NOT LISTED FOR SALE

Estimated Value: $270,000 - $392,000

6 Beds
5 Baths
-- Sq Ft
5,401 Sq Ft Lot

Last Sold May 12, 2016

Last sale price $195,000

Est. 72% increase in value since last sale

Current estimated payment $2,395/month

81 Days on Market

About This Home

As of May 2016

Great Investment Opportunity! 5 units - lower level walk-out unit is over 1,700 sq ft with 2 bedrooms, large living room/dining room combo, family room and kitchen with walk-in pantry. Full bath has whirlpool tub. Lower level unit has central air and gas forced air heat. 4 upper units are all 1 bedroom/1 bath and are all rented. Building has been well maintained. Newer vinyl siding and roof. Tenants pay own heat and electric/separate meters. There is a carport in the back with 5 spots. Adjoining lot with shed is included in the price. Separate PIN 15-28-156-023. Taxes reflect senior freeze and exemption and is total for both parcels. Monthly rental amounts are priced well below market and tenants do not have leases. West Aurora schools. Close to Fox River and park.

Last Agent to Sell the Property

Leslie Prevett

Miscella Real Estate License #475154184 Listed on: 01/08/2016

Miscella Real Estate

Last Buyer's Agent

Melissa Garcia

Legacy Properties License #475133418

Property Details

Home Type

  • Multi-Family

Year Built

  • 1915

Lot Details

  • 5,401

Home Design

  • Vinyl Siding

Additional Features

  • Exterior Basement Entry
  • Central Air

Community Details

  • Insurance Expense $2,439

Listing and Financial Details

  • Tenant pays for electric, heat, hot water

Property Details

Home Type

Multi-Family

Year Built

1915

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2015
  • Net Oper Income: 11849
  • Outdoor Parking: 1-5 Spaces
  • Total Annual Exp: 8551
  • Total Annual Income: 20400
  • Total Monthly Income: 1700
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 3
  • Estimated Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1915

Interior Features

  • Basement: Finished, Exterior Access

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Construction: Wood Frame
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Gas, Separate Per Unit
  • Water Expense: 2712

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electrical Service: Fuses, Separate Meters

Lot Info

  • Lot Dimensions: 41X137
  • Lot Sq Ft: 5660
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 1528156022

Rental Info

  • Gross Rental Income: 20400
  • Tenant Pays: Electric, Heat, Hot Water

Multi Family

  • Expense Year: 2015
  • Insurance Expense: 2439
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 1840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2016
Closed on
May 12, 2016
Sold by
Mangina Gary
Bought by
Klimpke Properties Inc
Seller's Agent
Leslie Prevett
Miscella Real Estate
Buyer's Agent
Melissa Garcia
Legacy Properties
List Price
$249,000
Sold Price
$195,000
Premium/Discount to List
-$54,000
-21.69%
Current Estimated Value
$335,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,940
Avg. Annual Appreciation
5.80%
Original Mortgage
$165,070
Outstanding Balance
$131,064
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,876

Purchase Details

Closed on
May 20, 2014
Sold by
Mangina Jeanette J
Bought by
Mangina Jeanette J and Mangina Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Klimpke Properties Inc $195,000 Chicago Title
Mangina Jeanette J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klimpke Properties Inc $165,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $195,000 -21.7% --
03/29/2016 03/29/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $249,000 -- --
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 $7,660 $96,737 $6,128 $90,609
2023 $7,403 $86,434 $5,475 $80,959
2022 $6,981 $78,863 $4,995 $73,868
2021 $6,708 $73,422 $4,650 $68,772
2020 $6,384 $68,198 $4,319 $63,879
2019 $6,179 $63,188 $4,002 $59,186
2018 $5,962 $59,722 $3,702 $56,020
2017 $5,797 $56,329 $3,411 $52,918
2016 $4,748 $55,692 $2,924 $52,768
2015 -- $50,125 $2,514 $47,611
2014 -- $53,189 $2,310 $50,879
2013 -- $52,361 $2,207 $50,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09113601

Midwest Real Estate Data (MRED)

APN: 15-28-156-022