NOT LISTED FOR SALE

1517 W Healey St Champaign, IL 61821

Estimated Value: $546,879

12 Beds
12 Baths
-- Sq Ft
0.55 Acres

Last Sold December 29, 2017

Last sale price $365,000

Est. 50% increase in value since last sale

Current estimated payment $3,412/month

4 Days on Market

About This Home

As of December 2017

Two Parcels - 43-20-14-105-002 & 43-20-14-105-003 (1517 & 1519 w Healey) 12 Units total, All units are 1 Bedroom 1 Bathroom. Courtyard, Laundry and Storage on site

Last Agent to Sell the Property

Jake Trautman

Champaign County Realty License #475160202 Listed on: 11/06/2017

Co-Listed By

Phillip Trautman

Champaign County Realty License #471001829

Last Buyer's Agent

Eddie Mullins

RE/MAX REALTY ASSOCIATES-CHA License #475131641

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,150

Year Built

  • 1949

Lot Details

  • 0.55

Utilities

  • Window Unit Cooling System

Community Details

  • Insurance Expense $2,500

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,150

Year Built

1949

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 56545
  • Total Annual Exp: 20435
  • Total Annual Income: 76980
  • Total Monthly Income: 6415
  • Number Of Stories: 1
  • Estimated Year Built: 1949
  • Type Multi Family: Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1949

Exterior Features

  • Acreage: 0.55

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Forced Air, Gas

Condo/Co-op/Association

  • Units in Building: 12

Fee Information

  • Electricity Expense: 1200

Lot Info

  • Lot Dimensions: 144.68X 167.17
  • Lot Sq Ft: 24186
  • Parcel Identification Number: 432014105003

Rental Info

  • Gross Rental Income: 76980
  • Tenant Pays: Electric, Heat

Multi Family

  • Expense Year: 2016
  • Insurance Expense: 2500

Tax Info

  • Taxes: 8918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Dec 13, 2017
Sold by
Mnm3 Properties Llc
Bought by
Allan Joseph M and Allan Self Declaratio Joseph M
Seller's Agent
Jake Trautman
Champaign County Realty
Buyer's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%
Current Estimated Value
$546,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,879
Avg. Annual Appreciation
4.60%
Original Mortgage
$57,750
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2012
Sold by
Bari Albert L and Bari Michelle M
Bought by
Baribldgs Llc

Purchase Details

Closed on
Nov 8, 2007
Sold by
Norris John A and Norris Cynthia C
Bought by
Bari Albert and Bari Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2007
Sold by
Faron Properties Llc
Bought by
Norris John A and Norris Cynthia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.27%
Mortgage Type
Commercial
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
Allan Joseph M $365,000 Attorney
Baribldgs Llc -- None Available
Bari Albert $445,000 None Available
Norris John A $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allan Joseph M $310,250
Previous Owner Bari Albert $430,000
Previous Owner Norris John A $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $365,000 +4.3% --
11/10/2017 11/10/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $350,000 -- --
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 $6,150 $74,890 $14,070 $60,820
2023 $6,150 $68,200 $12,810 $55,390
2022 $5,786 $62,920 $11,820 $51,100
2021 $5,327 $58,190 $10,930 $47,260
2020 $5,335 $58,190 $10,930 $47,260
2019 $5,164 $57,000 $10,710 $46,290
2018 $5,048 $56,100 $10,540 $45,560
2017 $5,069 $56,100 $10,540 $45,560
2016 $4,544 $54,940 $10,320 $44,620
2015 $4,579 $53,970 $10,140 $43,830
2014 $4,540 $53,970 $10,140 $43,830
2013 $4,499 $53,970 $10,140 $43,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09795192

Midwest Real Estate Data (MRED)

APN: 43-20-14-105-003