NOT LISTED FOR SALE

310 W Madison St Millstadt, IL 62260

Estimated Value: $160,093 - $233,000

-- Bed
-- Bath
1,650 Sq Ft
$120/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $175,000 $106 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,276/month

4 Days on Market

Highlights

  • Brick Veneer
  • High Speed Internet
  • 4-minute walk to Elm Street Park
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

This one-owner duplex is very well maintained. 310 is currently rented and 312 is vacant. They have not rented 312 since COVID started. This is why the expenses and net income are not filled in. Because of the one side being vacant so long it would not show the true figures if 312 was rented. 312 has been freshly painted and has a new water heater. The refrigerator and stove are approximately 6 years old in 312. The stove and refrigerator in 310 are approximately 2 years old. There is a laundry closet in the kitchen. A shared patio in the back, a nice front porch and a utility shed in the back. Located close to downtown. 2nd parcel 12-09.0-412-002.

Last Agent to Sell the Property

Rozanne Hunter

RE/MAX Alliance License #475130488 Listed on: 09/04/2022

Last Buyer's Agent

Rozanne Hunter

RE/MAX Alliance License #475130488 Listed on: 09/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 1989

Lot Details

  • 2,997 Sq Ft Lot
  • Lot Dimensions are 75x118

Parking

  • On-Street Parking

Home Design

  • 1,650 Sq Ft Home
  • Duplex
  • Brick Veneer
  • Vinyl Siding

Laundry

  • Laundry in unit

Schools

  • Millstadt Dist 160 Elementary And Middle School
  • Belleville High School-West

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 12-09.0-412-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,412

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 33
  • Ownership: Private
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: High Spd Connection, Laundry Facl-Private, No Basement/Slab
  • Square Footage: 1650

Exterior Features

  • Construction: Brick Veneer Decrtv, Vinyl Siding

Garage/Parking

  • Parking: On Street Parking

Utilities

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

Schools

  • School District: Millstadt DIST 160
  • Elementary School: MILLSTADT DIST 160
  • Middle School: MILLSTADT DIST 160
  • High School: Belleville High School-West
  • Elementary School: MILLSTADT DIST 160
  • Junior High School: MILLSTADT DIST 160
  • School District: Millstadt DIST 160
  • Senior High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 75x118
  • Lot Sq Ft: 2997
  • Acres: 0.0688

Rental Info

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

Multi Family

  • Gross Operating Income: 5175.00
  • Units: 2
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 3007
  • Assessor Parcel Number: 12-09.0-412-003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2022
Closed on
Oct 21, 2022
Sold by
Mehrmann Randall and Mehrmann Renee
Bought by
Steele Shaun and Steele Jessica
Seller's Agent
Rozanne Hunter
RE/MAX Alliance
Buyer's Agent
Rozanne Hunter
RE/MAX Alliance
List Price
$170,000
Sold Price
$175,000
Premium/Discount to List
$5,000
2.94%
Total Days on Market
4
Views
29
Current Estimated Value
$187,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,048
Avg. Annual Appreciation
7.06%
Original Mortgage
$175,000
Outstanding Balance
$169,470
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$42,665

Purchase Details

Closed on
Nov 9, 2012
Sold by
Mehrmann Randall
Bought by
Merhmann Randall and Mehrmann Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.38%
Mortgage Type
New Conventional
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
Steele Shaun $175,000 None Available
Merhmann Randall -- Netco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Shaun $175,000
Previous Owner Merhmann Randall $85,000
Previous Owner Mehrmann Randall $55,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $175,000 +2.9% $106 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
09/04/2022 09/04/22 For Sale $170,000 -- $103 / 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
2023 $3,412 $44,884 $3,817 $41,067
2022 $3,249 $40,889 $3,477 $37,412
2021 $3,130 $37,808 $3,215 $34,593
2020 $3,007 $34,575 $2,816 $31,759
2019 $2,913 $34,575 $2,816 $31,759
2018 $2,809 $33,328 $2,714 $30,614
2017 $2,904 $32,877 $2,678 $30,199
2016 $2,987 $34,305 $1,638 $32,667
2014 $2,572 $32,957 $1,574 $31,383
2013 $3,590 $31,424 $1,501 $29,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22057685

MARIS MLS

APN: 12-09.0-412-003