NOT LISTED FOR SALE

Estimated Value: $543,558

7 Beds
4 Baths
-- Sq Ft
0.38 Acres

Last Sold October 07, 2013

Last sale price $334,500

Est. 62% increase in value since last sale

Current estimated payment $3,590/month

14 Days on Market

Highlights

  • 2 Car Detached Garage
  • Water Softener is Owned
  • Heating System Uses Steam
  • Chelsea Intermediate School Rated A
  • Baseboard Heating

About This Home

As of October 2013

Rare opportunity to own a Frankfort 4 unit building. Includes a 24 x 24, 2 car detached garage with a 12 x 12 covered porch in fenced yard. Owner lives in unit 4 which is updated. Laundry room has coin operated washer and dryer. Garage is currently being used by the owner, can be rented for additional income. Gross expense amount does not incl repairs or any management.

Last Agent to Sell the Property

Mary Dolan

HomeSmart Realty Group License #475070304 Listed on: 08/13/2013

HomeSmart Realty Group

Last Buyer's Agent

James Murphy

Murphy Real Estate Group License #471006516

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,703

Lot Details

  • 0.38 Acre Lot

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Lincoln-Way East High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • 4 Units
  • Connecticut Hills Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,703

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: CONNECTICUT HILLS
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: Water-Softener Owned, TV-Cable
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • Room: 4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 359900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned
  • ParkingTotal: 10
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Public

Fee Information

  • Other Expenses $: 6720

Schools

  • High School: LINCOLN-WAY EAST HIGH SCHOOL
  • Middle/Junior School District: 157C

Lot Info

  • Lot Size Acres: 0.38
  • Lot Dimensions: 16571 SQ FT
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10703
  • Tax Year: 2011
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
460 Lincoln Lane Llc
Bought by
Goggin Dennis
Current Estimated Value
$543,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Outstanding Balance
$388,025
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$134,548

Purchase Details

Listed on
Aug 13, 2013
Closed on
Sep 26, 2013
Sold by
Cooper Richard T and Cooper Wanda J
Bought by
460 Lincoln Lane Llc
Seller's Agent
Mary Dolan
HomeSmart Realty Group
Buyer's Agent
James Murphy
Murphy Real Estate Group
List Price
$359,900
Sold Price
$334,500
Premium/Discount to List
-$25,400
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$160,000
Interest Rate
4.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 1998
Sold by
Cooper Richard T and Cooper Wanda J
Bought by
Burk Laura and Cooper Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.62%
Mortgage Type
Commercial
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
Goggin Dennis -- Citywide Title
460 Lincoln Lane Llc $334,500 Millennium Title Group Ltd
Burk Laura -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goggin Dennis $393,750
Previous Owner 460 Lincoin Lane Llc $195,008
Previous Owner 460 Lincoln Lane Llc $50,000
Previous Owner 460 Lincoln Lane Llc $0
Previous Owner 460 Lincoln Lane Llc $161,846
Previous Owner 460 Lincoln Lane Llc $30,000
Previous Owner 460 Lincoln Lane Llc $160,000
Previous Owner Cooper Wanda J $187,500
Previous Owner Cooper Richard $62,378
Previous Owner Cooper Richard $195,000
Previous Owner Cooper Wanda $45,871
Previous Owner Cooper Richard T $195,000
Previous Owner Cooper Richard T $164,500
Previous Owner Burk Laura $129,200
Previous Owner Burk Laura $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2013 10/07/13 Sold $334,500 -7.1% --
08/27/2013 08/27/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $359,900 -- --
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 $8,329 $105,130 $18,817 $86,313
2023 $8,329 $105,130 $18,817 $86,313
2022 $8,922 $105,130 $18,817 $86,313
2021 $9,022 $105,130 $18,817 $86,313
2020 $9,067 $105,130 $18,817 $86,313
2019 $9,030 $105,130 $18,817 $86,313
2018 $9,147 $105,130 $18,817 $86,313
2017 $9,372 $105,130 $18,817 $86,313
2016 $9,496 $105,130 $18,817 $86,313
2015 $10,277 $105,130 $18,817 $86,313
2014 $10,277 $111,500 $18,762 $92,738
2013 $10,277 $138,375 $37,602 $100,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08419950

Midwest Real Estate Data (MRED)

APN: 19-09-21-118-018