NOT LISTED FOR SALE

Estimated Value: $319,000 - $381,000

3 Beds
2 Baths
1,254 Sq Ft
$279/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $190,000 $152 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,233/month

29 Days on Market

Highlights

  • 2 Car Detached Garage
  • Baseboard Heating
  • Paved or Partially Paved Lot
  • Patio
  • Heating System Uses Steam

About This Home

As of April 2019

Attention city workers! Heart of Garfield Ridge. Old-fashioned 2-unit grandfathered in on an oversized 41x125 ft lot. Sold for land value, but unit is livable. Hardwood floors in 2nd floor apartment. Newer appliances. Large yard. Detached 2 car garage. Near public transportation & highways. Rental income will assist with your mortgage payments. This won't last! Sold as-is.

Last Agent to Sell the Property

Lidia Albanese

Century 21 S.G.R., Inc. License #475104763 Listed on: 01/24/2019

Century 21 S.G.R., Inc.

Last Buyer's Agent

Anthony Lucio

Keller Williams Preferred Realty License #475165960

Keller Williams Preferred Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,434

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41 x 125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,434

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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: 3
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

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, Electric, Steam, Baseboard, Radiant
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 41 X 125
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3434
  • Tax Year: 2016

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
Jan 24, 2019
Closed on
Apr 10, 2019
Sold by
Alba Rentals Llc
Bought by
Lucio Raymundo and Lucio Anthony
Seller's Agent
Lidia Albanese
Century 21 S.G.R., Inc.
Buyer's Agent
Anthony Lucio
Keller Williams Preferred Realty
List Price
$179,900
Sold Price
$190,000
Premium/Discount to List
$10,100
5.61%
Current Estimated Value
$350,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,488
Avg. Annual Appreciation
9.81%
Original Mortgage
$152,000
Outstanding Balance
$136,369
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$214,119

Purchase Details

Closed on
Jun 3, 2013
Sold by
Albanese Anthony R and Albanese Alexandra
Bought by
Rentals Alba

Purchase Details

Closed on
Jun 5, 2008
Sold by
Albanese Donato and Albanese Antonietta
Bought by
Albanese Anthony R and Albanese Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
6.15%
Mortgage Type
Unknown
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
Lucio Raymundo $190,000 Attorneys Ttl Guaranty Fund
Rentals Alba $170,000 Attorneys Title Guaranty Fun
Albanese Anthony R $165,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucio Raymundo $152,000
Previous Owner Albanese Anthony R $115,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2019 04/15/19 Sold $190,000 +5.6% $152 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $179,900 0.0% $143 / Sq Ft
02/22/2019 02/22/19 Price Changed $179,900 -5.3% $143 / Sq Ft
01/28/2019 01/28/19 Off Market $190,000 -- --
01/24/2019 01/24/19 For Sale $169,900 -- $135 / Sq Ft
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 $4,667 $28,000 $7,175 $20,825
2023 $4,551 $22,000 $6,406 $15,594
2022 $4,551 $22,000 $6,406 $15,594
2021 $4,424 $21,999 $6,406 $15,593
2020 $4,597 $20,501 $5,125 $15,376
2019 $4,606 $22,779 $5,125 $17,654
2018 $4,529 $22,779 $5,125 $17,654
2017 $3,691 $17,031 $4,612 $12,419
2016 $3,434 $17,031 $4,612 $12,419
2015 $3,144 $17,031 $4,612 $12,419
2014 $2,939 $15,718 $4,356 $11,362
2013 $2,400 $15,718 $4,356 $11,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10256575

Midwest Real Estate Data (MRED)

APN: 19-07-428-045-0000