NOT LISTED FOR SALE

1704 Us Highway 67 Preemption, IL 61276

Estimated Value: $254,406

8 Beds
2 Baths
8,760 Sq Ft
$29/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $145,000 $17 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,720/month

141 Days on Market

About This Home

As of July 2015

Unique multi-use property. 4-1000 sq ft apartments up with 1800 mo. income at current low rents. 4380 sq ft shop with office and bath. Use the shop yourself for free or rent for additional 7800 pr yr. New windows and front siding. Low maintenance baseboard electrical heat in apartments. Apartments are all electric. The apartments are NEVER vacant and rent by sign. Waiting list. Shop has 4 overhead doors. A 14 ft a 10 ft and 2-9's. 16 ft ceilings in shop. This property will pay for itself with no money down in 7 years. Tremendous investment for user or investor. Owner is licensed broker.

Last Agent to Sell the Property

Joe Knox

Joe Knox Company License #471.004485 Listed on: 02/05/2015

Last Buyer's Agent

Joe Knox

Joe Knox Company License #471.004485 Listed on: 02/05/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1979

Lot Details

  • 0.69

Interior Spaces

  • 2-Story Property

Schools

  • Sherrard High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,556

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: lengthy
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 16.55
  • Total Sq Ft: 8760

Exterior Features

  • Exterior: Aluminum Siding, Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Number Parking Spaces: 25

Utilities

  • Heating Cooling: Baseboard, Electric, Forced Air, Gas, 2+ Cooling Systems, Water Heater - Electric
  • Electric Expense: 900
  • Garbage Collection Exp: 360
  • Laundry Facilities: Common

Schools

  • High School: Sherrard
  • High School: Sherrard

Lot Info

  • Estimated Lot Size: 200 x 150
  • Estimated Number of Acres: 0.69
  • Lot Description: Corner

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 29400
  • Lease Information: Month-To-Month, Various Terms

Tax Info

  • Annual Taxes: 2556.46
  • Parcel Id Number Tax Id: 05-05-02-300-007
  • Tax Year: 2013

Multi Family

  • Total Number Units: 5
  • Gross Annual Income: 30600
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 7
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 5
  • Total Number Water Heaters: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
Jul 31, 2015
Bought by
Lundquist Mitchell A and Berryhill Patrick A
Seller's Agent
Joe Knox
Joe Knox Company
Buyer's Agent
Joe Knox
Joe Knox Company
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Current Estimated Value
$254,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,406
Avg. Annual Appreciation
5.53%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Lundquist Mitchell A $145,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $145,000 -3.3% $17 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $150,000 -- $17 / Sq Ft
Source: RMLS Alliance

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 $3,775 $50,735 $6,270 $44,465
2023 $3,775 $46,170 $5,705 $40,465
2022 $3,256 $45,590 $5,635 $39,955
2021 $3,170 $41,760 $5,160 $36,600
2020 $2,866 $36,265 $1,240 $35,025
2019 $2,831 $35,380 $1,210 $34,170
2018 $2,800 $36,635 $1,255 $35,380
2017 $2,792 $34,365 $1,175 $33,190
2016 $2,675 $32,355 $1,105 $31,250
2015 $2,644 $32,175 $1,100 $31,075
2014 $2,584 $31,480 $1,075 $30,405
2013 $2,556 $31,480 $1,075 $30,405
2010 $2,609 $32,575 $1,115 $31,460
Source: Public Records

Agents Affiliated with this Home

  • Joe Knox

    Seller's Agent in 2015

    Joe Knox

    Joe Knox Company

    (309) 236-6218

    4 Total Sales

    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC4158214

RMLS Alliance

APN: 05-05-02-300-007

Illinois Mercer County 61231

1704 Us Highway 67, IL

This home is located at 1704 Us Highway 67, Preemption, IL 61276 since 05 February 2015 and is currently estimated at $254,406, approximately $29 per square foot. This property was built in 1979. 1704 Us Highway 67 is a home located in Mercer County with nearby schools including Sherrard High School.

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.

RMLS Alliance 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