NOT LISTED FOR SALE

435 Park Dr Marengo, IL 60152

Estimated Value: $281,000 - $364,006

4 Beds
4 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold April 09, 2021

Last sale price $261,000

Est. 21% increase in value since last sale

Current estimated payment $2,077/month

6 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Heating Available

About This Home

As of April 2021

Attention Investors! Are you looking for Cash flow? You found it in this Great brick 4 unit. Every unit has been remodeled inside over the years. All 1 bedroom units. All electric and tenants pay. Landlord only pays water and garbage. This is turn key with good rental history too. Don't pass this one up. Current owner has done all the work for you.

Last Agent to Sell the Property

Ben Broughton

RE/MAX Connections II License #471018891 Listed on: 03/10/2021

RE/MAX Connections II

Last Buyer's Agent

Timothy Sebastian

RE/MAX Connections II License #471018930

RE/MAX Connections II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,032

Year Renovated

  • 2014

Lot Details

  • 10,454

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Parking

  • Parking Available
  • Parking Space is Owned
  • Assigned Parking

Additional Features

  • Patio
  • Heating Available

Community Details

  • Net Operating Income $21,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,032

Year Renovated

2014

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Rehab Year: 2014
  • Total Full or Half Bathrooms: 4
  • Style Of House: Ranch
  • Zoning Type: MULTI
  • Estimated Year Built: U
  • Type Multi: 1 Story Unit/s
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Number Of Rooms: 12
  • Basement: Slab
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.24

Garage/Parking

  • Number of Cars: 8
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 8
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric
  • Water Expense: 2800

Fee Information

  • Scavenger Fee: 780

Schools

  • Junior High Dist: 165

Lot Info

  • Lot Dimensions: 79X134
  • Parcel Identification Number: 1135328003

Rental Info

  • Gross Rental Income: 29700
  • Total Rental Income: 29700

Multi Family

  • Total Number Unitsin Building: 4
  • Full Baths In Building: 4
  • Net Operating Income: 21472

Tax Info

  • Taxes: 4647.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Apr 2, 2021
Sold by
Walter Andrew and Walter Carie
Bought by
Garcia Flores Felix and Garcia Abraham
Seller's Agent
Ben Broughton
RE/MAX Connections II
Buyer's Agent
Timothy Sebastian
RE/MAX Connections II
List Price
$270,000
Sold Price
$261,000
Premium/Discount to List
-$9,000
-3.33%
Current Estimated Value
$315,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,252
Avg. Annual Appreciation
4.24%

Purchase Details

Closed on
Nov 22, 2005
Sold by
Ferraro Mark and Ferraro Antonia
Bought by
Walter Andrew and Walter Carie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 29, 2003
Sold by
Home State Bank Na
Bought by
Ferraro Mark and Ferraro Antonia
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
Garcia Flores Felix $261,000 None Available
Walter Andrew $267,000 Nlt Title Llc
Ferraro Mark -- Nlt Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walter Andrew $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $261,000 -3.3% --
03/16/2021 03/16/21 Pending -- -- --
03/10/2021 03/10/21 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 $5,032 $66,306 $19,537 $46,769
2023 $4,943 $58,450 $17,222 $41,228
2022 $4,741 $52,857 $15,574 $37,283
2021 $4,438 $48,161 $14,190 $33,971
2020 $4,377 $45,833 $13,504 $32,329
2019 $4,647 $43,427 $12,795 $30,632
2018 $4,335 $40,677 $11,985 $28,692
2017 $4,214 $38,531 $11,353 $27,178
2016 $4,100 $36,000 $10,607 $25,393
2013 -- $51,881 $10,377 $41,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11016518

Midwest Real Estate Data (MRED)

APN: 11-35-328-003