NOT LISTED FOR SALE

304 S Sangamon Ave Gibson City, IL 60936

Estimated Value: $142,221 - $212,000

3 Beds
2 Baths
2,045 Sq Ft
$80/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $31,000 $15 Per Sq Ft

Est. 428% increase in value since last sale

Current estimated payment $1,071/month

164 Days on Market

Highlights

  • New Construction
  • Farmhouse Style Home
  • Forced Air Heating System
  • GCMS High School Rated 9+

About This Home

As of September 2016

Good investment rental property! Small town living, mature trees line the streets. This residence is situated on 2 lots, corner location. Just a short distance to downtown. This 2 story house consists of 1 studio apartment on the ground level, currently vacant, and one 2 story, 3 bedroom apartment, currently rented. Each unit has its own furnace, water heater and electric panel. Appliances on site will stay. The roof on this unique property is approximately 10 years old. Living and dining areas have low maintenance wood flooring

Last Agent to Sell the Property

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 03/21/2016

Last Buyer's Agent

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 03/21/2016

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,144

Home Design

  • New Construction
  • Farmhouse Style Home
  • Slate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Gibsoncity Elementary And Middle School
  • GCMS High School

Utilities

  • Forced Air Heating System
  • Private or Community Septic Tank

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 75 x 95

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • ArchitecturalStyle: Farmhouse
  • New Construction: Yes
  • Age: NEW Ready for Occupancy
  • Legal Description: -001 W 95' LOT 1 & W 95' N 1/2 LOT 2 BLK 15 GUTHRIES ADDSEE OTHER REMARKS FOR 2ND PIN
  • ResoPropertyType: ResidentialIncome
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Existing Basement/Foundation: Yes

Exterior Features

  • Exterior Building Type: Slate

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Septic-Private
  • Heating: Forced Air
  • Water Source: Public

Schools

  • Elementary School: GIBSONCITY
  • High School: GCMS HIGH SCHOOL
  • Middle/Junior School: GIBSONCITY

Lot Info

  • Lot Dimensions: 75 X 95

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 2841
  • Tax Year: 2014

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
Sep 29, 2016
Sold by
Litwiller Kenneth W and Litwiller Mary Faith
Bought by
Morris Katrina L
Seller's Agent
Russ Taylor
Taylor Realty Associates
Buyer's Agent
Russ Taylor
Taylor Realty Associates
List Price
$57,500
Sold Price
$31,000
Premium/Discount to List
-$26,500
-46.09%
Current Estimated Value
$163,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,805
Avg. Annual Appreciation
20.12%

Purchase Details

Closed on
Apr 24, 2007
Sold by
Steidinger Justin and Steidinger Tricia A
Bought by
Litwiller Mary Faith and Litwiller Kenneth
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
Morris Katrina L -- --
Litwiller Mary Faith -- --
Steidinger Justin -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2016 09/29/16 Sold $31,000 -46.1% $15 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $57,500 -- $28 / 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 $2,518 $41,650 $4,570 $37,080
2023 $2,518 $36,360 $4,060 $32,300
2022 $2,270 $33,980 $3,790 $30,190
2021 $2,502 $32,670 $3,640 $29,030
2020 $2,275 $31,120 $3,470 $27,650
2019 $2,196 $29,630 $3,300 $26,330
2018 $2,118 $29,310 $3,300 $26,010
2017 $2,133 $23,130 $3,280 $19,850
2016 $2,674 $28,450 $3,200 $25,250
2015 $2,618 $28,450 $3,200 $25,250
2014 $2,618 $28,450 $3,200 $25,250
2013 $20 $28,450 $3,200 $25,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09440360

Midwest Real Estate Data (MRED)

APN: 09-11-11-407-001