NOT LISTED FOR SALE

Estimated Value: $167,000 - $219,760

5 Beds
3 Baths
2,440 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $132,000 $54 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,477/month

19 Days on Market

Highlights

  • Medical Services
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1.07 Acre Lot
  • Park
  • Laundry Facilities

About This Home

As of June 2019

This is a fantastic income opportunity with 3 units. This building includes 2 units with 2 bedrooms/1 bath each & 1 unit with 1 bed/1 bath. Gross potential annual rents of $21,300 at current rates. Tenants pay most utilities & all utilities are separately metered for each unit. Owner pays lawn care ($50/month), snow plowing ($300/season), and water/sewer (avg $100/month). Annual insurance is $741 and tax is $1727. This is a solid investment & the building has some great updates and well-maintained units. Garage is used by owner for storage purposes, but would also make a great workshop or could be used to generate additional income. Other features to note include the acre lot, newer roof & vinyl siding, new carpet (may '19) in unit A, newer carpet in unit B, paved driveway, passed recent city rental inspections, and more! Set up a showing to see everything this fantastic income producer has to offer!

Last Agent to Sell the Property

Shawni Marich

Platinum Real Estate License #2016001879 Listed on: 05/01/2019

Last Buyer's Agent

Kris Keyes

Deleted Agent License #2003020501

Deleted Agent

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1880

Lot Details

  • 1.07 Acre Lot
  • South Facing Home

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 200190001500

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Laundry Facilities

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,727

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: South
  • Price Per Square Foot: 54.10
  • Estimated Price per Sq Ft: 54.10
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2440
  • Year Built: 1880
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Appliances Equipment: Wall Oven, Range, Refrigerator
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 2440.00
  • Sq Ft Approx Total Finished: 2440.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Electric
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Laundromat, Medical Service, Park

Fee Information

  • Op Expenses: 5333.00

Schools

  • School District: Geneva Area CSD
  • School District: Geneva Area CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 1.0700
  • Parcel Number: 200190001500

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating, Trash Collection

Multi Family

  • Unit Count: 3
  • Gross Income: 21300.00
  • Net Income: 15967.00
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2021
Sold by
Delgrosso Malissa D
Bought by
Maldio Properties Llc
Total Days on Market
19
Current Estimated Value
$198,190

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 21, 2019
Sold by
Salviano Matthew M and Salviano Leslie A
Bought by
Delgrosso Malissa D
Seller's Agent
Shawni Marich
Platinum Real Estate
Buyer's Agent
Kris Keyes
Deleted Agent
List Price
$140,000
Sold Price
$132,000
Premium/Discount to List
-$8,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$99,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2016
Closed on
Jul 18, 2016
Sold by
Siebeneck Terri and Siebeneck Ronald C
Bought by
Salviano Matthew M and Salviano Leslie A
Seller's Agent
GEOFF FREEMAN
Coldwell Banker Schmidt Realty
Buyer's Agent
GEOFF FREEMAN
Coldwell Banker Schmidt Realty
List Price
$75,900
Sold Price
$48,500
Premium/Discount to List
-$27,400
-36.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.74%

Purchase Details

Closed on
Dec 13, 2004
Sold by
Siebeneck Ronald C
Bought by
Siebeneck Terri

Purchase Details

Closed on
Feb 13, 2003
Sold by
Moore Daniel W
Bought by
Siebeneck Ronald C and Siebeneck Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6%
Mortgage Type
Unknown
Source: Public Records

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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
Maldio Properties Llc -- Emerald Glen Title Agency
Delgrosso Malissa D $132,000 Venture Title
Salviano Matthew M $48,500 Chicago Title Agency
Siebeneck Terri -- --
Siebeneck Ronald C $80,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgrosso Malissa D $99,000
Previous Owner Siebeneck Ronald $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $132,000 -5.7% $54 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $140,000 +188.7% $57 / Sq Ft
07/19/2016 07/19/16 Sold $48,500 -36.1% $21 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $75,900 -- $33 / Sq Ft
Source: MLS Now

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 $4,384 $51,980 $9,450 $42,530
2023 $2,566 $51,980 $9,450 $42,530
2022 $2,138 $42,700 $7,280 $35,420
2021 $2,286 $42,700 $7,280 $35,420
2020 $2,240 $42,700 $7,280 $35,420
2019 $1,962 $36,230 $6,830 $29,400
2018 $1,727 $36,230 $6,830 $29,400
2017 $1,639 $36,230 $6,830 $29,400
2016 $1,566 $31,610 $5,950 $25,660
2015 $1,559 $31,650 $5,990 $25,660
2014 $1,498 $31,650 $5,990 $25,660
2013 $2,522 $24,920 $5,320 $19,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4091493

MLS Now

APN: 200190001500