NOT LISTED FOR SALE

1101 Kern St Unit 1101 1/2 Normal, IL 61761

Estimated Value: $163,000 - $235,000

10 Beds
4 Baths
-- Sq Ft
9,670 Sq Ft Lot

Sale Details

Date Sold: May 20, 2016

Last sale price $172,000

Est. 15% increase in value since last sale

Current estimated payment $1,329 / mo

7 Days on Market

About This Home

As of May 2016

Two 2-unit buildings, sold as package and priced "AS IS". Basement dewatering systems and wall repair systems have transferrable lifetime guarantees. Walking distance to ISU campus. Each property has two-car detached garage. Additional two parking spaces on site for 1101 Kern. All tenants have been there over a year. Includes Tax ID #14-32-228-006

Last Agent to Sell the Property

Laura Pritts

AXIS 360 LLC* License #471021573 Listed on: 03/18/2016

Co-Listed By

Greg Yount

AXIS 360 LLC* License #475142130

Last Buyer's Agent

Sean Bozarth

RE/MAX Rising License #475135415

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,669

Year Built

  • Built in 1964

Lot Details

  • 9,670

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Schools

  • Oakdale Elementary School
  • Kingsley Jr High Middle School
  • Normal Community West High Schoo

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Lot Dimensions are 160' x 120'

Community Details

Overview

  • 4 Units

Building Details

  • Maintenance Expense $2,488
  • Manager Expense $2,428
  • Gross Income $31,020
  • Net Operating Income $12,426

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,669

Year Built

Built in 1964

Lot Details

9,670 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: NOT APPLICABLE
  • Year Built: 1964
  • Age: 51-60 Years
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Exterior Building Type: Brick,Aluminum Siding

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 2428
  • Conversion YN: N

Fee Information

  • Other Expenses $: 17043

Schools

  • Elementary School: OAKDALE ELEMENTARY
  • High School: NORMAL COMMUNITY WEST HIGH SCHOO
  • Middle/Junior School: KINGSLEY JR HIGH

Lot Info

  • Lot Dimensions: 160' X 120'

Rental Info

  • Board Number: 23
  • TenantPays: Gas,Electric,Sewer,Water

Multi Family

  • Net Operating Income: 12426
  • GrossIncome: 31020
  • Maintenance Expense: 2488
  • Units in Building: 4
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 6669
  • Tax Year: 2014

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
Mar 18, 2016
Closed on
May 18, 2016
Sold by
Bought by
Seller's Agent
Laura Pritts
AXIS 360 LLC*
Buyer's Agent
Sean Bozarth
RE/MAX Rising
List Price
$179,900
Sold Price
$172,000
Premium/Discount to List
-$7,900
-4.39%
Current Estimated Value
$197,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,866
Avg. Annual Appreciation
1.52%
Original Mortgage
$64,500
Interest Rate
0.0358%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2014
Sold by
Bought by
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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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
-- --
-- None Available
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
Closed $64,500
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
05/20/2016 05/20/16 Sold $172,000 -4.4% --
03/25/2016 03/25/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $179,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $3,132 $42,095 $12,503 $29,592
2024 $3,132 $38,570 $11,456 $27,114
2022 $2,803 $31,200 $9,267 $21,933
2021 $2,707 $29,436 $8,743 $20,693
2020 $2,692 $29,130 $8,652 $20,478
2019 $2,601 $28,974 $8,606 $20,368
2018 $2,572 $28,667 $8,515 $20,152
2017 $2,481 $28,667 $8,515 $20,152
2016 $2,454 $28,667 $8,515 $20,152
2015 $3,343 $39,205 $8,315 $30,890
2014 $3,301 $39,205 $8,315 $30,890
2013 -- $39,205 $8,315 $30,890
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Laura Pritts

    AXIS 360 LLC*

    Section Image

  • G

    Seller Co-Listing Agent in 2016

    Greg Yount

    AXIS 360 LLC*

    Section Image
  • Sean Bozarth

    Buyer's Agent in 2016

    Sean Bozarth

    RE/MAX

    (309) 261-1302

    84 Total Sales

    Sean Bozarth
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10195351

Midwest Real Estate Data (MRED)

APN: 14-32-228-007

Illinois Mclean County Normal 61761

1101 Kern St Unit 1101 1/2, Normal, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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