$70,000
SOLD MAY 8, 2014

200 N 2nd St Dunlap, IL 61525

2 Beds
3 Baths
2,153 Sq Ft
4,487 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

22% Below List Price

186 Days on Market

About This Home

As of July 2018

WELL MAINTAINED COMMERCIALLY ZONED HISTORIC BLDG ON GREAT CORNER LOT IN DOWNTOWN DUNLAP NOW AVAILABLE!FORMERLY THE TOWN POST OFFICE FROM ABOUT 1875-1963 AND THEN A VARIETY STORE,THE BLDG MOST RECENTLY SERVED AS A SUCCESSFUL INSURANCE OFFICE FROM 1980 TO PRESENT DAY.CURRENTLY SET UP AS A 2, 1 BED/1 BATH RENTAL UNITS & A RETAIL OFFICE IN FRONT INVESTORS WILL ENJOY GREAT CASH FLOW.CURRENTLY 1 LEASE IN PLACE UNTIL 7/14 & GREAT PARKING ALONG WITH UPDATES INCLUDING, UNIT 1 KITCHEN FLOORING & PAINT IN 2013, WINDOWS, SIDING & HVAC UPDATES IN 2000!SEE ASSOCIATED DOCS FOR MORE INFO!

Last Agent to Sell the Property

Mary Ann Knell

Coldwell Banker Real Estate Group License #475131289

Last Buyer's Agent

Donna Fauntleroy

Coldwell Banker Real Estate Group License #475.142750

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,648

Year Built

  • Built in 1910

Interior Spaces

  • 2-Story Property
  • Partial Basement

Schools

  • Dunlap High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for no utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,648

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
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Partial
  • Price Per Sq Ft: 32.51
  • Total Sq Ft: 2153

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Number Parking Spaces: 10

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 1200
  • Garbage Collection Exp: 190
  • Gas Expense: 1524
  • Laundry Facilities: No Laundry Equipment
  • Water Sewer Expenses: 652

Schools

  • High School: Dunlap
  • High School: Dunlap

Lot Info

  • Estimated Lot Size: See Plat
  • Lot Description: Corner, Level
  • Subdivision: Town of Dunlap
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: No Utilities
  • Gross Annual Rent Income: 6600
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 2647.74
  • Parcel Id Number Tax Id: 0811306006
  • Tax Year: 2012

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

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
186
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

Map

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 Type Sale Price Title Company
Grant Deed $63,000 Other
Executors Deed $63,000 Heiple Law Offices
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 New Conventional
Closed $50,000 New Conventional
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

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

Source: RMLS Alliance

MLS Number: RMAPA1147630

RMLS Alliance

APN: 08-11-306-006