NOT LISTED FOR SALE

262 Mason Ct Sycamore, IL 60178

Estimated Value: $261,000 - $295,167

4 Beds
4 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold July 18, 2022

Last sale price $215,000

Est. 30% increase in value since last sale

Current estimated payment $2,067/month

6 Days on Market

Highlights

  • Patio
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of July 2022

INVESTMENT OPPORTUNITY! This all brick ~2 unit duplex~ on Mason Court is just minutes to downtown Sycamore and close to shopping, restaurants, schools and more. Each unit offers 2 beds / 1.1 baths, family room, kitchen and unfinished basement. Some recent improvements include a new roof in 2016. Unit 262 got a new fridge in 2020. Unit 264 got a new a/c in 2021 and a new drive in 2016. Each unit has their own concrete driveway for off street parking, central air and access to the large backyard with a cement patio and fire pit. Both units are currently rented with long time tenants. Please note property is being sold "AS IS". Please respect tenants time and property while showing.

Last Agent to Sell the Property

James Dumont

Baird & Warner Fox Valley - Geneva License #475130520 Listed on: 05/31/2022

Baird & Warner Fox Valley -  Geneva

Last Buyer's Agent

Sue Englert

Elm Street, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,751

Year Built

  • Built in 1970

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 140x60

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,300
  • Gross Income $22,800
  • Net Operating Income $15,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,751

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 230000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Other Expenses $: 5751

Schools

  • Middle/Junior School District: 427

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 140X60
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 15748
  • Insurance Expense: 1300
  • GrossIncome: 22800
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 5751.12
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Jun 30, 2022
Sold by
Munson Craig A and Declar Linda
Bought by
Canfit Enterprises Llc
Seller's Agent
James Dumont
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Sue Englert
Elm Street, REALTORS
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%
Current Estimated Value
$279,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,792
Avg. Annual Appreciation
8.36%
Original Mortgage
$184,000
Outstanding Balance
$177,222
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$97,396

Purchase Details

Closed on
Feb 7, 2006
Sold by
Munson Craig A
Bought by
Munson Trust
Source: Public Records

Range of Values:

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Average Value
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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
Canfit Enterprises Llc $215,000 New Title Company Name
Munson Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canfit Enterprises Llc $184,000
Previous Owner Munson Trust $133,200
Previous Owner Munson Craig A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $215,000 -6.5% --
06/07/2022 06/07/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $230,000 -- --
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 $6,263 $75,812 $10,535 $65,277
2023 $6,263 $69,228 $9,620 $59,608
2022 $6,017 $63,494 $8,823 $54,671
2021 $5,751 $59,608 $8,283 $51,325
2020 $5,681 $58,142 $8,079 $50,063
2019 $5,597 $56,868 $7,902 $48,966
2018 $5,514 $55,142 $7,662 $47,480
2017 $5,395 $52,960 $7,359 $45,601
2016 $5,284 $50,544 $7,023 $43,521
2015 -- $47,571 $6,610 $40,961
2014 -- $45,173 $6,277 $38,896
2013 -- $46,038 $6,397 $39,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11418068

Midwest Real Estate Data (MRED)

APN: 06-32-104-002