NOT LISTED FOR SALE

197 S Prairie St Jacksonville, IL 62650

Estimated Value: $119,000 - $136,878

4 Beds
4 Baths
3,000 Sq Ft
$42/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $92,000 $31 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $881/month

About This Home

As of August 2021

4 PLEX CASH FLOWING. CURRENT OWNER HAS MAINTAINED THIS PROPERTY BEAUTIFULLY. EACH UNIT HAS GOOD SIZE-2 UNIT IS UNDER LEASE. 2 WERE UNDER LEASE BUT ARE CURRENTLY MONNT TO MONTH. BOTTOM ARE ON A MONTH TO MONTH THE TOP 2 ARE SINGED CURRENT 12 MONTH SIGNED LEASES...PROPERTY SHOWS EXTREMELY WELL. EACH UNIT HAS A WINDOW UNIT- A NICE INCOME PROPERY OPPORTUNITY. THE PROPERTY HAS BEEN MAINTAINED SO WELL IT RENTS EASILY. GOOD CENTRAL LOCATION SEE ATTACHMENT FOR MORE INFORMATION. RECENT UPDATES VINYL SIDING AND ROOF.

Last Agent to Sell the Property

Judy Eoff

RE/MAX Results Plus License #475139106 Listed on: 09/30/2020

RE/MAX Results Plus

Last Buyer's Agent

Judy Eoff

RE/MAX Results Plus License #475139106 Listed on: 09/30/2020

RE/MAX Results Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,293

Year Built

  • Built in 1928

Lot Details

  • 10,454

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement

Schools

  • District #117 Washington High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,293

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Four-Plex
  • Legal Description: RNG/BLK: TWP:0 SECT/LOT: CITY OF JACKSONVILLE CHANDLERS ADDITION S END LTS 18-19 LT 72FT X 130 DOC-3
  • Lvt Date: 10/01/2020
  • Year Built: 1928
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Number Washers: 1
  • Basement: Full, Brick, Unfinished
  • Price Per Sq Ft: 30.67
  • Total Sq Ft: 3000

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 600
  • Gas Expense: 1920
  • Laundry Facilities: Common, Owned Equipment
  • Number Window Units: 4

Schools

  • High School: District #117 Washington

Lot Info

  • Estimated Lot Size: 72X130
  • Lot Description: Level
  • Zoning: MULTI FAMILY
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 18900
  • Lease Information: 1 Year, Month-To-Month

Tax Info

  • Annual Taxes: 2293
  • Parcel Id Number Tax Id: 0920206004
  • Tax Year: 2019

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 37200
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 5
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Aug 11, 2021
Sold by
Deen Jim and Deen Kristin
Bought by
Merritt Michael and Merritt Becky
Seller's Agent
Judy Eoff
RE/MAX Results Plus
Buyer's Agent
Judy Eoff
RE/MAX Results Plus
List Price
$89,900
Sold Price
$92,000
Premium/Discount to List
$2,100
2.34%
Current Estimated Value
$127,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,470
Avg. Annual Appreciation
8.05%
Original Mortgage
$78,200
Outstanding Balance
$59,398
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$68,072

Purchase Details

Listed on
Jun 18, 2015
Closed on
Oct 27, 2016
Sold by
Duncan James R
Bought by
Deen Jim and Deen Kristin
Seller's Agent
LISA WATSON
RE/MAX Results Plus
Buyer's Agent
LISA WATSON
RE/MAX Results Plus
List Price
$99,000
Sold Price
$54,000
Premium/Discount to List
-$45,000
-45.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.77%
Original Mortgage
$66,500
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 3, 2014
Sold by
Duncan James R
Bought by
Duncan James R

Purchase Details

Closed on
Apr 1, 2009
Sold by
Eli Specialty Co Inc
Bought by
Duncan James R and Brannan Patrick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
5.11%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Merritt Michael $92,000 Illinois Re Ttl Ctr Llc
Deen Jim $27,000 None Available
Deen Jim $27,000 Illinois Real Estate Title C
Duncan James R -- None Available
Duncan James R $67,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merritt Michael $78,200
Previous Owner Deen Jim $66,500
Previous Owner Duncan James R $60,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2021 08/12/21 Sold $92,000 +2.3% $31 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $89,900 +66.5% $30 / Sq Ft
10/27/2016 10/27/16 Sold $54,000 -45.5% $18 / Sq Ft View Prior Sale
09/27/2016 09/27/16 Pending -- -- --
06/18/2015 06/18/15 For Sale $99,000 -- $33 / 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 $2,555 $29,360 $2,560 $26,800
2023 $2,502 $26,540 $2,560 $23,980
2022 $2,999 $31,480 $2,560 $28,920
2021 $2,061 $22,100 $2,560 $19,540
2020 $2,104 $22,100 $2,560 $19,540
2019 $2,293 $24,270 $2,560 $21,710
2018 $2,211 $24,270 $2,560 $21,710
2017 $2,163 $24,270 $2,560 $21,710
2016 $2,185 $24,270 $2,560 $21,710
2015 $2,223 $24,270 $2,560 $21,710
2014 $2,223 $22,720 $2,300 $20,420
2013 $1,964 $22,720 $2,300 $20,420
Source: Public Records

Agents Affiliated with this Home

  • Judy Eoff

    Seller's Agent in 2021

    Judy Eoff

    RE/MAX Results Plus

    (217) 370-7329

    249 in this area

    347 Total Sales

    Judy Eoff
    Section Image
  • LISA WATSON

    Seller's Agent in 2016

    LISA WATSON

    RE/MAX Results Plus

    50 in this area

    77 Total Sales

    LISA WATSON
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1002871

RMLS Alliance

APN: 09-20-206-004

Illinois Morgan County Jacksonville 62650

197 S Prairie St, Jacksonville, IL

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