT TOMORROW WITH THIS 3 UNIT BUILDING IN-TOWN ST. CHARLES! Maybe live in one unit & rent out the others? All units are updated with granite, newer roof & paint plus leased until 7/20. A landlord's dream no vacancies. This property has been impeccably maintained. An opportunity for the smart buyer to invest in the future. Don't miss this great investment property!

Last Listed By

Ginny Sylvester

Berkshire Hathaway HomeServices Starck Real Estate License #471018013 Listed on: 09/28/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,554

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 66 x 132
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 6 Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Balcony
  • Patio

Schools

  • Davis Elementary School
  • Thompson Middle School
  • St Charles East High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • 3 Units
  • 3 Unit

Building Details

  • Insurance Expense $2,155
  • Water Sewer Expense $1,800
  • Gross Income $58,500
  • Net Operating Income $40,191

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,554

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Wood,Garage/Space

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 499500
  • Lot Features: Landscaped, Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1800
  • Other Expenses $: 12554

Schools

  • Elementary School: Davis Elementary School
  • High School: St Charles East High School
  • Middle/Junior School: Thompson Middle School
  • Middle/Junior School District: 303
  • Elementary School #2: Richmond Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66 X 132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 40191
  • Insurance Expense: 2155
  • GrossIncome: 58500
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 12554.04
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Porter Michael Scott and Porter Tiffany J
Bought by
Porter Properties Inc
Total Days on Market
5
Current Estimated Value
$693,473

Purchase Details

Closed on
Apr 19, 2021
Sold by
Porter Properties Llc
Bought by
Porter Michale Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,570
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2019
Closed on
Nov 7, 2019
Sold by
Hendershott Michael L and Kaam Realty Management Llc
Bought by
Porter Tiffany J and Porter Michael Suitt
Seller's Agent
Ginny Sylvester
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Jeffrey M Jordan
RE/MAX All Pro - St Charles
List Price
$499,500
Sold Price
$495,000
Premium/Discount to List
-$4,500
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$478,479
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
May 20, 2012
Closed on
Sep 8, 2012
Sold by
Hendershott Michael and Hendershott Kathy
Bought by
4Th Street Owner Llc
Seller's Agent
Wayne Reuter
RE/MAX Excels
Buyer's Agent
Ginny Sylvester
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$499,000
Sold Price
$445,000
Premium/Discount to List
-$54,000
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$311,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2012
Closed on
Sep 7, 2012
Sold by
Reuter Properties Llc
Bought by
Hendershott Michael and Hendershott Kathy
Seller's Agent
Wayne Reuter
RE/MAX Excels
Buyer's Agent
Ginny Sylvester
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$499,000
Sold Price
$445,000
Premium/Discount to List
-$54,000
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2002
Sold by
Reuter Wayne C and Reuter Teresa L
Bought by
Reuter Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2001
Sold by
Oswego Community Bank
Bought by
Reuter Wayne C and Reuter Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,800
Interest Rate
7.18%

Purchase Details

Closed on
Mar 28, 1996
Sold by
Tomich Paul J and Tomich Lynne Marie
Bought by
Tomich Lynne Marie

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
Porter Properties Inc -- None Listed On Document
Porter Michale Scott -- National Title Solutions Inc
Porter Tiffany J $495,000 None Available
4Th Street Owner Llc -- Chicago Title Insurance Comp
Hendershott Michael $445,000 Chicago Title Insurance Comp
Reuter Properties Llc -- Chicago Title Insurance Co
Reuter Wayne C $350,000 Chicago Title Insurance Co
Tomich Lynne Marie -- Premier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Properties Llc $115,000
Previous Owner Porter Michale Scott $327,570
Previous Owner Porter Tiffany J $476,723
Previous Owner Porter Tiffany J $478,479
Previous Owner Hendershott Michael $311,500
Previous Owner Reuter Wayne $272,000
Previous Owner Reuter Wayne C $276,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $495,000 -0.9% --
10/03/2019 10/03/19 Pending -- -- --
09/28/2019 09/28/19 For Sale $499,500 +12.2% --
09/07/2012 09/07/12 Sold $445,000 -10.8% --
07/25/2012 07/25/12 Pending -- -- --
05/20/2012 05/20/12 For Sale $499,000 -- --
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
2023 $15,568 $194,522 $49,363 $145,159
2022 $14,734 $182,477 $48,211 $134,266
2021 $14,186 $173,937 $45,955 $127,982
2020 $14,048 $170,694 $45,098 $125,596
2019 $13,809 $167,314 $44,205 $123,109
2018 $12,554 $151,353 $42,523 $108,830
2017 $12,248 $146,178 $41,069 $105,109
2016 $12,312 $134,767 $39,627 $95,140
2015 -- $128,463 $39,200 $89,263
2014 -- $128,489 $39,200 $89,289
2013 -- $131,788 $39,592 $92,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10532076

Midwest Real Estate Data (MRED)

APN: 09-34-154-012