NOT LISTED FOR SALE

Estimated Value: $295,000 - $340,000

4 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $262,000

Est. 20% increase in value since last sale

Current estimated payment $2,462/month

2 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Attached Garage
  • Baseboard Heating
  • Lockport Township High School East Rated A

About This Home

As of October 2022

TERRIFIC Duplex in Lockport!! A great opportunity for investors or to make this a true related living home. 2 units that each have 2 bedrooms, 1 bath, and 1 car attached garage. Big family rooms with vaulted ceilings and hardwood floors in each unit. Kitchen and dedicated eating space as well. One unit has a fenced in backyard and other unit has space for fencing in a yard as well! Patio door access to back, low maintenance, units both occupied with long standing tenants, and so much more! Tenants are on a month to month lease and pay for lawn maintenance and all utility bills. Higher rental comps in the area suggest you can rent these out for more than the current owner! Sit back and collect rent!!

Last Agent to Sell the Property

Robert Kroll

Century 21 Pride Realty License #471005987 Listed on: 10/04/2022

Century 21 Pride Realty

Co-Listed By

Teresa Kroll

Century 21 Pride Realty License #475106918

Last Buyer's Agent

Robert Kroll

Century 21 Pride Realty License #471005987 Listed on: 10/04/2022

Century 21 Pride Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,160

Year Built

  • Built in 1971

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 147 x 61
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Duplex
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Lockport Township High Elementary And Middle School
  • Lockport Township High School

Additional Features

  • Crawl Space
  • Baseboard Heating

Community Details

  • 2 Units
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,160

Year Built

Built in 1971

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: 1971
  • Age: 51-60 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: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • List Price: 264808
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Combination

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard
  • Water Source: Public

Schools

  • Elementary School: Lockport Township High School
  • High School: Lockport Township High School
  • Middle/Junior School: Lockport Township High School
  • Middle/Junior School District: 205

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 147 X 61
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Multi Family

  • GrossIncome: 29400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 7159.68
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Nov 15, 2022
Sold by
Wegner Jason
Bought by
Jaymkay Properties Llc
Seller's Agent
Robert Kroll
Century 21 Pride Realty
Buyer's Agent
Robert Kroll
Century 21 Pride Realty
List Price
$264,808
Sold Price
$262,000
Premium/Discount to List
-$2,808
-1.06%
Views
31
Current Estimated Value
$314,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,678
Avg. Annual Appreciation
7.03%
Original Mortgage
$196,500
Outstanding Balance
$174,894
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$141,350

Purchase Details

Listed on
Oct 4, 2022
Closed on
Oct 28, 2022
Sold by
Exceptional Properties Unlimited Llc
Bought by
Wegner Jason J
Seller's Agent
Robert Kroll
Century 21 Pride Realty
Buyer's Agent
Robert Kroll
Century 21 Pride Realty
List Price
$264,808
Sold Price
$262,000
Premium/Discount to List
-$2,808
-1.06%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Outstanding Balance
$174,894
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$141,350

Purchase Details

Closed on
Dec 30, 2016
Sold by
Swanson Steven R and Swanson Lisa C
Bought by
Exceptional Properties Unlimited Llc

Purchase Details

Closed on
Apr 22, 2004
Sold by
Burla Henry F and Burla Sandra J
Bought by
Swanson Steve R and Swanson Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
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
Jaymkay Properties Llc -- --
Wegner Jason J $262,000 Fidelity National Title Insura
Exceptional Properties Unlimited Llc -- None Available
Swanson Steve R $135,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wegner Jason J $196,500
Previous Owner Swanson Steve R $68,000
Previous Owner Swanson Steven R $145,000
Previous Owner Swanson Steve R $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $262,000 -1.1% --
10/06/2022 10/06/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $264,808 -- --
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
2023 $8,686 $97,056 $19,642 $77,414
2022 $7,502 $86,158 $17,436 $68,722
2021 $7,160 $80,968 $16,386 $64,582
2020 $7,007 $78,305 $15,847 $62,458
2019 $6,727 $74,223 $15,021 $59,202
2018 $6,366 $68,669 $14,164 $54,505
2017 $6,023 $62,937 $12,982 $49,955
2016 $5,479 $55,858 $11,522 $44,336
2015 $5,328 $51,600 $10,644 $40,956
2014 $5,328 $50,588 $10,435 $40,153
2013 $5,328 $59,516 $12,277 $47,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11646717

Midwest Real Estate Data (MRED)

APN: 04-26-207-020