NOT LISTED FOR SALE

14 Minden Dr Belleville, IL 62221

Estimated Value: $174,846 - $194,000

-- Bed
-- Bath
1,872 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $140,000 $75 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,240/month

Highlights

  • 0.47 Acre Lot
  • Patio
  • Forced Air Heating and Cooling System
  • Attached Garage

About This Home

As of December 2021

Fantastic opportunity to start or add to your existing rental portfolio with this all-brick, low-maintenance duplex! Each unit is 936 sqft with two bedrooms, one bath, private laundry, patio, and an attached garage. 14 Minden is currently rented for $725, 18 Minden is currently rented for $600. Both units could support higher rents. Located in the popular Whiteside School Dist 115. This duplex has extremely low property tax (6.7796%) which substantially adds to the bottom line for investors. New roof in October 2017, new A/C in December 2013, new carpet and vinyl in May 2021. Property is currently professionally managed.

Last Agent to Sell the Property

Chris Kelly

Real Broker LLC License #475.178639 Listed on: 12/28/2021

Last Buyer's Agent

Chris Kelly

Real Broker LLC License #475.178639 Listed on: 12/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 1959

Lot Details

  • 0.47

Home Design

  • 1,872 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Parking

  • Attached Garage
  • Over 1 Space Per Unit
  • Additional Parking
  • On-Street Parking
  • Off-Street Parking

Schools

  • Whiteside Dist 115 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Laundry in unit
  • Patio
  • 0.47 Acre Lot

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, trash removal, water
  • Assessor Parcel Number 08-14.0-103-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,342

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 62
  • Ownership: Private
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Laundry Facility in, Laundry Facl-Private, No Basement/Slab, Patio
  • Square Footage: 1872

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: 1-2 Car Attached Grg, Additional Parking, Covered, More Than 1 Spc/Unit, Off Street, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: Whiteside DIST 115
  • Elementary School: WHITESIDE DIST 115
  • Middle School: WHITESIDE DIST 115
  • High School: Belleville High School-East
  • Elementary School: WHITESIDE DIST 115
  • Junior High School: WHITESIDE DIST 115
  • School District: Whiteside DIST 115
  • Senior High School: Belleville High School-East

Lot Info

  • Lot Dimensions: 140*145
  • Lot Sq Ft: 20473
  • Acres: 0.4700

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: Electric, Trash Removal, Water

Multi Family

  • Gross Operating Income: 15900.00
  • Units: 2
  • Total Expenses: 6385.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2789
  • Assessor Parcel Number: 08-14.0-103-027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Dec 23, 2021
Sold by
Henschel Nicolas W
Bought by
Jeff Garner Properties Llc
Seller's Agent
Chris Kelly
Real Broker LLC
Buyer's Agent
Chris Kelly
Real Broker LLC
List Price
$130,000
Sold Price
$140,000
Premium/Discount to List
$10,000
7.69%
Current Estimated Value
$183,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,212
Avg. Annual Appreciation
7.28%
Original Mortgage
$75,000
Outstanding Balance
$68,980
Interest Rate
3.11%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$114,232

Purchase Details

Closed on
Jan 21, 2005
Sold by
Zarzecki Joseph J
Bought by
Henschel Nicolas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2002
Sold by
Hubert Dolores C
Bought by
Zarzecki Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Jeff Garner Properties Llc $140,000 Accommodation
Henschel Nicolas W $130,000 Fatic
Zarzecki Joseph J $110,000 Town & Country Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeff Garner Properties Llc $75,000
Previous Owner Henschel Nicolas W $110,500
Previous Owner Zarzecki Joseph J $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $140,000 +7.7% $75 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
12/28/2021 12/28/21 For Sale $130,000 0.0% $69 / Sq Ft
08/05/2021 08/05/21 Rented $725 0.0% --
04/05/2021 04/05/21 Under Contract -- -- --
03/31/2021 03/31/21 For Rent $725 +20.8% --
10/14/2016 10/14/16 Rented $600 0.0% --
10/05/2016 10/05/16 For Rent $600 0.0% --
12/07/2015 12/07/15 Rented $600 0.0% --
12/07/2015 12/07/15 For Rent $600 -- --
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 $3,342 $49,736 $9,707 $40,029
2023 $3,383 $49,049 $9,573 $39,476
2022 $2,939 $44,674 $8,719 $35,955
2021 $2,883 $42,840 $8,361 $34,479
2020 $2,789 $39,895 $7,786 $32,109
2019 $2,474 $36,523 $7,947 $28,576
2018 $2,424 $35,590 $7,744 $27,846
2017 $2,451 $34,642 $7,537 $27,105
2016 $2,440 $33,448 $7,277 $26,171
2014 $2,221 $33,028 $7,283 $25,745
2013 $2,801 $33,028 $7,283 $25,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21080614

MARIS MLS

APN: 08-14.0-103-027