NOT LISTED FOR SALE

Estimated Value: $319,000 - $365,000

4 Beds
2 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold May 24, 2021

Last sale price $250,000

Est. 36% increase in value since last sale

Current estimated payment $2,586/month

3 Days on Market

Highlights

  • Multiple Garages
  • Property is near a park
  • Den
  • Lockport Township High School East Rated A
  • Ranch Style House
  • 5-minute walk to Rotary Park

About This Home

As of May 2021

** MULTIPLE OFFERS RECEIVED - PLEASE SUBMIT HIGHEST & BEST BY 8PM 4/26/21 ** Don't miss out on this 2 unit income producing property. Unit 1 has 2 beds, 1 bath unit with a 1 car garage and is currently owner occupied. Unit 2 is a 2 bedroom with a den being used as a 3rd bedroom (could easily add a closet into garage space) and features a 2 car garage. Unit 2 is currently rented for $1,025. Great investment property - live for free while renting a unit out, enjoy related living or rent both units for additional income. Being sold as-is.

Last Agent to Sell the Property

Andy York

Realtopia Real Estate Inc License #475159909 Listed on: 04/24/2021

Realtopia Real Estate Inc

Last Buyer's Agent

Mithil Patel

HomeSmart Realty Group License #475162182

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,737

Year Built

  • Built in 1970

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 86x125

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Den
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Taft Grade Elementary School
  • Lockport Township High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units
  • Ranch Duplex

Building Details

  • Insurance Expense $1,237
  • Maintenance Expense $500
  • Gross Income $12,300
  • Net Operating Income $10,563

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,737

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Den
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 249900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Elementary School: Taft Grade School
  • High School: Lockport Township High School
  • Middle/Junior School District: 90

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 86X125
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 10563
  • Insurance Expense: 1237
  • GrossIncome: 12300
  • Maintenance Expense: 500
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6737.2
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
May 21, 2021
Sold by
Vonasch Eric J
Bought by
Carlson Nicole T
Seller's Agent
Andy York
Realtopia Real Estate Inc
Buyer's Agent
Mithil Patel
HomeSmart Realty Group
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$340,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,744
Avg. Annual Appreciation
7.13%
Original Mortgage
$200,000
Outstanding Balance
$184,214
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$150,527

Purchase Details

Listed on
Dec 15, 2014
Closed on
Mar 30, 2015
Sold by
Scialabba Louis and Scialabba Andrea
Bought by
Vonasch Eric J
Seller's Agent
Janet Connelly
Worth Clark Realty
Buyer's Agent
Joseph Magdaleno
Coldwell Banker Residential
List Price
$189,900
Sold Price
$178,500
Premium/Discount to List
-$11,400
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$169,575
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2005
Sold by
Scialabba Louis
Bought by
Scialabba Louis and Scialabba Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,750
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2005
Sold by
Prusa Ronald E and The Ronald E Prusa Family Trus
Bought by
Scialabba Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,750
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Carlson Nicole T $250,000 None Available
Vonasch Eric J $178,500 Barrister Title
Scialabba Louis -- --
Scialabba Louis $213,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Nicole T $200,000
Previous Owner Vonasch Eric J $169,575
Previous Owner Scialabba Louis $159,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $250,000 0.0% --
04/27/2021 04/27/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $249,900 +40.0% --
04/17/2015 04/17/15 Sold $178,500 -6.0% --
02/10/2015 02/10/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $189,900 -- --
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
2023 $8,758 $105,049 $20,776 $84,273
2022 $7,597 $93,253 $18,443 $74,810
2021 $7,219 $87,636 $17,332 $70,304
2020 $7,047 $84,754 $16,762 $67,992
2019 $6,737 $80,335 $15,888 $64,447
2018 $6,003 $70,752 $14,982 $55,770
2017 $5,632 $64,846 $13,731 $51,115
2016 $5,056 $57,552 $12,187 $45,365
2015 -- $53,165 $11,258 $41,907
2014 -- $52,122 $11,037 $41,085
2013 -- $61,320 $12,985 $48,335
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11042123

Midwest Real Estate Data (MRED)

APN: 04-26-209-048