NOT LISTED FOR SALE

1108 Reynolds St Madison, IL 62060

Estimated Value: $91,000 - $194,000

-- Bed
2 Baths
1,550 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $64,650 $42 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $936/month

148 Days on Market

About This Home

As of December 2022

GREAT INVESTMENT! MUST SELL AS PACKAGE WITH 903 MADISON AVE. MLS #22048996. FULL BRICK RANCH STYLE DUPLEX. HAS LONG TERM TENANTS. RENT FOR 1108 IS $600. RENT FOR 1110 IS $550. BOTH ARE PAID THROUGH MADISON COUNTY HOUSING AUTHORITY. EACH UNIT HAS TWO BEDROOMS AND ONE BATH. THERE'S AN ATTACHED CARPORT WITH ALLEY ACCESS TOO. INSURANCE IS $1599. SEWER IS $42 AND TRASH IS $24 MONTHLY AND IS PAID BY OWNER. 48 HOUR NOTICE NEEDED. PLEASE DO NOT DISTURB TENANTS. NO SIGN. PREAPPROVED BUYERS ONLY PLEASE. SELLING AS-IS, INCLUDING CITY INSPECTIONS.

Last Agent to Sell the Property

Judy Browning

Nester Realty License #475138941 Listed on: 07/25/2022

Last Buyer's Agent

Judy Browning

Nester Realty License #475138941 Listed on: 07/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,613

Year Built

  • Built in 1959

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 48 x 150

Home Design

  • 1,550 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Parking

  • Carport
  • On-Street Parking

Schools

  • Madison Dist 12 Elementary And Middle School
  • Madison High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, gas, water
  • Assessor Parcel Number 21-2-19-25-08-203-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,613

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: 12TH STREET
  • Municipality Township: Venice
  • Special Description: No Exemptions
  • Age: 63
  • Ownership: Private
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: No Basement/Slab
  • Square Footage: 1550

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: 1-2 Car Carport, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Gas
  • Heating: Forced Air

Schools

  • Elementary School: MADISON DIST 12
  • Junior High School: MADISON DIST 12
  • School District: Madison DIST 12
  • Senior High School: Madison

Lot Info

  • Lot Dimensions: 48 X 150
  • Lot Sq Ft: 7200
  • Acres: 0.1653

Rental Info

  • Tenancy Type: Leases, Subsidized Rents
  • Tenant Pays: Electric, Gas, Water

Multi Family

  • Gross Operating Income: 13800.00
  • Units: 2
  • Total Expenses: 4200.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 1807
  • Assessor Parcel Number: 21-2-19-25-08-203-012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Roi Turnkey Properties Llc
Bought by
Baird John and Baird Marla Lou
Current Estimated Value
$149,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,875
Outstanding Balance
$103,597
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$45,980

Purchase Details

Listed on
Jul 25, 2022
Closed on
Dec 21, 2022
Sold by
Emma Properties Llc
Bought by
Roi Turnkey Properties Llc
Seller's Agent
Judy Browning
Nester Realty
Buyer's Agent
Judy Browning
Nester Realty
List Price
$85,000
Sold Price
$64,650
Premium/Discount to List
-$20,350
-23.94%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.22%

Purchase Details

Closed on
Dec 31, 2007
Sold by
Hill Eric and Shipp Kenneth
Bought by
Emma Properties Llc
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
Baird John $142,500 None Available
Roi Turnkey Properties Llc $65,000 Metro Title & Escrow Co
Emma Properties Llc -- Metro Title & Escrow Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baird John $106,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2022 12/21/22 Sold $64,650 -13.8% $42 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
10/09/2022 10/09/22 Price Changed $75,000 -11.8% $48 / Sq Ft
07/25/2022 07/25/22 For Sale $85,000 -- $55 / Sq Ft
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 $6,613 $53,840 $910 $52,930
2023 $6,613 $14,930 $800 $14,130
2022 $1,952 $13,200 $710 $12,490
2021 $1,807 $12,430 $670 $11,760
2020 $1,813 $12,160 $660 $11,500
2019 $1,828 $12,380 $670 $11,710
2018 $1,863 $14,550 $780 $13,770
2017 $1,959 $14,710 $790 $13,920
2016 $1,927 $14,710 $790 $13,920
2015 $1,858 $14,250 $760 $13,490
2014 $1,858 $14,250 $760 $13,490
2013 $1,858 $14,420 $770 $13,650
Source: Public Records

Agents Affiliated with this Home

  • Judy Browning

    Seller's Agent in 2022

    Judy Browning

    Nester Realty

    (618) 960-3448

    4 in this area

    123 Total Sales

    Judy Browning
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Map

Source: MARIS MLS

MLS Number: MIS22049047

MARIS MLS

APN: 21-2-19-25-08-203-012

Illinois Madison County Madison 62060

1108 Reynolds St, Madison, IL

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