NOT LISTED FOR SALE

103 W Eads St Thomasboro, IL 61878

Estimated Value: $90,864 - $149,000

3 Beds
3 Baths
-- Sq Ft
9,060 Sq Ft Lot

Last Sold December 12, 2018

Last sale price $97,000

Est. 19% increase in value since last sale

Current estimated payment $762/month

197 Days on Market

Highlights

  • Ranch Style House
  • Satellite Dish
  • Paved or Partially Paved Lot

About This Home

As of December 2018

This updated Multi-Family property includes a duplex with 1 bedroom, 1 bath, living room and kitchen in each unit. The Cottage home is a stand alone unit with a larger eat-in Kitchen and larger living room and bedroom. This would make a great investment property where you can live in a unit and have an income stream from the other 2 units.

Last Listed By

Darnell Cox

RE/MAX REALTY ASSOCIATES-CHA License #471022439 Listed on: 04/29/2018

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,273

Year Built

  • 1955

Lot Details

  • Lot Dimensions are 66 x 132
  • Paved or Partially Paved Lot

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Crawl Space

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Schools

  • Thomasboro Elementary School
  • Thomasboro Junior High School
  • Rantoul High School

Utilities

  • Heating System Uses Natural Gas
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $18,000
  • Net Operating Income $15,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,273

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 14 OF THOMASBORO - DR BK.26 PG. 621
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1955

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Other Equipment: TV-Cable, TV-Dish, CO Detectors
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 99500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 900

Schools

  • Elementary School: THOMASBORO ELEMENTARY SCHOOL
  • High School: RANTOUL HIGH SCHOOL
  • Middle/Junior School: THOMASBORO JUNIOR HIGH SCHOOL
  • Middle/Junior School District: 130

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66 X 132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Multi Family

  • Net Operating Income: 15900
  • GrossIncome: 18000
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,Coach House,Duplex Side by Side

Tax Info

  • Tax Annual Amount: 1273.46
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Bruns Teresa and Estate Of Jonathan R Bruns
Bought by
Swanson Jonathon and Swanson Ashleigh
Total Days on Market
197
Current Estimated Value
$115,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$52,859
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$69,357

Purchase Details

Listed on
Apr 29, 2018
Closed on
Dec 3, 2018
Sold by
Long Michael C
Bought by
Bruns Jonathan R
Seller's Agent
Darnell Cox
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Darnell Cox
RE/MAX REALTY ASSOCIATES-CHA
List Price
$99,500
Sold Price
$97,000
Premium/Discount to List
-$2,500
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$97,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2013
Sold by
Diedrich Properties Inc
Bought by
Long Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2006
Sold by
Palm Harbor Services Inc
Bought by
Diedrich Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,945
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2006
Sold by
Trosper Morris D
Bought by
Palm Harbor Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,945
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage

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
Swanson Jonathon $85,000 None Available
Bruns Jonathan R $97,000 Attorney
Long Michael C $97,000 Attorney
Diedrich Properties Inc $65,000 Allied
Palm Harbor Services Inc $50,000 Allied Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Jonathon $63,750
Closed Bruns Jonathan R $97,000
Previous Owner Long Michael C $78,000
Previous Owner Diedrich Properties Inc $60,945
Previous Owner Palm Harbor Services Inc $44,500
Previous Owner Trosper Ii Morris D $48,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $97,000 -2.5% --
11/12/2018 11/12/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $99,500 +2.6% --
10/31/2018 10/31/18 Off Market $97,000 -- --
08/13/2018 08/13/18 Price Changed $99,500 -14.2% --
04/29/2018 04/29/18 For Sale $116,000 -- --
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 $1,468 $21,130 $6,050 $15,080
2023 $1,468 $18,850 $5,400 $13,450
2022 $1,376 $16,830 $4,820 $12,010
2021 $1,307 $15,710 $4,500 $11,210
2020 $1,297 $15,180 $4,350 $10,830
2019 $1,258 $14,580 $4,180 $10,400
2018 $1,250 $13,840 $3,970 $9,870
2017 $1,273 $13,450 $3,860 $9,590
2016 $1,269 $13,450 $3,860 $9,590
2015 $1,270 $13,450 $3,860 $9,590
2014 $1,205 $13,450 $3,860 $9,590
2013 $1,214 $13,760 $3,950 $9,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09932314

Midwest Real Estate Data (MRED)

APN: 20-09-28-331-007