NOT LISTED FOR SALE

102 S West St Watson, IL 62473

Estimated Value: $93,000 - $242,000

1 Bed
-- Bath
1,140 Sq Ft
$126/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $76,500 $67 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $842/month

27 Days on Market

About This Home

As of May 2021

Take a look at the numbers! Four unit apartment building all leased and a trailer lot rent included (seller does not own trailer). Water lines updated approximately 2016. New heating and air in each unit 2017! New roof 2017! New windows 2017! Current owner has an application process in place for all prospected tenants and has never had an issue with vacancies. Landlord pays water and trash. Owner of trailer mows the property as per lease agreement. Each unit rents $350/month and lot rent for trailer is $150/mo.

Last Agent to Sell the Property

Donna Aldrich

Smith Realty Group of Effingham, LLC License #471002221 Listed on: 03/03/2021

Last Buyer's Agent

Non Member

Central Illinois Board of REALTORS License ##N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $934

Year Built

  • Built in 1902

Lot Details

  • 0.38 Acre Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,140 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Range

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 4 Units
  • Operating Expense $3,563

Listing and Financial Details

  • The owner pays for insurance, taxes, trash collection, water
  • Assessor Parcel Number 1421003022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$934

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1140.0
  • Lot Size Acres: 0.38
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Road Surface Type: Gravel
  • Building Stories: 2
  • Year Built: 1902
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space
  • Owner Pays: Insurance, Taxes, Trash Collection, Water
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Asphalt, Shingle
  • Waterfront: No
  • Foundation Details: Crawlspace

Utilities

  • Cooling: Central Air, Wall Unit(s)
  • Heating: Electric, Forced Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 16553.0
  • Parcel #: 1421003022
  • Zoning: MLT
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 3563.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 934.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
May 25, 2021
Sold by
Awalt Services Llc
Bought by
Jansen Investment Group Llc
Seller's Agent
Donna Aldrich
Smith Realty Group of Effingham, LLC
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$89,900
Sold Price
$76,500
Premium/Discount to List
-$13,400
-14.91%
Current Estimated Value
$136,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,162
Avg. Annual Appreciation
6.17%
Original Mortgage
$20,000
Outstanding Balance
$18,504
Interest Rate
2.93%
Mortgage Type
Stand Alone Second
Estimated Equity
$79,820

Purchase Details

Closed on
Nov 17, 2017
Sold by
Wallace Russella
Bought by
Hagen Tara L and Wallace Erick P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,028
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 9, 2015
Closed on
Dec 9, 2016
Sold by
First State Bank Of Beecher City
Bought by
Awalt Services Llc
Seller's Agent
Lantz Wills
C21 Realty Concepts
Buyer's Agent
Donna Smith
Smith Realty Group of Effingham, LLC
List Price
$39,900
Sold Price
$22,000
Premium/Discount to List
-$17,900
-44.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.90%

Purchase Details

Closed on
Apr 30, 2014
Sold by
Holtz John D
Bought by
First State Bank Of Beecher City

Purchase Details

Closed on
Jan 31, 2005
Sold by
Mansfield Patrick R and Mansfield Anne M
Bought by
Holtz John

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
5.78%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Jansen Investment Group Llc $76,500 Attorney
Hagen Tara L -- None Available
Awalt Services Llc $22,000 Attorney
First State Bank Of Beecher City -- None Available
Holtz John $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jansen Investment Group Llc $20,000
Open Jansen Investment Group Llc $65,025
Previous Owner Hagen Tara L $33,028
Previous Owner Holtz John $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $76,500 -14.9% $67 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $89,900 +308.6% $79 / Sq Ft
12/09/2016 12/09/16 Sold $22,000 -44.9% $10 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $39,900 -- $18 / Sq Ft
Source: Central Illinois Board of REALTORS®

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
2023 $1,041 $17,290 $4,410 $12,880
2022 $974 $15,720 $4,010 $11,710
2021 $985 $15,880 $4,050 $11,830
2020 $958 $15,360 $3,920 $11,440
2019 $934 $14,920 $3,810 $11,110
2018 $909 $14,340 $3,660 $10,680
2017 $896 $13,920 $3,550 $10,370
2016 $875 $13,380 $3,410 $9,970
2015 -- $13,110 $3,340 $9,770
2014 -- $12,730 $3,240 $9,490
2013 -- $12,730 $3,240 $9,490
2012 -- $12,610 $3,210 $9,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6210092

APN: 1421003022