NOT LISTED FOR SALE

Estimated Value: $447,000 - $580,591

4 Beds
3 Baths
2,601 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 29, 2014

Last sale price $198,000 $76 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,391/month

11 Days on Market

Highlights

  • 2 Car Detached Garage
  • Enclosed Patio or Porch
  • Forced Air Heating System

About This Home

As of October 2014

ATTENTION REHABBERS! Older 2 flat in need of updating. Extra wide lot. Hardwood floors in most rooms. 1st floor bath is already updated. 2 single car garages on rear of lot. Possible 3rd apartment in basement. Come check it out and bring your ideas! All disclosures are listed under the "Additional Information" tab.

Last Agent to Sell the Property

Brian Huffman

Fulton Grace Realty License #475129575 Listed on: 08/04/2014

Fulton Grace Realty

Last Buyer's Agent

Nury Ordonez

HomeSmart Connect LLC License #475145598

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,856

Lot Details

  • 4,704

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch
  • Lot Dimensions are 37.5' x 124.76

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,856

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • 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: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Refrigerator

Exterior Features

  • List Price: 209000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 37.5' X 124.76
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5856.17
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Oct 29, 2014
Sold by
Bogo Llc
Bought by
Velez Miguel A
Seller's Agent
Brian Huffman
Fulton Grace Realty
Buyer's Agent
Nury Ordonez
HomeSmart Connect LLC
List Price
$209,000
Sold Price
$198,000
Premium/Discount to List
-$11,000
-5.26%
Current Estimated Value
$503,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,398
Avg. Annual Appreciation
8.50%
Original Mortgage
$186,202
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2014
Sold by
County Of Cook
Bought by
Bogo Llc

Purchase Details

Closed on
Mar 21, 2006
Sold by
Steffens Lorraine M
Bought by
Steffens Lorraine M and Lorraine M Steffens Living Trust

Purchase Details

Closed on
Mar 11, 1998
Sold by
Steffens Clinton K and Steffens Lorraine M
Bought by
Steffens Lorraine
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
Velez Miguel A $198,000 Git
Bogo Llc -- None Available
Steffens Lorraine M -- None Available
Steffens Lorraine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Miguel A $173,400
Closed Velez Miguel A $186,202
Previous Owner Steffens Lorraine M $100,000
Previous Owner Steffens Lorraine $70,000
Previous Owner Steffens Lorraine M $62,000
Previous Owner Steffens Lorraine M $100,000
Previous Owner Steffens Lorraine $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2014 10/29/14 Sold $198,000 -5.3% $76 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $209,000 -- $80 / Sq Ft
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 $7,772 $53,000 $14,530 $38,470
2023 $7,555 $40,001 $11,718 $28,283
2022 $7,555 $40,001 $11,718 $28,283
2021 $7,402 $39,999 $11,717 $28,282
2020 $8,060 $39,136 $6,796 $32,340
2019 $8,708 $46,604 $6,796 $39,808
2018 $9,039 $49,021 $6,796 $42,225
2017 $6,444 $33,194 $6,093 $27,101
2016 $6,172 $33,194 $6,093 $27,101
2015 $5,625 $33,194 $6,093 $27,101
2014 $5,974 $32,058 $5,624 $26,434
2013 $5,856 $32,058 $5,624 $26,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08691987

Midwest Real Estate Data (MRED)

APN: 13-22-121-013-0000