NOT LISTED FOR SALE

Estimated Value: $352,355 - $523,000

8 Beds
2 Baths
2,716 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $288,000 $106 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,135/month

9 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • Patio
  • Property is near public transit
  • Thermal Windows
  • 2-minute walk to Wood Park

About This Home

As of November 2021

70-72 Benham! Ideal 2 Family home situated in a centrally located neighborhood which is convenient to colleges and universities, shopping and major thoroughfares ! Perfect for investors or first time buyers. ( Have your tenant pay your mortgage!) Over 2,900 square feet between the 2 apartments. 2nd floor apartment has 5 bedrooms! Furnaces, water heaters and electrical panels have been upgraded. This listing will not last long - book a showing A.S.A.P!!!

Last Listed By

Jim Brown

BHGRE Gaetano Marra Homes License #RES.0804540 Listed on: 10/08/2021

BHGRE Gaetano Marra Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,338

Year Built

  • Built in 1882

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Fruit Trees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,716 Sq Ft Home
  • Thermal Windows
  • Awning
  • Concrete Flooring
  • Storm Doors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,338

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Neighborhood: West End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2716
  • Public Record Living Room Sq Ft: 2716
  • Total Sq Ft: 2716
  • Year Built: 1882
  • Nearby Amenities: Basketball Court, Commuter Bus, Medical Facilities, Park, Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3989
  • Directions: Park Avenue to Benham towards Wood Avenue-Wood Avenue to Benham nearest Cross Street is Norman
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor, Interior Access
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No
  • Street Number Modifier: 70

Exterior Features

  • Exterior Features: Awnings, Fruit Trees, Gutters, Patio, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Heat Type: Baseboard, Hot Air, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 700

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RB

Multi Family

  • Gross Annual Income: 36000
  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6338
  • Total Assessed Value: 145870
  • Mil Rate Base: 43.450
  • Mil Rate Total: 43.450
  • Assessor Parcel Number: 17999

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 19, 2021
Sold by
Majlak Charles
Bought by
Brown Fallon D and Fallon-Dunn Brown
Seller's Agent
Jim Brown
BHGRE Gaetano Marra Homes
Buyer's Agent
Carl Thorsen
William Raveis Real Estate
List Price
$279,900
Sold Price
$288,000
Premium/Discount to List
$8,100
2.89%
Total Days on Market
9
Current Estimated Value
$465,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,339
Avg. Annual Appreciation
14.65%
Original Mortgage
$282,783
Outstanding Balance
$260,730
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$204,609

Purchase Details

Closed on
Aug 6, 2012
Sold by
Majlak Charles
Bought by
Majlak Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2010
Sold by
Hernansky Margarita
Bought by
Majlak Charles

Purchase Details

Closed on
Feb 7, 2006
Sold by
Sokira Mary
Bought by
Hernandez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,700
Interest Rate
6.31%

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
Brown Fallon D $288,000 None Available
Brown Fallon D $288,000 None Available
Majlak Charles -- --
Majlak Charles -- --
Majlak Charles $45,000 --
Majlak Charles $45,000 --
Hernandez Margarita $250,900 --
Hernandez Margarita $250,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Fallon D $282,783
Closed Brown Fallon D $282,783
Previous Owner Hernandez Margarita $127,500
Previous Owner Hernandez Margarita $200,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $288,000 +2.9% $106 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $279,900 -- $103 / Sq Ft
Source: SmartMLS

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 $6,356 $146,280 $46,120 $100,160
2023 $6,356 $146,280 $46,120 $100,160
2022 $6,338 $145,870 $46,120 $99,750
2021 $6,338 $145,870 $46,120 $99,750
2020 $5,923 $109,710 $27,960 $81,750
2019 $5,923 $109,710 $27,960 $81,750
2018 $5,965 $109,710 $27,960 $81,750
2017 $5,965 $109,710 $27,960 $81,750
2016 $5,965 $109,710 $27,960 $81,750
2015 $6,522 $154,540 $42,290 $112,250
2014 $6,522 $154,540 $42,290 $112,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170442219

SmartMLS

APN: BRID-001122-000009