NOT LISTED FOR SALE

439 1/2 W Pierce St Elburn, IL 60119

Estimated Value: $348,000 - $433,562

6 Beds
5 Baths
-- Sq Ft
0.29 Acres

Last Sold October 01, 2020

Last sale price $261,000

Est. 54% increase in value since last sale

Current estimated payment $2,529/month

259 Days on Market

Highlights

  • Deck
  • Property is adjacent to nature preserve
  • Shed
  • Property is near a forest
  • 2 Car Detached Garage

About This Home

As of October 2020

UNIQUE SPLIT LEVEL STYLE DUPLEX WITH 2.5 CAR GARAGE AND LARGE SHED. PROPERTY BACKS TO OPEN SPACE FOREST PRESERVES...TERRIFIC LOCATION! DECK OVERLOOKS SERENE MOTHER NATURE. WALK TO TRAIN AND DOWNTOWN ELBURN. OWNERS UNIT 3BR 2.5 BATH WITH HUGE KITCHEN AND FIREPLACE IN LR. NICE SIZE BEDROOMS TOO. ABUNDANT STORAGE. EACH UNIT HAS OWN LAUNDRY ROOM. RENT OUT LL 3BR 2 BATH TO HELP WITH THE MORTGAGE OR RENT EM' BOTH! ALL SITUATED ON A 13,000 SQ FT LOT.**NEED HELP WITH YOUR FIRST INVESTMENT PROPERTY? SELLER OFFERING $5,000 CLOSE COST CREDIT!

Last Agent to Sell the Property

Mike Dybas

RE/MAX Suburban Listed on: 11/07/2019

RE/MAX Suburban

Last Buyer's Agent

Donna Bode

@properties Christie's International Real Estate License #475181032

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,976

Year Built

  • Built in 1987

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 99 x 132
  • Property is adjacent to nature preserve

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Duplex
  • Bi-Level Home
  • Asphalt Roof
  • Radon Mitigation System

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • English Basement
  • Sump Pump

Outdoor Features

  • Deck
  • Shed

Additional Features

  • Property is near a forest
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $28,800
  • Net Operating Income $17,043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,976

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

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

Interior Features

  • Basement: English
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Other Equipment: Sump Pump, Radon Mitigation System
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 274500
  • Lot Features: Forest Preserve Adjacent, Nature Preserve Adjacent
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Other Expenses $: 11757

Schools

  • Middle/Junior School District: 302

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.29
  • Lot Dimensions: 99 X 132
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 17043
  • GrossIncome: 28800
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 7976
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Oct 1, 2020
Sold by
Martincich Patricia
Bought by
May Peter J
Seller's Agent
Mike Dybas
RE/MAX Suburban
Buyer's Agent
Donna Bode
@properties Christie's International Real Estate
List Price
$289,500
Sold Price
$261,000
Premium/Discount to List
-$28,500
-9.84%
Current Estimated Value
$402,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,391
Avg. Annual Appreciation
8.95%
Original Mortgage
$261,000
Outstanding Balance
$230,950
Interest Rate
2.62%
Mortgage Type
VA
Estimated Equity
$171,441

Purchase Details

Closed on
Dec 18, 2006
Sold by
Nash James D and Nash Linda J
Bought by
Martincich Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 10, 2002
Sold by
Curley John J and Curley Deborah J
Bought by
Nash James D and Nash Linda J
Source: Public Records

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
May Peter J $261,000 None Available
Martincich Patricia $300,000 Chicago Title Insurance Co
Nash James D $455,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Peter J $261,000
Previous Owner Martincich Patricia $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $261,000 -4.9% --
07/23/2020 07/23/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $274,500 -5.2% --
11/07/2019 11/07/19 For Sale $289,500 -- --
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 $12,803 $159,877 $14,674 $145,203
2023 -- $144,294 $13,244 $131,050
2022 $10,684 $119,523 $12,155 $107,368
2021 $10,684 $114,398 $11,634 $102,764
2020 $10,684 $111,716 $11,361 $100,355
2019 $10,021 $103,080 $11,194 $91,886
2018 $7,986 $80,360 $11,194 $69,166
2017 $7,984 $79,447 $11,067 $68,380
2016 $7,977 $77,052 $10,775 $66,277
2015 -- $69,281 $10,355 $58,926
2014 -- $66,403 $11,522 $54,881
2013 -- $66,403 $11,522 $54,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10568496

Midwest Real Estate Data (MRED)

APN: 11-06-205-019