NOT LISTED FOR SALE

1160 E 8th St Metropolis, IL 62960

Estimated Value: $150,965

3 Beds
4 Baths
2,288 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $115,000 $50 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,090/month

42 Days on Market

About This Home

As of May 2021

4 unit building and 9 storage units 3 (three) - 1 bedroom 1 bath units with washer and dryer hookups 1 (one) - studio/efficiency unit Tenant pays utilities except gas. Landlord pays gas. Refrigerator and stove in the 1 bedroom units. No Smoking, NOW accepting One (1) small pet under 25 lbs. Tenant pays for electricity, water and trash utilities. Landlord pays gas.

Last Agent to Sell the Property

Steven Koleno

RE/MAX Legends License #471019159 Listed on: 02/19/2021

RE/MAX Legends

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,045

Year Built

  • Built in 1978

Lot Details

  • 0.39

Interior Spaces

  • 1-Story Property
  • Crawl Space

Schools

  • Metropolis High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,045

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story
  • Legal Description: Bk0146, 100 X 170 Ft Of Se Cor
  • Lvt Date: 02/20/2021
  • Year Built: 1978
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 3
  • Number of Ranges: 3
  • Number Refrigerators: 4
  • Number Washers: 3
  • Basement: Crawl Space, Slab
  • Price Per Sq Ft: 50.26
  • Total Sq Ft: 2288

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Carport, Parking Garage
  • Number Parking Spaces: 16

Utilities

  • Heating Cooling: Electric Air Cleaner, Gas, Wall Units
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Metropolis
  • High School: Metropolis

Lot Info

  • Estimated Lot Size: 100 x 170
  • Subdivision: Fourth & Massac
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Gross Annual Rent Income: 21780

Tax Info

  • Annual Taxes: 6045
  • Parcel Id Number Tax Id: 08-01-446-003
  • Tax Year: 2019

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 21780
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
May 6, 2021
Sold by
Willison Charles and Willison Janet
Bought by
Rainmaker Properties Llc
Seller's Agent
Steven Koleno
RE/MAX Legends
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%
Current Estimated Value
$150,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,965
Avg. Annual Appreciation
5.97%
Original Mortgage
$97,750
Outstanding Balance
$89,469
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$58,351
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
Rainmaker Properties Llc $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainmaker Properties Llc $97,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $115,000 -11.5% $50 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $130,000 -- $57 / Sq Ft
Source: RMLS Alliance

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 $3,229 $39,298 $14,535 $24,763
2023 $3,381 $37,000 $13,685 $23,315
2022 $3,321 $37,000 $13,685 $23,315
2021 $3,293 $37,000 $13,685 $23,315
2020 $6,045 $62,365 $13,685 $48,680
2019 $5,360 $61,193 $13,428 $47,765
2018 $5,314 $62,365 $13,685 $48,680
2017 $5,501 $62,365 $13,685 $48,680
2016 $5,075 $60,937 $13,372 $47,565
2015 $5,039 $62,365 $13,685 $48,680
2014 $5,039 $62,365 $13,685 $48,680
2013 $4,895 $62,365 $13,685 $48,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4219045

RMLS Alliance

APN: 08-01-446-003