NOT LISTED FOR SALE

Estimated Value: $119,000 - $197,000

4 Beds
2 Baths
1,772 Sq Ft
$84/Sq Ft Est. Value

Sale Details

Date Sold: March 5, 2021

Last sale price $87,000 $49 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $934 / mo

16 Days on Market

Highlights

  • Bungalow
  • Property is near bus stop
  • East or West Exposure

About This Home

As of March 2021

Attention all investors! Do we have an opportunity for you on this. Priced way below market value and ready for a quick sale. This property is corporate owned and used as a rental unit. There's currently a HCV (Section 8) renter who has been there for three years. Great tenant, any investor would be happy to own this guaranteed money maker. This property is being rented at $1400 a month. Get about a 17% cap rate on a cash for cash investment And with today's rates and a 40% cap rate with a conventional investment loan on the initial investment of 25% down payment. This property has 4 bedrooms, 2 full bathrooms and a full finished basement. This home was a full gut rehab inside and out with brand new everything, from hvac, roof, windows, appliances and more. Was also recently updated in 2017. This is one of three listed properties 6830 S. Prairie, 7145 S. Maplewood and 7632 Rhodes. Seller may consider a package deal if someone was interested in all three.

Last Agent to Sell the Property

Ed Abed

HomeSmart Realty Group License #475166418 Listed on: 01/19/2021

HomeSmart Realty Group

Last Buyer's Agent

George Filippidis

Delta Realty, Corp. License #471020824

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1920 | 2017

Lot Details

  • 3,920

Home Design

  • Bungalow
  • Brick Exterior Construction

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Finished Basement Bathroom
  • East or West Exposure
  • Property is near bus stop

Home Details

Home Type

Single Family

Year Built | Renovated

1920 | 2017

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 1 Story
  • Estimated Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920
  • Year Renovated: 2017

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 10X15, On Level: Main Level
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 13X11, On Level: Main Level
  • Kitchen Type: Dimensions: 11X17, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X9, On Level: Main Level
  • Bedroom 2: Dimensions: 13X9, On Level: Main Level
  • Bedroom 3: Dimensions: 13X9, On Level: Main Level
  • Bedroom 4: Dimensions: 14X9, On Level: Lower
  • Estimated Sq Ft: 1772

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exposure: E (East)
  • Acreage: 0.0999

Utilities

  • Electricity: Circuit Breakers
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25 X 125
  • Parcel Identification Number: 20223090320000

Tax Info

  • Taxes: 2681.17

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 4, 2021
Sold by
Bought by
Seller's Agent
Ed Abed
HomeSmart Realty Group
Buyer's Agent
George Filippidis
Delta Realty, Corp.
List Price
$90,000
Sold Price
$87,000
Premium/Discount to List
-$3,000
-3.33%
Current Estimated Value
$148,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,413
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
Nov 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
7.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$87,000 Greater Illinois Title
-- None Available
$13,500 Fidelity Natl Title Ins Co
-- None Available
$148,500 Pntn
$15,000 Git
-- Git
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $152,250
Previous Owner $118,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $87,000 -3.3% $49 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $90,000 -- $51 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,497 $9,365 $5,438 $3,927
2024 $1,497 $9,365 $5,438 $3,927
2023 $1,460 $7,098 $5,438 $1,660
2022 $1,460 $7,098 $5,438 $1,660
2021 $1,427 $7,097 $5,437 $1,660
2020 $2,675 $12,010 $5,437 $6,573
2019 $2,681 $13,345 $5,437 $7,908
2018 $2,636 $13,345 $5,437 $7,908
2017 $2,042 $9,486 $4,785 $4,701
2016 $1,900 $9,486 $4,785 $4,701
2015 $1,940 $10,587 $4,785 $5,802
2014 $1,754 $9,451 $3,915 $5,536
2013 $1,719 $9,451 $3,915 $5,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10973978

Midwest Real Estate Data (MRED)

APN: 20-22-309-032-0000

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