NOT LISTED FOR SALE
10 Beds
7 Baths
8,145 Sq Ft
6,300 Sq Ft Lot

Sale Details

Date Sold: January 8, 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

6,300 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: 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

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 2, 2013
Closed on
Jan 8, 2014
Sold by
Bought by
Seller's Agent
Barbara Hampton
EXIT Strategy Realty
Buyer's Agent
Gina Strahan
Royal Cedar Realty LLC
List Price
$260,000
Sold Price
$235,000
Premium/Discount to List
-$25,000
-9.62%

Purchase Details

Closed on
Feb 13, 2009
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
$220,000
Interest Rate
0.0491%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$235,000 Chicago Title Insurance Co
$260,000 Attorneys Title Guaranty Fun
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 $220,000
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
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

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 $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

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