NOT LISTED FOR SALE

217 S 16th St Belleville, IL 62220

Estimated Value: $131,000 - $163,000

-- Bed
-- Bath
1,416 Sq Ft
$108/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $130,000 $92 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,160/month

32 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

Investors, here is your chance to own a great investment property! Four 1 bedroom units in this multi unit property. Many updates have been completed to include, two new furnaces and a new roof installed in 2021. Freshly painted interiors and some units have also received new carpet. Other units include wood veneer flooring. Refrigerator and stoves in all units. A nice sized deck on the back of the property is perfect for tenants and there is ample parking in the back of the property. Three apartments are currently rented and one unit is vacant. Don’t miss out on this chance to own a great investment property. Sold as is. Seller will not complete repairs or complete occupancy requirements.

Last Agent to Sell the Property

Cheryl Johnson

Strano & Associates License #475.175095 Listed on: 12/23/2022

Last Buyer's Agent

Jasmine Spraggins

Keller Williams Marquee License #475181599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,146

Year Built

  • Built in 1907

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 54x105x105x25x23

Home Design

  • Quadruplex

Parking

  • Additional Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 08-20.0-423-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,146

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 116
  • Ownership: Private
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Deck, Laundry Facil- None, Patio
  • Square Footage Unknown: Yes

Garage/Parking

  • Parking: Additional Parking, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric, Individual Units
  • Heating: Forced Air, Individual Furnaces

Schools

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

Lot Info

  • Lot Dimensions: 54x105x105x25x23
  • Lot Sq Ft: 6970
  • Acres: 0.1600

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases

Multi Family

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

Tax Info

  • Taxes Paid: 3665
  • Assessor Parcel Number: 08-20.0-423-014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2022
Closed on
Jan 27, 2023
Sold by
Sehr Donald and Sehr Esperanza
Bought by
James Craig
Seller's Agent
Cheryl Johnson
Strano & Associates
Buyer's Agent
Jasmine Spraggins
Keller Williams Marquee
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Views
45
Current Estimated Value
$149,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,421
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Sep 9, 2003
Sold by
Munie John E and Munie Molly E
Bought by
Sehr Donald and Sehr Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
James Craig $130,000 None Available
Sehr Donald $85,000 Town & Country Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sehr Donald $68,000
Previous Owner Munie John E $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $130,000 -7.1% $92 / Sq Ft
12/23/2022 12/23/22 For Sale $139,900 -- $99 / 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
2023 $4,146 $44,167 $3,278 $40,889
2022 $3,806 $39,761 $2,951 $36,810
2021 $3,665 $36,758 $2,728 $34,030
2020 $3,562 $34,761 $2,580 $32,181
2019 $3,552 $34,283 $2,714 $31,569
2018 $3,473 $33,541 $2,655 $30,886
2017 $3,446 $33,304 $2,636 $30,668
2016 $3,402 $32,597 $2,580 $30,017
2014 $3,704 $40,056 $2,799 $37,257
2013 $3,665 $40,629 $2,839 $37,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22078829

MARIS MLS

APN: 08-20.0-423-014