NOT LISTED FOR SALE

312 W 3rd Ave Monmouth, IL 61462

Estimated Value: $52,207 - $71,000

4 Beds
2 Baths
2,475 Sq Ft
$25/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $37,500 $15 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $478/month

513 Days on Market

About This Home

As of June 2021

LARGE 2 STORY DUPLEX WITH 2 2 CAR GARAGES (24 X 34 & 20 X 20). GFA FURNACE DOWNSTAIRS AND ELECTRIC BASEBOARD HEAT IN UPSTAIRS UNIT.

Last Agent to Sell the Property

Bryan Scott

Western Illinois Realty LLC License #475105095 Listed on: 01/07/2020

Last Buyer's Agent

Bryan Scott

Western Illinois Realty LLC License #475105095 Listed on: 01/07/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,970

Interior Spaces

  • 2-Story Property
  • Block Basement Construction

Schools

  • Monmouth-Roseville High School

Listing and Financial Details

  • Tenant pays for garbage collection, gas & electric

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: LOT 5 SUBDIV LOT 1,2 & 3 BLOCK 1 WOOD & CARR ADDN
  • Lvt Date: 01/08/2020
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Block, Stone
  • Price Per Sq Ft: 15.15
  • Total Sq Ft: 2475

Exterior Features

  • Road Access: Alley, Curbs & Gutters, Shared Access
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Alley, Detached, Oversized
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: 2+ Heating Systems, Baseboard, Electric, Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: No Laundry Equipment
  • Water Sewer Expenses: 1200

Schools

  • High School: Monmouth-Roseville
  • High School: Monmouth-Roseville

Lot Info

  • Estimated Lot Size: 42 X 166
  • Lot Description: Level
  • Zoning: R2
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: Garbage Collection, Gas & Electric
  • Gross Annual Rent Income: 10200

Tax Info

  • Annual Taxes: 2483
  • Parcel Id Number Tax Id: 0922000500
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 10200
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Jun 19, 2021
Sold by
Corral Cutberta C
Bought by
Mbs Properties Llc
Seller's Agent
Bryan Scott
Western Illinois Realty LLC
Buyer's Agent
Bryan Scott
Western Illinois Realty LLC
List Price
$60,000
Sold Price
$37,500
Premium/Discount to List
-$22,500
-37.5%
Total Days on Market
513
Current Estimated Value
$60,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,302
Avg. Annual Appreciation
12.91%
Source: Public Records

Similar Home in Monmouth, IL

  • 214 N 1st St, Monmouth, IL 61462

    $59,500

    • 3 Beds
    • 3 Baths
    • 2,432 Sq Ft
    • 214 N 1st St
    • Monmouth, IL

    THIS MULTI FAMILY PROPERTY HAS 2 @ ONE BEDROOM/KITCHENETTE/BATH/LIVINGROOM AND 1 STUDIO WITH KITCHENETTE. THERE IS SOME OFF STREET PARKING. LANDLORD PAYS FOR THE HEAT [GAS FORCED FURNACE] AND TENANTS PAY FOR WATER AND ELECTRIC.

    Janet Cook Maple City Realty, LP

    Section Image

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
Mbs Properties Llc $37,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $37,500 -16.7% $15 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $45,000 -10.0% $18 / Sq Ft
02/09/2021 02/09/21 Price Changed $50,000 -9.1% $20 / Sq Ft
09/18/2020 09/18/20 Price Changed $55,000 -8.3% $22 / Sq Ft
08/11/2020 08/11/20 For Sale $60,000 +60.0% $24 / Sq Ft
08/08/2020 08/08/20 Off Market $37,500 -- --
04/14/2020 04/14/20 Price Changed $60,000 -7.7% $24 / Sq Ft
01/07/2020 01/07/20 For Sale $65,000 -- $26 / 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
2023 $1,648 $16,110 $1,980 $14,130
2022 $1,577 $15,380 $1,890 $13,490
2021 $2,698 $25,240 $1,770 $23,470
2020 $2,602 $25,240 $1,770 $23,470
2019 $2,508 $24,580 $1,720 $22,860
2018 $2,484 $24,310 $1,700 $22,610
2017 $2,434 $24,190 $1,690 $22,500
2016 $2,335 $24,200 $1,690 $22,510
2015 -- $23,630 $1,650 $21,980
2014 -- $23,060 $1,610 $21,450
2013 -- $22,040 $1,540 $20,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA997327

RMLS Alliance

APN: 09-220-005-00