NOT LISTED FOR SALE

1330 N Summit Ave Decatur, IL 62526

Ravina Park Neighborhood
1 Bed
1 Bath
-- Sq Ft
1 Acres

Last Sold October 26, 2021

Last sale price $580,000

28 Days on Market

Highlights

  • 1 Acre Lot
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of October 2021

Package under Due Diligence until Aug 16. Sold as package with the 28 Unit Bldg at 735 West Decatur St. 58 Units Total
1330 Summit is 30 unit and Fully occupied.
735 West Decatur has 5 units requiring renovation to become Rent Ready.
Strong cash flow.
No Property Management contracts in place allowing immediate self manage or use manager of Choice.
PER OWNER: No Financials or Access until LOI and POF submitted.

Last Agent to Sell the Property

Tim Vieweg

Vieweg RE/Better Homes & Gardens Real Estate-Service First License #471018186 Listed on: 06/14/2021

Vieweg RE/Better Homes & Gardens Real Estate-Service First

Last Buyer's Agent

Tim Vieweg

Vieweg RE/Better Homes & Gardens Real Estate-Service First License #471018186 Listed on: 06/14/2021

Vieweg RE/Better Homes & Gardens Real Estate-Service First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,851

Year Built

  • Built in 1973

Lot Details

  • 1

Schools

  • Oak Grove Elementary School
  • Stephen Decatur Middle School
  • Macarthur High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 1 Acre Lot

Community Details

  • 58 Units

Listing and Financial Details

  • Assessor Parcel Number 04-12-09-178-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,851

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Co List Office Mls Id: 730730
  • Co List Office Phone: 217-450-8500
  • Directions: W on Grand, Right on Summit
  • Lot Size Acres: 1.0
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1973
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: None
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Other
  • Waterfront: No

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Forced Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Oak Grove
  • High School: Macarthur
  • Middle Or Junior School: Stephen Decatur
  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 43850.0
  • Parcel #: 04-12-09-178-005
  • Zoning: Other
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 58

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12851.0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $580,000 -50.0% --
07/13/2021 07/13/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $1,160,000 -- --
Source: Central Illinois Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tim Vieweg

    Seller's Agent in 2021

    Tim Vieweg

    Vieweg RE/Better Homes & Gardens Real Estate-Service First

    (217) 454-4037

    13 in this area

    500 Total Sales

    Tim Vieweg
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Joe Teague

    Road Runner Real Estate Sales & Investments

    Section Image
See All Agents

Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6212834

Illinois Macon County Decatur 62526 Ravina Park

1330 N Summit Ave, Decatur, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes