$125,000
SOLD OCT 4, 2024

1240 Vermont St Quincy, IL 62301

4 Beds
3 Baths
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

16% Below List Price

37 Days on Market

About This Home

As of October 2024

Property includes 3 units - the main house is around 2,100 Sq. Ft. and features a 1 bedroom/1 bath apartment downstairs and a 2 bedroom/1 bath upstairs. In 2020, the garage was converted into an all electric 500 Sq. Ft - 1 bedroom/1 bath apartment and is currently renting for $525/mo. The long term upstairs tenants pay $650/mo and are currently using the main house, but downstairs could easily be rented again to create even more cash flow. Some upgrades over the years include upper bathroom remodel with onyx shower in 2015 and new wiring in the lower unit in 2015. Furnaces in main house were replaced in 2012 and 2015., Stove included, Refrigerator included

Last Agent to Sell the Property

Chris Baird

Bower & Associates, Inc., REALTORS License #475200588 Listed on: 07/29/2024

Last Buyer's Agent

Deanna Zanger

Zanger & Associates, Inc., REALTORS License #475134434

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,171

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 39x187

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Schools

  • Baldwin Elementary School
  • Quincy High School

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,171

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Legal Description: LOT 14 NASHS LOT 25 & 25 - NEVIN LOT 14
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 149000

Schools

  • Elementary School: Baldwin
  • High School: Quincy

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 39X187
  • Zoning: SINGL

Rental Info

  • Board Number: 27

Tax Info

  • Tax Annual Amount: 2171
  • Tax Year: 2023

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Oct 4, 2024
Sold by
Rivard Property Management Corporation
Bought by
Doellman Brian J and Doellman Andrea S
Seller's Agent
Chris Baird
Bower & Associates, Inc., REALTORS
Buyer's Agent
Deanna Zanger
Zanger & Associates, Inc., REALTORS
List Price
$149,000
Sold Price
$125,000
Premium/Discount to List
-$24,000
-16.11%
Views
37
Current Estimated Value
$132,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,418
Avg. Annual Appreciation
2.91%
Original Mortgage
$100,000
Outstanding Balance
$99,446
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$28,824
Source: Public Records

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Range of Values:

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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 $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $59,083 New Conventional
Previous Owner $65,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $125,000 -16.1% --
09/04/2024 09/04/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $149,000 +181.1% --
12/19/2014 12/19/14 Sold $53,000 -24.2% --
11/19/2014 11/19/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $69,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $2,307 $35,380 $5,340 $30,040
2023 $2,171 $32,820 $4,950 $27,870
2022 $2,171 $30,640 $4,620 $26,020
2021 $2,069 $30,030 $4,530 $25,500
2020 $1,354 $19,640 $4,440 $15,200
2019 $1,329 $19,430 $4,390 $15,040
2018 $1,318 $19,050 $4,300 $14,750
2017 $1,285 $18,860 $4,260 $14,600
2016 $1,262 $18,100 $4,090 $14,010
2015 $1,016,120 $18,100 $4,090 $14,010
2012 $1,531 $22,090 $3,950 $18,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12246750

Midwest Real Estate Data (MRED)

APN: 23-1-1396-000-00