NOT LISTED FOR SALE

304 E 7th St Alton, IL 62002

Estimated Value: $230,000 - $258,000

-- Bed
3 Baths
2,304 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $172,550 $75 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,696/month

146 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Open Lot

About This Home

As of May 2017

Great opportunity for an owner occupant or invesetor. This 3-unit offers three 2 bedroom/2 bath units with one car attached garage. The entire building has been completely renovated. Open concept living/kitchen on main level with one bedroom and one bathroom. The basement offers the second bedroom and bathroom. Either live in one and let the other 2 units pay your expenses or rent each unit for income! All the work is done! Great Alton location close to amenities and the bridge!

Last Agent to Sell the Property

Travis Tarrant

Tarrant and Harman Real Estate and Auction Co License #471016673 Listed on: 11/07/2016

Tarrant and Harman Real Estate and Auction Co

Last Buyer's Agent

Kelli Angleton

Market Pro Realty, Inc License #475142590

Property Details

Home Type

  • Multi-Family

Year Built

  • 1990

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Open Lot

Home Design

  • Updated or Remodeled

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Year Built

1990

Lot Details

0

Listing Details

  • Cross Street: Alton St
  • Municipality Township: Alton
  • Special Description: Renovated
  • Age: 25
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1990

Interior Features

  • Misc Features: Deck

Exterior Features

  • Exterior Features: Frame, Vinyl Siding

Garage/Parking

  • Parking: 1-2 Car Attached Grg, Off Street, Open Lot

Utilities

  • Cooling: Central-Electric
  • Heating: Forced Air
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 60x100
  • Lot Sq Ft: 6011

Rental Info

  • Tenancy Type: 1 or More Vacant, Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 28800.00
  • Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2016
Closed on
May 4, 2017
Sold by
Bluff City Properties Llc
Bought by
Orion Rentals Llc
Seller's Agent
Travis Tarrant
Tarrant and Harman Real Estate and Auction Co
Buyer's Agent
Kelli Angleton
Market Pro Realty, Inc
List Price
$195,000
Sold Price
$172,550
Premium/Discount to List
-$22,450
-11.51%
Current Estimated Value
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,450
Avg. Annual Appreciation
3.98%
Original Mortgage
$155,000
Outstanding Balance
$128,902
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$113,098

Purchase Details

Closed on
Apr 29, 2014
Sold by
Freshour Darren L and Freshour Lori
Bought by
Bluff City Properties Llc

Purchase Details

Closed on
Oct 14, 2011
Sold by
Durr Bradford K
Bought by
Freshour Darren L

Purchase Details

Closed on
Jan 2, 2009
Sold by
Durr Robin M
Bought by
Durr Bradford K
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
Orion Rentals Llc $173,000 Serenity Title & Escrow
Bluff City Properties Llc -- Serenity Title & Escrow Ltd
Freshour Darren L $43,000 Tri County Title & Escrow In
Durr Bradford K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orion Rentals Llc $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $172,550 -11.5% $75 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $195,000 -- $85 / 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 $5,179 $63,710 $2,830 $60,880
2023 $5,179 $57,540 $2,560 $54,980
2022 $4,867 $52,010 $2,310 $49,700
2021 $4,478 $48,880 $2,170 $46,710
2020 $4,374 $47,130 $2,090 $45,040
2019 $4,522 $46,050 $2,040 $44,010
2018 $4,402 $44,860 $1,990 $42,870
2017 $4,008 $41,430 $1,990 $39,440
2016 $3,929 $41,430 $1,990 $39,440
2015 $3,733 $41,430 $1,990 $39,440
2014 $3,733 $41,430 $1,990 $39,440
2013 $3,733 $42,550 $2,040 $40,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16077190

MARIS MLS

APN: 23-2-07-11-19-404-013