NOT LISTED FOR SALE
11 Beds
6 Baths
-- Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: September 30, 2021

Last sale price $517,500

11 Days on Market

Highlights

  • Laundry Room
  • Heating Available
  • 4-minute walk to Jordan Park
  • Storage Room

About This Home

As of September 2021

Brick Colonial 6 Flat on a Cul-De-Sac street. Cap Rate of 6.5%. Five 2 bed, 1 bath units, and one 1 bed, 1 bath. The property is in excellent condition featuring a newer roof, gutters, siding, windows (3rd & 1st-floor apts.), water heaters, stairs, doors, flooring (within last five years). 9 exterior parking spaces plus coin laundry. Electric heat building with AC wall units. The tenant pays for electricity and cable. **Rental income is projected for three units. One unit is owner-occupied, two other units are currently being marketed as tenants are leaving and new tenants are expected by September.**

Last Agent to Sell the Property

Crystal Tran

@properties Christie's International Real Estate License #475156694 Listed on: 08/09/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Ben Li

Ben Li License #471017942

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,795

Year Built

  • Built in 1978

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 97.50 x 110

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Storage Room
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $780
  • Insurance Expense $4,572
  • Manager Expense $1,212
  • Other Expense $1,500
  • Trash Expense $1,488
  • Water Sewer Expense $2,220
  • Operating Expense $22,379
  • Gross Income $60,600
  • Net Operating Income $37,009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,795

Year Built

Built in 1978

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1978
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Basement Description: None
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Misc Inside: Storage Inside,Laundry Room
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: Public Road, Signal Intersection
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Pitched

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Heat/Ventilation: Electric
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Manager Expense: 1212

Fee Information

  • Trash Expense: 1488
  • Water Sewer Expenses: 2220
  • Operating Expense Includes: Maintenance Grounds,Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.24
  • Lot Dimensions: 97.50 X 110

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 8

Multi Family

  • Net Operating Income: 37009
  • Insurance Expense: 4572
  • ElectricExpense: 780
  • GrossIncome: 60600
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 22379
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8795
  • Tax Year: 2020

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

Listed on
Aug 9, 2021
Closed on
Sep 22, 2021
Sold by
Bought by
Seller's Agent
Crystal Tran
@properties Christie's International Real Estate
Buyer's Agent
Ben Li
Ben Li
List Price
$570,000
Sold Price
$517,500
Premium/Discount to List
-$52,500
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,400
Outstanding Balance
$188,854
Interest Rate
2.8%
Mortgage Type
New Conventional
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
$517,500 Fidelity National 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
Open $337,400
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
09/30/2021 09/30/21 Sold $517,500 -9.2% --
08/21/2021 08/21/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $570,000 -- --
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 $13,098 $159,984 $22,275 $137,709
2024 $10,746 $129,759 $22,275 $107,484
2023 $9,871 $119,988 $22,275 $97,713
2022 $8,572 $99,990 $22,275 $77,715
2021 $8,624 $99,990 $22,275 $77,715
2020 $8,795 $99,990 $22,275 $77,715
2019 $8,888 $99,990 $22,275 $77,715
2018 $8,916 $99,990 $22,275 $77,715
2017 $8,975 $99,990 $22,275 $77,715
2016 $8,956 $99,990 $22,275 $77,715
2015 $9,071 $99,990 $22,275 $77,715
2014 $8,711 $99,990 $22,275 $77,715
2013 -- $99,990 $22,275 $77,715
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11184206

Midwest Real Estate Data (MRED)
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