NOT LISTED FOR SALE

202 S Independence St Mascoutah, IL 62258

Estimated Value: $201,000 - $253,000

-- Bed
-- Bath
3,040 Sq Ft
$72/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $187,000 $62 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,586/month

3 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Mascoutah High School Rated A
  • High Speed Internet

About This Home

As of February 2023

Great opportunity in Mascoutah. This duplex offers a great income source. The large 2 story unit is updated and features 4 bedrooms, 2 baths, a large updated kitchen with all appliances. There's a lg dining room, laundry room and huge living room. The one bedroom is a great unit with bath, eat -in kitchen, large mud room/pantry, laundry, living room and great closet space. Both units are occupied.

Last Agent to Sell the Property

Connie Kappert

RE/MAX Signature Properties License #475139449 Listed on: 01/19/2023

RE/MAX Signature Properties

Last Buyer's Agent

Connie Kappert

RE/MAX Signature Properties License #475139449 Listed on: 01/19/2023

RE/MAX Signature Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,808

Year Built

  • Built in 1842

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 99x106

Parking

  • Off-Street Parking

Home Design

  • 3,040 Sq Ft Home
  • Duplex
  • Aluminum Siding

Schools

  • Mascoutah Dist 19 Elementary And Middle School
  • Mascoutah High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 10-32.0-318-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,808

Year Built

Built in 1842

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: South Street
  • Municipality Township: Mascoutah
  • Special Description: No Exemptions
  • Age: 181
  • Ownership: Private
  • Year Built: 1842
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: High Spd Connection
  • Square Footage: 3040

Exterior Features

  • Construction: Aluminum Siding

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall, Central-Electric
  • Heating: Forced Air

Schools

  • School District: Mascoutah DIST 19
  • Elementary School: MASCOUTAH DIST 19
  • Middle School: MASCOUTAH DIST 19
  • High School: Mascoutah
  • Elementary School: MASCOUTAH DIST 19
  • Junior High School: MASCOUTAH DIST 19
  • School District: Mascoutah DIST 19
  • Senior High School: Mascoutah

Lot Info

  • Lot Dimensions: 99x106
  • Lot Sq Ft: 10019
  • Acres: 0.2300

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 1450.00
  • Units: 2
  • Total Expenses: 1000.00
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 4488
  • Assessor Parcel Number: 10-32.0-318-001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 17, 2023
Sold by
Epstein Pearl Leialoha and Jack Allen Epstein Estate Jack Allen Epstein
Bought by
Lane Joshua and Lane Deborah
Seller's Agent
Connie Kappert
RE/MAX Signature Properties
Buyer's Agent
Connie Kappert
RE/MAX Signature Properties
List Price
$197,000
Sold Price
$187,000
Premium/Discount to List
-$10,000
-5.08%
Views
10
Current Estimated Value
$218,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,052
Avg. Annual Appreciation
6.26%
Original Mortgage
$130,900
Outstanding Balance
$127,783
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$90,269
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
Lane Joshua $187,000 Town & Country Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Joshua $130,900
Previous Owner Gramm Scott $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $187,000 -5.1% $62 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $197,000 -- $65 / 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 $4,808 $64,718 $6,479 $58,239
2023 $4,592 $59,146 $5,921 $53,225
2022 $4,556 $53,831 $5,391 $48,440
2021 $4,488 $52,136 $5,221 $46,915
2020 $4,303 $48,903 $4,897 $44,006
2019 $4,206 $48,903 $4,897 $44,006
2018 $4,121 $47,589 $4,765 $42,824
2017 $2,132 $46,565 $5,096 $41,469
2016 $4,179 $45,895 $5,023 $40,872
2014 $3,705 $44,845 $4,908 $39,937
2013 $3,587 $44,208 $4,838 $39,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23002329

MARIS MLS

APN: 10-32.0-318-001