NOT LISTED FOR SALE

113 E 3rd St O Fallon, IL 62269

Estimated Value: $186,000 - $190,000

-- Bed
-- Bath
1,908 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $123,000 $64 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,333/month

50 Days on Market

About This Home

As of April 2020

Amazing Investment opportunity in O'Fallon. Conveniently located Triplex with 2 occupied and 1 vacant unit ready for owner occupancy or additional tenant placement. Main level is vacant unit ($675) is a one bedroom with updated bathroom, kitchen and hardwood floors. Main level unit also has access to the full basement with washer/dryer hookup and storage. Upper-level unit is a 1 bed, 1 bath and currently occupied on a term lease renting for $550. There is an additional 1 bed/1 bath stand-alone unit with access off of alley way that is currently rented on an at-will lease for $400

Last Agent to Sell the Property

Courtney Marsh

Red Door Realty Group Inc License #471.020000 Listed on: 02/26/2020

Last Buyer's Agent

Andy Pelak

RE/MAX Preferred License #471004222

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,989

Year Built

  • Built in 1905

Lot Details

  • 7,013 Sq Ft Lot

Home Design

  • 1,908 Sq Ft Home
  • Triplex
  • Vinyl Siding

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Ofallon Dist 90 Elementary And Middle School
  • Ofallon High School

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04-29.0-314-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,989

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: O'Fallon
  • Special Description: No Exemptions
  • Age: 115
  • Ownership: Private
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 1908

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Off Street, On Street Parking

Utilities

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

Schools

  • School District: O Fallon DIST 90
  • Elementary School: OFALLON DIST 90
  • Middle School: OFALLON DIST 90
  • High School: OFallon
  • Elementary School: OFALLON DIST 90
  • Junior High School: OFALLON DIST 90
  • School District: O Fallon DIST 90
  • Senior High School: OFallon

Lot Info

  • Lot Dimensions: as platted
  • Lot Sq Ft: 7013
  • Acres: 0.1610

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases, Month To Month
  • Tenant Pays: All Utilities

Multi Family

  • Units: 3
  • Type Of Units: 3-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 3510
  • Assessor Parcel Number: 04-29.0-314-006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Garlit Lawrence
Bought by
Lcgarlit Llc
Total Days on Market
50
Current Estimated Value
$188,667

Purchase Details

Listed on
Feb 26, 2020
Closed on
Apr 17, 2020
Sold by
Redesign Homes & Rentals Llc
Bought by
Garlit Lawrence C
Seller's Agent
Courtney Marsh
Red Door Realty Group Inc
Buyer's Agent
Andy Pelak
RE/MAX Preferred
List Price
$129,900
Sold Price
$123,000
Premium/Discount to List
-$6,900
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$92,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2018
Closed on
Aug 25, 2018
Sold by
Casey Ann E
Bought by
Reddesign Homes & Rentals Llc
Seller's Agent
Sharon Zrenner
Real Estate Pro's, LLC
Buyer's Agent
Joni Bugger
Re/Max Signature Properties
List Price
$128,900
Sold Price
$118,000
Premium/Discount to List
-$10,900
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$93,450
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2002
Sold by
Gr Investments Llc
Bought by
Casey Ann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,336
Interest Rate
6.41%
Mortgage Type
FHA
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
Lcgarlit Llc -- Benedick Title Ins
Garlit Lawrence C $123,000 Benedick Title Ins
Reddesign Homes & Rentals Llc $120,500 Advanced Title Solutions Inc
Casey Ann E $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lcgarlit Llc $760,000
Closed Garlit Lawrence C $92,250
Previous Owner Reddesign Homes & Rentals Llc $93,450
Previous Owner Casey Ann E $33,000
Previous Owner Casey Ann E $86,777
Previous Owner Casey Ann E $85,336
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $123,000 -5.3% $64 / Sq Ft
02/26/2020 02/26/20 For Sale $129,900 +10.1% $68 / Sq Ft
10/19/2018 10/19/18 Sold $118,000 -8.5% $175 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/29/2018 07/29/18 For Sale $128,900 0.0% $192 / Sq Ft
12/30/2014 12/30/14 Rented $475 0.0% --
12/30/2014 12/30/14 For Rent $475 -- --
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
2023 $3,989 $52,655 $3,914 $48,741
2022 $3,773 $48,409 $3,598 $44,811
2021 $3,707 $46,691 $3,610 $43,081
2020 $3,682 $44,197 $3,417 $40,780
2019 $3,603 $44,197 $3,417 $40,780
2018 $3,510 $42,914 $3,318 $39,596
2017 $3,610 $42,555 $3,460 $39,095
2016 $3,600 $41,561 $3,379 $38,182
2014 $3,334 $41,080 $3,340 $37,740
2013 $2,207 $41,953 $3,289 $38,664
Source: Public Records

Agents Affiliated with this Home

  • Courtney Marsh

    Seller's Agent in 2020

    Courtney Marsh

    Red Door Realty Group Inc

    (618) 900-0082

    425 Total Sales

    Courtney Marsh
    Section Image
  • Andy Pelak

    Buyer's Agent in 2020

    Andy Pelak

    RE/MAX Preferred

    (618) 567-6676

    Section Image

  • S

    Seller's Agent in 2018

    Sharon Zrenner

    Real Estate Pro's, LLC

    (618) 567-4299

    52 Total Sales

    Sharon Zrenner
    Section Image
  • Joni Bugger

    Buyer's Agent in 2018

    Joni Bugger

    RE/MAX

    (618) 772-9272

    84 Total Sales

    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS20012229

MARIS MLS

APN: 04-29.0-314-006

Illinois St. Clair County O'Fallon 62269

113 E 3rd St, O'Fallon, IL

This home is located at 113 E 3rd St, O Fallon, IL 62269 since 26 February 2020 and is currently estimated at $188,667, approximately $98 per square foot. This property was built in 1905. 113 E 3rd St is a home located in St. Clair County with nearby schools including Kampmeyer Elementary School, Carriel Junior High School, and O'Fallon Township High School.

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