NOT LISTED FOR SALE

302 E Walnut St Oglesby, IL 61348

Estimated Value: $111,120

-- Bed
3 Baths
3,404 Sq Ft
$33/Sq Ft Est. Value

Last Sold March 25, 2013

Last sale price $50,000 $15 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $760/month

83 Days on Market

About This Home

As of March 2013

Five unit building in Oglesby. Two offices on main level plus 3 apartments, 1+ car garage, large back lot, new in 2001 membrane roof installed by Tom Kat Roofing, apartments are furnished plus stove & refrigerator. Property has been maintained.

Last Agent to Sell the Property

Robert Huber

Coldwell Banker Today's, Realtors Listed on: 10/25/2012

Coldwell Banker Today's, Realtors

Last Buyer's Agent

Robert Huber

Coldwell Banker Today's, Realtors Listed on: 10/25/2012

Coldwell Banker Today's, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,825

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 112x100

Home Design

  • Flat Roof Shape
  • Membrane Roofing
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,404 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $6,496
  • Gross Income $1,225
  • Net Operating Income $8,204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,825

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 2
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required,Show-Call Listing Office
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Basement Description: Unfinished
  • Refrigerators: 3
  • Ranges: 3
  • Number of Windows: 4
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 82900
  • Roof: Membrane
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding
  • Roof Structure: Flat
  • Misc Outside: Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water-Municipal
  • Heat/Ventilation: Forced Air,Gas,Hot Water

Condo/Co-op/Association

  • Unincorporated (Y/N): Yes
  • Owners Association (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 112X100
  • Lot Size Sq Ft: 11200
  • Zoning: COMMR

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 18

Building Info

  • BuildingAreaTotal: 3404

Multi Family

  • Net Operating Income: 8204
  • GrossIncome: 1225
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 6496
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 1825
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2012
Closed on
Apr 2, 2013
Sold by
Weber Richard and Knoblauch James D
Bought by
Weber Richard and Weber Jodi F
Seller's Agent
Robert Huber
Coldwell Banker Today's, Realtors
Buyer's Agent
Robert Huber
Coldwell Banker Today's, Realtors
List Price
$82,900
Sold Price
$50,000
Premium/Discount to List
-$32,900
-39.69%
Current Estimated Value
$111,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,120
Avg. Annual Appreciation
6.59%
Original Mortgage
$41,000
Outstanding Balance
$8,408
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$102,712

Purchase Details

Listed on
Oct 25, 2012
Closed on
Mar 25, 2013
Sold by
Scheri Louis J and Scheri Lydia A
Bought by
Weber Richard and Knoblauch James D
Seller's Agent
Robert Huber
Coldwell Banker Today's, Realtors
Buyer's Agent
Robert Huber
Coldwell Banker Today's, Realtors
List Price
$82,900
Sold Price
$50,000
Premium/Discount to List
-$32,900
-39.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Outstanding Balance
$8,408
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$102,712
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
Weber Richard -- None Available
Weber Richard $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weber Richard $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2013 03/25/13 Sold $50,000 -39.7% $15 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
10/25/2012 10/25/12 For Sale $82,900 -- $24 / 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 $2,019 $21,187 $4,853 $16,334
2023 $1,987 $20,548 $3,846 $16,702
2022 $1,778 $19,385 $3,628 $15,757
2021 $1,998 $19,385 $3,628 $15,757
2020 $1,953 $19,385 $3,628 $15,757
2019 $2,095 $19,385 $3,628 $15,757
2018 $2,051 $19,385 $3,628 $15,757
2017 $2,041 $19,385 $3,628 $15,757
2016 $2,153 $19,385 $3,628 $15,757
2015 $1,027 $19,385 $3,628 $15,757
2012 -- $19,385 $3,628 $15,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08208587

Midwest Real Estate Data (MRED)

APN: 18-25-404034