NOT LISTED FOR SALE

7331 Ogden Ave Lyons, IL 60534

Estimated Value: $250,000 - $327,354

4 Beds
2 Baths
1,290 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $335,000 $260 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,731/month

83 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Central Elementary School Rated A
  • Senior Tax Exemptions

About This Home

As of June 2023

All brick masonry, 2-Flat, Unit 1 w/3-Bdrms., 1/Bath w/Pot. rent $1500. Garden Unit w/1-Bdrm., 1-Bath w/Pot. rent $950. Shared laundry room in lower level. Roof 10yrs., new high efficiency HVAC system 2-3 yrs., 2 separate electric meters. Six-foot chain-link fence perfect for dog owners .2 1/2 car garage w/newer garage door / additional income. 2/ 4 parking spots in front of property available. Extra wide lot. Lot lines per survey. walking distance to grocery stores and public trans. Great investment property. One of a kind in the area.Seller will credit $3,500 at closing to the buyer to take over all village compliances per inspection.

Last Agent to Sell the Property

Nilo Peraica

Infiniti Properties, Inc. License #475125809 Listed on: 02/09/2023

Infiniti Properties, Inc.

Last Buyer's Agent

Jonathan Lopez

Realty of America, LLC License #475185756

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 35x120
  • Additional Parcels

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,940

Year Built

Built in 1958

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: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage Details: Garage Door Opener(s)
  • 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

  • Additional Parcels: Yes
  • Lot Dimensions: 35X120
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5940.02
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

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

Listed on
Feb 9, 2023
Closed on
Jun 22, 2023
Sold by
Infelise Agnes and Infelise Ottavio
Bought by
Castillo Miguel and Gracia Maria Kanna
Seller's Agent
Nilo Peraica
Infiniti Properties, Inc.
Buyer's Agent
Jonathan Lopez
Realty of America, LLC
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Views
448
Current Estimated Value
$281,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,911
Avg. Annual Appreciation
-6.78%
Original Mortgage
$284,750
Outstanding Balance
$277,946
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$3,143

Purchase Details

Closed on
Dec 9, 2005
Sold by
North Star Trust Co
Bought by
Infelise Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castillo Miguel $335,000 Proper Title
Infelise Agnes $312,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Miguel $284,750
Previous Owner Infelise Agnes $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Sold $335,000 +1.5% $260 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/25/2023 04/25/23 Price Changed $330,000 -2.7% $256 / Sq Ft
03/09/2023 03/09/23 Price Changed $339,000 -3.1% $263 / Sq Ft
02/09/2023 02/09/23 For Sale $350,000 -- $271 / 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 $3,109 $12,500 $2,519 $9,981
2023 $2,938 $12,500 $2,519 $9,981
2022 $2,938 $10,912 $2,194 $8,718
2021 $2,720 $10,911 $2,193 $8,718
2020 $2,946 $10,911 $2,193 $8,718
2019 $2,540 $10,030 $2,031 $7,999
2018 $2,964 $10,030 $2,031 $7,999
2017 $2,876 $10,030 $2,031 $7,999
2016 $3,155 $9,821 $1,787 $8,034
2015 $3,054 $9,821 $1,787 $8,034
2014 $3,018 $9,821 $1,787 $8,034
2013 $2,716 $9,691 $1,787 $7,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11715924

Midwest Real Estate Data (MRED)

APN: 15-36-414-005-0000