201 W 1st St Melvin, IL 60952
Estimated Value: $121,000 - $257,000
About This Home
As of August 2014Extra large home with over 4000 square feet converted into six apartments. Refrigerators and stoves belong to owner. Owner pays water and trash bill. (Tenant pays $34 towards this bill included in their rent). Owner has Aquality take care of the water softener which is leased. Dumpster from Kaufmann's run about $15 per month. Lawn care ran about $200-$260 depending on the weather. A couple of the units have balcony/deck area on upper level. Coin operated laundry on lower level. Utility sink in laundry room area. Washer not too old. Clothes line provided outside for tenants. Motion sensor light on second floor. Some hall lights are on timers. Parking front, east and west. Tenants do snow removal. Leases in order. Numbers are estimated above.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,183
Lot Details
- Lot Dimensions are 100 x 150
Home Design
- Brick Exterior Construction
Interior Spaces
- 10 Bedrooms
- 2-Story Property
- Laundry Room
- Finished Basement
Utilities
- Heating Available
- Separate Meters
Community Details
- 6 Units
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Osborn Nicholas | $110,000 | -- | |
| First State Bank Forrest | $98,396 | -- | |
| Burge James C | $100,000 | -- |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Osborn Nicholas | $226,204 | |
| Previous Owner | Burge James C | $98,395 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2014 08/12/14 | Sold | $100,000 | -11.4% | -- |
| 06/16/2014 06/16/14 | Pending | -- | -- | -- |
| 02/26/2014 02/26/14 | For Sale | $112,900 | -- | -- |
Tax History Compared to Growth
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 | $3,282 | $44,060 | $1,760 | $42,300 |
| 2023 | $3,282 | $38,850 | $1,550 | $37,300 |
| 2022 | $3,036 | $35,000 | $1,400 | $33,600 |
| 2021 | $2,957 | $33,330 | $1,330 | $32,000 |
| 2020 | $2,922 | $33,330 | $1,330 | $32,000 |
| 2019 | $3,192 | $33,330 | $1,330 | $32,000 |
| 2018 | $2,986 | $33,330 | $1,330 | $32,000 |
| 2017 | $3,087 | $34,120 | $1,360 | $32,760 |
| 2016 | $3,063 | $33,330 | $1,330 | $32,000 |
| 2015 | $2,913 | $33,330 | $1,330 | $32,000 |
| 2014 | $2,913 | $33,330 | $1,330 | $32,000 |
| 2013 | $7 | $36,600 | $1,330 | $35,270 |
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09454567
APN: 07-09-01-106-016
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