NOT LISTED FOR SALE

229 E Acton Ave Wood River, IL 62095

Estimated Value: $118,401 - $170,000

1 Bed
4 Baths
2,322 Sq Ft
$60/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $110,000 $47 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $975/month

126 Days on Market

About This Home

As of October 2023

Looking for an investment property? This 3 unit residence has (2) 2 bedroom with 1 bath and (1) 1 bedroom with bath. These units are currently rented on a month to month agreement, have 2 tenants that have been there approximately 4 years and 1 tenant approximately 2 years. The back unit pays all utilities and the other units have utilities paid. All units come with a stove and refrigerator and there are 2 washer dryer hook ups downstairs.

Buyer to verify all MLS information including but not limited to square feet, measurements, lot size, features, exemptions/taxes, schools, etc.

Last Agent to Sell the Property

Sherry Gilleland

Dream Home Realty Centre Inc License #471001207 Listed on: 05/25/2023

Last Buyer's Agent

Amber Heeren

RE/MAX Alliance License #475181025

RE/MAX Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1915

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 50x120

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,322 Sq Ft Home
  • Ceiling Fan

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Wood River-Hartford Dist 15 Elementary And Middle School
  • East Alton/Wood River High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • Net Operating Income $1,150

Listing and Financial Details

  • Tenant pays for all utilities, no utilities
  • Assessor Parcel Number 19-2-08-27-05-102-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,667

Year Built

Built in 1915

Lot Details

5,998 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1915
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.1377
  • Co List Office Phone: 4974663
  • Subdivision Name: Pennings Add
  • Above Grade Finished Sq Ft: 2322
  • Age: 108
  • Total Expenses: 850.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Refrigerator(s), Some Range Oven(s)

Exterior Features

  • Disclosures: Unknown, Sellers Discl. Avail
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s), Ceiling Fan(s)
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: WOOD RIVER-HARTFORD DIST 15
  • Junior High Dist: Wood River-Hartford DIST 15
  • High School: East Alton/Wood River
  • Middle Or Junior School: WOOD RIVER-HARTFORD DIST 15

Lot Info

  • Lot Dimensions: 50x120
  • Lot Size Sq Ft: 5998
  • Parcel Number: 19-2-08-27-05-102-031

Rental Info

  • Tenant Pays: All Utilities, No Utilities
  • Lease Term: Month To Month
  • Sub Lease: 0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2667
  • Prop Asses Cty Tx: 0

Multi Family

  • Net Operating Income: 1150
  • Type Of Units: 3-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Oct 2, 2023
Sold by
Shaw Fred
Bought by
Panache Residential Llc
Seller's Agent
Sherry Gilleland
Dream Home Realty Centre Inc
Buyer's Agent
Amber Heeren
RE/MAX Alliance
List Price
$110,000
Sold Price
$110,000
Views
43
Current Estimated Value
$139,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,850
Avg. Annual Appreciation
10.61%
Original Mortgage
$73,500
Outstanding Balance
$72,046
Interest Rate
7.09%
Mortgage Type
Commercial
Estimated Equity
$67,804

Purchase Details

Closed on
Aug 10, 2018
Sold by
Amber Abert Hobbs
Bought by
Shaw Fred
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
Panache Residential Llc $110,000 Prairie State Title & Escrow
Shaw Fred $29,500 Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panache Residential Llc $73,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2023 10/02/23 Sold $110,000 0.0% $47 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $110,000 -- $47 / Sq Ft
Source: MARIS MLS

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 $3,082 $35,920 $4,620 $31,300
2023 $3,082 $33,490 $4,310 $29,180
2022 $2,923 $30,910 $3,980 $26,930
2021 $2,667 $28,810 $3,710 $25,100
2020 $2,607 $27,740 $3,570 $24,170
2019 $2,513 $26,910 $3,460 $23,450
2018 $2,439 $25,570 $3,280 $22,290
2017 $2,360 $25,530 $3,200 $22,330
2016 $2,323 $25,530 $3,200 $22,330
2015 $2,305 $25,260 $3,170 $22,090
2014 $2,305 $25,260 $3,170 $22,090
2013 $2,305 $25,630 $3,220 $22,410
Source: Public Records

Agents Affiliated with this Home

  • Sherry Gilleland

    Seller's Agent in 2023

    Sherry Gilleland

    Dream Home Realty Centre Inc

    (618) 779-0990

    25 in this area

    209 Total Sales

    Sherry Gilleland
    Section Image
  • Amber Heeren

    Buyer's Agent in 2023

    Amber Heeren

    RE/MAX Alliance

    (618) 541-1081

    5 in this area

    69 Total Sales

    Amber Heeren
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS23029689

MARIS MLS

APN: 19-2-08-27-05-102-031

Illinois Madison County Wood River 62095

229 E Acton Ave, Wood River, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MARIS MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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