NOT LISTED FOR SALE

Estimated Value: $793,339

Studio
-- Bath
-- Sq Ft
0.8 Acres

Last Sold April 26, 2016

Last sale price $500,000

Est. 59% increase in value since last sale

Current estimated payment $4,927/month

186 Days on Market

About This Home

As of April 2016

Great Opportunity Bring your Developers prime property & location right off high traffic count Boughton Rd. just West of I-355 & the Promenade Shopping Mall. Exploding growth in this area w/retail and multi family. Split Level home sits on almost an Acre of land currently used as a Successful Commercial business.Potential uses approved by the City would Retail,multi family units or both. Or just purchase & run your Business out of the home contingent on Village Approval. Don't let this opportunity pass by being within seconds of IKEA,Macys & Bass Pro Shop.

Last Agent to Sell the Property

Mark Dicken

KRKJ Select Real Estate Inc. License #471004775 Listed on: 06/19/2015

Last Buyer's Agent

Mark Dicken

KRKJ Select Real Estate Inc. License #471004775 Listed on: 06/19/2015

Property Details

Property Type

  • Other

Year Built

  • 1965

Lot Details

  • 0.8

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Central Air

Property Details

Property Type

Other

Year Built

1965

Lot Details

0

Listing Details

  • Property Type: Instut/To Develop
  • Built Before 1978 (Y/N): Yes
  • Current Use: Commercial
  • Potential Use: Commercial, Planned Unit Development, Residential-Multi-Family, Retail
  • Zoning Type: COMMR
  • Estimated Age: 36-50 Years
  • Outdoor Parking: 6-12 Spaces
  • Property Offered: For Sale Only
  • Number Of Stories: 1
  • Estimated Year Built: 1965
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1
  • Year Built: 1965

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.8
  • Construction: Wood Frame
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 1-5 Spaces, Attached, Secured
  • Number Of Parking Spaces: 10

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Forced Air, Gas

Fee Information

  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 139X319X125X263
  • Lot Sq Ft: 35023
  • Parcel Identification Number: 1202013000060000

Tax Info

  • Taxes: 10,888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Emko Properties Inc
Bought by
Realty Income Properties 17 Llc
Current Estimated Value
$793,339

Purchase Details

Listed on
Jun 19, 2015
Closed on
Apr 26, 2016
Sold by
Stewart Thomas B and Stewart Robin E
Bought by
Emko Properties Inc
Seller's Agent
Mark Dicken
KRKJ Select Real Estate Inc.
Buyer's Agent
Mark Dicken
KRKJ Select Real Estate Inc.
List Price
$549,900
Sold Price
$500,000
Premium/Discount to List
-$49,900
-9.07%

Purchase Details

Closed on
Jul 15, 2008
Sold by
Itasca Bank & Trust Co
Bought by
The Stewart Family Declaration Of Trust

Purchase Details

Closed on
Dec 9, 2005
Sold by
Hansen Donald L and Hansen Lenora
Bought by
Itasca Bank & Trust Co and Trust #12213

Purchase Details

Closed on
Aug 27, 1998
Sold by
Lee Kung How and Kung Nacy
Bought by
Hansen Donald L and Hansen Lenora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
8.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 1993
Bought by
Stewart Family D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Realty Income Properties 17 Llc $7,028,576 --
Emko Properties Inc $500,000 First American Title
The Stewart Family Declaration Of Trust -- None Available
Itasca Bank & Trust Co -- None Available
Hansen Donald L $230,000 --
Stewart Family D $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hansen Donald L $164,000
Closed Hansen Donald L $20,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2016 04/26/16 Sold $500,000 -9.1% --
12/22/2015 12/22/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $549,900 -- --
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 $9,685 $104,869 $91,814 $13,055
2023 $9,685 $104,869 $91,814 $13,055
2022 $10,366 $104,869 $91,814 $13,055
2021 $10,558 $104,869 $91,814 $13,055
2020 $10,607 $104,869 $91,814 $13,055
2019 $10,820 $104,869 $91,814 $13,055
2018 $10,892 $104,869 $91,814 $13,055
2017 $10,691 $102,004 $91,814 $10,190
2016 $10,983 $102,269 $62,654 $39,615
2015 $10,887 $98,100 $60,100 $38,000
2014 $10,887 $98,100 $60,100 $38,000
2013 $10,887 $87,300 $54,600 $32,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08959707

Midwest Real Estate Data (MRED)

APN: 12-02-01-300-006