NOT LISTED FOR SALE

Estimated Value: $135,000 - $304,000

8 Beds
4 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold December 31, 2015

Last sale price $47,000

Est. 369% increase in value since last sale

Current estimated payment $1,567/month

156 Days on Market

Highlights

  • 6 Car Detached Garage
  • Baseboard Heating
  • Heating System Uses Steam

About This Home

As of December 2015

A 4-unit property: A 3 bedroom, two 2 bedroom, and a one bedroom. New plumbing, new water heater, and new carpet. Tenants pay their own electricity. Property needs some work. Sold As Is.

Last Agent to Sell the Property

Mike Berg

Berg Properties License #475114838 Listed on: 05/28/2015

Last Buyer's Agent

David Sullivan

EAST SIDE REALTY of Joliet, Inc. License #475074070

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 60 x 146 x 70 x 146

Parking

  • 6 Car Detached Garage
  • Parking Space is Owned

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Joliet Twp High School - Altern Middle School
  • Joliet Twp High School - Altern

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • 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: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 1

Exterior Features

  • List Price: 49900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 6
  • ParkingTotal: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Lake Michigan

Schools

  • High School: JOLIET TWP HIGH SCHOOL - ALTERN
  • Middle/Junior School: JOLIET TWP HIGH SCHOOL - ALTERN
  • Middle/Junior School District: 204

Lot Info

  • Lot Dimensions: 60 X 146 X 70 X 146
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 3575
  • Tax Year: 2014

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Dec 10, 2015
Sold by
Khasawneh Rami
Bought by
Ligas Tadeusz and Liga Danuta
Seller's Agent
Mike Berg
Berg Properties
Buyer's Agent
David Sullivan
EAST SIDE REALTY of Joliet, Inc.
List Price
$79,900
Sold Price
$47,000
Premium/Discount to List
-$32,900
-41.18%
Current Estimated Value
$220,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,662
Avg. Annual Appreciation
17.24%

Purchase Details

Listed on
Oct 30, 2013
Closed on
Feb 19, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Khasawneh Rami
Seller's Agent
Thomas Mulvey
Dow Realty
Buyer's Agent
Timothy Brophy
Dow Realty
List Price
$84,900
Sold Price
$41,100
Premium/Discount to List
-$43,800
-51.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%

Purchase Details

Closed on
Aug 23, 2013
Sold by
Cerrillo Rodolfo
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 10, 2013
Sold by
Cerrillo Rodolfo
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 17, 2006
Sold by
First Midwest Bank
Bought by
Cerrillo Rodolfo and Cerrillo Dawn
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
Ligas Tadeusz $47,000 Fidelity National Title Ins
Khasawneh Rami $41,100 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Citimortgage Inc $79,000 None Available
Cerrillo Rodolfo $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cerrillo Rodolfo $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2015 12/31/15 Sold $47,000 -5.8% --
10/31/2015 10/31/15 Pending -- -- --
10/22/2015 10/22/15 Price Changed $49,900 -23.2% --
07/27/2015 07/27/15 Price Changed $65,000 -9.7% --
06/17/2015 06/17/15 Price Changed $71,999 -9.9% --
05/28/2015 05/28/15 For Sale $79,900 +94.4% --
03/07/2014 03/07/14 Sold $41,100 -8.5% --
02/13/2014 02/13/14 Pending -- -- --
01/29/2014 01/29/14 Price Changed $44,900 -18.2% --
01/17/2014 01/17/14 Price Changed $54,900 -15.4% --
12/20/2013 12/20/13 Price Changed $64,900 -13.4% --
12/02/2013 12/02/13 Price Changed $74,900 -11.8% --
10/30/2013 10/30/13 For Sale $84,900 -- --
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
2024 $4,824 $57,596 $6,582 $51,014
2023 $4,824 $51,174 $5,848 $45,326
2022 $3,090 $33,458 $5,290 $28,168
2021 $2,937 $31,249 $4,941 $26,308
2020 $2,828 $29,676 $4,692 $24,984
2019 $2,650 $27,580 $4,361 $23,219
2018 $2,539 $25,485 $4,030 $21,455
2017 $2,393 $23,170 $3,664 $19,506
2016 $2,293 $21,330 $3,359 $17,971
2015 $3,576 $32,350 $3,150 $29,200
2014 $3,576 $32,200 $3,150 $29,050
2013 $3,576 $34,093 $3,488 $30,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08935635

Midwest Real Estate Data (MRED)

APN: 30-07-10-215-007