$194,900
SOLD SEP 3, 2024
-- Bed
-- Bath
2,040 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

3% Above List Price

87 Days on Market

Highlights

  • Brick or Stone Veneer Front Elevation
  • Forced Air Heating System
  • Mini Split Air Conditioners
  • O'Fallon Township High School Rated A-

About This Home

As of September 2024

Located at the end of a tranquil cul-de-sac in the highly desirable Fairview Heights neighborhood, this all-brick duplex is an exceptional investment opportunity. Both units feature 2 bedrooms and 1 full bath, with recent updates enhancing their appeal. Each side is currently rented, ensuring immediate income. The property boasts covered parking and an outside storage area for added convenience. Situated within a mile of restaurants, shopping, and schools, this duplex combines modern comfort with an unbeatable location. Professional property management is already in place, making this a seamless and profitable investment.

Last Agent to Sell the Property

Darin Revermann

Real Broker LLC License #475.179348 Listed on: 05/20/2024

Last Buyer's Agent

Shawna Holtman

Keller Williams Pinnacle License #475142781

Keller Williams Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,433

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 79x119x80x119

Home Design

  • 2,040 Sq Ft Home
  • Brick or Stone Veneer Front Elevation

Parking

  • Carport
  • Driveway
  • Off-Street Parking

Schools

  • Pontiac-W Holliday Dist 105 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System

Community Details

  • Net Operating Income $10,576

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, trash collection
  • Assessor Parcel Number 03-27.0-405-038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,433

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Directions: Lincoln Highway to Keenlan Drive to Stacy Drive
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.22
  • Co List Office Phone: 5749405
  • Subdivision Name: Patricia Gardens 6th add
  • Above Grade Finished Sq Ft: 2040
  • Age: 51
  • Total Expenses: 1371.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Refrigerator(s), Some Range Oven(s)

Exterior Features

  • Disclosures: Unknown, Leases Avaliable
  • Construction Type: Fl Brick/Stn Veneer

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport - 1-2 Car, Off Street
  • Driveway: Concrete

Utilities

  • Sewer: Public Sewer
  • Cooling: Individual Units
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: PONTIAC-W HOLLIDAY DIST 105
  • Junior High Dist: Pontiac-W Holliday DIST 105
  • High School: Belleville High School-East
  • Middle Or Junior School: PONTIAC-W HOLLIDAY DIST 105

Lot Info

  • Lot Dimensions: 79x119x80x119
  • Lot Size Sq Ft: 9583
  • Parcel Number: 03-27.0-405-038

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Trash Collection
  • Lease Term: Leases
  • Sub Lease: 0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3433

Multi Family

  • Net Operating Income: 10576
  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Aug 30, 2024
Sold by
Boeckmann Zachary
Bought by
K & K Rental Property Group Llc
Seller's Agent
Darin Revermann
Real Broker LLC
Buyer's Agent
Shawna Holtman
Keller Williams Pinnacle
List Price
$189,900
Sold Price
$194,900
Premium/Discount to List
$5,000
2.63%
Views
15
Current Estimated Value
$196,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,488
Avg. Annual Appreciation
0.88%
Original Mortgage
$155,900
Outstanding Balance
$154,941
Interest Rate
6.73%
Mortgage Type
Commercial
Estimated Equity
$41,447

Purchase Details

Listed on
Feb 22, 2019
Closed on
May 15, 2019
Sold by
Pig Investments Llc
Bought by
Boeckmann Zachary
Seller's Agent
janet freed
Re/Max Signature Properties
Buyer's Agent
Darin Revermann
Real Broker LLC
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$115,954
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2006
Sold by
Wolf Steve C
Bought by
Pig Investments Llc

Purchase Details

Closed on
Mar 7, 2001
Sold by
Wolf Steven and Wolf Prudence R
Bought by
Wolf Prudence R and Wolf Steven C
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
Warranty Deed $195,000 Community Title
Warranty Deed $115,000 First American Title Ins Co
Deed $138,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,900 Commercial
Previous Owner $115,954 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $194,900 +2.6% $96 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $189,900 +65.1% $93 / Sq Ft
05/15/2019 05/15/19 Sold $115,000 -7.9% $56 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $124,900 0.0% $61 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $124,900 0.0% $61 / Sq Ft
10/26/2015 10/26/15 Rented $725 -3.3% --
09/26/2015 09/26/15 Under Contract -- -- --
08/12/2015 08/12/15 For Rent $750 -- --
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 $3,512 $51,929 $5,544 $46,385
2022 $3,433 $49,779 $5,433 $44,346
2021 $3,346 $47,247 $5,157 $42,090
2020 $3,303 $44,755 $4,885 $39,870
2019 $3,191 $44,755 $4,885 $39,870
2018 $3,130 $42,853 $5,224 $37,629
2017 $1,524 $41,114 $5,012 $36,102
2016 $3,005 $40,186 $4,899 $35,287
2014 $1,563 $47,474 $6,511 $40,963
2013 $3,227 $48,349 $6,631 $41,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24030656

MARIS MLS

APN: 03-27.0-405-038