NOT LISTED FOR SALE

Estimated Value: $246,000 - $259,052

4 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold September 21, 2018

Last sale price $163,000

Est. 55% increase in value since last sale

Current estimated payment $1,752/month

89 Days on Market

About This Home

As of September 2018

This two unit building already has one tenant and the other unit was recently painted and is ready for a new tenant. The roof was replaced in 2012 and the exterior painted in 2017. The building has updated plumbing and breakers along with newer vinyl windows. The building sits on a larger lot with parking for four vehicles. It is close to downtown, Metra, Pace, and near the expressway.

Last Agent to Sell the Property

David Rodriguez

David Rodriguez License #471007092 Listed on: 05/03/2018

Last Buyer's Agent

Angelica Hernandez

Monarch Realty License #471010290

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,097

Lot Details

  • 8,712

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Unassigned Parking

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 66x132

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,097

Lot Details

0

Listing Details

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

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66X132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3097
  • Tax Year: 2017
  • 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
May 3, 2018
Closed on
Sep 21, 2018
Sold by
Rodriguez David J and Rodriguez Rhea
Bought by
Hernandez Victor M and Hernandez Angelica M
Seller's Agent
David Rodriguez
David Rodriguez
Buyer's Agent
Angelica Hernandez
Monarch Realty
List Price
$158,900
Sold Price
$163,000
Premium/Discount to List
$4,100
2.58%
Current Estimated Value
$252,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,763
Avg. Annual Appreciation
6.20%
Original Mortgage
$122,250
Outstanding Balance
$109,088
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$143,675

Purchase Details

Closed on
Oct 28, 2002
Sold by
Nieto Jorge A and Cerna Maria De La Luz
Bought by
Rodriguez David J and Rodriguez Rhea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Interest Rate
6.1%

Purchase Details

Closed on
Apr 19, 2000
Sold by
Carachure Epifanio
Bought by
Lara Alfredo and Leon Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,900
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 2000
Sold by
Hud
Bought by
Carachure Epifanio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
8.27%

Purchase Details

Closed on
Sep 3, 1999
Sold by
Chavarria Julio Cesar
Bought by
Hud

Purchase Details

Closed on
Jul 1, 1996
Sold by
Parks Harvey and Parks Laura L
Bought by
Chavarria Julio Cesar and Hernandez Ana Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,450
Interest Rate
8.07%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Hernandez Victor M $163,000 Chicago Title Ins Co
Rodriguez David J $173,000 --
Lara Alfredo $158,000 --
Carachure Epifanio -- --
Hud -- Wheatland Title
Chavarria Julio Cesar $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Victor M $122,250
Previous Owner Rodriguez David J $155,700
Previous Owner Lara Alfredo $156,900
Previous Owner Carachure Epifanio $73,600
Previous Owner Chavarria Julio Cesar $120,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $163,000 +2.6% --
07/31/2018 07/31/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $158,900 0.0% --
07/27/2018 07/27/18 Price Changed $158,900 -2.5% --
06/21/2018 06/21/18 Off Market $163,000 -- --
05/08/2018 05/08/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $153,900 -- --
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 $5,181 $64,735 $18,750 $45,985
2023 $4,985 $58,483 $16,939 $41,544
2022 $4,325 $49,882 $15,445 $34,437
2021 $4,161 $46,636 $14,440 $32,196
2020 $4,060 $44,521 $13,785 $30,736
2019 $3,961 $42,409 $13,131 $29,278
2018 $3,357 $39,952 $12,370 $27,582
2017 $3,268 $37,769 $11,694 $26,075
2016 $3,097 $35,040 $10,849 $24,191
2015 -- $32,117 $9,944 $22,173
2014 -- $31,720 $9,821 $21,899
2013 -- $32,557 $10,080 $22,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09938878

Midwest Real Estate Data (MRED)

APN: 06-12-452-007