NOT LISTED FOR SALE

204 E 5th St Armington, IL 61721

Estimated Value: $113,000 - $129,000

-- Bed
-- Bath
2,064 Sq Ft
$59/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $105,000 $51 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $882/month

14 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Wood Siding
  • 2 Car Attached Garage

About This Home

As of March 2024

Sprawling Armington, Illinois wood/aluminum sided side by side duplex situated on an expansive 120X120 corner lot! Each unit features a living room, equipped eat-in kitchen with adjacent laundry facilities, two nice sized bedrooms, full hall bath, and an attached garage. Both furnaces replaced in 2016 -- one water heater replaced in 2019. One unit currently rented (annual lease) for $650.00/month ($250.00 deposit) -- the other side is currently vacant for easy showings. Tenants responsible for all utilities. Two septic systems on premises. Choice small town Tazewell County multi-family property!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 01/31/2024

Last Buyer's Agent

Kolton Johner

Freedom Realty License #475199020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,651

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 120x120
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • Crawl Space

Schools

  • Olympia High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for water
  • Assessor Parcel Number 23-23-22-407-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,651

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1969
  • New Construction: No
  • Structure Type: Duplex
  • PricePerSqFt: 50.87
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Aluminum Siding, Wood Siding
  • Foundation Details: Block, Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Heating: Forced Air, Gas, Window Unit(s)
  • Laundry Features: Units Hook-Ups
  • Water Source: Public, Septic System
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 1
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Olympia

Lot Info

  • Lot Size: 120X120
  • Parcel #: 23-23-22-407-003

Rental Info

  • Tenant Pays: Water
  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2650.98
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 15, 2024
Sold by
Holsopple Kenton and Young Andrew
Bought by
Johner Kolton
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Kolton Johner
Freedom Realty
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Views
26
Current Estimated Value
$117,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,520
Avg. Annual Appreciation
7.31%
Original Mortgage
$84,000
Outstanding Balance
$81,952
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$34,107
Source: Public Records

Range of Values:

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Average Value
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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
Johner Kolton $105,000 Prairie Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johner Kolton $84,000
Previous Owner Holsopple Kenton $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $105,000 -12.5% $51 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $120,000 -- $58 / 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
2024 $2,872 $36,420 $3,350 $33,070
2023 $2,872 $33,080 $3,040 $30,040
2022 $2,651 $30,060 $2,760 $27,300
2021 $2,570 $28,900 $2,650 $26,250
2020 $2,378 $26,770 $2,550 $24,220
2019 $2,380 $26,770 $2,550 $24,220
2018 $2,382 $26,770 $2,550 $24,220
2017 $2,366 $26,770 $2,550 $24,220
2016 $2,343 $26,770 $2,550 $24,220
2015 $2,170 $0 $0 $0
2013 $2,170 $26,770 $2,550 $24,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1027094

RMLS Alliance

APN: 23-23-22-407-003