NOT LISTED FOR SALE

201 W Wesley Dr O Fallon, IL 62269

Estimated Value: $303,000 - $373,000

Studio
-- Bath
2,048 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $220,000 $107 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,254/month

23 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Schaefer Elementary School Rated A-
  • Open Lot

About This Home

As of September 2020

GREAT INVESTMENT PROPERTY IN O'FALLON! This low maintenance town home if fully occupied with four units, each with 2 bedrooms, 1 1/2 baths. Well maintained w/ a NEW roof (2016), trees removed (2018), parking lot repaved (2019), siding (2020), landscaping (2020), foundation sealed (2020) & some newer furnaces and hot water heaters (2019). Each unit has a nice floor plan & includes all kitchen appliances. Location is perfect for tenants near public transportation, shopping, restaurants or Scott AFB.

Last Agent to Sell the Property

Janell Schmittling

Homes By Janell License #471.020450 Listed on: 06/17/2020

Last Buyer's Agent

Jeff Franke

Kunkel Wittenauer Group, Inc License #475123599

Kunkel Wittenauer Group, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 154.57 x 126.73 x 120
  • Open Lot

Parking

  • Off-Street Parking

Home Design

  • 2,048 Sq Ft Home
  • Quadruplex

Laundry

  • Laundry in unit

Schools

  • Ofallon Dist 90 Elementary And Middle School
  • Ofallon High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04-19.0-405-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: O'Fallon
  • Special Description: No Exemptions
  • Age: 50
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Laundry Facl-Private
  • Square Footage: 2048

Garage/Parking

  • Parking: Off Street, Open Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: OFALLON DIST 90
  • Junior High School: OFALLON DIST 90
  • School District: O Fallon DIST 90
  • Senior High School: OFallon

Lot Info

  • Lot Dimensions: 154.57 X 126.73 X 120
  • Lot Sq Ft: 14985
  • Acres: 0.3440

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Units: 4
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 5234
  • Assessor Parcel Number: 04-19.0-405-003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Sep 4, 2020
Sold by
Ironman Holdings Llc
Bought by
Resmann Joshua William and Resmann Rachel Petra
Seller's Agent
Janell Schmittling
Homes By Janell
Buyer's Agent
Jeff Franke
Kunkel Wittenauer Group, Inc
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Current Estimated Value
$338,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,380
Avg. Annual Appreciation
8.40%
Original Mortgage
$187,000
Outstanding Balance
$165,950
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$172,430

Purchase Details

Closed on
Nov 17, 2011
Sold by
Schneider Brian
Bought by
Ironmon Holdings Llc

Purchase Details

Closed on
Aug 26, 2011
Sold by
Cole Michael W
Bought by
Schneider Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2007
Sold by
H3 Properties Llc
Bought by
Cole Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2007
Sold by
Howland Matthew D and Howland Tracy L
Bought by
H3 Properties Llc

Purchase Details

Closed on
Jan 29, 2007
Sold by
Hawkins Cynthia S
Bought by
Howland Matthew D and Howland Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Resmann Joshua William $220,000 Community Title Shiloh Llc
Ironmon Holdings Llc -- Benchmark Title Company
Schneider Brian $208,000 Benchmark Title Company Llc
Cole Michael W $220,000 Landstar Title Company
H3 Properties Llc -- Landstar Title Company
Howland Matthew D $185,000 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resmann Joshua William $187,000
Previous Owner Schneider Brian $166,400
Previous Owner Cole Michael W $165,000
Previous Owner Howland Matthew D $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $220,000 -12.0% $107 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $249,900 0.0% $122 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $249,900 -- $122 / 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 $6,041 $82,880 $12,464 $70,416
2023 $5,573 $73,560 $11,062 $62,498
2022 $5,271 $67,629 $10,170 $57,459
2021 $5,386 $67,846 $10,203 $57,643
2020 $5,350 $64,222 $9,658 $54,564
2019 $5,235 $64,222 $9,658 $54,564
2018 $5,101 $62,358 $9,378 $52,980
2017 $5,109 $60,220 $9,776 $50,444
2016 $5,094 $58,815 $9,548 $49,267
2014 $4,719 $58,135 $9,438 $48,697
2013 $3,759 $55,410 $9,562 $45,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20041663

MARIS MLS

APN: 04-19.0-405-003