NOT LISTED FOR SALE

Estimated Value: $415,147 - $491,000

5 Beds
2 Baths
1,046 Sq Ft
$423/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $260,000 $249 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,808/month

7 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • Ceiling Fan
  • 2 Car Detached Garage

About This Home

As of October 2014

VERY DESIRABLE PORTAGE PARK AREA. DO NOT MISS IT! OVERSIZED 2FLT ON WIDE LOT. 1ST FLR HAS 6 RMS/2 BR'S AND 1 BTH. 2ND FLR HAS 5 RMS/2 BR'S AND 1 BTH. BASEMENT IS PARTIALLY FINISHED WITH 2 RMS BEING USED AS A DUPLEX TO THE FIRST FLOOR. MINOR TLC THROUGHOUT, EXCELLENT OPPORTUNITY TO GET IN THIS NEIGHBORHOOD FOR TODAY'S PRICES! NO FHA. AS_IS CONDITION.

Last Agent to Sell the Property

Digna Payes

Chicagoland Brokers Inc. License #475141155 Listed on: 08/14/2014

Last Buyer's Agent

Jim Gilliam

Chicagoland Brokers, Inc. License #475134105

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,435

Year Built

  • Built in 1917

Lot Details

  • Lot Dimensions are 37 x 123
  • Fenced Yard

Parking

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

Home Design

  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • 2 Flat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,435

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Partially Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 249500
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 37 X 123
  • 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: 3435
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2014
Closed on
Oct 3, 2014
Sold by
Stargate Investments Llc Series 5914
Bought by
Nguyen Hung
Seller's Agent
Digna Payes
Chicagoland Brokers Inc.
Buyer's Agent
Jim Gilliam
Chicagoland Brokers, Inc.
List Price
$249,500
Sold Price
$260,000
Premium/Discount to List
$10,500
4.21%
Current Estimated Value
$435,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,472
Avg. Annual Appreciation
4.87%
Original Mortgage
$208,000
Outstanding Balance
$161,626
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$274,367

Purchase Details

Closed on
Mar 17, 2014
Sold by
Santiago Miriam and Santiago Jose
Bought by
Stargate Investments Llc Series 5914

Purchase Details

Closed on
Jun 30, 2005
Sold by
Jurczak Richard and Jurczak Marcella
Bought by
Santiago Miriam and Santiago Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
2.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 27, 1998
Sold by
Wagner Leslie and Piccirillo Elizabeth
Bought by
Jurczak Richard and Jurczak Marcella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,275
Interest Rate
7.18%
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
Nguyen Hung $260,000 None Available
Stargate Investments Llc Series 5914 $134,000 None Available
Santiago Miriam $380,000 Chicago Title Insurance Comp
Jurczak Richard $171,500 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Hung $208,000
Previous Owner Santiago Miriam $304,000
Previous Owner Jurczak Richard $10,545
Previous Owner Jurczak Richard $164,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $260,000 +4.2% $249 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $249,500 -- $239 / 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 $5,233 $31,000 $15,999 $15,001
2023 $5,079 $28,118 $12,914 $15,204
2022 $5,079 $28,118 $12,914 $15,204
2021 $4,984 $28,116 $12,913 $15,203
2020 $3,627 $19,383 $5,765 $13,618
2019 $3,687 $21,779 $5,765 $16,014
2018 $3,623 $21,779 $5,765 $16,014
2017 $3,545 $19,843 $5,073 $14,770
2016 $3,474 $19,843 $5,073 $14,770
2015 $3,155 $19,843 $5,073 $14,770
2014 $3,505 $18,890 $4,612 $14,278
2013 $3,436 $18,890 $4,612 $14,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08701536

Midwest Real Estate Data (MRED)

APN: 13-20-200-030-0000