NOT LISTED FOR SALE

214 W Main St Mount Sterling, IL 62353

Estimated Value: $180,128

7 Beds
7.5 Baths
3,652 Sq Ft
$49/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $165,000 $45 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,319/month

219 Days on Market

About This Home

As of March 2024

Great investment opportunity with recent updates!! Property includes a house and 4 separate apartments. The house has 3 bedrooms, 1 bath with full basement, newer metal roof and new gutters. The 4 street level apartments all have 1 bedroom and 1 bath with small kitchen and living space. Unit 5 apt. includes a partial bath and 645 sq. ft. with rent at $600 per month. The apartment building has new vinyl siding, metal roof with support beams and gutters. 3 apartments have been updated with new bathrooms and floor support, new flooring, paint, trim and front doors. Property also includes an office space of 11x13 with large closet, as well as separate storage room. Apt. rent includes water and trash, all have separate electric/gas meters. House rent includes trash., Stove included, Refrigerator included

Last Agent to Sell the Property

Lisa Hapke

Bower & Associates Inc., REALTORS - Mt. Sterling License #471021930 Listed on: 07/17/2023

Last Buyer's Agent

Lisa Hapke

Bower & Associates Inc., REALTORS - Mt. Sterling License #471021930 Listed on: 07/17/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,690

Year Built

  • Built in 1940

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 80x120x40x120

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms

Schools

  • Brown Co. Elementary School
  • Brown Co. High School

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,690

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Year Built: 1940
  • Legal Description: S PT LOTS 1 & 2 BLK 1 R H HURLBUTS 3RD & PT LOT 8 & ALL LOT 7 BLK 6 RN CURRY & HURLBUT
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Below Grade Bedrooms: 0
  • Room: 3

Exterior Features

  • List Price: 195000

Schools

  • Elementary School: Brown Co.
  • High School: Brown Co.

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: 80X120X40X120
  • Zoning: COMMR

Rental Info

  • Board Number: 27

Tax Info

  • Tax Annual Amount: 3690
  • Tax Year: 2022

Multi Family

  • Units in Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Mar 22, 2024
Sold by
Schemerhorn John and Schemerhorn Krista
Bought by
Nuyen Jeff
Seller's Agent
Lisa Hapke
Bower & Associates Inc., REALTORS - Mt. Sterling
Buyer's Agent
Lisa Hapke
Bower & Associates Inc., REALTORS - Mt. Sterling
List Price
$215,000
Sold Price
$165,000
Premium/Discount to List
-$50,000
-23.26%
Views
85
Current Estimated Value
$180,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,128
Avg. Annual Appreciation
4.81%

Purchase Details

Listed on
Oct 19, 2021
Closed on
Apr 27, 2022
Sold by
Kelly Ross E and Kelly Janice
Bought by
Schemerhorn John
Seller's Agent
Lisa Hapke
Bower & Associates Inc., REALTORS - Mt. Sterling
Buyer's Agent
Lisa Hapke
Bower & Associates Inc., REALTORS - Mt. Sterling
List Price
$137,500
Sold Price
$115,000
Premium/Discount to List
-$22,500
-16.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%
Original Mortgage
$106,000
Interest Rate
2.69%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nuyen Jeff $165,000 Title Ctr Llc
Schemerhorn John $115,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schemerhorn John $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $165,000 -23.3% $45 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
07/17/2023 07/17/23 For Sale $215,000 +87.0% $59 / Sq Ft
04/27/2022 04/27/22 Sold $115,000 -16.4% $31 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
10/19/2021 10/19/21 For Sale $137,500 -- $38 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,057 $51,039 $4,562 $46,477
2023 $3,797 $46,623 $4,319 $42,304
2022 $3,690 $46,460 $4,304 $42,156
2021 $3,599 $43,930 $4,070 $39,860
2020 $3,541 $40,190 $3,720 $36,470
2019 $3,660 $41,660 $4,590 $37,070
2018 $2,277 $30,870 $4,590 $26,280
2017 $2,371 $0 $0 $0
2016 $2,371 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12246615

Midwest Real Estate Data (MRED)

APN: 05-211-008-00