NOT LISTED FOR SALE
14 Beds
-- Bath
8,182 Sq Ft
0.37 Acre Lot

Sale Details

Date Sold: December 21, 2020

Last sale price $540,000 $66 Per Sq Ft

87 Days on Market

Highlights

  • Brick or Stone Veneer
  • Freeburg Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

This wonderful investment opportunity is located in Freeburg! The all brick building featuring 10 residential units including (6) 1 bedroom units and (4) 2 bedroom units, all units have a washer and dryer hook-up. Many updates have been made, such as AC units, hot water heaters, new coping and flashing on TPO roof, and more. A 100% occupancy with several long term renters. Tenants pay for utilities other than trash. Freeburg school district!

Last Agent to Sell the Property

Rebecca DeMond

RE/MAX Preferred License #475131653 Listed on: 09/24/2020

RE/MAX Preferred

Last Buyer's Agent

Rebecca DeMond

RE/MAX Preferred License #475131653 Listed on: 09/24/2020

RE/MAX Preferred
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1972

Lot Details

  • 15,965 Sq Ft Lot
  • Rural Setting

Parking

  • Parking Lot

Home Design

  • 8,182 Sq Ft Home
  • Brick or Stone Veneer

Laundry

  • Laundry in unit

Schools

  • Freeburg Dist 70 Elementary And Middle School
  • Freeburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 10 Units
  • Low-Rise Community
  • The community has rules related to building or community restrictions

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 14-30.0-101-011

Property Details

Home Type

Apartment

Year Built

Built in 1972

Lot Details

0.37 Acres

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apt Bldg/Interior En
  • Cross Street: W Apple Street
  • Municipality Township: Freeburg
  • Special Description: No Exemptions
  • Age: 48
  • Ownership: Private
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Prvt Laund all units
  • Square Footage: 8182

Exterior Features

  • Construction: Fl Brick/Stn Veneer

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: FREEBURG DIST 70
  • Junior High School: FREEBURG DIST 70
  • School District: Freeburg DIST 70
  • Senior High School: Freeburg

Lot Info

  • Lot Dimensions: 0.3665 Acre
  • Lot Sq Ft: 15965
  • Location: Rural
  • Acres: 0.3665

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: All Utilities

Multi Family

  • Building Info: No Units Furnished, Restriction-Occupanc, Smoke/Alarm Detector
  • Building Number: 1
  • Gross Operating Income: 77460.00
  • Total Units: 10
  • Total Expenses: 12203.00

Tax Info

  • Taxes Paid: 12237
  • Assessor Parcel Number: 14-30.0-101-011

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
Sep 24, 2020
Closed on
Dec 21, 2020
Sold by
Bought by
Seller's Agent
Rebecca DeMond
RE/MAX Preferred
Buyer's Agent
Rebecca DeMond
RE/MAX Preferred
List Price
$620,000
Sold Price
$540,000
Premium/Discount to List
-$80,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Outstanding Balance
$400,920
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2008
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
$364,000
Interest Rate
6.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
Bought by
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
$540,000 First American Title
$515,000 First American Title
$455,000 Metro East Title Corporation
-- --
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 $459,000
Previous Owner $355,450
Previous Owner $364,000
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
12/21/2020 12/21/20 Sold $540,000 -12.9% $66 / Sq Ft
09/24/2020 09/24/20 For Sale $620,000 -- $76 / Sq Ft
Source: MARIS MLS

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
2024 $13,975 $167,144 $16,197 $150,947
2023 $13,680 $161,321 $15,633 $145,688
2022 $13,101 $151,163 $14,649 $136,514
2021 $12,691 $142,311 $13,791 $128,520
2020 $12,096 $129,466 $12,546 $116,920
2019 $12,236 $136,279 $12,968 $123,311
2018 $12,033 $134,477 $12,797 $121,680
2017 $11,507 $128,575 $12,235 $116,340
2016 $11,371 $123,227 $11,726 $111,501
2014 $10,295 $125,720 $12,032 $113,688
2013 -- $124,599 $11,925 $112,674
Source: Public Records

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Map

Source: MARIS MLS

MLS Number: MIS20069389

MARIS MLS

APN: 14-30-0-101-011

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