NOT LISTED FOR SALE

200 N 2nd St Dunlap, IL 61525

Estimated Value: $79,524

3 Beds
3 Baths
2,153 Sq Ft
$37/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $63,000 $29 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $608/month

246 Days on Market

About This Home

As of July 2018

Commerially zoned, 3 plex in downtown Dunlap. Commercial frontage great for small business with 2 - 1 bedroom apartments on the rear of the building. All units share laundry in basement. Updated windows, siding and HVAC. Rents are based on 2014 rental. Building in an estate and sold "as is"--Great Investment

Last Listed By

Donna Jones Craig

Move Smart Realty License #475117611 Listed on: 10/04/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 1910

Lot Details

  • 4,487

Interior Spaces

  • 2-Story Property
  • Partial Basement

Schools

  • Dunlap Elementary School
  • Dunlap High School

Listing and Financial Details

  • Tenant pays for no utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,671

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: lot 8 blk 6 Town of dunlap
  • Lvt Date: 10/05/2017
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Price Per Sq Ft: 29.26
  • Total Sq Ft: 2153

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 10

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, 2+ Cooling Systems, Central Air, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 1200
  • Garbage Collection Exp: 190
  • Gas Expense: 1524
  • Laundry Facilities: Common, Owned Equipment
  • Water Sewer Expenses: 652

Schools

  • Elementary School: Dunlap
  • Middle School: Dunlap
  • High School: Dunlap
  • Elementary School: Dunlap
  • High School: Dunlap

Lot Info

  • Estimated Lot Size: 50x90
  • Lot Description: Corner, Level
  • Subdivision: Town of Dunlap
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: No Utilities
  • Gross Annual Rent Income: 6600

Tax Info

  • Annual Taxes: 1670.66
  • Parcel Id Number Tax Id: 08-11-306-006
  • Tax Year: 2016

Multi Family

  • Total Number Units: 3
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Dunlap

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Jul 2, 2018
Sold by
Spengler Kevin D
Bought by
Coulter Ashley E
Seller's Agent
Donna Jones Craig
Move Smart Realty
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$69,900
Sold Price
$63,000
Premium/Discount to List
-$6,900
-9.87%
Total Days on Market
246
Current Estimated Value
$79,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,524
Avg. Annual Appreciation
3.45%
Original Mortgage
$50,000
Outstanding Balance
$32,299
Interest Rate
5.32%
Mortgage Type
New Conventional
Estimated Equity
$47,225

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
Coulter Ashley E $63,000 Other
Spengler Michael Robert $63,000 Heiple Law Offices
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spengler Michael Robert $50,000
Closed Coulter Ashley E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $63,000 -9.9% $29 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $69,900 +11.0% $32 / Sq Ft
05/01/2018 05/01/18 Off Market $63,000 -- --
03/16/2018 03/16/18 Price Changed $69,900 -3.6% $32 / Sq Ft
10/04/2017 10/04/17 For Sale $72,500 +3.6% $34 / Sq Ft
05/08/2014 05/08/14 Sold $70,000 -22.1% $33 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $89,900 -- $42 / 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
2023 $2,003 $27,760 $5,710 $22,050
2022 $1,624 $22,300 $5,250 $17,050
2021 $1,642 $22,300 $5,250 $17,050
2020 $1,658 $22,300 $5,250 $17,050
2019 $1,659 $22,760 $5,360 $17,400
2018 $1,638 $22,760 $5,370 $17,390
2017 $1,670 $22,990 $5,420 $17,570
2016 $1,648 $22,990 $5,420 $17,570
2015 $1,669 $22,540 $5,310 $17,230
2014 $1,668 $23,270 $5,270 $18,000
2013 -- $23,270 $5,270 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1188374

RMLS Alliance

APN: 08-11-306-006