NOT LISTED FOR SALE

Estimated Value: $541,995 - $786,000

6 Beds
2 Baths
2,376 Sq Ft
$271/Sq Ft Est. Value

Last Sold December 17, 2013

Last sale price $52,000 $22 Per Sq Ft

Est. 1,136% increase in value since last sale

Current estimated payment $3,882/month

71 Days on Market

About This Home

As of December 2013

A terrific rehab opportunity for owner-occupant or investor to own a 2-flat in Great Bronzeville location. Property is being sold as a package deal with adjacent lot PIN #20034070250000. Sold "As-Is"! "Cash only". Bring a serious offer.

Last Agent to Sell the Property

Sheila Anderson

Coldwell Banker Residential License #475126280 Listed on: 09/08/2013

Co-Listed By

Miguel Nogueras

Redfin Corporation License #475144506

Last Buyer's Agent

Jason O'Beirne

Jameson Sotheby's Intl Realty License #475145213

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1884

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 23x118

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,770

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1884
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan, Public

Fee Information

  • Other Expenses $: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 23X118
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2769.62
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2018
Sold by
Foto Salvatore and Phillips Ginger R
Bought by
Foto Salvatore and Phillips Ginger R
Current Estimated Value
$642,749

Purchase Details

Closed on
Mar 1, 2016
Sold by
Evolution Home Builders Llc
Bought by
Foto Salvatore and Phillips Ginger R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$253,477
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$389,272

Purchase Details

Listed on
Sep 8, 2013
Closed on
Dec 6, 2013
Sold by
Townsend Eric S and Holmes Clement
Bought by
Evolution Home Builders Llc
Seller's Agent
Sheila Anderson
Coldwell Banker Residential
Buyer's Agent
Jason O'Beirne
Jameson Sotheby's Intl Realty
List Price
$54,900
Sold Price
$52,000
Premium/Discount to List
-$2,900
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.06%
Original Mortgage
$1,500,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 14, 2012
Sold by
Sangster Francine
Bought by
Holmes Clement and Townsend Eric S

Purchase Details

Closed on
Oct 10, 2011
Sold by
Chicago Title Land Trust Company
Bought by
John Garber Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,188,725
Interest Rate
3.25%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Foto Salvatore -- North American Title
Foto Salvatore $370,000 First American Title
Evolution Home Builders Llc $52,000 None Available
Holmes Clement -- Attorneys Natl Title Guarant
John Garber Homes Inc $512,500 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foto Salvatore $320,000
Previous Owner Evolution Home Builders Llc $1,500,000
Previous Owner John Garber Homes Inc $1,188,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2013 12/17/13 Sold $52,000 -5.3% $22 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
11/01/2013 11/01/13 Price Changed $54,900 0.0% $23 / Sq Ft
11/01/2013 11/01/13 For Sale $54,900 +5.6% $23 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
10/17/2013 10/17/13 Off Market $52,000 -- --
09/20/2013 09/20/13 Pending -- -- --
09/08/2013 09/08/13 For Sale $64,900 -- $27 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $6,495 $57,000 $10,325 $46,675
2024 $6,495 $57,000 $10,325 $46,675
2023 $6,309 $34,000 $10,325 $23,675
2022 $6,309 $34,000 $10,325 $23,675
2021 $6,186 $34,000 $10,325 $23,675
2020 $6,755 $33,423 $5,015 $28,408
2019 $7,327 $39,898 $5,015 $34,883
2018 $7,203 $39,898 $5,015 $34,883
2017 $6,789 $34,914 $4,130 $30,784
2016 $7,200 $35,946 $4,130 $31,816
2015 $3,713 $20,260 $4,130 $16,130
2014 $3,130 $16,868 $3,540 $13,328
2013 $3,068 $16,868 $3,540 $13,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08439685

Midwest Real Estate Data (MRED)

APN: 20-03-407-024-0000