NOT LISTED FOR SALE

1231 E B St Belleville, IL 62221

Estimated Value: $139,000 - $177,000

-- Bed
-- Bath
1,860 Sq Ft
$85/Sq Ft Est. Value

Last Sold January 02, 2018

Last sale price $50,000 $27 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $1,130/month

68 Days on Market

About This Home

As of January 2018

1233 is also included in sale--Nicely maintained duplex with some updates, newer vinyl siding, some thermal windows, full front porch, close to Downtown Belleville, Each side pays there own utilities, shared basement, drive way is off Florida St. Currently both sides are vacant-Motivated Seller-Priced for a Quick Sale!!!-Some furniture may stay with 1233.

Last Agent to Sell the Property

Mike Gross

Coldwell Banker Brown Realtors License #471003077 Listed on: 08/30/2017

Coldwell Banker Brown Realtors

Last Buyer's Agent

Mike Gross

Coldwell Banker Brown Realtors License #471003077 Listed on: 08/30/2017

Coldwell Banker Brown Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • 1924

Lot Details

  • 5,924 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • Off-Street Parking

Home Design

  • 1,860 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Year Built

1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Florida
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 93
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Misc Features: Basement
  • Square Footage: 1860

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall, Central-Electric
  • Heating: Forced Air

Lot Info

  • Lot Dimensions: 50x125
  • Lot Sq Ft: 5924
  • Acres: 0.1360

Rental Info

  • Tenancy Type: None
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 10000.00
  • Units: 2
  • Total Expenses: 5000.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 1954

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Dec 8, 2017
Sold by
Patterson James W
Bought by
Gilbert Allen L and Gilbert Kelli
Seller's Agent
Mike Gross
Coldwell Banker Brown Realtors
Buyer's Agent
Mike Gross
Coldwell Banker Brown Realtors
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%
Current Estimated Value
$157,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,407
Avg. Annual Appreciation
15.46%

Purchase Details

Closed on
Oct 29, 2007
Sold by
Patterson James W
Bought by
Patterson James W and Patterson Delores M

Purchase Details

Closed on
May 11, 2007
Sold by
Kordestani Paul P and Kordestani Julia A
Bought by
Patterson James W

Purchase Details

Closed on
Sep 23, 2003
Sold by
Wagner Jack W
Bought by
Kordestani Paul P and Kordestani Julia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gilbert Allen L $5,000 Professional Title Ins & Esc
Patterson James W -- None Available
Patterson James W $84,000 Pti
Kordestani Paul P $78,000 Pti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kordestani Paul P $62,400
Closed Gilbert Allen L $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2018 01/02/18 Sold $50,000 -37.4% $27 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $79,900 -- $43 / 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 $3,694 $42,009 $4,091 $37,918
2023 $3,356 $35,749 $4,010 $31,739
2022 $3,080 $32,183 $3,610 $28,573
2021 $2,966 $29,752 $3,337 $26,415
2020 $2,883 $28,136 $3,156 $24,980
2019 $2,040 $19,693 $3,161 $16,532
2018 $1,995 $19,268 $3,093 $16,175
2017 $2,004 $19,132 $3,071 $16,061
2016 $1,954 $18,726 $3,006 $15,720
2014 $999 $21,604 $3,120 $18,484
2013 $3,328 $21,913 $3,165 $18,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17070092

MARIS MLS

APN: 08-22.0-223-010