$775,000
SOLD JUL 9, 2025
-- Bed
-- Bath
11,475 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

244% Above List Price

35 Days on Market

About This Home

As of July 2025

Large brick California style apartment building with 7 parking spaces. Originally renovated to be sold as condominiums, there are 13 total units with separate tax PIN's. Great mix of 3, 2 & 1 Bedroom units averaging approximately 725 SF. The building was built in 1964 and renovated in 2015 and the units feature dishwashers, microwaves, granite counter tops, wood floors and modern bathrooms and are in good shape. There is room for new ownership to add a common laundry room in a large storage area. There are 7 parkings spaces that are currently offered for free to the tenants on a first come first serve basis. Units have wall Sleeves for tenant supplied air conditioners. Don't miss out on this great value-add opportunity. Property is subject to Auction. Bidding begins May 5, 2025 and ends May 7, 2025. List price is the starting bid.

Last Agent to Sell the Property

Angelo Labriola

Sperry Van Ness License #475130926 Listed on: 04/04/2025

Sperry Van Ness

Last Buyer's Agent

Angelo Labriola

Sperry Van Ness License #475130926 Listed on: 04/04/2025

Sperry Van Ness

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,255

Year Built

  • Built in 1961

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 11,475 Sq Ft Home
  • 3-Story Property
  • Exterior Basement Entry

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 13 Units
  • Gross Income $155,040

Listing and Financial Details

  • Tenant pays for electricity, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,255

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1961
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,REO/Lender Owned
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 0
  • Dishwashers: 13
  • Refrigerators: 13
  • Ranges: 13
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.23
  • Lot Dimensions: 50 X 200
  • Lot Size Sq Ft: 10000
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 11475

Multi Family

  • GrossIncome: 155040
  • NumberOfUnitsTotal: 13
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 8255.39
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
Jul 9, 2025
Sold by
Wells Fargo Commercial Mortgage Securiti and Multifamily Mortgage Pass-Through Certif
Bought by
Sb 7635 Coles Llc
Seller's Agent
Angelo Labriola
Sperry Van Ness
Buyer's Agent
Angelo Labriola
Sperry Van Ness
List Price
$225,000
Sold Price
$775,000
Premium/Discount to List
$550,000
244.44%
Views
80
Current Estimated Value
$123,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$651,546
Original Mortgage
$780,000
Outstanding Balance
$723,581
Interest Rate
6.03%
Mortgage Type
Construction

Purchase Details

Closed on
May 29, 2020
Sold by
Nbfar Investment L L C
Bought by
U S Bank National Association and Registered Holders Of Wells Fargo Com Mt

Purchase Details

Closed on
May 27, 2020
Sold by
Ragan Jason
Bought by
Nbfar Investments L L C

Purchase Details

Closed on
Aug 12, 2014
Sold by
Equitybuild Inc
Bought by
Ragan Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2014
Sold by
Paper Street Group Llc
Bought by
Equitybuild Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2011
Sold by
Anchor Green Llc
Bought by
South Shore Investments Llc

Purchase Details

Closed on
Jun 17, 2010
Sold by
Walker Ventures Llc
Bought by
Anchor Green Llc

Purchase Details

Closed on
May 30, 2008
Sold by
Peak Enterprises Llc
Bought by
Walker Ventures Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $775,000 None Listed On Document
Special Warranty Deed -- Chicago Title
Warranty Deed -- Chicago Title
Warranty Deed $580,000 --
Warranty Deed $580,000 --
Warranty Deed $205,000 Cti
Quit Claim Deed $32,500 Cti
Quit Claim Deed $12,000 Cti
Legal Action Court Order $3,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $780,000 Construction
Previous Owner $995,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2025 07/09/25 Sold $775,000 +244.4% $68 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $225,000 -- $20 / 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
2025 $635 $7,720 $600 $7,120
2024 $635 $7,720 $600 $7,120
2023 $617 $3,000 $1,000 $2,000
2022 $617 $3,000 $1,000 $2,000
2021 $603 $2,999 $999 $2,000
2020 $1,116 $5,011 $719 $4,292
2019 $1,007 $5,011 $719 $4,292
2018 $724 $3,663 $719 $2,944
2017 $668 $3,103 $539 $2,564
2016 $964 $4,813 $539 $4,274
2015 $255 $1,389 $539 $850
2014 $304 $1,639 $359 $1,280
2013 $294 $1,615 $539 $1,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12329860

Midwest Real Estate Data (MRED)

APN: 21-30-404-044-1001