NOT LISTED FOR SALE
8 Beds
6 Baths
-- Sq Ft
1970 Built

Last Sold October 02, 2014

Last sale price $405,000

83 Days on Market

Highlights

  • Tennis Courts
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Palatine High School Rated A
  • Brick or Stone Mason

About This Home

As of October 2014

Completely updated, 3 flat in desirable quiet neighborhood is in surrounded by single family homes. Each apartment has been completely updated with top of the line appliances and granite counters in the large eat in kitchens. Master bedroom have en suite baths, new windows and roof. Close to shopping and transportation.

Last Agent to Sell the Property

Santos Velazquez

Home Owners Realty, Inc. License #471009771 Listed on: 05/22/2014

Last Buyer's Agent

Jerry Doetsch

Berkshire Hathaway HomeServices Chicago License #471001517

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,494

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 50x116
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Brick or Stone Mason
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 6 Bathrooms
  • Low Flow Toliet

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Lincoln Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Recreation

  • Tennis Courts

Building Details

  • Gross Income $44,273
  • Net Operating Income $32,659

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,494

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Tennis Courts, Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 11613

Schools

  • Elementary School: LINCOLN ELEMENTARY SCHOOL
  • High School: PALATINE HIGH SCHOOL
  • Middle/Junior School: WALTER R SUNDLING JUNIOR HIGH SC

Green Features

  • GreenEnergyEfficient: Low flow commode, Low flow fixtures

Lot Info

  • Lot Dimensions: 50X116
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 32659
  • GrossIncome: 44273
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 8494.33
  • Tax Year: 2012
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2014 10/02/14 Sold $405,000 -5.6% --
08/13/2014 08/13/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $429,000 -- --
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
2025 $15,099 $63,000 $4,350 $58,650
2024 $15,099 $51,000 $3,770 $47,230
2023 $14,607 $51,000 $3,770 $47,230
2022 $14,607 $51,000 $3,770 $47,230
2021 $12,683 $39,053 $3,190 $35,863
2020 $12,494 $39,053 $3,190 $35,863
2019 $12,978 $45,253 $3,190 $42,063
2018 $11,039 $35,522 $2,900 $32,622
2017 $11,584 $37,995 $2,900 $35,095
2016 $10,773 $37,995 $2,900 $35,095
2015 $8,161 $26,561 $2,610 $23,951
2014 $9,171 $30,216 $2,610 $27,606
2013 $8,937 $30,216 $2,610 $27,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08623088

Midwest Real Estate Data (MRED)