NOT LISTED FOR SALE

304 S East Ave Ogden, IL 61859

Estimated Value: $188,500

2 Beds
1 Bath
-- Sq Ft
0.28 Acres

Last Sold August 11, 2020

Last sale price $150,000

Est. 26% increase in value since last sale

Current estimated payment $1,221/month

51 Days on Market

Highlights

  • 2 Car Attached Garage
  • Prairieview-Ogden Junior High School Rated A-
  • Heating Available

About This Home

As of August 2020

Investors...a fully rented duplex in Ogden is available for purchase. Side A rents for $785, side B rents for $800 per month. Roughly a 9-cap after insurance and property taxes. Seller has had this as part of his portfolio for many years, but is wanting to slow down and is selling the majority of his commercial income properties. This duplex has a newer roof and has been well maintained. Property has a history of being fully rented. The neighboring duplex sold in under a week so don't sit on your hands too long.

Last Agent to Sell the Property

Jon Fisher

MR. LANDMAN License #471020503 Listed on: 03/28/2020

Last Buyer's Agent

Jon Fisher

MR. LANDMAN License #471020503 Listed on: 03/28/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,872

Year Built

  • Built in 2004

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 125 x 100 x 66 x 44 x 59

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Bathroom

Schools

  • Prairieview-Ogden Elementary Sch
  • Prairieview-Ogden Junior High Sc
  • St. Joseph Junior High School

Additional Features

  • Crawl Space
  • Heating Available

Community Details

  • 2 Units
  • Gross Income $18,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,872

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT: 5 BLOCK: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 1
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher

Exterior Features

  • List Price: 160000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Elementary School: Prairieview-Ogden Elementary Sch
  • High School: St. Joseph Junior High School
  • Middle/Junior School: Prairieview-Ogden Junior High Sc
  • Middle/Junior School District: 197

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 125 X 100 X 66 X 44 X 59
  • Zoning: OTHER
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Multi Family

  • GrossIncome: 18900
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3872.42
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 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
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$188,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,500

Purchase Details

Listed on
Mar 28, 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
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $150,000 -6.3% --
05/18/2020 05/18/20 Pending -- -- --
03/28/2020 03/28/20 For Sale $160,000 -- --
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
2020 $4,079 $51,020 $2,210 $48,810
2019 $3,939 $49,540 $2,150 $47,390
2018 $3,872 $48,000 $2,080 $45,920
2017 $4,492 $55,840 $1,980 $53,860
2016 $4,526 $55,840 $1,980 $53,860
2015 $4,446 $54,260 $1,920 $52,340
2014 $4,217 $53,140 $1,880 $51,260
2013 $4,128 $52,350 $1,850 $50,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10679055

Midwest Real Estate Data (MRED)

APN: 17-24-16-102-010