$151,550
SOLD FEB 14, 2014
4 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Recently Sold

52% Above List Price

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Two Heating Systems
  • 5-minute walk to Dickinson (Arthur) Park
  • Porch

About This Home

As of March 2015

Not for the faint of heart. You're going to earn your equity here, but what a deal. Frame two flat in hot Portage Park. Needs rehab. Tremendous potential & room to easily duplex attic. Estate sale. Sold As-Is. No survey, or termite. 100% tax pro. Buyer pays for inspections, termite, resp for any City items. 10% EM on cash deals. Proof of funds or pre app w/ all offers. No personal prop included. Cash deals only.

Last Agent to Sell the Property

Paul Stepanovich

Town Center Properties License #471010571 Listed on: 11/13/2013

Last Buyer's Agent

Leo Macias

Chicagoland Brokers, Inc. License #475138153

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,602

Year Built

  • Built in 1913

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,602

Year Built

Built in 1913

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: 1913
  • Age: 91-100 Years
  • 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: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 99999
  • Waterfront: No
  • Exterior Building Type: Frame

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, Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5602.13
  • Tax Year: 2011

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
Dec 1, 2014
Closed on
Mar 31, 2015
Sold by
Trujillo Nicolas and Trujillo Dolores
Bought by
Gregory Robert
Seller's Agent
Leo Macias
Chicagoland Brokers, Inc.
Buyer's Agent
Chris Dreier
RE/MAX 10 Lincoln Park
List Price
$465,500
Sold Price
$430,000
Premium/Discount to List
-$35,500
-7.63%
Current Estimated Value
$674,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,076
Avg. Annual Appreciation
4.02%
Original Mortgage
$344,000
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 13, 2013
Closed on
Dec 20, 2013
Sold by
Chicago Title Land Trust Company
Bought by
Trujillo Nicolas
Seller's Agent
Paul Stepanovich
Town Center Properties
Buyer's Agent
Leo Macias
Chicagoland Brokers, Inc.
List Price
$99,999
Sold Price
$151,550
Premium/Discount to List
$51,551
51.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
153.74%

Purchase Details

Closed on
Aug 2, 2008
Sold by
Modaressi Moshen G
Bought by
Chicago Title Land Trust Co and Trust #8002351462
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $430,000 Heritage Title Company
Deed $152,000 Cti
Warranty Deed -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $322,800 New Conventional
Closed $344,000 FHA
Closed $43,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $430,000 -3.5% $148 / Sq Ft
02/22/2015 02/22/15 Pending -- -- --
01/15/2015 01/15/15 Price Changed $445,500 -4.3% $154 / Sq Ft
12/01/2014 12/01/14 For Sale $465,500 +207.2% $161 / Sq Ft
02/14/2014 02/14/14 Sold $151,550 +51.6% --
11/17/2013 11/17/13 Pending -- -- --
11/17/2013 11/17/13 For Sale $99,999 -34.0% --
11/17/2013 11/17/13 Off Market $151,550 -- --
11/13/2013 11/13/13 For Sale $99,999 -- --
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 $8,362 $65,000 $12,915 $52,085
2023 $8,152 $39,610 $10,332 $29,278
2022 $8,152 $39,610 $10,332 $29,278
2021 $9,636 $47,888 $10,332 $37,556
2020 $6,623 $29,715 $4,612 $25,103
2019 $6,866 $34,156 $4,612 $29,544
2018 $6,751 $34,156 $4,612 $29,544
2017 $7,505 $34,845 $4,059 $30,786
2016 $6,983 $34,845 $4,059 $30,786
2015 $6,389 $34,845 $4,059 $30,786
2014 $5,036 $27,124 $3,690 $23,434
2013 $4,937 $27,124 $3,690 $23,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08488707

Midwest Real Estate Data (MRED)

APN: 13-21-205-039-0000