NOT LISTED FOR SALE

Estimated Value: $423,248 - $542,000

4 Beds
2 Baths
1,547 Sq Ft
$305/Sq Ft Est. Value

Last Sold January 14, 2020

Last sale price $326,000 $211 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,969/month

47 Days on Market

Highlights

  • 1.5 Car Detached Garage
  • Enclosed Patio or Porch
  • Two Heating Systems

About This Home

As of January 2020

Great Investment Opportunity in Gladstone Park! Separate Utilities for upper and main units. Very well maintained home featuring wood-cedar siding with blown in insulation. New windows throughout main floor. Beautiful Oak and Maple floors. Both units have IN-UNIT Laundry. Garage and full basement add revenue and appeal to potential renters. Certification of zoning compliance available for view. Walking distance to Gladstone Metra-station. Move-in ready and aggressively priced!!!

Last Agent to Sell the Property

Daniel Hastings

HomeSmart Connect LLC License #475180196 Listed on: 10/24/2019

HomeSmart Connect LLC

Last Buyer's Agent

Jorge Delgado

Tanis Group Realty License #471016504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,321

Year Built

  • Built in 1921

Lot Details

  • 3,049

Parking

  • 1.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Cedar

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • 3,049 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,321

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 1.5
  • ParkingTotal: 1.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 3311
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5320.55
  • Tax Year: 2017

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Jan 14, 2020
Sold by
Triphahn Richard J
Bought by
Gorecki Bryan Richard
Seller's Agent
Daniel Hastings
HomeSmart Connect LLC
Buyer's Agent
Jorge Delgado
Tanis Group Realty
List Price
$339,900
Sold Price
$326,000
Premium/Discount to List
-$13,900
-4.09%
Current Estimated Value
$471,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,562
Avg. Annual Appreciation
6.31%
Original Mortgage
$309,700
Outstanding Balance
$272,684
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$198,878

Purchase Details

Closed on
Oct 31, 2002
Sold by
Jankovec Laura
Bought by
Triphahn Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.22%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gorecki Bryan Richard $326,000 Fidelity National Title
Triphahn Richard J $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorecki Bryan Richard $309,700
Previous Owner Triphahn Richard J $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2020 01/14/20 Sold $326,000 +0.3% $211 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/29/2019 11/29/19 Price Changed $324,900 -4.4% $210 / Sq Ft
10/24/2019 10/24/19 For Sale $339,900 -- $220 / 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
2025 $6,333 $37,001 $8,278 $28,723
2024 $6,333 $37,001 $8,278 $28,723
2023 $6,174 $30,000 $5,258 $24,742
2022 $6,174 $30,000 $5,258 $24,742
2021 $6,036 $30,000 $5,258 $24,742
2020 $5,764 $25,861 $4,469 $21,392
2019 $5,777 $28,735 $4,469 $24,266
2018 $5,680 $28,735 $4,469 $24,266
2017 $5,321 $24,702 $3,972 $20,730
2016 $5,536 $27,625 $3,972 $23,653
2015 $5,065 $27,625 $3,972 $23,653
2014 $4,157 $22,390 $3,641 $18,749
2013 $4,075 $22,390 $3,641 $18,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10556963

Midwest Real Estate Data (MRED)

APN: 13-05-419-031-0000