NOT LISTED FOR SALE

Estimated Value: $235,252 - $302,000

8 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold August 17, 2018

Last sale price $148,000

Est. 86% increase in value since last sale

Current estimated payment $1,824/month

7 Days on Market

Highlights

  • First Floor Utility Room
  • Soaking Tub
  • Paved or Partially Paved Lot
  • Cul-De-Sac
  • Heating System Uses Steam

About This Home

As of August 2018

OUTSTANDING all-brick 4-unit apartment building, 2 BEDROOMS in each unit. WELL-MAINTAINED in desirable residential neighborhood on QUIET CUL-DE-SAC with mature trees. Very competitively-priced! Ample parking for tenants and guests. A/C in each unit plus ceiling fans in all bedrooms and living room. Coin laundry room in building provides additional revenue. Great tenant retention. New rental rates are $605/month per unit. New (pitched) roof in 2011. Earn great rental income plus all the tax savings for a great investment opportunity! Close to beautiful parks, I.S.U. campus, shopping. Purchase this one apt building or up to four adjacent buildings on College Park Ct.

Last Agent to Sell the Property

Janice Vidovic

Clients Are Golden Realty,LLC License #471019870 Listed on: 06/19/2018

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,103

Year Built

  • Built in 1971

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70 x 146 x 70 x 146
  • Cul-De-Sac
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • First Floor Utility Room
  • Storm Screens

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms
  • Soaking Tub

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Visitor Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Heating System Uses Steam
  • Cable TV Available

Community Details

Overview

  • 4 Units
  • College Park Subdivision

Building Details

  • Gross Income $28,371

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,103

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: College Park
  • Year Built: 1971
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Range Hood
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Range Hood

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Block
  • Lot Features: Cul-De-Sac
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street, Visitor Parking
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Fee Information

  • Other Expenses $: 6965

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 70 X 146 X 70 X 146
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • GrossIncome: 28371
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 4103
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Aug 17, 2018
Sold by
Kauffman John J and Kauffman Evelyn A
Bought by
Gen 3 Managements Llc
Seller's Agent
Janice Vidovic
Clients Are Golden Realty,LLC
Buyer's Agent
Non Member
NON MEMBER
List Price
$150,000
Sold Price
$148,000
Premium/Discount to List
-$2,000
-1.33%
Current Estimated Value
$275,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,313
Avg. Annual Appreciation
8.81%
Original Mortgage
$235,200
Interest Rate
2.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gen 3 Managements Llc $294,000 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gen 3 Managements Llc $235,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $148,000 -1.3% --
06/26/2018 06/26/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $150,000 -- --
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 $4,636 $63,796 $16,823 $46,973
2022 $4,636 $51,607 $13,609 $37,998
2021 $4,478 $48,691 $12,840 $35,851
2020 $4,453 $48,185 $12,707 $35,478
2019 $4,302 $47,926 $12,639 $35,287
2018 $4,255 $47,418 $12,505 $34,913
2017 $4,103 $47,418 $12,505 $34,913
2016 $4,058 $47,418 $12,505 $34,913
2015 $3,948 $46,307 $12,212 $34,095
2014 $3,899 $46,307 $12,212 $34,095
2013 -- $46,307 $12,212 $34,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09991186

Midwest Real Estate Data (MRED)

APN: 14-29-252-011