NOT LISTED FOR SALE

2126 Scheel St Belleville, IL 62221

Estimated Value: $194,000 - $324,948

14 Beds
-- Bath
3,744 Sq Ft
$67/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $517,308 $138 Per Sq Ft

Current estimated payment $1,762/month

About This Home

As of June 2023

This sale also includes 2120 Scheel St parcel number 08-14.0-307-074. 2126 Scheel 4 units all units are 2 bedroom 1 bath rents are 705,730,760 and 825. 2120 Scheel 6 units all units are 1 bedroom 1 bath rents are 595,500,575,600,750 and 650. Owner pays water sewer and trash. Sold before print.

Last Agent to Sell the Property

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 06/29/2023

Last Buyer's Agent

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 06/29/2023

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1985

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • Parking Lot

Home Design

  • 3,744 Sq Ft Home
  • Brick or Stone Veneer Front Elevation
  • Cedar

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 2 Buildings
  • 10 Units

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 08-14.0-307-073

Property Details

Home Type

Apartment

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apt Bldg/Exterior En
  • Special Description: No Exemptions
  • Age: 38
  • Ownership: Private
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 3744

Exterior Features

  • Construction: Brk/Stn Veneer Frnt, Cedar/Wood

Garage/Parking

  • Parking: Parking Lot

Utilities

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

Schools

  • Elementary School: BELLEVILLE DIST 118
  • Junior High School: BELLEVILLE DIST 118
  • School District: Belleville DIST 118
  • Senior High School: Belleville High School-East

Lot Info

  • Lot Dimensions: See Plat
  • Lot Sq Ft: 9148
  • Location: City
  • Acres: 0.2100

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: Electric

Multi Family

  • Building Number: 2
  • Gross Operating Income: 80280.00
  • Total Units: 10
  • Total Expenses: 22583.00

Tax Info

  • Taxes Paid: 4808
  • Assessor Parcel Number: 08-14.0-307-073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jun 6, 2023
Sold by
Bouse Fiudo Llc
Bought by
Bouse Properties Llc
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Gary Johnston
Johnston Realty, Inc.
List Price
$517,308
Sold Price
$517,308
Current Estimated Value
$249,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$268,071
Avg. Annual Appreciation
-25.24%
Original Mortgage
$1,135,000
Outstanding Balance
$1,104,871
Interest Rate
6.43%
Mortgage Type
Commercial
Estimated Equity
-$855,634

Purchase Details

Closed on
Jun 1, 2016
Sold by
Bouse Properties Llc
Bought by
Bouse Fiudo Llc

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
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2008
Sold by
Bouse Kevin and Sacksteder Virginia
Bought by
Bouse Properties Llc

Purchase Details

Closed on
May 31, 2002
Sold by
Macaluso General Maintenance & Property
Bought by
Bouse Kevin R and Sacksteder Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.95%
Mortgage Type
Commercial
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
Bouse Properties Llc $1,299,500 First American Title
Bouse Fiudo Llc $165,000 Fatic
Bouse Properties Llc -- None Available
Bouse Kevin R $140,000 Benchmark Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouse Properties Llc $1,135,000
Previous Owner Bouse Fiudo Llc $165,000
Previous Owner Bouse Kevin R $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $517,308 0.0% $138 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $517,308 -- $138 / 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 $5,467 $62,165 $5,706 $56,459
2023 $5,438 $57,936 $5,593 $52,343
2022 $4,992 $52,157 $5,035 $47,122
2021 $4,808 $48,218 $4,655 $43,563
2020 $4,673 $45,598 $4,402 $41,196
2019 $4,435 $42,810 $4,630 $38,180
2018 $4,337 $41,884 $4,530 $37,354
2017 $2,178 $41,589 $4,498 $37,091
2016 $4,248 $40,705 $4,402 $36,303
2014 $2,192 $47,411 $4,985 $42,426
2013 $4,338 $48,089 $5,056 $43,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23038516

MARIS MLS

APN: 08-14.0-307-073