NOT LISTED FOR SALE

Estimated Value: $410,000 - $701,017

5 Beds
3 Baths
3,147 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $209,000 $66 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $4,228/month

95 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bidet
  • Forced Air Heating System
  • Indian Trail Elementary School Rated A
  • Bungalow
  • Paved or Partially Paved Lot

About This Home

As of June 2014

Investment property in a wonderful location. Convenient to transportation, downtown Highland Park, and schools. Needs work and could be converted to a lovely single family home.

Last Agent to Sell the Property

Merle Feldstein

Berkshire Hathaway HomeServices Chicago License #475142645 Listed on: 11/08/2013

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Ann Bickmore

Coldwell Banker Realty License #475124097

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,130

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 50x182
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms
  • Bidet

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Indian Trail Elementary School
  • Elm Place Middle School
  • Highland Park High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,130

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1949
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Bathroom Amenities: Bidet
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Laundry Hook-Up,Cathedral Ceilings,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 245000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved

Schools

  • Elementary School: INDIAN TRAIL ELEMENTARY SCHOOL
  • High School: HIGHLAND PARK HIGH SCHOOL
  • Middle/Junior School: ELM PLACE SCHOOL
  • Middle/Junior School District: 112

Lot Info

  • Lot Dimensions: 50X182
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 9130
  • Tax Year: 2012

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2015
Sold by
Winter Lance and Winter Laurie
Bought by
Winter Family Trust
Current Estimated Value
$593,754

Purchase Details

Listed on
Nov 8, 2013
Closed on
Jun 3, 2014
Sold by
Shepard Ellyn C
Bought by
Winter Lance and Winter Laurie
Seller's Agent
Merle Feldstein
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Ann Bickmore
Coldwell Banker Realty
List Price
$285,000
Sold Price
$209,000
Premium/Discount to List
-$76,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%

Purchase Details

Closed on
Dec 31, 2002
Sold by
Nazarian Elizabeth and Nazarian Iszchan
Bought by
Shepard Ellyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
5.88%
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
Winter Family Trust -- None Available
Winter Lance $200,000 Specialty Title Service Inc
Shepard Ellyn C $390,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winter Lance S $333,750
Closed Winter Lance S $364,000
Previous Owner Shepard Ellyn C $388,000
Previous Owner Shepard Ellyn C $360,000
Previous Owner Shepard Ellyn C $351,000
Previous Owner Nazarian Iszchan $300,000
Previous Owner Nazarian Iszchan $23,504
Previous Owner Nazarian Elizabeth $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2014 06/06/14 Sold $209,000 -14.7% $66 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
01/29/2014 01/29/14 Price Changed $245,000 -7.5% $78 / Sq Ft
01/09/2014 01/09/14 Price Changed $265,000 -7.0% $84 / Sq Ft
11/08/2013 11/08/13 For Sale $285,000 -- $91 / 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 $11,389 $144,032 $53,197 $90,835
2023 $12,686 $129,829 $47,951 $81,878
2022 $12,686 $140,876 $52,677 $88,199
2021 $11,705 $136,178 $50,920 $85,258
2020 $11,326 $136,178 $50,920 $85,258
2019 $10,942 $135,541 $50,682 $84,859
2018 $11,354 $149,016 $56,032 $92,984
2017 $11,177 $148,157 $55,709 $92,448
2016 $10,789 $141,048 $53,036 $88,012
2015 $10,477 $131,049 $49,276 $81,773
2014 $9,379 $120,515 $47,865 $72,650
2012 $9,130 $121,218 $48,144 $73,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08484427

Midwest Real Estate Data (MRED)

APN: 16-23-106-007