NOT LISTED FOR SALE

305 E Leo St Eureka, IL 61530

Estimated Value: $144,000 - $195,000

4 Beds
3 Baths
1,882 Sq Ft
$91/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $105,000 $56 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,148/month

30 Days on Market

About This Home

As of December 2022

Investment property. Please give tenants a 24 hour notice before a showing. This property houses 3 fully rented units. Tenants currently are month to month. Main addition -540 sq ft, 1 bedroom 1 bath is on a crawl space- rents for $600. Main house lower level - 1044 sq ft consist of 2 bedroom 1 bath with access to a full unfinished basement rents for $700. Upper unit houses -884 sq ft - 1 bedroom 1 bath renting for $500. Outside parking. Yard and snow removal provided by owner. Tenants currently pay all electrical. Each unit comes with the stove and refrigerator. Washer and dryer hook up in two of the units.

Last Agent to Sell the Property

Liz Danner

RE/MAX Traders Unlimited License #475156957 Listed on: 10/17/2022

RE/MAX Traders Unlimited

Last Buyer's Agent

Ken Baxter

RE/MAX Traders Unlimited License #475122073

RE/MAX Traders Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1923

Lot Details

  • 10,629

Interior Spaces

  • 2-Story Property

Basement

  • Partial Basement
  • Block Basement Construction
  • Crawl Space
  • Natural lighting in basement

Schools

  • Davenport Elementary School
  • Eureka High School

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,946

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: T26N-R1W-S18 PT LOT 4 BLK 2 DARSTS 2ND ADDN
  • Lvt Date: 10/17/2022
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Basement: Crawl Space, Daylight, Partial, Block
  • Price Per Sq Ft: 55.79
  • Total Sq Ft: 1882

Exterior Features

  • Exterior: Vinyl Siding, Fiber
  • Road Access: Curbs & Gutters
  • Roofing: Shingles, Slate

Garage/Parking

  • Number Parking Spaces: 3

Utilities

  • Heating Cooling: Forced Air, Gas, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 576
  • Gas Expense: 1898
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Davenport
  • High School: Eureka

Lot Info

  • Estimated Lot Size: 92.5x115x42x44
  • Lot Description: Level
  • Subdivision: Darst
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Electric Only
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 2946.32
  • Parcel Id Number Tax Id: 14-18-105-006
  • Tax Year: 2021

Multi Family

  • Total Number Units: 3
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Eureka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Dec 26, 2022
Sold by
Edge View Properties Llc-Series Ii
Bought by
Fox Travis N
Seller's Agent
Liz Danner
RE/MAX Traders Unlimited
Buyer's Agent
Ken Baxter
RE/MAX Traders Unlimited
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Views
38
Current Estimated Value
$170,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,766
Avg. Annual Appreciation
17.47%
Original Mortgage
$84,000
Outstanding Balance
$81,082
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$89,684

Purchase Details

Closed on
Aug 25, 2021
Sold by
Central Illinois Rentals Llc
Bought by
Edge View Properties Llc-Series Ii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
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
Fox Travis N $105,000 Woodford County Title
Edge View Properties Llc-Series Ii -- Woodford County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Travis N $84,000
Previous Owner Edge View Properties Llc-Series Ii $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Sold $105,000 -4.5% $56 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $110,000 -- $58 / Sq Ft
Source: RMLS Alliance

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 $3,039 $43,785 $9,010 $34,775
2023 $2,684 $40,042 $8,240 $31,802
2022 $3,011 $37,304 $7,677 $29,627
2021 $2,946 $35,225 $7,249 $27,976
2020 $2,923 $35,221 $7,248 $27,973
2019 $2,866 $35,455 $7,296 $28,159
2018 $2,922 $35,445 $7,294 $28,151
2017 $2,917 $35,094 $7,222 $27,872
2016 $2,940 $35,094 $7,222 $27,872
2015 $2,296 $34,218 $7,042 $27,176
2014 $2,296 $33,334 $6,860 $26,474
2013 $2,296 $33,334 $6,860 $26,474
Source: Public Records

Agents Affiliated with this Home

  • Liz Danner

    Seller's Agent in 2022

    Liz Danner

    RE/MAX Traders Unlimited

    (309) 251-1388

    54 in this area

    156 Total Sales

    Liz Danner
    Section Image
  • Ken Baxter

    Buyer's Agent in 2022

    Ken Baxter

    RE/MAX Traders Unlimited

    (309) 264-2497

    17 in this area

    51 Total Sales

    Ken Baxter
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1238400

RMLS Alliance

APN: 14-18-105-006

Illinois Woodford County Eureka 61530

305 E Leo St, Eureka, IL

Not Listed for Sale

MultiFamily

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