NOT LISTED FOR SALE

Estimated Value: $325,000 - $389,000

14 Beds
21 Baths
-- Sq Ft
9,191 Sq Ft Lot

Last Sold August 09, 2024

Last sale price $351,349

Est. 2% increase in value since last sale

Current estimated payment $2,405/month

5 Days on Market

About This Home

As of August 2024

The Color of Money...if net spendable income is important, you'll want to see and buy this 6-unit building that seldom has a vacancy...It's fully rented with mostly long-term tenants who love where they live and it shows...very well kept units and building...new roof and rebuilt chimneys in 2018...updated vinyl windows throughout...recently rebuilt balcony and front porch...freshly painted exterior too...building consist of 3 One Bedroom units & 3 studio apartments...ample off street parking in back and side driveway...Easy Money...just collect the rents...low maintenance building in a great rental area...full unfinished basement...ideal place for coin operated washers and dryers for extra cash flow...The bottom line is profit...A wealth builder for the right investor...come take a look today.

Last Agent to Sell the Property

Peter Dominguez

Century 21 Circle - Aurora Listed on: 07/10/2024

Century 21 Circle - Aurora

Last Buyer's Agent

Fernando Barrera

CM REALTORS® License #475193388

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,804

Year Built

  • Built in 1900

Lot Details

  • 9,191

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 21 Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System

Additional Features

  • 3-Story Property
  • Lot Dimensions are 59.25x155
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,440
  • Fuel Expense $4,080
  • Insurance Expense $4,317
  • Trash Expense $1,248
  • Water Sewer Expense $1,500
  • Gross Income $50,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,804

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1900
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 21
  • Total Bedrooms: 14
  • Basement Description: Unfinished
  • Refrigerators: 6
  • Ranges: 6
  • Room: 1
  • Room: 2
  • Room: 0

Exterior Features

  • Construction Materials: Wood Frame, Other
  • List Price: 375000
  • Roof: Composition
  • Exterior Building Type: Aluminum Siding,Frame

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: None
  • Heat/Ventilation: Hot Water

Fee Information

  • Trash Expense: 1248
  • Water Sewer Expenses: 1500
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 59.25X155
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 5

Multi Family

  • Fuel Expense: 4080
  • Insurance Expense: 4317
  • ElectricExpense: 1440
  • GrossIncome: 50640
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 5804.42
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Jul 26, 2024
Sold by
Petterson Rodney R
Bought by
Barrera Properties Llc
Seller's Agent
Peter Dominguez
Century 21 Circle - Aurora
Buyer's Agent
Fernando Barrera
CM REALTORS®
List Price
$375,000
Sold Price
$351,349
Premium/Discount to List
-$23,651
-6.31%
Views
26
Current Estimated Value
$358,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,171
Avg. Annual Appreciation
1.76%

Purchase Details

Closed on
Jul 17, 2009
Sold by
Petterson Robert M
Bought by
Petterson Robert M and Petterson Rodney R

Purchase Details

Closed on
Sep 29, 1999
Sold by
Petterson Robert M and Petterson Nancy L
Bought by
Petterson Nancy L and Petterson Robert M
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
Barrera Properties Llc $351,500 Chicago Title
Petterson Robert M -- None Available
Petterson Nancy L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $351,349 -6.3% --
07/17/2024 07/17/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $375,000 -- --
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 $5,959 $86,931 $6,856 $80,075
2023 $5,804 $77,673 $6,126 $71,547
2022 $5,385 $70,869 $5,589 $65,280
2021 $5,326 $65,979 $5,203 $60,776
2020 $5,097 $61,285 $4,833 $56,452
2019 $5,003 $56,782 $4,478 $52,304
2018 $5,026 $55,191 $4,142 $51,049
2017 $4,987 $50,850 $3,816 $47,034
2016 $4,562 $43,353 $3,271 $40,082
2015 -- $37,539 $2,813 $34,726
2014 -- $34,647 $2,585 $32,062
2013 -- $44,741 $2,600 $42,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12107658

Midwest Real Estate Data (MRED)

APN: 15-27-152-028