NOT LISTED FOR SALE

Estimated Value: $290,000 - $311,000

7 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold September 21, 2023

Last sale price $275,000

Est. 8% increase in value since last sale

Current estimated payment $2,021/month

6 Days on Market

Highlights

  • Ranch Style House
  • Ceiling Fan
  • Heating System Uses Steam
  • Normal Community High School Rated A-

About This Home

As of September 2023

Great location 1 mile north of ISU. Sharp 4 unit building on a slab. Tall vaulted ceilings. New (2022) washer and dryer coin-op. One fridge, one oven/range per unit. Three 2-bedroom units. One 1-bedroom. All units have one bathroom. Shared garbage container with 2 Larry Ct. Extra storage space in each unit above the kitchens. Roof 2010. Water heater 2019.

Last Agent to Sell the Property

Catherine Denbesten

Denbesten Real Estate License #471002531 Listed on: 08/18/2023

Last Buyer's Agent

Becky Gerig

RE/MAX Choice License #475132489

RE/MAX Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,612

Year Built

  • Built in 1970

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 91x120x78x118

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Space is Owned
  • Unassigned Parking

Schools

  • Fairview Elementary School
  • Chiddix Jr High Middle School
  • Normal Community High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Gas Water Heater

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $3,600
  • Maintenance Expense $5,000
  • Trash Expense $633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,612

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Rebuilt Year: 1998
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: Ceiling Fan(s), Water Heater-Gas
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Disposal,Window Air Conditioner,Range Hood,Cathedral Ceilings
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Disposal,Window Air Conditioner,Range Hood,Cathedral Ceilings
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Disposal,Window Air Conditioner,Range Hood,Cathedral Ceilings
  • AppliancesAndFeatures: Stove,Refrigerator,Disposal,Window Air Conditioner,Range Hood,Cathedral Ceilings

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street, Parking Lot
  • ParkingTotal: 8
  • Number of Cars: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 633
  • Other Expenses $: 5209
  • Trash Expense Year: 2022

Schools

  • Elementary School: Fairview Elementary
  • High School: Normal Community High School
  • Middle/Junior School: Chiddix Jr High

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 91X120X78X118
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • TenantPays: Electric

Multi Family

  • Insurance Expense: 3600
  • Maintenance Expense: 5000
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 5611.96
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 21, 2023
Sold by
Linley William David
Bought by
Merrill David and Merrill Pamela
Seller's Agent
Catherine Denbesten
Denbesten Real Estate
Buyer's Agent
Becky Gerig
RE/MAX Choice
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
10%
Views
34
Current Estimated Value
$297,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,263
Avg. Annual Appreciation
3.46%
Original Mortgage
$206,250
Outstanding Balance
$201,823
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$95,440

Purchase Details

Closed on
Jan 21, 2022
Sold by
Catherine C Denbesten Trust
Bought by
Linley William David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
3.13%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2016
Sold by
Denbesten Catherine C and Denbesten Catherine
Bought by
Denbesten Catherine C and Catherine C Denbesten Trust
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
Merrill David $275,000 Alliance Land Title
Linley William David $200,000 Lyndel K Armstrong Ltd
Denbesten Catherine C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill David $206,250
Previous Owner Linley William David $196,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $275,000 +10.0% --
08/25/2023 08/25/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $250,000 -- --
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 $5,612 $77,228 $16,823 $60,405
2022 $5,612 $62,473 $13,609 $48,864
2021 $5,421 $58,942 $12,840 $46,102
2020 $5,390 $58,330 $12,707 $45,623
2019 $5,208 $58,017 $12,639 $45,378
2018 $5,151 $57,403 $12,505 $44,898
2017 $4,967 $57,403 $12,505 $44,898
2016 $4,913 $57,403 $12,505 $44,898
2015 $4,780 $56,058 $12,212 $43,846
2014 $4,721 $56,058 $12,212 $43,846
2013 -- $56,058 $12,212 $43,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11863921

Midwest Real Estate Data (MRED)

APN: 14-21-403-004