NOT LISTED FOR SALE

75 Pine Ave Riverside, IL 60546

Estimated Value: $349,000 - $409,128

4 Beds
3 Baths
1,785 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $245,000 $137 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,621/month

14 Days on Market

Highlights

  • Cape Cod Architecture
  • 3-minute walk to Riverside Station
  • 4-minute walk to Guthrie Park
  • Central Elementary School Rated A
  • 2.5 Car Detached Garage

About This Home

As of August 2020

ABSOLUTE BARGAIN! Unbelievable Price! Priced LOW & Firm For Your Pre-APPROVED Buyer Who Wants A GREAT Deal On SUPER GRANDFATHERED 2 UNIT HOME In A Great Area of RIVERSIDE Hurry It Won't Last Long at This Low Low Price! 3 BED 1 BATH, 1 BED 1 BATH AND POSSIBLE 3rd UNIT GARDEN 1 AND 1 AND 2.5 CAR Garage, 1 BLOCK FORM DOWNTOWN RIVERSIDE Great Schools Don't Miss Out on This Golden OPPORTUNITY For A FANTASTIC DEAL In A Wonderful Area.

Last Agent to Sell the Property

Raymond Petric

RE/MAX Ultimate Professionals License #471009034 Listed on: 06/29/2020

Last Buyer's Agent

Nirmit Parekh

ARNI Realty Incorporated License #475188456

ARNI Realty Incorporated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,191

Year Built

  • Built in 1905

Lot Details

  • 6,447

Parking

  • 2.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Central Elementary School
  • L J Hauser Junior High School
  • Riverside Brookfield Twp Senior High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,200
  • Fuel Expense $1,200
  • Insurance Expense $1,300
  • Trash Expense $540
  • Water Sewer Expense $2,112
  • Gross Income $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,191

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 540
  • Water Sewer Expenses: 2112

Schools

  • Elementary School: Central Elementary School
  • High School: Riverside Brookfield Twp Senior
  • Middle/Junior School: L J Hauser Junior High School

Lot Info

  • Lot Dimensions: 6450
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Multi Family

  • Fuel Expense: 1200
  • Insurance Expense: 1300
  • ElectricExpense: 1200
  • GrossIncome: 2200
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 9191
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 20, 2020
Sold by
Torrison Ronald K and Torrison Mary Louise
Bought by
Connelly Christopher
Seller's Agent
Raymond Petric
RE/MAX Ultimate Professionals
Buyer's Agent
Nirmit Parekh
ARNI Realty Incorporated
List Price
$174,900
Sold Price
$245,000
Premium/Discount to List
$70,100
40.08%
Current Estimated Value
$389,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,282
Avg. Annual Appreciation
9.08%
Original Mortgage
$208,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2001
Sold by
Torrison Gerald E
Bought by
Torrison Ronald K and Torrison Mary Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.14%
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
Connelly Christopher $245,000 Lakeland Title Services
Torrison Ronald K $102,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connelly Christopher $208,250
Previous Owner Torrison Ronald K $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $245,000 0.0% $137 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/13/2020 07/13/20 Price Changed $245,000 +40.1% $137 / Sq Ft
06/29/2020 06/29/20 For Sale $174,900 -- $98 / 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 $6,982 $28,756 $6,611 $22,145
2023 $10,272 $24,500 $6,611 $17,889
2022 $10,272 $26,818 $5,805 $21,013
2021 $9,870 $26,818 $5,805 $21,013
2020 $9,547 $26,818 $5,805 $21,013
2019 $9,469 $26,903 $5,321 $21,582
2018 $9,191 $26,903 $5,321 $21,582
2017 $8,893 $26,903 $5,321 $21,582
2016 $7,824 $22,217 $4,676 $17,541
2015 $7,645 $22,217 $4,676 $17,541
2014 $7,514 $22,217 $4,676 $17,541
2013 $9,118 $29,228 $4,676 $24,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10763744

Midwest Real Estate Data (MRED)

APN: 15-35-406-014-0000