NOT LISTED FOR SALE

118 N 15th St Belleville, IL 62220

Estimated Value: $84,000 - $85,000

-- Bed
-- Bath
1,709 Sq Ft
$49/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $48,000 $28 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $533/month

84 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating and Cooling System
  • Detached Garage

About This Home

As of October 2019

Great duplex ready to rent! This money maker is ready to go! It won't be on the market long. The lower unit is a large 2 bedroom that recently rented for $650. The upper unit is a 1 bedroom 1 bath that rented for $425. The duplex was remolded in 2005. There is a 27x19 detached garage. Unit A city compliant until 10-9-2019 and unit b is compliant until 3-2020. All information including square footage, lot size, school district and etc. to be verified by the buyer. Operating numbers are based on it being vacant.

Last Agent to Sell the Property

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 07/16/2019

Last Buyer's Agent

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 07/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1898

Lot Details

  • 5,881 Sq Ft Lot
  • Lot Dimensions are 50x121

Parking

  • Detached Garage

Home Design

  • 1,709 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 08-21.0-302-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,700

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 121
  • Ownership: Private
  • Year Built: 1898
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Deck, Patio
  • Square Footage: 1709

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: 1-2 Car Detached Grg

Utilities

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

Schools

  • School District: Belleville DIST 118
  • Elementary School: BELLEVILLE DIST 118
  • Middle School: BELLEVILLE DIST 118
  • High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 50x121
  • Lot Sq Ft: 5881
  • Acres: 0.1350

Rental Info

  • Tenancy Type: 1 or More Vacant
  • Tenant Pays: Electric, Gas

Multi Family

  • Units: 2
  • Total Expenses: 3193.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2193
  • Assessor Parcel Number: 08-21.0-302-010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Oct 9, 2019
Sold by
Infinite Properties Iii Llc
Bought by
Buyus Properties Llc
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Gary Johnston
Johnston Realty, Inc.
List Price
$59,000
Sold Price
$48,000
Premium/Discount to List
-$11,000
-18.64%
Current Estimated Value
$84,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,500
Avg. Annual Appreciation
9.87%

Purchase Details

Closed on
Dec 17, 2012
Sold by
Infinite Properties Iii Llc
Bought by
Infinite Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,101
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 23, 2005
Sold by
Alves Y Charles and Alves Ann L
Bought by
Infinite Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,293
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Buyus Properties Llc $48,000 First American
Infinite Properties Iii Llc -- Pti
Infinite Properties Inc $43,500 Town & Country Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Infinite Properties Iii Llc $38,101
Previous Owner Infinite Properties Inc $29,293
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2019 10/10/19 Sold $48,000 -11.9% $28 / Sq Ft
08/16/2019 08/16/19 Price Changed $54,500 -7.6% $32 / Sq Ft
07/16/2019 07/16/19 For Sale $59,000 -- $35 / 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 $2,700 $30,703 $2,735 $27,968
2023 $2,570 $27,375 $2,680 $24,695
2022 $2,359 $24,645 $2,413 $22,232
2021 $2,272 $22,784 $2,231 $20,553
2020 $2,208 $21,546 $2,110 $19,436
2019 $2,243 $21,651 $2,114 $19,537
2018 $2,193 $21,183 $2,068 $19,115
2017 $2,176 $21,033 $2,053 $18,980
2016 $2,149 $20,586 $2,009 $18,577
2014 $1,598 $17,284 $3,545 $13,739
2013 $2,674 $17,531 $3,596 $13,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS19053675

MARIS MLS

APN: 08-21.0-302-010