NOT LISTED FOR SALE

1004 Emeline St Normal, IL 61761

Estimated Value: $200,654 - $229,000

4 Beds
4 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold January 23, 2020

Last sale price $125,000

Est. 71% increase in value since last sale

Current estimated payment $1,371/month

161 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of January 2020

Duplex in quiet neighborhood in Normal. Makes for a great investment property. Building has an upper and lower unit, 2 bed, 1.5 bath. Both with an interior entrance and exterior entrance. Fully leased at $700/unit. Tenant's pay all utilities. There is a 2-car garage with one stall for each tenant, separated with a wall between stalls. Large corner lot. Tenants have been in property since 2017.

Last Agent to Sell the Property

Meghan O'Neal-Rogozinski

AXIS 360 LLC* License #471022024 Listed on: 05/06/2019

Co-Listed By

Monica Washington

Coldwell Banker Real Estate Group License #475160743

Last Buyer's Agent

Becky Gerig

RE/MAX Choice License #475132489

RE/MAX Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,871

Year Built

  • Built in 1994

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 117x82
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Oakdale Elementary School
  • Parkside Jr High Middle School
  • Normal Community West High Schoo

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,667
  • Gross Income $16,800
  • Net Operating Income $10,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,871

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1994
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Garage/Space
  • MRD_AppliancesAndFeatures: Garage/Space

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Oakdale Elementary
  • High School: Normal Community West High Schoo
  • Middle/Junior School: Parkside Jr High

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 117X82
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Multi Family

  • Net Operating Income: 10262
  • Insurance Expense: 1667
  • GrossIncome: 16800
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4871
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Jan 4, 2020
Sold by
Trabb Pardo Luis and Hilfinger Sharmon Jane
Bought by
Andrews Mark I and Andrews Susan E
Seller's Agent
Meghan O'Neal-Rogozinski
AXIS 360 LLC*
Buyer's Agent
Becky Gerig
RE/MAX Choice
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%
Current Estimated Value
$214,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,164
Avg. Annual Appreciation
9.45%
Original Mortgage
$106,250
Outstanding Balance
$73,358
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$140,806
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Andrews Mark I $125,000 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Mark I $106,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2020 01/23/20 Sold $125,000 -7.4% --
10/14/2019 10/14/19 Pending -- -- --
07/10/2019 07/10/19 Price Changed $135,000 -5.6% --
05/28/2019 05/28/19 Price Changed $143,000 -4.7% --
05/06/2019 05/06/19 For Sale $150,000 +11.1% --
12/08/2017 12/08/17 Sold $135,000 -10.0% -- View Prior Sale
11/16/2017 11/16/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $150,000 -- --
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
2024 $3,026 $55,241 $13,147 $42,094
2022 $3,026 $44,687 $10,635 $34,052
2021 $2,866 $42,162 $10,034 $32,128
2020 $3,398 $41,724 $9,930 $31,794
2019 $4,926 $54,873 $9,877 $44,996
2018 $4,871 $54,292 $9,772 $44,520
2017 $4,698 $54,292 $9,772 $44,520
2016 $4,647 $54,292 $9,772 $44,520
2015 $4,521 $53,020 $9,543 $43,477
2014 $4,465 $53,020 $9,543 $43,477
2013 -- $53,020 $9,543 $43,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10371773

Midwest Real Estate Data (MRED)

APN: 14-32-228-017