NOT LISTED FOR SALE

Estimated Value: $437,000 - $559,000

5 Beds
3 Baths
1,390 Sq Ft
$358/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $367,500 $264 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,093/month

3 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Bungalow
  • Fenced Yard
  • Enclosed Patio or Porch
  • Ceiling Fan

About This Home

As of October 2016

UNIQUE OVERSIZED LEGAL 2 UNIT BUNGALOW IN PORTAGE PARK ON 35X125 LOT. BEAUTIFUL WOOD TRIM, OAK HARDWOOD FLOORS & EXQUISITELY PRESERVED VINTAGE ORIGINAL FEATURES. 1ST FLOOR INCLUDES LARGE OAK CABINET EAT-IN KITCHEN. ENCLOSED REAR PORCH WITH GREAT NATURAL LIGHT. SPACIOUS 2ND FLOOR UNIT WITH HARDWOOD FLOORS, LIVING RM, DINING RM, KITCHEN, BATH, 2 BEDROOM AREAS AND BONUS ROOM IN REAR. FINISHED BASEMENT INCLUDES BONUS KITCHEN THAT OPENS TO HUGE RECREATION ROOM ALONG WITH HALF BATH, WORKROOM & UTILITY AREA. SEPARATE ENTRANCES FROM FRONT STAIRS. DETACHED 2 CAR GARAGE. NEAR EXPRESSWAYS, TRANSPORTATION, SHOPPING, & RESTAURANTS.

Last Agent to Sell the Property

Jack Guest

Coldwell Banker Realty License #475138340 Listed on: 07/19/2016

Coldwell Banker Realty

Co-Listed By

John Bowler

Coldwell Banker Realty License #475134013

Last Buyer's Agent

Leslie Rodriguez

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,654

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 35x126
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Recreation Room
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Gray Elementary School
  • Schurz High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,654

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: Kitchen, Enclosed Porch, Recreation Room
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 349900
  • Lot Features: Fenced Yard
  • 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: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan

Schools

  • Elementary School: GRAY ELEMENTARY SCHOOL
  • High School: SCHURZ HIGH SCHOOL
  • Middle/Junior School: GRAY ELEMENTARY SCHOOL
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 35X126
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3654
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2016
Closed on
Oct 21, 2016
Sold by
Tilton Martin and Johnson Rachel E
Bought by
Cordova Carlos
Seller's Agent
Jack Guest
Coldwell Banker Realty
Buyer's Agent
Leslie Rodriguez
Coldwell Banker Realty
List Price
$349,900
Sold Price
$367,500
Premium/Discount to List
$17,600
5.03%
Current Estimated Value
$496,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,480
Avg. Annual Appreciation
3.41%
Original Mortgage
$360,843
Outstanding Balance
$290,742
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$206,238

Purchase Details

Listed on
May 8, 2014
Closed on
Aug 18, 2014
Sold by
Anderson Alan and Anderson Sandra
Bought by
Titon Martin and Johnson Rachel E
Seller's Agent
Tivadar Szabo
Szabo Realty, Inc.
Buyer's Agent
Norah Russo
RE/MAX 10
List Price
$299,900
Sold Price
$298,000
Premium/Discount to List
-$1,900
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$292,602
Interest Rate
4.25%
Mortgage Type
FHA
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
Cordova Carlos $367,500 Precision Title
Titon Martin $298,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordova Carlos $360,843
Previous Owner Titon Martin $292,602
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2016 10/25/16 Sold $367,500 0.0% $264 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/21/2016 07/21/16 Off Market $367,500 -- --
07/19/2016 07/19/16 For Sale $349,900 +17.4% $252 / Sq Ft
08/18/2014 08/18/14 Sold $298,000 -0.6% $214 / Sq Ft View Prior Sale
05/20/2014 05/20/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $299,900 -- $216 / 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 $5,847 $37,001 $15,313 $21,688
2023 $5,679 $31,029 $12,250 $18,779
2022 $5,679 $31,029 $12,250 $18,779
2021 $5,570 $31,029 $12,250 $18,779
2020 $6,449 $32,052 $5,468 $26,584
2019 $7,236 $36,014 $5,468 $30,546
2018 $7,114 $36,014 $5,468 $30,546
2017 $5,811 $26,995 $4,812 $22,183
2016 $5,407 $26,995 $4,812 $22,183
2015 $4,947 $26,995 $4,812 $22,183
2014 $3,654 $22,260 $4,375 $17,885
2013 $3,570 $22,260 $4,375 $17,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09291071

Midwest Real Estate Data (MRED)

APN: 13-20-219-016-0000