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

Sale Details

Date Sold: October 2, 2014

Last sale price $405,000

83 Days on Market

Highlights

  • Tennis Courts
  • Brick or Stone Mason
  • Paved or Partially Paved Lot
  • Fenced Yard

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
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,494

Year Built

  • Built in 1970

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

Lot Details

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

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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 22, 2014
Closed on
Oct 2, 2014
Sold by
Bought by
Seller's Agent
Santos Velazquez
Home Owners Realty, Inc.
Buyer's Agent
Jerry Doetsch
Berkshire Hathaway HomeServices Chicago
List Price
$429,000
Sold Price
$405,000
Premium/Discount to List
-$24,000
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,900
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 19, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 None Listed On Document
$405,000 Ct
-- None Available
$273,000 Central Illinois Title Co
-- Attorneys Title Guaranty Fun
$431,000 1St American Title
$219,000 Intercounty Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $450,000
Closed $303,750
Previous Owner $387,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08623088

Midwest Real Estate Data (MRED)
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