NOT LISTED FOR SALE

2508 Tibbitt St Alton, IL 62002

Estimated Value: $49,000 - $152,000

-- Bed
2 Baths
1,482 Sq Ft
$52/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $35,000 $24 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $521/month

36 Days on Market

About This Home

As of November 2021

This North Alton duplex offers 2 one-bedroom apartments with their own HVAC, water and electric services. Outside basement access. Upper unit is currently vacant. Lower unit is renting for $450 per month. Off-street parking on each side of building. Large yard.

Last Agent to Sell the Property

Lisa Funk

RE/MAX Alliance License #471000228 Listed on: 09/10/2021

RE/MAX Alliance

Last Buyer's Agent

Amber Wilkinson

Coldwell Banker Brown Realtors License #475.186862

Coldwell Banker Brown Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 1900

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 65x108

Parking

  • Off-Street Parking

Home Design

  • 1,482 Sq Ft Home
  • Duplex
  • Vinyl Siding

Schools

  • Alton Dist 11 Elementary And Middle School
  • Alton High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, sewer, water
  • Assessor Parcel Number 23-2-07-02-06-102-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,268

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Alton
  • Age: 121
  • Ownership: Private
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 1482

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Heating: Forced Air

Schools

  • School District: Alton DIST 11
  • Elementary School: ALTON DIST 11
  • Middle School: ALTON DIST 11
  • High School: Alton
  • Elementary School: ALTON DIST 11
  • Junior High School: ALTON DIST 11
  • School District: Alton DIST 11
  • Senior High School: Alton

Lot Info

  • Lot Dimensions: 65X108
  • Lot Sq Ft: 7013
  • Acres: 0.1610

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Sewer, Water

Multi Family

  • Gross Operating Income: 5400.00
  • Units: 2
  • Total Expenses: 2200.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 1070
  • Assessor Parcel Number: 23-2-07-02-06-102-005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Nov 24, 2021
Sold by
Redman Michael G and Redman Dana M
Bought by
Greene Enterprise Llc
Seller's Agent
Lisa Funk
RE/MAX Alliance
Buyer's Agent
Amber Wilkinson
Coldwell Banker Brown Realtors
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%
Current Estimated Value
$76,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,798
Avg. Annual Appreciation
17.90%
Original Mortgage
$28,000
Outstanding Balance
$26,092
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$39,135

Purchase Details

Closed on
Dec 28, 2017
Sold by
Batchelor Stephen D and Batchelor Barbara I
Bought by
Redman Michael G and Redman Dana M

Purchase Details

Closed on
Dec 27, 2006
Sold by
Batchelor Stephen D and Batchelor Barbara J
Bought by
Batchelor Stephen D and Batchelor Barbara J
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
Greene Enterprise Llc $35,000 Serenity Title & Escrow
Redman Michael G -- --
Batchelor Stephen D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Enterprise Llc $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $35,000 -22.2% $24 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $45,000 -9.8% $30 / Sq Ft
09/10/2021 09/10/21 For Sale $49,900 -- $34 / 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
2024 $1,268 $15,600 $3,700 $11,900
2023 $1,268 $14,090 $3,340 $10,750
2022 $1,192 $12,740 $3,020 $9,720
2021 $1,097 $11,970 $2,840 $9,130
2020 $1,071 $11,540 $2,740 $8,800
2019 $1,108 $11,280 $2,680 $8,600
2018 $1,078 $10,990 $2,610 $8,380
2017 $811 $8,380 $2,610 $5,770
2016 $795 $8,380 $2,610 $5,770
2015 $755 $8,380 $2,610 $5,770
2014 $755 $8,380 $2,610 $5,770
2013 $755 $11,680 $2,680 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21064634

MARIS MLS

APN: 23-2-07-02-06-102-005