NOT LISTED FOR SALE

16 Kings Ct Unit 15 & 16 Swansea, IL 62226

Estimated Value: $171,096 - $203,000

-- Bed
-- Bath
1,908 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $135,000 $71 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,373/month

2 Days on Market

About This Home

As of April 2020

Great investment opportunity! Sale contains both Unit 15 & 16 Kings Ct. This duplex provides more space than you think. Both units contain the same layout. Main level has vaulted ceilings and brick accent wall. New laminate floors accompany both units. Walk out basement contains laundry area, bedroom and remodeled bathroom. Upstairs you will find two bedrooms and an additional remodeled bathroom. Both bathrooms contain new vanities and modern tile. Right unit has new carpet, blinds, and freshly painted in 2019. Additional Attic insulation added 2020. Drywall and sound barrier insulation installed 2019. Both units are tenant occupied. What an easy investment be sure to schedule a showing today.

Last Agent to Sell the Property

Alex Anderson

Strano & Associates License #475166516 Listed on: 03/01/2020

Last Buyer's Agent

Andy Pelak

RE/MAX Preferred License #471004222

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 1974

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x133x90x131

Parking

  • Off-Street Parking

Home Design

  • 1,908 Sq Ft Home
  • Duplex
  • Brick or Stone Mason

Laundry

  • Laundry in unit

Schools

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

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 08-16.0-314-042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,896

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 46
  • Ownership: Private
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Laundry Facl-Private
  • Square Footage: 1908

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street

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-East
  • 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-East

Lot Info

  • Lot Dimensions: 90x133x90x131
  • Lot Sq Ft: 11848
  • Acres: 0.2720

Rental Info

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

Multi Family

  • Units: 2
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 3469
  • Assessor Parcel Number: 08-16.0-314-042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2020
Closed on
Apr 6, 2020
Sold by
Lease Up Rentals
Bought by
Garlit Wilbert C and Garlit Kate S
Seller's Agent
Alex Anderson
Strano & Associates
Buyer's Agent
Andy Pelak
RE/MAX Preferred
List Price
$125,000
Sold Price
$135,000
Premium/Discount to List
$10,000
8%
Current Estimated Value
$191,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,402
Avg. Annual Appreciation
6.20%
Original Mortgage
$101,250
Outstanding Balance
$90,661
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$95,564

Purchase Details

Closed on
Jun 5, 2018
Sold by
B & D Home Renovations Inc
Bought by
Lease Up Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,530
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2017
Sold by
Hardy Stephen
Bought by
B & D Home Renovations Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5%
Mortgage Type
Construction
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
Garlit Wilbert C $135,000 Accommodation
Lease Up Rentals Llc -- Benedick Title Ins
B & D Home Renovations Inc $50,000 Professional Title Ins & Esc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garlit Wilbert C $101,250
Previous Owner Lease Up Rentals Llc $105,530
Previous Owner B & D Home Renovations Inc $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $135,000 +8.0% $71 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $125,000 -- $66 / 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 $3,896 $45,558 $4,682 $40,876
2022 $3,677 $41,494 $4,264 $37,230
2021 $3,610 $39,791 $4,089 $35,702
2020 $3,482 $37,056 $3,808 $33,248
2019 $3,466 $38,019 $3,886 $34,133
2018 $3,469 $37,049 $3,787 $33,262
2017 $3,398 $36,062 $3,686 $32,376
2016 $3,381 $34,819 $3,559 $31,260
2014 $2,803 $33,400 $5,034 $28,366
2013 $4,055 $33,400 $5,034 $28,366
Source: Public Records

Agents Affiliated with this Home

  • Alex Anderson

    Seller's Agent in 2020

    Alex Anderson

    Strano & Associates

    (618) 593-2002

    75 in this area

    122 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    Andy Pelak

    RE/MAX Preferred

    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS20013043

MARIS MLS

APN: 08-16.0-314-042

Illinois St. Clair County Swansea 62226

16 Kings Ct Unit 15 & 16, Swansea, IL

This home is located at 16 Kings Ct Unit 15 & 16, Swansea, IL 62226 since 01 March 2020 and is currently estimated at $187,524, approximately $98 per square foot. This property was built in 1974. 16 Kings Ct Unit 15 & 16 is a home located in St. Clair County with nearby schools including High Mount Elementary School, Elite Scholars STEAM Academy, and St Teresa Catholic School.

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