Seller's Agent in 2021
Adam Merrick
Adam Merrick Real Estate
(309) 273-1806
4,342 Total Sales
Estimated Value: $145,000
8
Beds
4
Baths
5,852
Sq Ft
$25/Sq Ft
Est. Value
About This Home
As of December 2021Excellent Investment Property right in the heart of Lacon! This 14 unit complex, constructed in 2004, offers great rental income and has been well maintained over the years. Tenant pays all electric and owner pays for both garbage and water/sewer. Total monthly expense is just over $600 per month for water/sewer and garbage. Each unit is 2 bed, 1 bath with an open concept design. Appliances are owned and tenants provide their own washer/dryer. No pets are allowed currently. Each tenant has 1 parking spot included in lease. Come take a look today!
Last Agent to Sell the Property
Adam Merrick Real Estate License #471018071 Listed on: 12/17/2020
Last Buyer's Agent
Mike O'Bryan
RE/MAX Traders Unlimited License #471006473
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,751
Year Built
- Built in 2003
Lot Details
- 0.61
Interior Spaces
- 2-Story Property
- Crawl Space
Schools
- Midland Elementary School
- Midland High School
Utilities
- Cable TV Available
Listing and Financial Details
- Tenant pays for electric only, gas & electric
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2021 12/22/21 | Sold | $640,001 | +2.4% | $109 / Sq Ft |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- |
| 12/17/2020 12/17/20 | For Sale | $625,000 | -- | $107 / Sq Ft |
Source: RMLS Alliance
Tax History Compared to Growth
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 | $20,801 | $247,718 | $12,820 | $234,898 |
| 2023 | $20,801 | $227,473 | $11,772 | $215,701 |
| 2022 | $19,090 | $205,876 | $10,654 | $195,222 |
| 2021 | $17,836 | $190,803 | $9,874 | $180,929 |
| 2020 | $17,751 | $184,173 | $9,531 | $174,642 |
| 2019 | $18,291 | $181,899 | $9,413 | $172,486 |
| 2018 | $18,458 | $181,899 | $9,413 | $172,486 |
| 2017 | $19,259 | $185,611 | $9,605 | $176,006 |
| 2016 | $19,259 | $189,651 | $9,814 | $179,837 |
| 2014 | -- | $188,768 | $9,768 | $179,000 |
| 2013 | -- | $220,581 | $9,596 | $210,985 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Merrick
-
M
Buyer's Agent in 2021
Mike O'Bryan
RE/MAX
Map
Source: RMLS Alliance
MLS Number: PA1229781
APN: 04-26-482-008
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