NOT LISTED FOR SALE

619 E 142nd St Dolton, IL 60419

Estimated Value: $150,000 - $188,000

4 Beds
2 Baths
1,134 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $118,000 $104 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,034/month

6 Days on Market

Highlights

  • 0.45 Acre Lot
  • 2 Car Detached Garage
  • Enclosed Patio or Porch
  • Lower Floor Utility Room

About This Home

As of November 2019

Newly Renovated 2 Flat with high Cap rate 13%+! Calling all Investors & home owners who want to live rent free while renting out other unit. First level unit is rented paying $1100 with 2 bed/1 bath + Den with closet & tray ceilings in 1st fl kitchen. 2nd Level vacant 2 bed/1bathroom. New improvements include, Hardwood floors, new kitchen & baths, updated electrical, new electrical service, new plumbing throughout, Full 2 car garage, Huge yard/ Fenced lot! Separate gas & electric for each unit. New forced air furnace & heating system in each unit & Separate washer & dryer for each unit in half finished basement waiting to create more income rental potential. Large driveway & additional parking lot in back of building. Must see! PRICED TO SELL*

Last Agent to Sell the Property

Jonathan Mallett

American International Realty Corp. License #475147588 Listed on: 10/04/2019

American International Realty Corp.

Last Buyer's Agent

Troy Mitchell

McColly Real Estate License #475152007

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,171

Year Built

  • Built in 1901 | Remodeled in 2018

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x200

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Lower Floor Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Insurance Expense $608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,171

Year Built

Built in 1901 | Remodeled in 2018

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: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Enclosed Porch, Utility Room-Lower Level
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Garage/Space,Hardwood Floors

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: 100X200
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Insurance Expense: 608
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5171.18
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Nov 25, 2019
Sold by
Gothic Investments Ltd
Bought by
Lofton Christopher
Seller's Agent
Jonathan Mallett
American International Realty Corp.
Buyer's Agent
Troy Mitchell
McColly Real Estate
List Price
$115,000
Sold Price
$118,000
Premium/Discount to List
$3,000
2.61%
Current Estimated Value
$165,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,645
Avg. Annual Appreciation
5.72%
Original Mortgage
$118,000
Outstanding Balance
$104,578
Interest Rate
3.87%
Mortgage Type
VA
Estimated Equity
$61,067

Purchase Details

Closed on
Aug 15, 2018
Sold by
Bank Of America N A
Bought by
Gothic Investments Ltd

Purchase Details

Closed on
Dec 19, 2017
Sold by
Pangburn Kathy L and Arnold Kathy L
Bought by
Bank Of America N A

Purchase Details

Closed on
Feb 28, 1997
Sold by
Lent Earl W
Bought by
Pangburn Kathy L and Arnold Glenn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,560
Interest Rate
7.93%
Mortgage Type
FHA
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
Lofton Christopher $118,000 Chicago Title
Gothic Investments Ltd $2,500 Attorney
Bank Of America N A $107,574 Premier Title
Pangburn Kathy L $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lofton Christopher $118,000
Previous Owner Pangburn Kathy L $84,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $118,000 -0.8% $104 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
10/04/2019 10/04/19 Price Changed $119,000 +3.5% $105 / Sq Ft
10/04/2019 10/04/19 For Sale $115,000 -- $101 / 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 -- $12,000 $6,000 $6,000
2023 -- $14,500 $8,500 $6,000
2022 $0 $8,616 $7,500 $1,116
2021 $5,443 $8,615 $7,500 $1,115
2020 $5,443 $8,615 $7,500 $1,115
2019 $5,617 $9,837 $7,000 $2,837
2018 $5,443 $9,837 $7,000 $2,837
2017 $5,171 $9,837 $7,000 $2,837
2016 $4,607 $8,781 $6,500 $2,281
2015 $4,377 $8,781 $6,500 $2,281
2014 $4,381 $8,781 $6,500 $2,281
2013 $4,339 $9,322 $6,500 $2,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10538636

Midwest Real Estate Data (MRED)

APN: 29-03-400-010-0000