NOT LISTED FOR SALE

Estimated Value: $588,000 - $749,978

8 Beds
3 Baths
3,206 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $565,000 $176 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,415/month

28 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Bathtub with Shower
  • Corner Lot
  • Porch
  • Laundry Room

About This Home

As of March 2023

Attention to the owner occupied buyer looking for a rare 3 family located in the heart of Elmhurst. With the current solid rental market, you can live for free and turn a profit each month with the additional rents. This property is located on a corner lot of Academy Ave. and Walton St., it has plenty of parking including daytime off street parking on both streets. The neighborhood is predominately made up of single family owner occupied homes. The 1st and 2nd floor units are of a similar layout and each unit consists of 3 bedrooms and 1 bath. The 1st floor unit has its own front door private entry. The 2nd floor unit has been remodeled and has a private 2nd floor porch to enjoy during the summer months. Both units have hardwood flooring. The 3rd floor unit is a 2 bed unit. Parking for 6+ vehicles in the driveway and in addition to the driveway parking, the property has an immaculate, solid built 2 car garage with garage door opener. The basement is prestine, open and spacious. The property offers many updates which include a 1 layer roof placed in 2020, the main drain sewer line was replaced less than 10 years ago, new main electrical meter line less than 6 years ago, lawn irrigation system and much more. Currently the 1st floor unit, basement and garage can be shown at anytime. The 2nd floor and 3rd floor units will require notice.

Last Agent to Sell the Property

Stephanie Corsetti

Alliance Real Estate Group LLC License #REB.0016742 Listed on: 01/16/2023

Last Buyer's Agent

Stephanie Corsetti

Alliance Real Estate Group LLC License #REB.0016742 Listed on: 01/16/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,284

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 3,206 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Water Heater

Community Details

  • 2 Buildings
  • 3 Units
  • Elmhurst/Pc Subdivision

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 90
  • Assessor Parcel Number 781ACADEMYAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,284

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Elmhurst/PC
  • Above Grade Finished Sq Ft: 3206.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Sprinkler System
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Gas, Oil, Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 781ACADEMYAVPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7283.76
  • Tax Lot: 90
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Mar 16, 2023
Sold by
Ajm Property Llc
Bought by
Bartel Alida J and Bartel Bruce D
Seller's Agent
Stephanie Corsetti
Alliance Real Estate Group LLC
Buyer's Agent
Stephanie Corsetti
Alliance Real Estate Group LLC
List Price
$539,900
Sold Price
$565,000
Premium/Discount to List
$25,100
4.65%
Current Estimated Value
$695,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,495
Avg. Annual Appreciation
10.21%
Original Mortgage
$416,250
Outstanding Balance
$406,795
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$310,206

Purchase Details

Closed on
Sep 30, 2022
Sold by
Carnevale Barbara
Bought by
Ajm Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2022
Sold by
Mendillo Joyce Est and Carnevale
Bought by
Ajm Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2021
Sold by
Carnevale Barbara
Bought by
Carnevale Barbara and Ventura Kevin
Source: Public Records

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
Bartel Alida J $565,000 None Available
Ajm Property Llc $202,500 None Available
Ajm Property Llc $202,500 None Available
Carnevale Barbara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartel Alida J $416,250
Previous Owner Ajm Property Llc $348,000
Previous Owner Mendillo Joyce $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $565,000 +4.6% $176 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $539,900 -- $168 / Sq Ft
Source: State-Wide MLS

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 $7,509 $409,200 $105,000 $304,200
2023 $7,509 $409,200 $105,000 $304,200
2022 $7,284 $409,200 $105,000 $304,200
2021 $6,985 $284,400 $82,600 $201,800
2020 $6,985 $284,400 $82,600 $201,800
2019 $6,985 $284,400 $82,600 $201,800
2018 $5,334 $166,900 $66,500 $100,400
2017 $5,334 $166,900 $66,500 $100,400
2016 $5,334 $166,900 $66,500 $100,400
2015 $4,823 $145,700 $66,500 $79,200
2014 $4,917 $145,700 $66,500 $79,200
2013 $4,917 $145,700 $66,500 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1328095

State-Wide MLS

APN: PROV-850090-000000-000000