NOT LISTED FOR SALE

305 8th Ave Mendota, IL 61342

Estimated Value: $119,554 - $172,000

4 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold April 29, 2022

Last sale price $97,500

Est. 43% increase in value since last sale

Current estimated payment $950/month

185 Days on Market

About This Home

As of April 2022

IF YOU ARE LOOKING FOR HOUSING-THIS 2 UNIT HOME CAN BE CONVERTED BACK TO A SINGLE FAMILY RESIDENCE. CURRENTLY BEING USED AS AN INVESTMENT PROPERTY WITH 2 UNITS! HOME HAS A LARGE LOT AND GARAGE. CURRENTLY BOTH BEING LEASED MONTH TO MONTH. NICE YARD/LOT AND LOCATION. DON'T WAIT...WON'T LAST LONG!

Last Agent to Sell the Property

Becky McPheeters

Town & Country Realty Sales Listed on: 09/09/2021

Town & Country Realty Sales

Last Buyer's Agent

Karen Mika

EXIT Strategy Realty License #475192936

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1916

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 65x150

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Schools

  • Mendota Twp High School

Additional Features

  • 1-Story Property
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,250

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • High School: Mendota Twp High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 65X150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2249.92
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Apr 29, 2022
Sold by
Barrett Beverly A and Todd Barrett Estate Todd Barrett Estate
Bought by
Lopez Kyle and Kamin Catherine
Seller's Agent
Becky McPheeters
Town & Country Realty Sales
Buyer's Agent
Karen Mika
EXIT Strategy Realty
List Price
$110,000
Sold Price
$97,500
Premium/Discount to List
-$12,500
-11.36%
Current Estimated Value
$139,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,889
Avg. Annual Appreciation
10.00%
Original Mortgage
$87,750
Outstanding Balance
$82,773
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$56,616

Purchase Details

Listed on
Jan 2, 2017
Closed on
May 1, 2017
Sold by
Mammen David M and Mammen Marcy
Bought by
Barrett Todd
Seller's Agent
Joe McConville
McConville Realty and Auctioneering
Buyer's Agent
Sharon Kimrey
McConville Realty and Auctioneering
List Price
$77,000
Sold Price
$71,000
Premium/Discount to List
-$6,000
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$71,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Source: Public Records
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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
Lopez Kyle $97,500 None Available
Barrett Todd $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Kyle $87,750
Previous Owner Barrett Todd $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $97,500 -11.4% --
03/14/2022 03/14/22 Pending -- -- --
09/09/2021 09/09/21 For Sale $110,000 +54.9% --
07/30/2017 07/30/17 Off Market $71,000 -- --
05/01/2017 05/01/17 Sold $71,000 -7.8% -- View Prior Sale
03/22/2017 03/22/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $77,000 -- --
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 $2,710 $31,288 $7,437 $23,851
2023 $2,597 $29,138 $6,926 $22,212
2022 $2,402 $26,564 $6,314 $20,250
2021 $2,392 $25,146 $5,977 $19,169
2020 $2,250 $23,742 $5,643 $18,099
2019 $2,282 $23,742 $5,643 $18,099
2018 $2,290 $23,221 $5,519 $17,702
2017 $2,320 $22,927 $5,449 $17,478
2016 $2,241 $21,950 $5,217 $16,733
2015 $2,183 $21,284 $5,059 $16,225
2012 -- $24,377 $5,794 $18,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11214422

Midwest Real Estate Data (MRED)

APN: 01-33-327018