113 E 3rd St O Fallon, IL 62269
--
Bed
--
Bath
1,908
Sq Ft
7,013
Sq Ft Lot
About This Home
As of April 2020Amazing 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
Red Door Realty Group Inc License #471.020000 Listed on: 02/26/2020
Last Buyer's Agent
Andy Pelak
RE/MAX Preferred License #471004222
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 2, 2020
Sold by
Garlit Lawrence
Bought by
Lcgarlit Llc
Current Estimated Value
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
11.05%
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
Similar Home in O Fallon, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Benedick Title Ins | |
| Warranty Deed | $123,000 | Benedick Title Ins | |
| Warranty Deed | $120,500 | Advanced Title Solutions Inc | |
| Warranty Deed | $88,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $760,000 | Commercial | |
| Closed | $92,250 | New Conventional | |
| Previous Owner | $93,450 | Commercial | |
| Previous Owner | $33,000 | Unknown | |
| Previous Owner | $86,777 | Unknown | |
| Previous Owner | $85,336 | FHA |
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
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
-
Seller's Agent in 2020
Courtney Marsh
Red Door Realty Group Inc
(618) 900-0082
99 in this area
417 Total Sales
-
A
Buyer's Agent in 2020
Andy Pelak
RE/MAX Preferred
-
S
Seller's Agent in 2018
Sharon Zrenner
Real Estate Pro's, LLC
(618) 567-4299
21 in this area
51 Total Sales
-
J
Buyer's Agent in 2018
Joni Bugger
RE/MAX
Map
Source: MARIS MLS
MLS Number: MIS20012229
APN: 04-29.0-314-006
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