NOT LISTED FOR SALE

1813 N 16th St Swansea, IL 62226

Estimated Value: $49,000 - $136,000

-- Bed
-- Bath
1,716 Sq Ft
$57/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $35,000 $20 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $689/month

16 Days on Market

About This Home

As of May 2023

CALLING ALL INVESTORS FOR AN OPPORTUNITY TO ADD A DUPLEX TO YOUR RENTAL PORTFOLIO! This property may require mechanical and cosmetic updates or continue to rent AS-IS but it is priced accordingly. Each side offers 2 bedrooms, 1 full bath, an eat-in kitchen, living room, full basement and 1 car detached garage. Long term tenants on both sides would like to stay and 24 hour notice is required for ALL showings. Property being SOLD AS-IS, seller to perform no inspections.

Last Agent to Sell the Property

Michael Santanello

Strano & Associates License #475135482 Listed on: 03/31/2023

Last Buyer's Agent

Robert Knysak

Century 21 Advantage License #475.170786

Century 21 Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,020

Year Built

  • Built in 1953

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100 x 150

Parking

  • Detached Garage

Home Design

  • 1,716 Sq Ft Home
  • Duplex

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

Listing and Financial Details

  • Tenant pays for electric, gas, trash removal, water
  • Assessor Parcel Number 08-16.0-102-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,020

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Roger
  • Special Description: No Exemptions
  • Age: 70
  • Ownership: Private
  • Year Built: 1953
  • Directions: North Belt West to North 16th or 161 to Roger to North 16th
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 1716

Garage/Parking

  • Parking: 1-2 Car Detached Grg

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: 100 x 150
  • Lot Sq Ft: 15246
  • Acres: 0.3500

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: Electric, Gas, Trash Removal, Water

Multi Family

  • Gross Operating Income: 12000.00
  • Units: 2
  • Total Expenses: 1961.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 1721
  • Assessor Parcel Number: 08-16.0-102-015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 2, 2023
Sold by
Bruno Stacey L and William Raymond Faries Estate William Raymond
Bought by
Jgs Properties Llc
Seller's Agent
Michael Santanello
Strano & Associates
Buyer's Agent
Robert Knysak
Century 21 Advantage
List Price
$48,500
Sold Price
$35,000
Premium/Discount to List
-$13,500
-27.84%
Views
163
Current Estimated Value
$98,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,351
Avg. Annual Appreciation
52.72%
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
Jgs Properties Llc $35,000 Professional Title & Escrow Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Sold $35,000 -27.8% $20 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $48,500 -- $28 / 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
2024 $2,020 $24,511 $5,668 $18,843
2023 $1,857 $21,722 $5,591 $16,131
2022 $1,753 $19,783 $5,092 $14,691
2021 $1,721 $18,971 $4,883 $14,088
2020 $1,660 $17,667 $4,547 $13,120
2019 $1,737 $19,056 $4,729 $14,327
2018 $1,739 $18,569 $4,608 $13,961
2017 $2,085 $18,074 $4,485 $13,589
2016 $2,466 $28,383 $4,330 $24,053
2014 $1,982 $23,617 $4,856 $18,761
2013 $1,041 $23,617 $4,856 $18,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23017481

MARIS MLS

APN: 08-16.0-102-015