NOT LISTED FOR SALE
24 Beds
12 Baths
-- Sq Ft
1893 Built

Sale Details

Date Sold: October 7, 2016

Last sale price $252,625

55 Days on Market

About This Home

As of October 2016

SPACIOUS TWELVE (12) -2) BEDROOMS APARTMENTS, FULLY RENTED, ALL UNITS HAVE BEEN UPDATED. TENANTS PAY THEIR ELECTRIC, AND HEAT.

Last Agent to Sell the Property

Yvette Crisp

Coldwell Banker Realty License #475130368 Listed on: 06/06/2016

Coldwell Banker Realty

Last Buyer's Agent

Venessa Wheeler

Solid Realty Services, Inc. License #475147882

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,290

Year Built

  • Built in 1893

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service

Additional Features

  • 3-Story Property
  • Lot Dimensions are 50x 124.76
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $628
  • Fuel Expense $1,885
  • Insurance Expense $3,388
  • Other Expense $550
  • Trash Expense $2,111
  • Water Sewer Expense $4,720
  • Operating Expense $19,238
  • Gross Income $87,426
  • Net Operating Income $7,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,290

Year Built

Built in 1893

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1893
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Short Sale
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 24
  • Possible Use: Multi-Family
  • Basement Description: Unfinished
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • Exterior Building Type: Brick

Utilities

  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 2111
  • Water Sewer Expenses: 4720

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X 124.76
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 7800
  • Fuel Expense: 1885
  • Insurance Expense: 3388
  • ElectricExpense: 628
  • GrossIncome: 87426
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 19238
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 7290
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Oct 8, 2016
Sold by
Bought by
Seller's Agent
Yvette Crisp
Coldwell Banker Realty
Buyer's Agent
Venessa Wheeler
Solid Realty Services, Inc.
List Price
$250,000
Sold Price
$252,625
Premium/Discount to List
$2,625
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,100
Outstanding Balance
$151,064
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.69%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$253,000 Chicago Title
-- Ticor
-- --
$195,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $202,100
Previous Owner $310,000
Previous Owner $312,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $252,625 +1.1% --
07/31/2016 07/31/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $250,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,082 $72,524 $5,000 $67,524
2024 $13,082 $72,524 $5,000 $67,524
2023 $12,753 $62,003 $5,625 $56,378
2022 $12,753 $62,003 $5,625 $56,378
2021 $12,468 $62,003 $5,625 $56,378
2020 $10,662 $47,859 $5,625 $42,234
2019 $9,615 $47,859 $5,625 $42,234
2018 $9,454 $47,859 $5,625 $42,234
2017 $10,930 $50,774 $5,156 $45,618
2016 $10,169 $50,774 $5,156 $45,618
2015 $9,304 $50,774 $5,156 $45,618
2014 $7,290 $39,291 $3,593 $35,698
2013 $7,123 $39,166 $3,593 $35,573
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09248579

Midwest Real Estate Data (MRED)

APN: 20161130010000

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