NOT LISTED FOR SALE

1103 E 5th St Alton, IL 62002

Estimated Value: $93,000 - $136,000

Studio
2 Baths
-- Sq Ft
1902 Built

Last Sold September 28, 2018

Last sale price $48,000

Est. 149% increase in value since last sale

Current estimated payment $823/month

13 Days on Market

About This Home

As of September 2018

Great investment opportunity on this well maintained multi-family in Alton. This building is currently leased and producing income. Recent updates include roof, hot water heater, central air, water heater on either one or both units. The basement offers an area for storage and mechanicals. Buyer/buyers agent to verify all MLS/MARIS data and information.

Last Agent to Sell the Property

Travis Tarrant

Tarrant and Harman Real Estate and Auction Co License #471016673 Listed on: 08/02/2018

Tarrant and Harman Real Estate and Auction Co

Last Buyer's Agent

Patty Stanley

RE/MAX Alliance License #475156178

RE/MAX Alliance

Property Details

Home Type

  • Multi-Family

Year Built

  • 1902

Lot Details

  • Lot Dimensions are 41.3x155

Home Design

  • Duplex
  • Aluminum Siding

Utilities

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

Listing and Financial Details

  • Tenant pays for sewer, trash removal

Property Details

Home Type

Multi-Family

Year Built

1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Alton
  • Special Description: No Exemptions
  • Age: 116
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1902

Interior Features

  • Square Footage Unknown: Yes

Exterior Features

  • Construction: Aluminum Siding

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air, Hot Water/Steam

Lot Info

  • Lot Dimensions: 41.3x155

Rental Info

  • Tenant Pays: Sewer, Trash Removal

Multi Family

  • Units: 1
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2018
Closed on
Sep 28, 2018
Sold by
Wiist William J and Wiist Harriette J
Bought by
Luciland Llc
Seller's Agent
Travis Tarrant
Tarrant and Harman Real Estate and Auction Co
Buyer's Agent
Patty Stanley
RE/MAX Alliance
List Price
$55,000
Sold Price
$48,000
Premium/Discount to List
-$7,000
-12.73%
Current Estimated Value
$119,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,333
Avg. Annual Appreciation
13.33%
Original Mortgage
$233,502
Outstanding Balance
$175,051
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
-$55,718
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
Luciland Llc $144,000 Serenity Title & Escrow Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luciland Llc $233,502
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $48,000 -12.7% --
08/16/2018 08/16/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $55,000 +14.6% --
08/02/2018 08/02/18 Off Market $48,000 -- --
08/02/2018 08/02/18 For Sale $55,000 -- --
Source: MARIS MLS

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 $2,391 $29,410 $2,170 $27,240
2023 $2,391 $26,560 $1,960 $24,600
2022 $2,247 $24,010 $1,770 $22,240
2021 $2,067 $22,560 $1,660 $20,900
2020 $2,018 $21,750 $1,600 $20,150
2019 $2,087 $21,250 $1,560 $19,690
2018 $2,031 $20,700 $1,520 $19,180
2017 $2,003 $20,700 $1,520 $19,180
2016 $1,963 $20,700 $1,520 $19,180
2015 $2,004 $20,700 $1,520 $19,180
2014 $2,004 $20,700 $1,520 $19,180
2013 $2,004 $21,260 $1,560 $19,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS18062500

MARIS MLS

APN: 23-2-07-13-06-103-011