NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
9,801 Sq Ft Lot

Last Sold October 23, 2017

Last sale price $414,000

110 Days on Market

About This Home

As of October 2017

Several parcels including two multi-family buildings, one single family residence, and two parcels of vacant land. 1004 & 1006 S. College is composed of 13 units leasing between $450 and $600. Mix of two-bed and one-bed units. 218 W. Scarritt Street is a three-bed home leasing for $750. Corner lot is included with this sale. NOI at full occupancy: $67,307. Currently all leased but one unit. CAP Rate at full occupancy: 14.96%. Tax ID #s:14330477037, 14330477006, 14330477004, 14330477038. Listing Broker has a financial interest in this property.

Last Agent to Sell the Property

Ronald Duff

RE/MAX Professionals License #471001747 Listed on: 12/07/2016

RE/MAX Professionals

Last Buyer's Agent

Michael Oldenettel

The Real Estate Group, Inc. License #471005024

The Real Estate Group, Inc.

Property Details

Property Type

Other

Est. Annual Taxes

$13,756

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Multi-Family
  • Special Features: None
  • Property Sub Type: Other

Lot Info

  • Zoning: S-2
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Mpr Properties Llc
Bought by
Anderson Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2016
Closed on
Oct 19, 2017
Sold by
Roberts Michael P and Roberts Bonnie L
Bought by
Mpr Properties Llc
Seller's Agent
Ronald Duff
RE/MAX Professionals
Buyer's Agent
Michael Oldenettel
The Real Estate Group, Inc.
List Price
$475,000
Sold Price
$414,000
Premium/Discount to List
-$61,000
-12.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,366
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2017
Sold by
Perks Samual J
Bought by
Roberts Michael P and Roberts Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,200
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2014

Purchase Details

Closed on
Nov 13, 1997

Purchase Details

Closed on
Aug 17, 1995
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Anderson Estates Llc $510,000 None Listed On Document
Mpr Properties Llc -- Mays Walden Anastas Pc
Roberts Michael P $414,000 Illinois Real Estate Title Cen
Perks Samual J $350,000 Illinois Real Estate Title Cen
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Estates Llc $426,965
Closed Anderson Estates Llc $440,000
Previous Owner Mpr Properties Llc $530,000
Previous Owner Mpr Properties Llc $100,000
Previous Owner Mpr Properties Llc $329,366
Previous Owner Roberts Michael P $331,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $414,000 -12.8% --
03/27/2017 03/27/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $475,000 -- --
Source: RMLS Alliance

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 $13,756 $163,776 $24,251 $139,525
2023 $7,828 $88,546 $22,151 $66,395
2022 $7,310 $81,571 $21,012 $60,559
2021 $7,067 $78,516 $20,225 $58,291
2020 $6,927 $78,634 $20,255 $58,379
2019 $6,798 $78,359 $20,184 $58,175
2018 $7,231 $85,587 $20,094 $65,493
2017 $7,082 $84,480 $19,834 $64,646
2016 $6,943 $83,248 $19,545 $63,703
2015 $6,875 $82,252 $19,311 $62,941
2014 $6,772 $81,721 $19,186 $62,535
2013 $6,621 $81,721 $19,186 $62,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA167425

RMLS Alliance

APN: 14-33.0-477-037