NOT LISTED FOR SALE

103 Maple St Neponset, IL 61345

Estimated Value: $139,000 - $151,000

6 Beds
4 Baths
-- Sq Ft
0.3 Acres

Last Sold August 25, 2022

Last sale price $118,000

Est. 25% increase in value since last sale

Current estimated payment $1,120/month

About This Home

As of August 2022

Positive cash flow! Low maintenance one story 4 unit with many updates including newer roof, windows and doors, 1 new furnace and A/C unit, new plumbing, electric and flooring. 3 units occupied with leases, and 1 ready to rent. This property has 2- 2bedroom units, and 2 - 1 bedroom units, with a 1 car attached garage for your storage needs or additional income. Great investment property.

Last Listed By

Kathy Bright

Kettley & Co. Inc. - Yorkville Listed on: 07/07/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 1977

Lot Details

  • 0.3

Home Design

  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Schools

  • Neponset Elementary School
  • Kewanee High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Crawl Space
  • Patio
  • Lot Dimensions are 149 x 87

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $4,860
  • Gross Income $2,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,193

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • Room: 3

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 135000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 6
  • Number of Cars: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 4860

Schools

  • Elementary School: Neponset Elementary School
  • High School: Kewanee High School
  • Middle/Junior School: Neponset Elementary School
  • Middle/Junior School District: 307

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 149 X 87
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Multi Family

  • GrossIncome: 2325
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,1 Story Unit/s

Tax Info

  • Tax Annual Amount: 1193
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 25, 2022
Sold by
Holmstrom and Erica
Bought by
Rentco Llc
Seller's Agent
Kathy Bright
Kettley & Co. Inc. - Yorkville
Buyer's Agent
Jonathan Gieson
RE/MAX of Rock Valley
List Price
$135,000
Sold Price
$118,000
Premium/Discount to List
-$17,000
-12.59%
Total Days on Market
0
Current Estimated Value
$147,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,000
Avg. Annual Appreciation
8.51%
Original Mortgage
$400,500
Outstanding Balance
$378,033
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
-$231,033

Purchase Details

Closed on
Jul 6, 2018
Sold by
Clapper Steven J and Clapper Linda A
Bought by
Holmstrom Darrell and Holmstrom Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.38%
Mortgage Type
New Conventional

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
Rentco Llc $118,000 New Title Company Name
Holmstrom Darrell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rentco Llc $400,500
Previous Owner Holmstrom Kenneth G $54,500
Previous Owner Holmstrom Darrell $37,500
Previous Owner Clapper Steven J $9,000
Previous Owner Clapper Steven J $76,000
Previous Owner Voels Donald G $2,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $118,000 -12.6% --
07/08/2022 07/08/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $135,000 -- --
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 $3,622 $42,224 $1,016 $41,208
2023 $3,622 $39,333 $946 $38,387
2022 $3,879 $41,177 $879 $40,298
2021 $1,200 $18,525 $811 $17,714
2020 $1,170 $18,280 $800 $17,480
2019 $1,170 $17,939 $785 $17,154
2018 $1,668 $17,051 $746 $16,305
2017 $2,835 $28,638 $729 $27,909
2016 $2,712 $27,729 $706 $27,023
2015 -- $26,040 $0 $26,040
2014 -- $26,721 $681 $26,040
2013 -- $27,378 $698 $26,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11456908

Midwest Real Estate Data (MRED)

APN: 19-10-451-002