NOT LISTED FOR SALE

Estimated Value: $419,000 - $442,000

8 Beds
4 Baths
-- Sq Ft
10,542 Sq Ft Lot

Last Sold February 10, 2023

Last sale price $365,000

Est. 16% increase in value since last sale

Current estimated payment $3,120/month

6 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Forced Air Heating System

About This Home

As of February 2023

This one is making a return! Come take advantage of this great income property. All 4 units are rented and with some cleaning up, rents can go up! There are 4 units all 2 bed room and 1 bath units, with a full unfinished basement. All units pay for their own electric and heat, building pays for water. All separate utilities. New roof and gutters installed 12/2022. Cap rate = 8% at current rents.

Last Agent to Sell the Property

Matthew Mika

Compass License #471001481 Listed on: 12/13/2022

Compass

Last Buyer's Agent

Ken Carn

Digital Realty License #471016726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,761

Year Built

  • Built in 1917

Lot Details

  • Lot Dimensions are 69x159
  • Fenced Yard

Home Design

  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Greenman Elementary School
  • Washington Middle School
  • West Aurora High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,292
  • Water Sewer Expense $3,926

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,761

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Age: 100+ Years
  • 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: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • Room: 6

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 359900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Side Apron
  • ParkingTotal: 5
  • Number of Cars: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 3926

Schools

  • Elementary School: Greenman Elementary School
  • High School: West Aurora High School
  • Middle/Junior School: Washington Middle School
  • Middle/Junior School District: 129

Lot Info

  • Lot Dimensions: 69X159
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Insurance Expense: 2292
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8761.4
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Feb 10, 2023
Sold by
Fulmer Sheryl L
Bought by
Carn Charles
Seller's Agent
Matthew Mika
Compass
Buyer's Agent
Ken Carn
Digital Realty
List Price
$359,900
Sold Price
$365,000
Premium/Discount to List
$5,100
1.42%
Views
101
Current Estimated Value
$423,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,174
Avg. Annual Appreciation
7.01%
Original Mortgage
$273,750
Outstanding Balance
$266,002
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$166,100

Purchase Details

Closed on
May 31, 2006
Sold by
Hibbert Lorna
Bought by
Fulmer Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 20, 2002
Sold by
Fagan Althea
Bought by
Hibbert Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.38%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Hugel Kenneth J
Bought by
Fagan Althea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.59%

Purchase Details

Closed on
Jan 31, 1996
Sold by
Lies John M and Simantz Donald J
Bought by
Hugel Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
7.11%
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
Carn Charles $365,000 First American Title
Fulmer Sheryl $310,000 Chicago Title Insurance Comp
Hibbert Lorna $180,000 --
Fagan Althea $150,000 --
Hugel Kenneth J $116,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carn Charles $273,750
Previous Owner Fulmer Sheryl L $284,000
Previous Owner Fulmer Sheryl L $35,460
Previous Owner Fulmer Sheryl $248,000
Previous Owner Fulmer Sheryl L $62,000
Previous Owner Hibbert Lorna $171,000
Previous Owner Fagan Althea $120,000
Previous Owner Hugel Kenneth J $92,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $365,000 +1.4% --
12/20/2022 12/20/22 Pending -- -- --
12/13/2022 12/13/22 For Sale $359,900 -- --
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 $9,633 $121,655 $9,280 $112,375
2023 $9,669 $112,890 $8,292 $104,598
2022 $9,118 $103,002 $7,566 $95,436
2021 $8,761 $95,896 $7,044 $88,852
2020 $8,339 $89,073 $6,543 $82,530
2019 $8,070 $82,528 $6,062 $76,466
2018 $7,526 $75,392 $5,607 $69,785
2017 $7,287 $70,801 $5,166 $65,635
2016 $6,627 $62,378 $4,428 $57,950
2015 -- $54,532 $3,808 $50,724
2014 -- $50,870 $3,767 $47,103
2013 -- $52,216 $4,126 $48,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11687553

Midwest Real Estate Data (MRED)

APN: 15-16-476-016