NOT LISTED FOR SALE

1005 Scheel St Belleville, IL 62221

Estimated Value: $90,000 - $142,000

Studio
-- Bath
784 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $52,000 $66 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $839/month

69 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • 4-minute walk to Belleville

About This Home

As of April 2021

New furnaces in December of 2018. New kitchen cabinets, countertop and stove in 2020 on 1005 side. Rents are $600 and $525. Long term tenant in 1007 side. Stove & refrigerator with each unit. Includes four window air conditioners. Owner pays sewer/trash bill for 1005 side. Owner bills tenant for sewer and trash expense for 1007 side. Tenants pay all other utilities. Agent owned.

Last Agent to Sell the Property

Scott Miller

SGM Realty, LLC License #471021653 Listed on: 02/09/2021

Last Buyer's Agent

Tristan Reising

Mustard Seed Realty License #471.021788

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 7,057 Sq Ft Lot
  • Lot Dimensions are 50x147

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, gas, water
  • Assessor Parcel Number 08-22.0-205-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

7,057 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 120
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage Unknown: Yes

Exterior Features

  • Construction: Frame, Vinyl Siding

Garage/Parking

  • Parking: Off Street, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 2 Window/Wall
  • Heating: Baseboard, Forced Air

Schools

  • Elementary School: BELLEVILLE DIST 118
  • Junior High School: BELLEVILLE DIST 118
  • School District: Belleville DIST 118
  • Senior High School: Belleville High School-East

Lot Info

  • Lot Dimensions: 50x147
  • Lot Sq Ft: 7057
  • Acres: 0.1620

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: Electric, Gas, Water

Multi Family

  • Gross Operating Income: 12700.00
  • Units: 2
  • Total Expenses: 5100.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2240
  • Assessor Parcel Number: 08-22.0-205-009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Apr 22, 2021
Sold by
Sgm Properties Llc
Bought by
Mustard Seed Ventures 1 Llc
Seller's Agent
Scott Miller
SGM Realty, LLC
Buyer's Agent
Tristan Reising
Mustard Seed Realty
List Price
$59,000
Sold Price
$52,000
Premium/Discount to List
-$7,000
-11.86%
Current Estimated Value
$112,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,000
Avg. Annual Appreciation
17.26%
Original Mortgage
$41,600
Outstanding Balance
$37,620
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$74,380

Purchase Details

Closed on
Mar 23, 2020
Sold by
Miller Randy Scott and Miller Genice Marie
Bought by
Sgm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2014
Sold by
Sgm Properties Llc
Bought by
Miller Randy Scott and Miller Genice

Purchase Details

Closed on
Feb 15, 2008
Sold by
Moore Leonard
Bought by
Miller Randy Scott and Miller Genice Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,950
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2006
Sold by
Kmmc Corp
Bought by
Moore Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2002
Sold by
Trentman Michelle M
Bought by
K M M C Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Mustard Seed Ventures 1 Llc $52,000 Community Title Shiloh Llc
Sgm Properties Llc -- Community Title Shiloh Llc
Miller Randy Scott -- None Available
Miller Randy Scott $75,500 Freedom Title
Moore Leonard $67,500 Chicago Title
K M M C Corp $149,000 --
Trentman Michelle M -- Town & Country Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mustard Seed Ventures 1 Llc $41,600
Previous Owner Sgm Properties Llc $155,000
Previous Owner Miller Randy Scott $67,950
Previous Owner Moore Leonard $54,000
Previous Owner K M M C Corp $119,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $52,000 -11.9% $66 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $59,000 -- $75 / Sq Ft
Source: MARIS MLS

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 $3,144 $35,758 $4,818 $30,940
2023 $1,908 $20,329 $4,722 $15,607
2022 $1,752 $18,301 $4,251 $14,050
2021 $1,687 $16,919 $3,930 $12,989
2020 $1,640 $23,131 $3,717 $19,414
2019 $2,240 $21,618 $3,722 $17,896
2018 $2,190 $21,151 $3,642 $17,509
2017 $2,173 $21,002 $3,617 $17,385
2016 $2,145 $20,556 $3,540 $17,016
2014 $1,289 $13,942 $3,190 $10,752
2013 $2,288 $14,142 $3,236 $10,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21008457

MARIS MLS

APN: 08-22.0-205-009

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