NOT LISTED FOR SALE

Estimated Value: $2,429,590

11 Beds
3 Baths
5,732 Sq Ft
$424/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2020

Last sale price $1,835,000 $320 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $15,058 / mo

5 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Porch
  • Wood Flooring
  • Balcony
  • Patio

About This Home

As of January 2020

Large 3-unit multi-family building located in the highly sought after Ward Two neighborhood. Built in 1910, this property consists of two (2) 4-bed, 1-bath apartments over a single 3-bed, 1-bath unit that has the capability to be transitioned into a third 4-bedroom apartment. All units are 1,242 square feet featuring open eat-in kitchens and white appliances, large bedrooms with ample closet space, open layouts and hardwood floors throughout. All units are separately metered for gas steam-heat and electricity that the tenants are responsible for paying. Additional amenities include front and back balconies for each unit along with large, double-lot fenced in private front and back yards and off-street parking for 6+ cars, which is unlike any other property in the area. The units each have their own laundry as well. Owner occupied building with significant upside to increase rents to market rate and rent additional apartment. Across the street from the new Lincoln Park.

Last Agent to Sell the Property

Matthew Pierce

Marcus & Millichap Real Estate Investment Services Listed on: 11/12/2019

Last Buyer's Agent

Matthew Pierce

Marcus & Millichap Real Estate Investment Services Listed on: 11/12/2019

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • Fenced Yard
  • Garden

Flooring

  • Wood Flooring

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Insc: 2000
  • Year Built Description: Actual
  • List Price Per Sq Ft: 313.15
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Ife Common: Storage
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 6
  • No Bedrooms: 11
  • Total Brs: 11
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 23
  • Basement: Y
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Main Lo: AN1252
  • Main So: AN1252
  • Estimated Sq Ft: 5732.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch, Deck, Patio, Balcony, Storage Shed, Fenced Yard, Garden Area
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station, University

Lot Info

  • Assessments: 1309000.00
  • Acre: 0.19
  • Lot Size: 8276.00
  • Page: 20
  • Zoning: RB
  • Lot Description: Corner, Paved Drive, Fenced/Enclosed

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 5800
  • Total Rms: 21
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 14085.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Dec 30, 2019
Sold by
Bought by
Seller's Agent
Matthew Pierce
Marcus & Millichap Real Estate Investment Services
Buyer's Agent
Matthew Pierce
Marcus & Millichap Real Estate Investment Services
List Price
$1,795,000
Sold Price
$1,835,000
Premium/Discount to List
$40,000
2.23%
Current Estimated Value
$2,429,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,590
Avg. Annual Appreciation
4.36%

Purchase Details

Closed on
Aug 3, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,835,000 None Available
$829,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $645,300
Closed $556,000
Closed $145,000
Previous Owner $556,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/06/2020 01/06/20 Sold $1,835,000 +2.2% $320 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
11/12/2019 11/12/19 For Sale $1,795,000 -- $313 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,465 $1,875,800 $850,500 $1,025,300
2024 $19,261 $1,830,900 $850,500 $980,400
2023 $19,292 $1,865,800 $850,500 $1,015,300
2022 $18,383 $1,805,800 $810,000 $995,800
2021 $15,747 $1,545,300 $771,400 $773,900
2020 $15,292 $1,515,600 $741,700 $773,900
2019 $14,085 $1,309,000 $629,800 $679,200
2018 $12,121 $1,071,700 $572,600 $499,100
2017 $11,582 $992,500 $518,600 $473,900
2016 $11,531 $920,300 $509,600 $410,700
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72591796

MLS Property Information Network (MLS PIN)

APN: SOME-000065-A000000-000073

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