$175,000
SOLD MAR 16, 2016
4 Beds
2 Baths
-- Sq Ft
0.34 Acres

Recently Sold

8% Below List Price

4 Days on Market

Highlights

  • Ranch Style House
  • First Floor Utility Room
  • Cul-De-Sac
  • Lockport Township High School East Rated A
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of March 2016

GREAT INVESTMENT OPPORTUNITY OR SUPER SET UP FOR RELATED LIVING IN THIS ALL BRICK RANCH DUPLEX. EXCELLENT IN-TOWN LOCATION NEAR PARK DISTRICT FACILITIES, SCHOOLS & TRAINS. ONE UNIT RECENTLY UPDATED. BOTH UNITS HAVE 2 BEDROOMS, 1 BATH, KITCHEN, EAT-IN AREA, FAMILY ROOM, LAUNDRY ROOM & EACH UNIT HAS ITS OWN DRIVEWAY WITH SEPARATE 1 CAR GARAGE. LARGE LOT WITH FENCED YARD. LONG-TERM TENANTS HAPPY TO STAY!

Last Agent to Sell the Property

Debra Miller

Baird & Warner License #475122709 Listed on: 01/14/2016

Baird & Warner

Last Buyer's Agent

Irina Allison

Apex Real Estate Brokerage Inc License #471004840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,370

Year Built

  • Built in 1974

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 60x124x128x57x149
  • Cul-De-Sac
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Irregular Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Schools

  • Taft Grade Elementary School
  • Lockport Township High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,370

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 189900
  • Lot Features: Cul-De-Sac, Fenced Yard, Irregular Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 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, Sewer-Storm
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Schools

  • Elementary School: TAFT GRADE SCHOOL
  • High School: LOCKPORT TOWNSHIP HIGH SCHOOL
  • Middle/Junior School District: 90

Lot Info

  • Lot Size Acres: 0.34
  • Lot Dimensions: 60X124X128X57X149
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5370.2
  • Tax Year: 2014

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Mar 15, 2016
Sold by
Schmidt Erik R and Schmidt Catherine
Bought by
Malfeo Alexander
Seller's Agent
Debra Miller
Baird & Warner
Buyer's Agent
Irina Allison
Apex Real Estate Brokerage Inc
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Total Days on Market
4
Current Estimated Value
$493,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,404
Avg. Annual Appreciation
11.89%
Original Mortgage
$169,159
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 1995
Sold by
Murrie Dorothy Fern and Fowler Marilyn Elizabeth
Bought by
Schmidt Ronald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.37%
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 Type Sale Price Title Company
Warranty Deed $175,000 Attorney
Executors Deed $160,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,200 New Conventional
Closed $169,159 FHA
Previous Owner $109,500 New Conventional
Previous Owner $128,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Rented $1,450 -3.3% --
10/29/2020 10/29/20 Under Contract -- -- --
10/15/2020 10/15/20 For Rent $1,500 +9.1% --
04/12/2019 04/12/19 Rented $1,375 -1.4% --
04/07/2019 04/07/19 For Rent $1,395 +5.3% --
10/01/2017 10/01/17 Rented $1,325 0.0% --
08/28/2017 08/28/17 For Rent $1,325 +10.4% --
09/15/2016 09/15/16 Rented $1,200 0.0% --
09/08/2016 09/08/16 Under Contract -- -- --
08/23/2016 08/23/16 For Rent $1,200 0.0% --
03/16/2016 03/16/16 Sold $175,000 -7.8% --
01/18/2016 01/18/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $189,900 -- --
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
2023 $9,209 $102,904 $25,495 $77,409
2022 $7,954 $91,349 $22,632 $68,717
2021 $7,591 $85,847 $21,269 $64,578
2020 $7,430 $83,025 $20,570 $62,455
2019 $7,133 $78,697 $19,498 $59,199
2018 $6,416 $69,208 $18,386 $50,822
2017 $6,071 $63,431 $16,851 $46,580
2016 $5,522 $56,296 $14,956 $41,340
2015 $5,370 $52,004 $13,816 $38,188
2014 $5,370 $50,984 $13,545 $37,439
2013 $5,370 $59,981 $15,935 $44,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09115604

Midwest Real Estate Data (MRED)

APN: 04-26-211-018