NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: May 31, 2018

Last sale price $607,500 $0 Per Sq Ft

7 Days on Market

About This Home

As of May 2018

Great investment opportunity with easy highway access. This property features three 2 bed 1 bath units and three 1 bed 1 bath units. Some units living rooms hardwood floors in wonderful condition and some with carpet also in great condition. All bedrooms are carpeted. 9 parking spaces included with the building. Each unit is separately metered for electric service. Coin-op laundry in building. Roof is approximately 10 years old. Water heater is approximately 8 years old.

Last Agent to Sell the Property

Pam Saul

Realty ONE Group Karmma License #471022176 Listed on: 04/09/2018

Last Buyer's Agent

Bob Petrich

Boardwalk Commercial Real Estate Corporation License #471000390

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 7,405

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $2,252
  • Insurance Expense $2,670

Listing and Financial Details

  • Tenant pays for electric
  • $1,500 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 47024
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1339
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Scavenger Expense: 1717
  • Total Annual Exp: 24700
  • Total Annual Income: 70320
  • Total Monthly Income: 5977
  • Unincorporated: Yes
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1968
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1968

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.17
  • Construction: Brick
  • Frontage Access: Public Road

Garage/Parking

  • Number Of Parking Spaces: 9

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Gas, Hot Water
  • Water Expense: 4945

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 378
  • Janitor Expense: 750

Lot Info

  • Lot Dimensions: 80X97
  • Land Amenities: Lighting/Exterior, Security Entrance
  • Parcel Identification Number: 09153070870000

Rental Info

  • Gross Rental Income: 71725
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 2252
  • Insurance Expense: 2670
  • Other Expenses: 112
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 12619

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
Apr 9, 2018
Closed on
May 31, 2018
Sold by
G A P Investment Properties Llc 8811 Dee
Bought by
Seller's Agent
Pam Saul
Realty ONE Group Karmma
Buyer's Agent
Bob Petrich
Boardwalk Commercial Real Estate Corporation
List Price
$590,000
Sold Price
$607,500
Premium/Discount to List
$17,500
2.97%

Purchase Details

Listed on
Feb 22, 2015
Closed on
Jun 12, 2015
Sold by
Dinkha Properties Llc
Bought by
G A P Investment Properties Llc
Seller's Agent
Mira Mazur
Mazur Realty USA Inc.
Buyer's Agent
Scott Shapiro
eXp Realty
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$367,500
Interest Rate
4.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 1993
Sold by
Lasalle National Trust Na
Bought by
Basista John F and Basista Virginia A
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
$607,500 Ata National Title Group Llc
G A P Investment Properties Llc $490,000 Fidelity National Title
Basista John F -- --
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
Previous Owner $367,500
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 Prior Sale
05/31/2018 05/31/18 Sold $607,500 +3.0% --
04/16/2018 04/16/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $590,000 +20.4% --
06/19/2015 06/19/15 Sold $490,000 -6.7% -- View Prior Sale
04/16/2015 04/16/15 Pending -- -- --
02/22/2015 02/22/15 For Sale $525,000 -- --
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 $335 $2,634
2024 $316 $2,509
2023 $316 $11,360 $2,270 $9,090
2022 $306 $7,510 $1,500 $6,010
2021 $310 $6,430 $1,280 $5,150
2020 $302 $6,420 $1,280 $5,140
2019 $297 $4,920 $980 $3,940
2018 $289 $3,380 $670 $2,710
2017 $288 $3,130 $620 $2,510
2016 $282 $3,980 $790 $3,190
2015 $261 $3,350 $670 $2,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09910408

Midwest Real Estate Data (MRED)
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