$118,000
SOLD OCT 19, 2018

113 E 3rd St O Fallon, IL 62269

-- Bed
-- Bath
673 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$175 Per Sq Ft

8% Below List Price

2 Days on Market

Highlights

  • Detached Garage
  • Patio
  • Forced Air Heating and Cooling System
  • Kampmeyer Elementary School Rated A-

About This Home

As of April 2020

Great investment opportunity. triplex in the well sought after O'fallon area. One of Southern Illinois hottest emerging areas! This property is well maintained, has good tenants & income. Lower level unit is excellent for owner occupant or has previously been leased.The front 2-story building has 2 spacious 1 bd/1bth units. First floor unit has access to full basement & washer & dryer area in kitchen. The third rental, located off the alley in the back , is a 1 bd/1bth cottage with a detached 2-car garage.

Last Agent to Sell the Property

Sharon Zrenner

Real Estate Pro's, LLC License #471015368 Listed on: 07/29/2018

Last Buyer's Agent

Joni Bugger

Re/Max Signature Properties License #475157254

Re/Max Signature Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,989

Year Built

  • 1905

Home Design

  • Triplex
  • Updated or Remodeled
  • Vinyl Siding

Parking

  • Detached Garage
  • Additional Parking
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Lot Dimensions are 50x149
  • Basement

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,989

Year Built

1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: south lincoln
  • Special Description: No Exemptions, Renovated
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1905

Interior Features

  • Misc Features: Basement, Patio
  • Square Footage Unknown: Yes

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: 1-2 Car Detached Grg, Additional Parking, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall, 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

Lot Info

  • Lot Dimensions: 50x149

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases, Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric

Multi Family

  • Gross Operating Income: 6750.00
  • Units: 2
  • Total Expenses: 6750.00
  • Type Of Units: 3-Family

Tax Info

  • Taxes Paid: 3700

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
2
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
8.68%
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 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

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

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Map

Source: MARIS MLS

MLS Number: MIS18061514

MARIS MLS

APN: 04-29.0-314-006