NOT LISTED FOR SALE

1238 Brown St Alton, IL 62002

Estimated Value: $151,000 - $188,000

-- Bed
4 Baths
2,442 Sq Ft
$67/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $125,500 $51 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,111/month

79 Days on Market

About This Home

As of November 2021

ALTON MULTI UNIT. THIS 4 ONE BEDROOM PROPERTY IS FULLY RENTED. NEW 100 AMP SERVICE FOR ALL UNITS. PROPERTY OFFERS GOOD CASH FLOW OPPURTUNITY. DONT MISS OUT.

Last Agent to Sell the Property

Matt Horn

Landmark Realty License #2023007773 Listed on: 08/13/2021

Last Buyer's Agent

Jenny Wisniewski

Landmark Realty License #475163192

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,572

Year Built

  • Built in 1925

Lot Details

  • 7,797 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 2,442 Sq Ft Home
  • Quadruplex

Schools

  • Alton Dist 11 Elementary And Middle School
  • Alton High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 23-2-07-12-16-401-038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,572

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: ROCK SPRINGS
  • Municipality Township: Alton
  • Special Description: No Exemptions
  • Age: 96
  • Ownership: Owner By Contract
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 2442

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: 1 Window/Wall
  • Heating: Forced Air

Schools

  • School District: Alton DIST 11
  • Elementary School: ALTON DIST 11
  • Middle School: ALTON DIST 11
  • High School: Alton
  • Elementary School: ALTON DIST 11
  • Junior High School: ALTON DIST 11
  • School District: Alton DIST 11
  • Senior High School: Alton

Lot Info

  • Lot Dimensions: 60 X 129.6 IRR.
  • Lot Sq Ft: 7797
  • Acres: 0.1790

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric

Multi Family

  • Gross Operating Income: 21060.00
  • Units: 1
  • Total Expenses: 10117.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2247
  • Assessor Parcel Number: 23-2-07-12-16-401-038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Omlor Britney D and Omlor Christopher D
Bought by
Relevant Spaces Llc
Current Estimated Value
$164,596

Purchase Details

Listed on
Aug 13, 2021
Closed on
Nov 1, 2021
Sold by
Premier Acquisitions Llc
Bought by
Omlor Britney D and Omlor Christopher D
Seller's Agent
Matt Horn
Landmark Realty
Buyer's Agent
Jenny Wisniewski
Landmark Realty
List Price
$135,000
Sold Price
$125,500
Premium/Discount to List
-$9,500
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$94,125
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2021
Sold by
Hentrich John F and Hentrich Mary Ann
Bought by
Premier Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Relevant Spaces Llc -- Serenity Title & Escrow
Omlor Britney D $125,500 Serenity Title & Escrow
Premier Acquisitions Llc $82,000 Serenity Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Omlor Britney D $94,125
Previous Owner Premier Acquisitions Llc $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $125,500 -7.0% $51 / Sq Ft
08/13/2021 08/13/21 For Sale $135,000 -- $55 / 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 $2,572 $31,640 $2,360 $29,280
2023 $2,572 $28,570 $2,130 $26,440
2022 $2,417 $25,830 $1,930 $23,900
2021 $2,223 $24,270 $1,810 $22,460
2020 $2,172 $23,410 $1,750 $21,660
2019 $2,247 $22,880 $1,710 $21,170
2018 $2,187 $22,290 $1,670 $20,620
2017 $2,087 $21,570 $1,660 $19,910
2016 $2,045 $21,570 $1,660 $19,910
2015 $1,944 $21,570 $1,660 $19,910
2014 $1,944 $21,570 $1,660 $19,910
2013 $1,944 $22,160 $1,710 $20,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21058256

MARIS MLS

APN: 23-2-07-12-16-401-038