NOT LISTED FOR SALE

1807 Sangamon Dr Champaign, IL 61821

Estimated Value: $314,000 - $321,683

6 Beds
4 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold June 12, 2020

Last sale price $205,000

Est. 55% increase in value since last sale

Current estimated payment $2,026/month

1 Day on Market

About This Home

As of June 2020

Fully leased 4 unit investment property. Unit A, 2 Bedroom, rented for $625 Through 10/31/2020; Unit B, 1 Bedroom, rented for $500 Through 11/30/2020; Unit C, 1 Bedroom, rented for $500 Through 7/31/2020; Unit D, 2 Bedroom, rented for $550 Through 7/31/2020. $2175/month gross income. Owner pays for trash, lawn care, snow removal. Units are not updated. With renovations, owner, LA, and management company believe the gross projected income would be $2650/month.

Last Agent to Sell the Property

PJ Trautman

Trautman Real Estate Agency & Appraisal LLC License #471018644 Listed on: 05/21/2020

Last Buyer's Agent

Quentin McNew

eXp Realty-Schaumburg License #475175106

eXp Realty-Schaumburg

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 8,276

Home Design

  • Ranch Style House
  • Cedar

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • $10,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4
  • Style Of House: Ranch
  • Estimated Year Built: 1963
  • Trash Expense Year: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Number Of Rooms: 18
  • Bedrooms All Levels: 6
  • Above Grade Bedrooms: 6

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Acreage: 0.19

Garage/Parking

  • Number of Cars: 6
  • Parking: Space/s
  • Parking Details: Off Street, Driveway
  • Number Parking Spaces: 6
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Fee Information

  • Scavenger Fee: 840
  • Gross Expenses: 780

Schools

  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 65 X 132
  • Parcel Identification Number: 442015477009

Rental Info

  • Gross Rental Income: 25980
  • Total Rental Income: 25980

Multi Family

  • Total Number Unitsin Building: 4
  • Full Baths In Building: 4

Tax Info

  • Taxes: 3666.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 5, 2020
Sold by
Philipp Anthony
Bought by
Bulldog Associates Ll
Seller's Agent
PJ Trautman
Trautman Real Estate Agency & Appraisal LLC
Buyer's Agent
Quentin McNew
eXp Realty-Schaumburg
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%
Current Estimated Value
$317,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,842
Avg. Annual Appreciation
8.12%
Original Mortgage
$30,000
Outstanding Balance
$7,385
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$310,457

Purchase Details

Closed on
Jun 12, 2013
Sold by
Wedig Richard J and Wedig Susan D
Bought by
Philipp Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2003
Sold by
Giraffe Development Group Inc
Bought by
Wedig Richard J and Wedig Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bulldog Associates Ll $205,000 Attorney
Philipp Anthony $120,000 None Available
Wedig Richard J $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bulldog Associates Ll $30,000
Previous Owner Philipp Anthony $90,000
Previous Owner Wedig Richard J $118,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $205,000 -6.8% --
05/22/2020 05/22/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $220,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,467 $54,400 $13,300 $41,100
2023 $4,467 $49,540 $12,110 $37,430
2022 $4,202 $45,700 $11,170 $34,530
2021 $3,869 $42,260 $10,330 $31,930
2020 $3,875 $42,260 $10,330 $31,930
2019 $3,750 $41,390 $10,120 $31,270
2018 $3,666 $40,740 $9,960 $30,780
2017 $3,681 $40,740 $9,960 $30,780
2016 $3,300 $39,900 $9,750 $30,150
2015 $3,326 $39,200 $9,580 $29,620
2014 $3,298 $39,200 $9,580 $29,620
2013 $3,268 $39,200 $9,580 $29,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10708122

Midwest Real Estate Data (MRED)

APN: 44-20-15-477-009