NOT LISTED FOR SALE

7907 Elm Ave Machesney Park, IL 61115

Estimated Value: $172,000 - $350,000

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold February 01, 2018

Last sale price $220,000

Est. 11% increase in value since last sale

Current estimated payment $1,528/month

85 Days on Market

About This Home

As of February 2018

GREAT! WELL MAINTAINED!! 2 RANCH DUPLEXES WITH 2 BEDROOMS EACH. SEPERATE UTILITIES OWNER PAYS WATER & SEWER. SECURITY LIGHT $144 WHICH LIGHTS UP AREA WELL. 7903: 13X10, LR 24X12, BED 14X13 & 13X13. EACH UNIT SIMILAR IN SIZE 900 SF. ALL WITH 100 AMP SERVICE, HARDWOOD FLOORS, LAUNDRY ROOM, STOVE, REFRIG, MICROWAVE. BOTH ROOFS NEW 2017, FURNACES NEWER, 8X8 SHED. INCLUDES 2ND BUILDING 7907 & 7909. BLACKTOP OFF STREET PARKING IN 2005. WONDERFUL RENTAL HISTORY. GOOD LIVE IN OWNER POTENTIAL TOO. THERE IS NOTHING TO DO, BUT COLLECT RENT!!! ITS' READY FOR YOU!!! SOLD AS PACKAGE WITH 7903

Last Agent to Sell the Property

Ursula Davidson

Keller Williams Realty Signature License #475100898 Listed on: 10/25/2017

Keller Williams Realty Signature

Last Buyer's Agent

John Murray

Key Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,492

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 100x150
  • Paved or Partially Paved Lot
  • Additional Parcels

Home Design

  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Schools

  • Machesney Elementary School
  • Harlem Middle School
  • Harlem High School

Additional Features

  • Crawl Space
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,492

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • List Price: 230000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved

Schools

  • Elementary School: MACHESNEY ELEMENTARY SCHOOL
  • High School: HARLEM HIGH SCHOOL
  • Middle/Junior School: HARLEM MIDDLE SCHOOL
  • Middle/Junior School District: 122

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.19
  • Lot Dimensions: 100X150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 11
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4492.22
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Feb 1, 2018
Sold by
Vining Leonard C and Vining Katherine A
Bought by
Randazzo Joseph
Seller's Agent
Ursula Davidson
Keller Williams Realty Signature
Buyer's Agent
John Murray
Key Realty Inc.
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Current Estimated Value
$243,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,667
Avg. Annual Appreciation
1.33%
Original Mortgage
$82,500
Outstanding Balance
$71,558
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$172,109
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
Randazzo Joseph $110,000 Title Underwriters Agency
Randazzo Joseph $110,000 Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randazzo Joseph $82,500
Closed Randazzo Joseph $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2018 02/01/18 Sold $220,000 -4.3% --
01/18/2018 01/18/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $230,000 -- --
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 $2,996 $37,630 $4,588 $33,042
2023 $2,884 $33,420 $4,075 $29,345
2022 $2,866 $30,482 $3,717 $26,765
2021 $2,675 $28,350 $3,457 $24,893
2020 $2,469 $27,005 $3,293 $23,712
2019 $2,553 $25,867 $3,154 $22,713
2018 $2,270 $21,054 $2,363 $18,691
2017 $2,275 $20,476 $2,298 $18,178
2016 $2,246 $20,068 $2,252 $17,816
2015 $2,233 $19,717 $2,213 $17,504
2014 $2,178 $19,717 $2,213 $17,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09786528

Midwest Real Estate Data (MRED)

APN: 08-31-202-017