NOT LISTED FOR SALE

1039 Belle Valley Dr Belleville, IL 62220

Belleville Area
10 Beds
10 Baths
5,016 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: October 27, 2023

Last sale price $335,000 $67 Per Sq Ft

43 Days on Market

About This Home

As of October 2023

5 Family Apartment Building, Ground Floor on all units have been Remodeled due to water intrusion including new floor joists subfloors and flooring. All 5 units are leased. Rents are $895.00 per unit, Each unit has 2 bedrooms, 1.5 baths, Living Room and Kitchen, All Seller owned appliances Stay, Parking Lot on Side and in the Back of building, All Brick Exterior, Property Situated at the end of the Road. Prefer contracts contingent on viewing of units. Disclosure in supplements.

Last Agent to Sell the Property

Jeff Franke

Kunkel Wittenauer Group, Inc License #475123599 Listed on: 07/27/2023

Kunkel Wittenauer Group, Inc

Co-Listed By

Kevin Beck

Kunkel Wittenauer Group, Inc License #475199000

Last Buyer's Agent

Christina Johnson

Keller Williams Pinnacle License #471.022417

Keller Williams Pinnacle
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1987

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • Parking Lot

Home Design

  • 5,016 Sq Ft Home
  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Dishwasher

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 5 Units
  • Low-Rise Community

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 08-26.0-401-058

Property Details

Home Type

Apartment

Year Built

Built in 1987

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Cross Street: Mascoutah Avenue
  • Special Description: No Exemptions
  • Age: 36
  • Ownership: Private
  • Year Built: 1987
  • Directions: Mascoutah Avenue to Belle Valley
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 5016

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: 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: 133x196xIrrg
  • Lot Sq Ft: 8712
  • Location: City
  • Acres: 0.2000

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Gas

Multi Family

  • Building Number: 1
  • Gross Operating Income: 4475.00
  • Total Units: 5

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 6407
  • Assessor Parcel Number: 08-26.0-401-058

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Oct 25, 2023
Sold by
Monroe Capital Investments Llc
Bought by
Seller's Agent
Jeff Franke
Kunkel Wittenauer Group, Inc
Buyer's Agent
Christina Johnson
Keller Williams Pinnacle
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$341,250
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Monroe Cap Investments Llc Crown Valley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 6, 2016
Sold by
Chicago Title Land Trust Company
Bought by
Metro East Transit District Of St Clair and St Clair County Transit District

Purchase Details

Closed on
Jul 27, 2004
Sold by
Arendell Daniel
Bought by
Tdw Investment Group Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$335,000 None Available
Monroe Cap Investments Llc Crown Valley $1,450,000 Community Title Shiloh Llc
Metro East Transit District Of St Clair $25,000 None Available
Tdw Investment Group Llc -- First Am Title Midwest Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $350,000
Previous Owner Monroe Cap Investments Llc Crown Valley $1,160,000
Previous Owner Chicago Title Land Trust Company $187,000
Previous Owner Chicago Title Land Trust Company $900,000
Previous Owner Tdw Investment Group Llc $975,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $335,000 -4.3% $67 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $350,000 0.0% $70 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $350,000 -- $70 / Sq Ft
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,413 $82,582 $3,846 $78,736
2023 $7,097 $67,139 $3,769 $63,370
2022 $6,627 $60,442 $3,393 $57,049
2021 $6,407 $56,033 $3,294 $52,739
2020 $6,293 $52,989 $3,115 $49,874
2019 $5,535 $45,941 $3,054 $42,887
2018 $5,339 $44,948 $2,988 $41,960
2017 $5,353 $44,632 $2,967 $41,665
2016 $5,347 $44,991 $4,211 $40,780
2014 $5,316 $49,635 $10,647 $38,988
2013 $5,090 $50,345 $10,799 $39,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23044777

MARIS MLS
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