NOT LISTED FOR SALE

Estimated Value: $366,000

16 Beds
8 Baths
-- Sq Ft
0.44 Acres

Last Sold August 28, 2020

Last sale price $218,500

Est. 68% increase in value since last sale

Current estimated payment $2,675/month

13 Days on Market

About This Home

As of August 2020

Solid, brick 8-unit close to ISU and uptown Normal. Easily rented 2 bedroom units. Owners looking to package with 109 College Park and possibly other buildings. Pictures of both buildings and 1 vacant unit. All units are identical in layout. Detailed Profit and loss numbers in the associated docs. One owner is a licensed Realtor.

Last Agent to Sell the Property

Sean Bozarth

RE/MAX Rising License #475135415 Listed on: 06/23/2020

RE/MAX Rising

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,697

Year Built

  • 1971

Lot Details

  • 0.44

Utilities

  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,697

Year Built

1971

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 13006
  • Total Annual Exp: 38596
  • Total Annual Income: 51491
  • Total Monthly Income: 4290
  • Number of Ranges: 8
  • Number Of Refrigs: 8
  • Number Of Window A C: 8
  • Number Of Stories: 2
  • Estimated Year Built: 1971
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1971

Exterior Features

  • Acreage: 0.44

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Gas, Separate Per Unit

Condo/Co-op/Association

  • Units in Building: 8

Lot Info

  • Lot Dimensions: 134X146
  • Parcel Identification Number: 1429253003
  • BNAR Zoning: R3A

Rental Info

  • Gross Rental Income: 49907
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Number Of Dishwashers: 8
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 25, 2020
Sold by
Factr Properties Llc
Bought by
Aranda Holdings Llc
Seller's Agent
Sean Bozarth
RE/MAX Rising
Buyer's Agent
Non Member
NON MEMBER
List Price
$255,000
Sold Price
$218,500
Premium/Discount to List
-$36,500
-14.31%
Current Estimated Value
$366,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,500
Avg. Annual Appreciation
10.09%
Original Mortgage
$365,250
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Aranda Holdings Llc $426,500 Woodford County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aranda Holdings Llc $75,000
Open Aranda Holdings Llc $495,000
Closed Aranda Holdings Llc $365,250
Previous Owner Factr Properties Llc $7,396
Previous Owner Factr Properties Llc $1,136,800
Previous Owner Factor Properties Llc $1,584,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $218,500 -14.3% --
07/06/2020 07/06/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $255,000 -- --
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 $8,697 $119,687 $30,852 $88,835
2022 $8,697 $96,819 $24,957 $71,862
2021 $8,401 $91,348 $23,547 $67,801
2020 $8,354 $90,398 $23,302 $67,096
2019 $8,071 $89,913 $23,177 $66,736
2018 $7,982 $88,961 $22,932 $66,029
2017 $7,698 $88,961 $22,932 $66,029
2016 $7,614 $88,961 $22,932 $66,029
2015 $7,407 $86,876 $22,395 $64,481
2014 $7,316 $86,876 $22,395 $64,481
2013 -- $86,876 $22,395 $64,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10756837

Midwest Real Estate Data (MRED)

APN: 14-29-253-003