NOT LISTED FOR SALE

1404 N 2nd St Swansea, IL 62226

Estimated Value: $134,000 - $177,000

-- Bed
-- Bath
1,740 Sq Ft
$88/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $112,500 $65 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,143/month

34 Days on Market

About This Home

As of September 2023

Great investment opportunity. Brick duplex 2 bd/1 bath unfinished basement and carport both rented month to month leases 625/700.

Last Agent to Sell the Property

Annette Wendler

Coldwell Banker Brown Realtors License #475149068 Listed on: 08/11/2023

Coldwell Banker Brown Realtors

Co-Listed By

CHRIS CRAVENS

Coldwell Banker Brown Realtors License #475103010

Last Buyer's Agent

Chris Kelly

Real Broker LLC License #475.178639

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,399

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 104x104

Parking

  • Carport

Home Design

  • 1,740 Sq Ft Home
  • Duplex
  • Brick or Stone Mason

Schools

  • High Mount Dist 116 Elementary And Middle School
  • Belleville High School-West

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 08-16.0-411-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,399

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: 161
  • Special Description: No Exemptions
  • Age: 62
  • Ownership: Private
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement
  • Square Footage: 1740
  • Street Number Modifier: -1406

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 1-2 Car Carport

Utilities

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

Schools

  • School District: High Mount DIST 116
  • Elementary School: HIGH MOUNT DIST 116
  • Middle School: HIGH MOUNT DIST 116
  • High School: Belleville High School-West
  • Elementary School: HIGH MOUNT DIST 116
  • Junior High School: HIGH MOUNT DIST 116
  • School District: High Mount DIST 116
  • Senior High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 104x104

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 16025.00
  • Units: 1
  • Total Expenses: 2775.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2022
  • Assessor Parcel Number: 08-16.0-411-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 15, 2023
Sold by
Heet Gregory J
Bought by
Price Breaker Real Estate Llc
Seller's Agent
Annette Wendler
Coldwell Banker Brown Realtors
Buyer's Agent
Chris Kelly
Real Broker LLC
List Price
$150,000
Sold Price
$112,500
Premium/Discount to List
-$37,500
-25%
Total Days on Market
34
Views
14
Current Estimated Value
$153,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,272
Avg. Annual Appreciation
19.80%
Original Mortgage
$90,000
Outstanding Balance
$88,415
Interest Rate
6.63%
Mortgage Type
Commercial
Estimated Equity
$65,357
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
Price Breaker Real Estate Llc $112,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Breaker Real Estate Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $112,500 -25.0% $65 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $150,000 -- $86 / 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
2023 $3,399 $39,749 $4,424 $35,325
2022 $3,208 $36,201 $4,029 $32,172
2021 $3,150 $34,716 $3,864 $30,852
2020 $3,038 $32,330 $3,598 $28,732
2019 $3,137 $34,403 $3,672 $30,731
2018 $3,139 $33,524 $3,578 $29,946
2017 $1,537 $32,631 $3,483 $29,148
2016 $3,059 $31,506 $3,363 $28,143
2014 $1,207 $28,758 $6,991 $21,767
2013 $2,440 $28,758 $6,991 $21,767
Source: Public Records

Agents Affiliated with this Home

  • Annette Wendler

    Seller's Agent in 2023

    Annette Wendler

    Coldwell Banker Brown Realtors

    (618) 334-3728

    42 in this area

    67 Total Sales

    Annette Wendler
    Section Image
  • CHRIS CRAVENS

    Seller Co-Listing Agent in 2023

    CHRIS CRAVENS

    Coldwell Banker Brown Realtors

    (618) 235-7992

    36 in this area

    63 Total Sales

    CHRIS CRAVENS
    Section Image
  • Chris Kelly

    Buyer's Agent in 2023

    Chris Kelly

    Real Broker LLC

    (618) 277-7653

    62 in this area

    137 Total Sales

    Chris Kelly
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS23047649

MARIS MLS

APN: 08-16.0-411-002

Illinois St. Clair County Swansea 62226

1404 N 2nd St, Swansea, IL

This home is located at 1404 N 2nd St, Swansea, IL 62226 since 11 August 2023 and is currently estimated at $153,772, approximately $88 per square foot. This property was built in 1961. 1404 N 2nd St is a home located in St. Clair County with nearby schools including High Mount Elementary School, St Teresa Catholic School, and Governor French Academy.

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