NOT LISTED FOR SALE

1004 Samantha St Normal, IL 61761

Estimated Value: $504,879

84 Beds
84 Baths
7,168 Sq Ft
$70/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $452,100 $63 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,558/month

1 Day on Market

About This Home

As of August 2023

Investment Potential- 12 unit apartment building, all units 1 bed 1 bath with living space, two story building, ample room for parking. With 4 units already rented out, By leasing out the remaining 8 units and turn this property into a profitable investment. The current vacancies provide an opportunity for customization and upgrades, enabling you to attract higher-paying tenants and maximize your returns. Roof new last year, all AC units have been replaced within the last 5 years, Newer water heaters, near universities. Sold AS-IS

Last Agent to Sell the Property

Melissa Douglas

BHHS Central Illinois, REALTORS License #475204982 Listed on: 07/07/2023

BHHS Central Illinois, REALTORS

Co-Listed By

John Albee

BHHS Central Illinois, REALTORS License #475071164

Last Buyer's Agent

Liliana Taimoorazi

Coldwell Banker Real Estate Group License #475128149

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,700

Year Built

  • Built in 1968

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 76 x 352

Home Design

  • Vinyl Siding

Interior Spaces

  • 7,168 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 84 Bedrooms
  • 84 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $10,800
  • Fuel Expense $2,800
  • Insurance Expense $2,197
  • Maintenance Expense $1,637
  • Other Expense $30
  • Trash Expense $3,000
  • Water Sewer Expense $8,640
  • Operating Expense $37,794
  • Gross Income $41,625
  • Net Operating Income $5,394

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,700

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1968
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany,No Sign on Property
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 84
  • Total Bedrooms: 84
  • Basement Description: Crawl,None
  • Misc Inside: Laundry Room
  • Fireplaces: 0
  • Dishwashers: 12
  • Refrigerators: 12
  • Number of Washers: 0
  • Room: 1

Exterior Features

  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Outdoor Parking: 19-30 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Utilities: Water-Municipal, Sanitary Sewer
  • Heat/Ventilation: Steam,Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 3000
  • Water Sewer Expenses: 8640

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 76 X 352
  • Lot Size Sq Ft: 26752
  • Zoning: MULTI

Rental Info

  • Tenant Pays: None
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 7168

Multi Family

  • Net Operating Income: 5394
  • Fuel Expense: 2800
  • Insurance Expense: 2197
  • ElectricExpense: 10800
  • GrossIncome: 41625
  • Maintenance Expense: 1637
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 37794
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 7700
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 11, 2023
Sold by
Zillhausen Llc
Bought by
Mandhyan Enterprises Llc
Seller's Agent
Melissa Douglas
BHHS Central Illinois, REALTORS
Buyer's Agent
Liliana Taimoorazi
Coldwell Banker Real Estate Group
List Price
$450,000
Sold Price
$452,100
Premium/Discount to List
$2,100
0.47%
Views
33
Current Estimated Value
$504,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,779
Avg. Annual Appreciation
4.73%
Original Mortgage
$361,680
Outstanding Balance
$225,729
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$279,150

Purchase Details

Closed on
May 29, 2014
Sold by
Lane Stanley A
Bought by
Zillhausen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.34%

Purchase Details

Closed on
Jul 30, 2008
Sold by
Hafner Frederick J
Bought by
Lane Stanley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,400
Interest Rate
7.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mandhyan Enterprises Llc $452,500 None Listed On Document
Zillhausen Llc $350,000 Frontier Title Co
Lane Stanley A $385,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandhyan Enterprises Llc $361,680
Previous Owner Zillhausen Llc $280,000
Previous Owner Lane Stanley A $308,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $452,100 +0.5% $63 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $450,000 -- $63 / 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
2024 $10,945 $150,617 $25,241 $125,376
2022 $10,945 $121,840 $20,418 $101,422
2021 $10,572 $114,954 $19,264 $95,690
2020 $10,513 $113,760 $19,064 $94,696
2019 $10,157 $113,149 $18,962 $94,187
2018 $10,045 $111,951 $18,761 $93,190
2017 $9,687 $111,951 $18,761 $93,190
2016 $9,582 $111,951 $18,761 $93,190
2015 $9,322 $109,327 $18,321 $91,006
2014 $9,206 $109,327 $18,321 $91,006
2013 -- $109,327 $18,321 $91,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11826479

Midwest Real Estate Data (MRED)

APN: 14-33-104-015