NOT LISTED FOR SALE

Estimated Value: $292,000 - $366,000

6 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold May 31, 2019

Last sale price $218,000

Est. 46% increase in value since last sale

Current estimated payment $2,266/month

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Porch

About This Home

As of May 2019

RARE INVESTMENT OPPORTUNITY IN THE HEART OF THE HISTORIC PRESERVATION DISTRICT. EACH UNIT HAS THREE BEDROOMS AND 1100 ASQ. GORGEOUS ORIGINAL WOODWORK AND TRIM WITH BUILT-IN BOOK CASES AND ORIGINAL LEAD GLASS WINDOWS IN THE MAIN FLOOR UNIT. UPDATED KITCHEN WITH CERAMIC TILE FLOOR, NEWER CARPET AND LOADS OF ORIGINAL CHARACTER. UPPER UNIT HAS A BRAND NEW KITCHEN INCLUDING CABINETS, COUNTER TOPS,STAINLESS STEEL RANGE, SINK & FAUCET. CERAMIC FLOORING IN KITCHEN AND EATING AREA, NEW BATHROOM VANITY AND FIXTURES, NEWER CARPET, AND PLENTY OF CHARM. SEPARATE GAS FORCED AIR FURNACES, ALL SEPARATE UTILITIES, TWO WASHER AND DRYER HOOK UPS IN BASEMENT. HUGE FRONT PORCH, ONE CAR DETACHED GARAGE AND PAVED PARKING AREA IN REAR. PROPERTY WILL PRODUCE A 10% CAP-RATE IF RENTED AT CURRENT MARKET RENTAL PRICING. JUST RECEIVED 4 YEAR CERTIFICATE FROM CITY OF JOLIET.

Last Agent to Sell the Property

Melissa Bell

Coldwell Banker Real Estate Group License #471004404 Listed on: 04/18/2019

Coldwell Banker Real Estate Group

Co-Listed By

Lloyd Meinhart

Coldwell Banker Real Estate Group License #475167760

Last Buyer's Agent

Martha Lopez

Re/Max Ultimate Professionals License #475142046

Re/Max Ultimate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 61'x124'
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Parking
  • Parking Space is Owned

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Joliet Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Porch

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,070
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,973

Year Built

Built in 1910

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: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up,Range Hood,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 225000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense Year: 0

Schools

  • High School: JOLIET CENTRAL HIGH SCHOOL
  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 61'X124'
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Multi Family

  • Insurance Expense: 1070
  • GrossIncome: 28800
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3973
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
May 30, 2019
Sold by
Trust Number 3081
Bought by
Perez Perez Elvia A Martinez Elvia A Martinez and Perez Avina Elvia
Seller's Agent
Melissa Bell
Coldwell Banker Real Estate Group
Buyer's Agent
Martha Lopez
Re/Max Ultimate Professionals
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%
Current Estimated Value
$318,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,657
Avg. Annual Appreciation
6.18%
Original Mortgage
$214,051
Outstanding Balance
$190,125
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$128,532
Source: Public Records

Range of Values:

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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
Perez Perez Elvia A Martinez Elvia A Martinez $218,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Perez Elvia A Martinez Elvia A Martinez $214,051
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $218,000 -3.1% --
04/26/2019 04/26/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $225,000 -- --
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 $6,915 $90,565 $11,495 $79,070
2023 $6,915 $80,466 $10,213 $70,253
2022 $6,168 $72,787 $9,238 $63,549
2021 $5,825 $67,981 $8,628 $59,353
2020 $5,498 $64,560 $8,194 $56,366
2019 $4,399 $45,783 $7,615 $38,168
2018 $4,216 $42,306 $7,037 $35,269
2017 $3,973 $38,464 $6,398 $32,066
2016 $3,806 $35,408 $5,866 $29,542
2015 $3,665 $33,200 $5,500 $27,700
2014 $3,665 $33,000 $5,450 $27,550
2013 $3,665 $35,026 $6,042 $28,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10349079

Midwest Real Estate Data (MRED)

APN: 30-07-09-317-003