NOT LISTED FOR SALE

2403 E Main St Danville, IL 61832

Estimated Value: $36,000 - $60,547

4 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold September 28, 2023

Last sale price $48,000

Est. 4% increase in value since last sale

Current estimated payment $313/month

30 Days on Market

About This Home

As of September 2023

Good investment property: Two-story home with two units one on the main level and one on the second level. Both units are rented on a 1-year lease.

Last Agent to Sell the Property

Carrie Downey-Driver

RE/MAX Rising License #475172781 Listed on: 08/07/2023

RE/MAX Rising

Last Buyer's Agent

Nate Byram

Coldwell Banker Real Estate Group License #471000476

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1912

Lot Details

  • 7,405

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Meade Park Elementary School
  • North Ridge Middle School
  • Danville High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50x145

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,397

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Water Heater-Gas
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Meade Park Elementary School
  • High School: Danville High School
  • Middle/Junior School: North Ridge Middle School

Lot Info

  • Lot Dimensions: 50X145
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 1396.62
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Palmer Kolton and Palmer Shartel
Bought by
2403 East Main Llc
Current Estimated Value
$50,137

Purchase Details

Listed on
Aug 7, 2023
Closed on
Oct 3, 2023
Sold by
Slumlord Millionaire Llc
Bought by
Palmer Kolton and Palmer Shartel
Seller's Agent
Carrie Downey-Driver
RE/MAX Rising
Buyer's Agent
Nate Byram
Coldwell Banker Real Estate Group
List Price
$50,000
Sold Price
$48,000
Premium/Discount to List
-$2,000
-4%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%

Purchase Details

Closed on
Jul 31, 2020
Sold by
Mason Catrina D
Bought by
Slumlord Millionaire Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
2403 East Main Llc -- None Listed On Document
Palmer Kolton $48,000 Mclean County Title
Slumlord Millionaire Llc $40,000 Freed Kelly M
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slumlord Millionaire Llc $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2023 09/28/23 Sold $48,000 -4.0% --
09/07/2023 09/07/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $50,000 +75.4% --
09/09/2016 09/09/16 Sold $28,500 -10.9% $14 / Sq Ft View Prior Sale
07/06/2016 07/06/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $32,000 -- $15 / 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 $1,561 $17,269 $1,991 $15,278
2023 $1,561 $14,831 $1,710 $13,121
2022 $1,397 $13,132 $1,514 $11,618
2021 $1,333 $12,159 $1,402 $10,757
2020 $1,298 $11,748 $1,355 $10,393
2019 $1,323 $11,748 $1,355 $10,393
2018 $1,284 $11,689 $1,348 $10,341
2015 $1,232 $10,381 $1,197 $9,184
2014 $1,232 $10,381 $1,197 $9,184
2013 $1,232 $10,381 $1,197 $9,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11853360

Midwest Real Estate Data (MRED)

APN: 23-03-413-032