NOT LISTED FOR SALE

1122 N Montgomery Ave Litchfield, IL 62056

Estimated Value: $91,000 - $119,000

-- Bed
-- Bath
1,650 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $76,000 $46 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $753/month

About This Home

As of March 2021

This home is located at 1122 N Montgomery Ave, Litchfield, IL 62056 since 21 April 2021 and is currently estimated at $103,333, approximately $62 per square foot. This property was built in 1980. 1122 N Montgomery Ave is a home located in Montgomery County with nearby schools including Madison Park Elementary School, J.D. Colt Elementary School, and Russell Elementary School.

Last Agent to Sell the Property

Lori Weiss

MCR Realty Professionals, Inc License #475122693 Listed on: 04/21/2021

Last Buyer's Agent

Lori Weiss

MCR Realty Professionals, Inc License #475122693 Listed on: 04/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1980

Lot Details

  • 10,716 Sq Ft Lot
  • Lot Dimensions are 150 x 140

Parking

  • Carport

Home Design

  • 1,650 Sq Ft Home
  • Duplex
  • Vinyl Siding

Schools

  • Litchfield Dist 12 Elementary And Middle School
  • Litchfield Community High Scho

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Shared Water Source
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas, sewer, water
  • Assessor Parcel Number 10-33-260-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,282

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: E Hauser
  • Special Description: No Exemptions
  • Age: 41
  • Ownership: Private
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 1650

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: 1-2 Car Carport

Utilities

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

Schools

  • School District: LITCHFIELD DIST 12
  • Elementary School: LITCHFIELD DIST 12
  • Middle School: LITCHFIELD DIST 12
  • High School: Litchfield Community High Scho
  • Elementary School: LITCHFIELD DIST 12
  • Junior High School: LITCHFIELD DIST 12
  • School District: LITCHFIELD DIST 12
  • Senior High School: Litchfield Community High Scho

Lot Info

  • Lot Dimensions: 150 x 140
  • Lot Sq Ft: 10716
  • Acres: 0.2460

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Gas, Sewer, Water

Multi Family

  • Gross Operating Income: 13800.00
  • Total Expenses: 4000.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2170
  • Assessor Parcel Number: 10-33-260-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Mar 31, 2021
Sold by
Peters Daniel W and Peters Carol Jean
Bought by
Edwards Rentals Llc
Seller's Agent
Lori Weiss
MCR Realty Professionals, Inc
Buyer's Agent
Lori Weiss
MCR Realty Professionals, Inc
List Price
$76,000
Sold Price
$76,000
Current Estimated Value
$103,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,333
Avg. Annual Appreciation
5.77%
Original Mortgage
$268,800
Outstanding Balance
$242,983
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$145,638
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
Edwards Rentals Llc $300,000 Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Rentals Llc $268,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 For Sale $76,000 0.0% $46 / Sq Ft
03/31/2021 03/31/21 Sold $76,000 -- $46 / 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 $2,282 $27,100 $4,830 $22,270
2023 $2,195 $25,590 $4,560 $21,030
2022 $2,309 $26,340 $4,300 $22,040
2021 $2,252 $25,490 $4,160 $21,330
2020 $2,135 $24,170 $3,950 $20,220
2019 $2,170 $23,730 $3,880 $19,850
2018 $2,174 $23,010 $3,760 $19,250
2017 $2,170 $22,700 $3,710 $18,990
2016 $2,131 $22,040 $3,600 $18,440
2015 $2,044 $22,200 $3,630 $18,570
2013 $1,987 $21,840 $3,570 $18,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21020422

MARIS MLS

APN: 10-33-260-007