NOT LISTED FOR SALE

Estimated Value: $263,432 - $368,000

5 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold November 01, 2021

Last sale price $145,000

Est. 109% increase in value since last sale

Current estimated payment $2,334/month

12 Days on Market

Highlights

  • Property is near a park
  • Corner Lot
  • Heating System Uses Steam
  • Traditional Architecture
  • 3 Car Detached Garage

About This Home

As of November 2021

BOTH UNITS HAVE LONG TERM TENANTS THUS THE REASON FOR LOW RENTS - CURRENT OWNER WAS HAPPY TO HAVE LONG TERM TENANTS OVER RECEIVING TOP DOLLAR RENTS! TWO BEDROOM UNIT ON MAIN FLOOR AND THREE BEDROOM UNIT ON SECOND FLOOR. OVERSIZED THREE CAR GARAGE, FENCED REAR YARD, BASEMENT. OWNER PAYS WATER, GAS BILL IS SPLIT BETWEEN TENANTS EQUALLY AND TENANTS PAY THEIR OWN ELECTRIC BILL.

Last Agent to Sell the Property

Jim Karges

Karges Realty License #471003654 Listed on: 09/03/2021

Last Buyer's Agent

Maria Huerta

Triple A Real Estate, LLC. License #471018837

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,896

Year Built

  • Built in 1906

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48x135
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Property is near a park

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,719
  • Water Sewer Expense $2,300
  • Gross Income $19,620
  • Net Operating Income $8,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,896

Year Built

Built in 1906

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Stone
  • List Price: 149900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 2300

Schools

  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 48X135
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 8700
  • Insurance Expense: 1719
  • GrossIncome: 19620
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6896.42
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 22, 2021
Sold by
Ppinnacle Property Management Llc
Bought by
Ramirez Mario M
Seller's Agent
Jim Karges
Karges Realty
Buyer's Agent
Maria Huerta
Triple A Real Estate, LLC.
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Current Estimated Value
$303,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,108
Avg. Annual Appreciation
20.99%
Original Mortgage
$108,750
Outstanding Balance
$100,661
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$202,447

Purchase Details

Closed on
Jan 22, 2021
Sold by
Pinnacle Property Management Llc
Bought by
Ramirez Mario M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2014
Sold by
Halweg Gerald and Halweg Debra
Bought by
Pinnacle Property Management Llc

Purchase Details

Closed on
Jul 18, 2012
Sold by
Pinnacle Management Llc
Bought by
Halweg Gerald and Halwaeg Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,960
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2004
Sold by
Halweg Gerald and Halweg Debra
Bought by
Pinnacle Property Management Llc

Purchase Details

Closed on
Sep 30, 2002
Sold by
Miller Frank
Bought by
Halweg Gerald E and Halweg Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 1994
Sold by
Malito Jeanne F and Turner Jeanne F
Bought by
Miller Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,150
Interest Rate
8.91%
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
Ramirez Mario M $145,000 Fidelity National Title Ins
Ramirez Mario M $145,000 New Title Company Name
Pinnacle Property Management Llc -- None Available
Halweg Gerald -- Citywide Title Corporation
Pinnacle Property Management Llc -- --
Halweg Gerald E $158,000 --
Miller Frank $106,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Mario M $108,750
Previous Owner Ramirez Mario M $108,750
Previous Owner Halweg Gerald $111,960
Previous Owner Halweg Gerald E $126,000
Previous Owner Halweg Gerald E $126,400
Previous Owner Miller Frank $101,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $145,000 -3.3% --
09/16/2021 09/16/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $149,900 -- --
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 $8,630 $103,040 $17,245 $85,795
2023 $8,630 $91,550 $15,322 $76,228
2022 $7,648 $82,813 $13,860 $68,953
2021 $7,269 $77,345 $12,945 $64,400
2020 $6,896 $73,452 $12,293 $61,159
2019 $6,560 $68,264 $11,425 $56,839
2018 $6,285 $63,079 $10,557 $52,522
2017 $5,924 $57,350 $9,598 $47,752
2016 $5,674 $52,792 $8,799 $43,993
2015 $5,469 $49,500 $8,250 $41,250
2014 $5,469 $49,250 $8,200 $41,050
2013 $5,469 $52,367 $9,137 $43,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11209075

Midwest Real Estate Data (MRED)

APN: 30-07-08-220-025