Seller's Agent in 2023
Emily Greenstreet
RE/MAX Preferred
(618) 534-0500
20 in this area
57 Total Sales
24 Iowa Ave Belleville, IL 62220
Estimated Value: $144,000 - $160,000
--
Bed
--
Bath
1,550
Sq Ft
$96/Sq Ft
Est. Value
Highlights
- Detached Garage
- Forced Air Heating and Cooling System
- Laundry Facilities
- Storage Room
About This Home
As of September 2023This well maintained 1.5 story bungalow duplex with detached garage is the turnkey cashflowing investment opportunity you have been looking for. All long term tenants, current leases thru end of July & Sept 2024. Main floor is 2ba/1ba with living room, large eat in kitchen, full bath, higher ceilings, some original woodwork, wood laminate & vinyl floors; fridge 2017 (new evap motor 2023), stove & d/w 2014, gas water heater 2022; and 2 gravel parking spots in rear. Upstairs is 1bd/1ba with eat in kitchen and living room/ office; fridge, stove 2022, electric water heater 2018; street parking. Both units have shared basement access with separate laundry hookups & separate storage; tenants supply own w/d. Detached garage is 28x32 with 10x10 door, side entry door, its own half bath and furnace. Covered front porch is newer poured concrete. Architectural main roof and HVACs are working properly, ages unknown. City compliant. Owner pays sewer/trash. Tenants rights. Min 24hr notice required.
Last Agent to Sell the Property
RE/MAX Preferred License #475162991 Listed on: 08/14/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,573
Year Built
- Built in 1920
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 48 x 141.50
Home Design
- Duplex
- Vinyl Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 1,550 Sq Ft Home
- Storage Room
- Basement
Parking
- Detached Garage
- Additional Parking
- On-Street Parking
Schools
- Belleville Dist 118 Elementary And Middle School
- Belleville High School-East
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Laundry Facilities
Listing and Financial Details
- Tenant pays for cable tv/satellite, electric, gas, water
- Assessor Parcel Number 08-22.0-418-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2023
Closed on
Sep 15, 2023
Sold by
Richter Toni L and Richter Thomas C
Bought by
Reyes-Najera Jennifer Halili and Najera Sean
Seller's Agent
Emily Greenstreet
RE/MAX Preferred
Buyer's Agent
Lacey and Brent Dore
RE/MAX Signature Properties
List Price
$135,000
Sold Price
$135,000
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,412
Avg. Annual Appreciation
4.57%
Original Mortgage
$101,250
Outstanding Balance
$98,747
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$49,665
Purchase Details
Listed on
Aug 14, 2023
Closed on
Sep 7, 2023
Sold by
Gregory Kaitlyn and Merckel Amanda
Bought by
Richter Toni L
Seller's Agent
Emily Greenstreet
RE/MAX Preferred
Buyer's Agent
Lacey and Brent Dore
RE/MAX Signature Properties
List Price
$135,000
Sold Price
$135,000
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Outstanding Balance
$98,747
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$49,665
Purchase Details
Closed on
Jun 16, 2003
Sold by
Meddows Marvin K and Meddows Judith K
Bought by
Richter Thomas C and Richter Toni L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 2002
Sold by
Ferando Gloria Isler
Bought by
Meddows Marvin K and Meddows Judith K
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reyes-Najera Jennifer Halili | $135,000 | Advanced Title Solutions | |
| Richter Toni L | -- | None Available | |
| Richter Thomas C | $75,000 | Pti | |
| Meddows Marvin K | $56,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reyes-Najera Jennifer Halili | $101,250 | |
| Previous Owner | Richter Thomas C | $67,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $135,000 | 0.0% | $87 / Sq Ft |
| 08/16/2023 08/16/23 | Pending | -- | -- | -- |
| 08/14/2023 08/14/23 | For Sale | $135,000 | -- | $87 / Sq Ft |
Source: MARIS MLS
Tax History Compared to Growth
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 | $3,573 | $40,628 | $4,193 | $36,435 |
| 2023 | $2,960 | $31,539 | $4,110 | $27,429 |
| 2022 | $2,718 | $28,393 | $3,700 | $24,693 |
| 2021 | $2,617 | $26,249 | $3,421 | $22,828 |
| 2020 | $2,544 | $24,823 | $3,235 | $21,588 |
| 2019 | $2,565 | $24,754 | $3,240 | $21,514 |
| 2018 | $2,508 | $24,219 | $3,170 | $21,049 |
| 2017 | $2,488 | $24,049 | $3,148 | $20,901 |
| 2016 | $2,457 | $23,538 | $3,081 | $20,457 |
| 2014 | $2,226 | $24,076 | $3,669 | $20,407 |
| 2013 | $2,203 | $24,420 | $3,721 | $20,699 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Greenstreet
-
Lacey and Brent Dore
Buyer's Agent in 2023
Lacey and Brent Dore
RE/MAX
(618) 973-2576
83 in this area
199 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS23048037
APN: 08-22.0-418-005
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