NOT LISTED FOR SALE

Estimated Value: $342,000 - $387,000

5 Beds
2 Baths
1,219 Sq Ft
$297/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $313,000 $257 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,251/month

25 Days on Market

About This Home

As of June 2021

Solid brick two-unit building in prime location of Archer Heights. Exterior features newer roof, newer furnace, and newer water tank. New concrete side walkway. Fenced huge backyard with double door, two car garage. 1st floor has great size living room and two bedrooms. 1st floor unit also has an in-unit laundry area. Second floor unit has hardwood flooring throughout. Great size living room, dining room, and kitchen. Second floor unit also comes prepared with an in-unit laundry area. Huge bonus for the second floor unit comes together with a finished attic for additional living space. Gas and electric are paid by tenants. Property in good shape but sold "as is. Short distance to Orange Line, Archer, and Pulaski. Also close to schools, churches, and shopping.

Last Agent to Sell the Property

Alberto Avila

RE/MAX 10 License #475134051 Listed on: 04/12/2021

RE/MAX 10

Last Buyer's Agent

Lorena Verdin

Verdin Real Estate Group License #471010039

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 30x125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,544

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 326900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3544.45
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jun 9, 2021
Sold by
Correa Sergio and Correa Maria A
Bought by
Sanchez Andrea E
Seller's Agent
Alberto Avila
RE/MAX 10
Buyer's Agent
Lorena Verdin
Verdin Real Estate Group
List Price
$326,900
Sold Price
$313,000
Premium/Discount to List
-$13,900
-4.25%
Current Estimated Value
$362,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,520
Avg. Annual Appreciation
2.35%
Original Mortgage
$250,400
Outstanding Balance
$229,160
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$116,414

Purchase Details

Listed on
Apr 21, 2019
Closed on
Jun 11, 2019
Sold by
Ugalde Tomas and Ugalde Mercedes
Bought by
Correa Sergio and Correa Maria A
Seller's Agent
Jose Ortega
REMAX Legends
Buyer's Agent
Alberto Avila
RE/MAX 10
List Price
$209,900
Sold Price
$220,000
Premium/Discount to List
$10,100
4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.17%
Original Mortgage
$165,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2009
Sold by
Wells Fargo Bank Na
Bought by
Ugalde Tomas and Ugalde Mercedes

Purchase Details

Closed on
Oct 9, 2007
Sold by
Velazquez
Bought by
Wells Fargo Bank Na and Mlmi Trust Series 2006-Wmc1

Purchase Details

Closed on
Aug 14, 2003
Sold by
Miranda Daniel
Bought by
Velasquez Jose F and Velasquez Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,188
Interest Rate
6.44%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2002
Sold by
Zichmiller Diana R
Bought by
Miranda Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
6.3%

Purchase Details

Closed on
Sep 15, 1988
Sold by
Zichmiller Richard
Bought by
Zichmiller Diana R
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
Sanchez Andrea E $313,000 Attorney
Correa Sergio $220,000 Chicago Title Insurance Co
Ugalde Tomas $106,000 Ticor Title
Wells Fargo Bank Na -- None Available
Velasquez Jose F $249,000 Multiple
Miranda Daniel $199,000 --
Zichmiller Diana R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Andrea E $250,400
Previous Owner Correa Sergio $165,000
Previous Owner Ugalde Tomas $60,000
Previous Owner Velazquez Jose F $268,000
Previous Owner Velasquez Jose F $21,460
Previous Owner Velasquez Jose F $202,188
Previous Owner Miranda Daniel $179,100
Previous Owner Zichmiller Diana R $30,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $313,000 -4.3% $257 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $326,900 +48.6% $268 / Sq Ft
06/11/2019 06/11/19 Sold $220,000 +4.8% $180 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/21/2019 04/21/19 For Sale $209,900 -- $172 / 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 $4,031 $24,000 $3,024 $20,976
2023 $3,930 $19,000 $3,780 $15,220
2022 $3,930 $19,000 $3,780 $15,220
2021 $3,821 $19,000 $3,780 $15,220
2020 $3,498 $15,601 $3,780 $11,821
2019 $3,544 $17,530 $3,780 $13,750
2018 $3,485 $17,530 $3,780 $13,750
2017 $2,972 $13,714 $3,402 $10,312
2016 $2,765 $13,714 $3,402 $10,312
2015 $2,816 $15,257 $3,402 $11,855
2014 $2,647 $14,157 $3,213 $10,944
2013 $2,596 $14,157 $3,213 $10,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11050343

Midwest Real Estate Data (MRED)

APN: 19-10-212-032-0000