NOT LISTED FOR SALE

1816 N 16th St Unit 1816 & 1820 Swansea, IL 62226

Estimated Value: $120,000 - $147,822

-- Bed
-- Bath
1,550 Sq Ft
$84/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $86,000 $55 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $948/month

48 Days on Market

About This Home

As of December 2020

Duplex that is in great shape. Tenant pays ALL utilities except sewer. 1 side is receiving 675.00 @ month and is on a month to month. Other side receives 650.00, lease is up in April and will probably renew. Tenants also have a large shed each to store items. Outside is in great shape. Almost maintenance free. Huge corner lot, Sits on nearly 1/3 of an acre. Duplex is up to municipal codes.
Almost total rehab in 2019 on the right side. New HVAC, Electrical panel, Water heater, flooring, appliances. Other side has some upgrades also and new flooring throughout. 24 Hour notice required.

Last Agent to Sell the Property

Joe Steirer

Strano & Associates License #475135170 Listed on: 11/09/2020

Last Buyer's Agent

Tammy Hines

Tammy Mitchell Hines & Co. License #471000040

Tammy Mitchell Hines & Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 147 x 100

Parking

  • Off-Street Parking

Home Design

  • 1,550 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for sewer
  • Assessor Parcel Number 08-16-104-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,048

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: NORTH BELT WEST
  • Municipality Township: Swansea
  • Special Description: No Exemptions
  • Age: 49
  • Ownership: Private
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 1550

Exterior Features

  • Construction: Brick Veneer Predom, Vinyl Siding

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Gas
  • 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-West
  • 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-West

Lot Info

  • Lot Dimensions: 147 x 100

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Sewer

Multi Family

  • Gross Operating Income: 4000.00
  • Units: 2
  • Total Expenses: 4000.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2373
  • Assessor Parcel Number: 08-16-104-001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Oct 31, 2018
Sold by
Koenig Tony P P
Bought by
Godfrey Darryl and Godfrey Charenele
Seller's Agent
Joe Steirer
Strano & Associates
Buyer's Agent
Joe Steirer
Strano & Associates
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%
Current Estimated Value
$130,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,956
Avg. Annual Appreciation
10.60%
Original Mortgage
$52,000
Outstanding Balance
$45,536
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$85,420

Purchase Details

Closed on
Aug 16, 2006
Sold by
Koenig Donald P and Koenig Meta L
Bought by
Koenig Donald P and Koenig Meta L

Purchase Details

Closed on
Apr 28, 2004
Sold by
Black Michael D
Bought by
Koenig Donald and Koenig Meta
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
Godfrey Darryl $65,000 Professional Title Ins & Esc
Koenig Donald P -- None Available
Koenig Donald $79,500 First Am Title Midwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godfrey Darryl $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2020 12/28/20 Sold $86,000 -9.4% $55 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $94,900 +46.0% $61 / Sq Ft
10/31/2018 10/31/18 Sold $65,000 -7.1% $42 / Sq Ft View Prior Sale
10/01/2018 10/01/18 For Sale $70,000 -- $45 / 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 $3,048 $36,975 $5,540 $31,435
2023 $2,869 $33,555 $5,464 $28,091
2022 $2,708 $30,560 $4,976 $25,584
2021 $2,659 $29,306 $4,772 $24,534
2020 $2,564 $27,292 $4,444 $22,848
2019 $2,373 $26,027 $4,621 $21,406
2018 $2,375 $25,362 $4,503 $20,859
2017 $1,163 $24,687 $4,383 $20,304
2016 $2,314 $23,836 $4,232 $19,604
2014 $1,034 $24,639 $4,830 $19,809
2013 $2,744 $24,639 $4,830 $19,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20081853

MARIS MLS

APN: 08-16.0-104-001