NOT LISTED FOR SALE

302 Proctor Ln Saint Joseph, IL 61873

Estimated Value: $164,264 - $845,000

4 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold August 11, 2020

Last sale price $104,000

Est. 298% increase in value since last sale

Current estimated payment $2,480/month

105 Days on Market

Highlights

  • Deck
  • St Joseph Middle School Rated A-
  • Ranch Style House

About This Home

As of August 2020

Investors...This is a two bedroom, one bath duplex that has a new roof and two year old mechanicals. 100 amp electrical service. Appliances included. Side A rents for $650, side B for $600 (Roughly a 9 cap at list price). Four other similar duplexes adjacent to this unit are being sold together as one package; five total in package. See other four units being sold as part of this package at 204 Proctor, 206 Proctor, 304 Proctor and 408 Elm, St. Joseph. Total asking price $665,000.

Last Agent to Sell the Property

Jon Fisher

MR. LANDMAN License #471020503 Listed on: 02/03/2020

Last Buyer's Agent

Jon Fisher

MR. LANDMAN License #471020503 Listed on: 02/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,230

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 131 x 76

Home Design

  • Ranch Style House
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking

Schools

  • St. Joseph Elementary School
  • St. Joseph Junior High School
  • St. Joe-Ogden High School

Additional Features

  • Crawl Space
  • Deck
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Proctors Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,230

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: Proctors
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 3 PROCTOR'S 1ST SUBD
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 133000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Elementary School: St. Joseph Elementary School
  • High School: St. Joe-Ogden High School
  • Middle/Junior School: St. Joseph Junior High School
  • Middle/Junior School District: 169

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 131 X 76
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 2229.51
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Aug 3, 2020
Sold by
Sitcci2 Llc
Bought by
The Formain Trust Company
Seller's Agent
Jon Fisher
MR. LANDMAN
Buyer's Agent
Jon Fisher
MR. LANDMAN
List Price
$135,000
Sold Price
$104,000
Premium/Discount to List
-$31,000
-22.96%
Total Days on Market
105
Current Estimated Value
$413,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,421
Avg. Annual Appreciation
31.61%

Purchase Details

Listed on
Feb 3, 2020
Closed on
Jul 30, 2020
Sold by
Bates John Troy and Bates Troy J
Bought by
Sjtcci2 Llc
Seller's Agent
Jon Fisher
MR. LANDMAN
Buyer's Agent
Jon Fisher
MR. LANDMAN
List Price
$135,000
Sold Price
$104,000
Premium/Discount to List
-$31,000
-22.96%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Bantz Stephen E and Jenkins Stanley C
Bought by
Bates John Troy

Purchase Details

Closed on
Jul 28, 2003
Sold by
Osterbur Timothy R
Bought by
Bantz Stephen E and Jenkins Stanley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2001
Sold by
Seaman William E and Seamn Linda E
Bought by
Osterbur Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
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
The Formain Trust Company $615,000 None Available
Sjtcci2 Llc $820,000 Allied Capital Title
Bates John Troy $600,000 None Available
Bantz Stephen E $346,500 --
Osterbur Timothy R $263,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bates John Troy $766,196
Previous Owner Bantz Stephen E $57,600
Previous Owner Osterbur Timothy R $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $104,000 0.0% --
08/03/2020 08/03/20 Off Market $104,000 -- --
05/18/2020 05/18/20 Pending -- -- --
03/17/2020 03/17/20 Price Changed $133,000 -1.5% --
02/03/2020 02/03/20 For Sale $135,000 -- --
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 $2,724 $41,510 $8,570 $32,940
2023 $2,724 $37,300 $7,700 $29,600
2022 $2,599 $35,060 $7,240 $27,820
2021 $2,505 $33,360 $6,890 $26,470
2020 $2,482 $32,890 $6,790 $26,100
2019 $2,395 $31,720 $6,550 $25,170
2018 $2,289 $30,500 $6,300 $24,200
2017 $2,256 $29,840 $6,160 $23,680
2016 $2,205 $29,340 $6,060 $23,280
2015 $2,170 $28,990 $5,990 $23,000
2014 $2,110 $28,010 $5,790 $22,220
2013 $2,060 $27,710 $5,730 $21,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10626442

Midwest Real Estate Data (MRED)

APN: 28-22-14-152-012