Seller's Agent in 2021
Robert Picciariello
Prello Realty
(312) 933-1591
1 in this area
1,086 Total Sales
605 Morgan St Joliet, IL 60436
Saint Pat's NeighborhoodEstimated Value: $289,000 - $355,888
4
Beds
4
Baths
--
Sq Ft
6,098
Sq Ft Lot
Highlights
- 6 Car Detached Garage
- Water Softener is Owned
- Ceiling Fan
About This Home
As of July 2021A fantastic investment opportunity to purchase a turnkey 4-unit on the westside of Joliet in the St. Pat's neighborhood which is closely located near parks, schools, downtown and expressways. The 4 quaint 1 bd units have been updated and contain newer windows, newer roof, new doors and the property holds a 4 year rental inspection certificate. All units are occupied by long term tenants who pay the cooking gas and electric. The property has a 4 car garage rented as an extra income producing investment.
Last Agent to Sell the Property
Prello Realty License #471006989 Listed on: 07/28/2020
Last Buyer's Agent
Deborah Pettenuzzo
RE/MAX Ultimate Professionals License #475124754
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,749
Year Renovated
- 2021
Lot Details
- Lot Dimensions are 65x100
Parking
- 6 Car Detached Garage
- Parking Space is Owned
- Assigned Parking
Home Design
- Stone Foundation
- Aluminum Siding
Interior Spaces
- Ceiling Fan
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 4 Full Bathrooms
Schools
- Pershing Elementary School
- Dirksen Junior High School
- Joliet Central High School
Utilities
- Heating System Uses Natural Gas
- Water Softener is Owned
- Cable TV Available
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $415
- Fuel Expense $1,500
- Insurance Expense $2,740
- Trash Expense $500
- Water Sewer Expense $2,000
- Gross Income $33,840
- Net Operating Income $26,685
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2020
Closed on
Jul 30, 2021
Sold by
605 Morgan Street Llc
Bought by
Cintora Jose
Seller's Agent
Robert Picciariello
Prello Realty
Buyer's Agent
Deborah Pettenuzzo
RE/MAX Ultimate Professionals
Sold Price
$270,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,972
Avg. Annual Appreciation
4.16%
Original Mortgage
$245,471
Outstanding Balance
$225,905
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$93,027
Purchase Details
Closed on
Sep 28, 2020
Sold by
Chicago Title Land Trust Company
Bought by
605 Morgan Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 30, 2004
Sold by
Delaney Michael J
Bought by
Cole Taylor Bank and Trust #01-041139
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 6, 1995
Sold by
Corradetti John F and Corradetti Yolanda L
Bought by
Delaney Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,258
Interest Rate
8.79%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cintora Jose | $270,000 | Chicago Title | |
| 605 Morgan Street Llc | -- | Chicago Title Land Trust Co | |
| Cole Taylor Bank | $147,000 | Chicago Title Insurance Co | |
| Delaney Michael | $92,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cintora Jose | $245,471 | |
| Previous Owner | 605 Morgan Street Llc | $1,740,000 | |
| Previous Owner | 605 Morgan Street Llc | $150,000 | |
| Previous Owner | Cole Taylor Bank | $120,000 | |
| Previous Owner | Delaney Michael | $135,000 | |
| Previous Owner | Delaney Michael J | $24,000 | |
| Previous Owner | Delaney Michael | $91,258 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $270,000 | -6.6% | -- |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- |
| 04/14/2021 04/14/21 | For Sale | -- | -- | -- |
| 04/07/2021 04/07/21 | For Sale | $289,000 | 0.0% | -- |
| 01/25/2021 01/25/21 | Pending | -- | -- | -- |
| 07/28/2020 07/28/20 | For Sale | $289,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $5,393 | $52,321 | $15,238 | $37,083 |
| 2022 | $3,817 | $47,328 | $13,784 | $33,544 |
| 2021 | $4,154 | $44,203 | $12,874 | $31,329 |
| 2020 | $3,941 | $41,978 | $12,226 | $29,752 |
| 2019 | $3,749 | $39,013 | $11,362 | $27,651 |
| 2018 | $3,592 | $36,050 | $10,499 | $25,551 |
| 2017 | $3,386 | $32,775 | $9,545 | $23,230 |
| 2016 | $3,227 | $30,022 | $8,745 | $21,277 |
| 2015 | $3,110 | $28,150 | $8,200 | $19,950 |
| 2014 | $3,110 | $30,100 | $8,150 | $21,950 |
| 2013 | $3,110 | $32,373 | $9,039 | $23,334 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Picciariello
-
D
Buyer's Agent in 2021
Deborah Pettenuzzo
RE/MAX
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10798220
APN: 30-07-16-114-027
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