NOT LISTED FOR SALE

801 Balmoral Dr East Dundee, IL 60118

Estimated Value: $350,000 - $380,000

4 Beds
2 Baths
-- Sq Ft
0.34 Acres

Last Sold March 16, 2016

Last sale price $197,000

Est. 85% increase in value since last sale

Current estimated payment $2,535/month

96 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of March 2016

This is a fantastic investment opportunity to own a charming brick duplex in historic East Dundee. Each unit offers 2 bedrooms and 1 bathroom along with eat-in kitchens and spacious living rooms plus access to 1 space in the garage. Unit A has been recently remodeled to include new carpeting, new flooring in the kitchen, and fresh paint! Live in one unit and rent the other!! Close to shopping, dining, bike trails, and parks!

Last Agent to Sell the Property

Scott Schier

Grid 7 Properties License #471003705 Listed on: 11/09/2015

Co-Listed By

Carriann Overheidt

Grid 7 Properties License #471020412

Last Buyer's Agent

Brian Knott

RE/MAX Horizon License #475142989

RE/MAX Horizon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,742

Year Built

  • Built in 1969

Lot Details

  • 0.34 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • Bonnie Dundee Terrace Subdivision

Building Details

  • Gross Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,742

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: Bonnie Dundee Terrace
  • Year Built: 1969
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Central Air Conditioner,Garage/Space

Exterior Features

  • ExteriorFeatures: Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 210000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • 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: Public

Schools

  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.34
  • Lot Dimensions: 14810
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 2000
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 5742.3
  • Tax Year: 2014
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2017
Sold by
Gonzalez Rachel C and Castro Victor
Bought by
Castro Victor
Current Estimated Value
$365,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,191
Outstanding Balance
$164,400
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$200,711

Purchase Details

Listed on
Nov 9, 2015
Closed on
Mar 16, 2016
Sold by
Weber Janet M
Bought by
Castro Victor and Gonzalez Rachel C
Seller's Agent
Scott Schier
Grid 7 Properties
Buyer's Agent
Brian Knott
RE/MAX Horizon
List Price
$210,000
Sold Price
$197,000
Premium/Discount to List
-$13,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$193,431
Interest Rate
4.4%
Mortgage Type
FHA
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
Castro Victor -- Attorney
Castro Victor $197,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Victor $197,191
Closed Castro Victor $193,431
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $197,000 -6.2% --
02/13/2016 02/13/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $210,000 -- --
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 $7,192 $99,394 $21,155 $78,239
2023 $6,768 $89,432 $19,035 $70,397
2022 $6,091 $77,028 $19,035 $57,993
2021 $5,845 $72,730 $17,973 $54,757
2020 $5,709 $71,095 $17,569 $53,526
2019 $5,567 $67,491 $16,678 $50,813
2018 $5,965 $69,889 $16,348 $53,541
2017 $5,652 $65,378 $15,293 $50,085
2016 $5,714 $56,550 $24,890 $31,660
2015 -- $52,989 $23,323 $29,666
2014 -- $51,526 $22,679 $28,847
2013 -- $53,103 $23,373 $29,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09083884

Midwest Real Estate Data (MRED)

APN: 03-24-301-005