NOT LISTED FOR SALE

Estimated Value: $196,000 - $284,000

4 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: October 17, 2014

Last sale price $26,050

Est. 793% increase in value since last sale

Current estimated payment $1,573 / mo

68 Days on Market

Highlights

  • River Front
  • Porch
  • 5-minute walk to Legion Park

About This Home

As of October 2014

Riverfront Frame 2-story 2-unit. Investment opportunity. Walking distance to parks and public transportation. AS IS CONDITION. SELLER WILL NOT PROVIDE SURVEY OR TITLE. BUYER RESPONSIBLE FOR CITY INSPECTIONS AND VIOLATIONS, IF ANY.

Last Agent to Sell the Property

Jennifer Conte

RE/MAX Professionals Select License #471007847 Listed on: 07/16/2014

RE/MAX Professionals Select

Co-Listed By

Stuart Boswell

RE/MAX Professionals Select

Last Buyer's Agent

Michael Sims

Sims Commercial Real Estate Inc License #471008215

Sims Commercial Real Estate Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x107x32x107
  • River Front

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Additional Features

  • Porch
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • 2 Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Block
  • Lot Features: River Front
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X107X32X107
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2614.62
  • Tax Year: 2012
  • 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
Jul 16, 2014
Closed on
Oct 8, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Lu Michael and Lu Irene
Seller's Agent
Jennifer Conte
RE/MAX Professionals Select
Buyer's Agent
Michael Sims
Sims Commercial Real Estate Inc
List Price
$45,470
Sold Price
$26,050
Premium/Discount to List
-$19,420
-42.71%
Current Estimated Value
$232,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,699
Avg. Annual Appreciation
21.02%

Purchase Details

Closed on
Apr 1, 2014
Sold by
Mcginnis Timothy P and Mcginnis Marybeth
Bought by
Deutsche Bank National Trust Company and Harborview Mortgage Loan Trust 2005-9

Purchase Details

Closed on
Jan 30, 2014
Sold by
Mcginnis Timothy P and Mcginnis Marybeth
Bought by
Deutsche Bank National Association Trust

Purchase Details

Closed on
Mar 5, 2004
Sold by
Ronald J Orloff Llc
Bought by
Mcginnis Timothy P

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
4.29%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 8, 1994
Sold by
Groszek Charles H
Bought by
Liptak Dale V and Liptak Christine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 1994
Sold by
Sims Marc C and Sims Renee K
Bought by
Groszek Charles H
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
Lu Michael $26,050 Ct
Deutsche Bank National Trust Company $39,320 None Available
Deutsche Bank National Association Trust $39,320 None Available
Mcginnis Timothy P $82,000 Chicago Title Insurance
Ronald J Orloff Llc $61,000 Ctic
Liptak Dale V $58,000 --
Groszek Charles H $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcginnis Timothy P $80,000
Previous Owner Liptak Dale V $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $26,050 -26.6% --
09/22/2014 09/22/14 Pending -- -- --
08/21/2014 08/21/14 Price Changed $35,470 -12.4% --
07/26/2014 07/26/14 Price Changed $40,470 -11.0% --
07/16/2014 07/16/14 For Sale $45,470 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,835 $45,784 $5,957 $39,827
2023 $3,835 $40,679 $5,293 $35,386
2022 $3,398 $36,797 $4,788 $32,009
2021 $3,230 $34,367 $4,472 $29,895
2020 $3,064 $32,637 $4,247 $28,390
2019 $2,915 $30,332 $3,947 $26,385
2018 $2,793 $28,028 $3,647 $24,381
2017 $2,632 $25,483 $3,316 $22,167
2016 $2,522 $23,463 $3,040 $20,423
2015 -- $22,000 $2,850 $19,150
2014 -- $21,900 $2,850 $19,050
2013 -- $23,236 $3,193 $20,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08676434

Midwest Real Estate Data (MRED)

APN: 30-07-04-420-018

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