NOT LISTED FOR SALE

314 N 10th St Belleville, IL 62220

Estimated Value: $75,000 - $113,000

-- Bed
-- Bath
2,277 Sq Ft
$41/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $45,000 $20 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $610/month

253 Days on Market

About This Home

As of January 2019

Great investment property! 3 units 1 two bedroom and 2 bedroom units. The 2 bedroom is currently vacant but rented for $650. The One bedroom units rent for $475. One is currently vacant. The building has not been over 50% vacant for longer than a year. Buyer to verify with city of Belleville. The owner pays lawn maintenance, sewer and trash. Updated electrical service. The building is sold in As Is condition the seller to make no repairs. There is no For Sale sign in the yard.

Last Agent to Sell the Property

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 05/09/2018

Last Buyer's Agent

Susie Johnson

Just Wright Realty License #475.122660

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,223

Year Built

  • 1916

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 50x109

Parking

  • Off-Street Parking

Home Design

  • 2,277 Sq Ft Home
  • Triplex
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,223

Year Built

1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 102
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Square Footage: 2277

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Off Street

Utilities

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

Schools

  • School District: Belleville DIST 118
  • Elementary School: BELLEVILLE DIST 118
  • Middle School: BELLEVILLE DIST 118
  • High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 50x109
  • Lot Sq Ft: 5489
  • Acres: 0.1260

Rental Info

  • Tenancy Type: 1 or More Vacant, Month To Month
  • Tenant Pays: Electric, Gas, Water

Multi Family

  • Gross Operating Income: 19200.00
  • Units: 3
  • Total Expenses: 4397.00
  • Type Of Units: 3-Family

Tax Info

  • Taxes Paid: 2380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Buyus Properties Llc
Bought by
Chief And His Wife Llc
Current Estimated Value
$94,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Outstanding Balance
$65,652
Interest Rate
4.75%
Mortgage Type
Commercial
Estimated Equity
$31,676

Purchase Details

Listed on
May 9, 2018
Closed on
Jan 18, 2019
Sold by
Mason Michael S and Mason Sarah J
Bought by
Buyus Properties Llc
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Susie Johnson
Just Wright Realty
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%

Purchase Details

Listed on
Sep 18, 2017
Closed on
Nov 30, 2017
Sold by
Walker Clyde O and Walker Verna N
Bought by
Mason Michael S and Mason Sarah J
Seller's Agent
Courtney Marsh
Red Door Realty Group Inc
Buyer's Agent
Courtney Marsh
Red Door Realty Group Inc
Sold Price
$465
Source: Public Records

Range of Values:

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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
Chief And His Wife Llc $294,500 Town & Country Title Co
Buyus Properties Llc $45,000 First American Title
Mason Michael S $20,000 Benchmark Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chief And His Wife Llc $240,800
Previous Owner Buyus Properties Llc $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $45,000 -18.0% $20 / Sq Ft
06/20/2018 06/20/18 Price Changed $54,900 -8.3% $24 / Sq Ft
05/09/2018 05/09/18 For Sale $59,900 0.0% $26 / Sq Ft
10/01/2017 10/01/17 Rented $465 0.0% --
09/18/2017 09/18/17 For Rent $465 -- --
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 $3,223 $34,338 $2,425 $31,913
2022 $2,959 $30,913 $2,183 $28,730
2021 $2,849 $28,578 $2,018 $26,560
2020 $2,770 $27,026 $1,909 $25,117
2019 $2,485 $23,988 $1,911 $22,077
2018 $2,430 $23,470 $1,870 $21,600
2017 $2,411 $23,305 $1,857 $21,448
2016 $2,381 $22,810 $1,818 $20,992
2014 $2,210 $23,903 $3,322 $20,581
2013 $2,187 $24,245 $3,370 $20,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS18036607

MARIS MLS

APN: 08-21.0-307-005