NOT LISTED FOR SALE

312 N 2nd St Belleville, IL 62220

Estimated Value: $40,000 - $142,000

Studio
-- Bath
1,326 Sq Ft
$75/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2022

Last sale price $34,000 $26 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $634 / mo

64 Days on Market

About This Home

As of June 2022

Investors dream! Duplex located within minutes of Downtown Belleville just waiting for you to finish and generate easy income. Long term tenant occupies 1 unit. Second unit is a 2 bedroom with 1 bathroom down to the studs offering a blank canvas full of opportunity! Call your agent today before it's gone!

Last Agent to Sell the Property

Brittney Litteken

Homes By Janell License #471.022564 Listed on: 04/26/2022

Co-Listed By

Brooke Mitchell

Keller Williams Pinnacle License #475184593

Last Buyer's Agent

Lindsay Forsythe

H3 Capital Real Estate, Llc License #475.199039

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 110 x 160

Parking

  • Off-Street Parking

Home Design

  • 1,326 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for no utilities
  • Section 8 Allowed
  • Assessor Parcel Number 08-21.0-418-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 75
  • Ownership: Private
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement
  • Square Footage: 1326

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: 1 Window/Wall
  • Heating: Baseboard

Schools

  • Elementary School: BELLEVILLE DIST 118
  • Junior High School: BELLEVILLE DIST 118
  • School District: Belleville DIST 118
  • Senior High School: Belleville High School-East

Lot Info

  • Lot Dimensions: 110 x 160
  • Lot Sq Ft: 7841
  • Acres: 0.1800

Rental Info

  • Tenancy Type: 1 or More Vacant, Section 8
  • Tenant Pays: No Utilities

Multi Family

  • Gross Operating Income: 6000.00
  • Units: 2
  • Total Expenses: 2258.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2924
  • Assessor Parcel Number: 08-21.0-418-008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 30, 2022
Sold by
Third Point Llc
Bought by
Forsythe Homes Llc
Seller's Agent
Brittney Litteken
Homes By Janell
Buyer's Agent
Lindsay Forsythe
H3 Capital Real Estate, Llc
List Price
$34,000
Sold Price
$34,000
Current Estimated Value
$98,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,815
Avg. Annual Appreciation
31.46%
Original Mortgage
$80,000
Outstanding Balance
$76,215
Interest Rate
5.25%
Mortgage Type
Commercial
Estimated Equity
$22,600

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 24, 2022
Sold by
Black Melissa A
Bought by
Black Gage M
Seller's Agent
Brittney Litteken
Homes By Janell
Buyer's Agent
Lindsay Forsythe
H3 Capital Real Estate, Llc
List Price
$34,000
Sold Price
$34,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$76,215
Interest Rate
5.25%
Mortgage Type
Commercial
Estimated Equity
$22,600

Purchase Details

Closed on
Feb 4, 2019
Sold by
Demeester Craig
Bought by
Third Point Llc

Purchase Details

Listed on
Aug 12, 2016
Closed on
Dec 6, 2016
Sold by
Providence Bank
Bought by
Demeester Craig
Seller's Agent
Bob Rohrkaste
Gori Realtors, LLC
Buyer's Agent
Nick Gibson
Concept Real Estate Co Inc
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.14%
Original Mortgage
$184,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2015
Sold by
Zieser John J
Bought by
Community First Bank

Purchase Details

Closed on
Jul 30, 2003
Sold by
Leonard Lavern B
Bought by
Zieser John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2003
Sold by
Smith Robert L
Bought by
Leonard Lavern B

Purchase Details

Closed on
Jan 14, 2003
Sold by
Smith Robert L and Higdon Emmett T
Bought by
Leonard Lavern B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Forsythe Homes Llc $34,000 Town & Country Title
Black Gage M -- None Available
Third Point Llc -- Accommodation
Demeester Craig $180,000 Community Title Shiloh Llc
Community First Bank -- Community Title Shiloh Llc
Zieser John J $185,000 Pti
Leonard Lavern B -- --
Leonard Lavern B $209,316 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Forsythe Homes Llc $80,000
Previous Owner Demeester Craig $184,000
Previous Owner Zieser John J $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $34,000 0.0% $26 / Sq Ft
04/26/2022 04/26/22 For Sale $34,000 -81.1% $26 / Sq Ft
12/06/2016 12/06/16 Sold $180,000 -7.7% $38 / Sq Ft View Prior Sale
10/24/2016 10/24/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $195,000 -- $41 / Sq Ft
Source: MARIS MLS

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 $3,413 $38,816 $4,425 $34,391
2023 $3,402 $36,248 $4,338 $31,910
2022 $3,123 $32,632 $3,905 $28,727
2021 $3,008 $30,167 $3,610 $26,557
2020 $2,924 $28,528 $3,414 $25,114
2019 $2,912 $28,110 $3,420 $24,690
2018 $2,848 $27,502 $3,346 $24,156
2017 $2,825 $27,309 $3,322 $23,987
2016 $2,790 $26,729 $3,251 $23,478
2014 $1,663 $35,965 $4,536 $31,429
2013 $3,291 $36,479 $4,601 $31,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22018428

MARIS MLS

APN: 08-21.0-418-008

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