NOT LISTED FOR SALE
10 Beds
7 Baths
8,145 Sq Ft
1931 Built

Last Sold January 08, 2014

Last sale price $235,000 $29 Per Sq Ft

225 Days on Market

About This Home

As of January 2014

Deal fell thru. Solid 6-Unit Bldg in stable Chatham area. Quite, well-kept area, close to trans & shopping. Consists of THREE/1 large bdrms and THREE large /2bdrms. Updated heating system,new porch, new storm windows where needed. FIVE updated kitchens. Fully occupied. Bldg well maintained. Good income stream. BUYERS required to provide proof of funds or commitment letter for showings. Sold "AS IS"

Last Agent to Sell the Property

Barbara Hampton

EXIT Strategy Realty License #475138357 Listed on: 04/02/2013

EXIT Strategy Realty

Last Buyer's Agent

Gina Strahan

Royal Cedar Realty LLC License #475147789

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 1931

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,145 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Fire and Smoke Detector
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $5,487
  • Maintenance Expense $1,400
  • Trash Expense $1,058
  • Operating Expense $27,342
  • Gross Income $48,986
  • Net Operating Income $21,644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,223

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1931
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Special Instructions,48-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: 7
  • Total Bedrooms: 10
  • Possible Use: Multi-Family
  • Basement Description: Partially Finished
  • Fire Protection: Smoke or Fire Protectors
  • Misc Inside: Storage Inside
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Tar and Gravel
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: Other
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Utilities: Water-Municipal
  • Heat/Ventilation: Gas,Radiators

Fee Information

  • Trash Expense: 1058

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 125
  • Lot Size Sq Ft: 6300
  • Zoning: MULTI
  • Land Amenities: Lighting/Exterior,Security Entrance,Sidewalks,Other
  • Alternate Phone Number: (773) 406-9717

Rental Info

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

Building Info

  • BuildingAreaTotal: 8145

Multi Family

  • Net Operating Income: 21644
  • Insurance Expense: 5487
  • GrossIncome: 48986
  • Maintenance Expense: 1400
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 27342
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 4223
  • Tax Year: 2011
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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
01/08/2014 01/08/14 Sold $235,000 -9.6% $29 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $260,000 -- $32 / Sq Ft
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
2025 $5,064 $32,900 $4,725 $28,175
2024 $5,064 $32,900 $4,725 $28,175
2023 $4,936 $24,000 $7,875 $16,125
2022 $4,936 $24,000 $7,875 $16,125
2021 $4,826 $24,000 $7,875 $16,125
2020 $4,227 $18,975 $5,670 $13,305
2019 $4,332 $21,563 $5,670 $15,893
2018 $4,259 $21,563 $5,670 $15,893
2017 $5,060 $23,504 $5,040 $18,464
2016 $4,708 $23,504 $5,040 $18,464
2015 $4,307 $23,504 $5,040 $18,464
2014 $4,868 $26,238 $4,410 $21,828
2013 $4,772 $26,238 $4,410 $21,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08306057

Midwest Real Estate Data (MRED)

APN: 20353080050000