NOT LISTED FOR SALE

315 N Butler St Unit 317, 319, 321, 323 N Lincoln, IL 62656

Estimated Value: $153,000 - $245,000

8 Beds
-- Bath
4,320 Sq Ft
$48/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $140,000 $32 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,609/month

32 Days on Market

About This Home

As of June 2015

Fabulous opportunity -- investors, take note! Three separate duplexes all situated on one large 120X150 lot -- built and owned by the same owners since originally constructed in 1971! Each unit features a living room, large eat-in kitchen -- all range/ovens as well as refrigerators to remain upon settlement, two comfortable bedrooms, and a full bath. Front two duplexes feature sliding glass doors in kitchen areas -- rear duplex has a single door that leads to rear of unit. All units feature electric baseboard heat -- each room is independently controlled -- as well as window air conditioning units (all units are owned by current owners and will all remain for new owners). Storage shed on premises -- front off-street parking in addition to rear off-street parking for tenants. Generally fully occupied, this wonderful investment opportunity awaits new ownership! All tenants currently are under a year lease -- all units rent for $450.00/month with a $450.00 deposit. Tenants pay for all uti

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 02/05/2015

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 02/05/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.41

Home Design

  • Slab Foundation

Schools

  • Illini Central Elementary School
  • Lincoln High School

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story | Duplex/Side by Side
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Price Per Sq Ft: 32.41
  • Total Sq Ft: 4320

Exterior Features

  • Exterior: Brick, Wood Siding
  • Roofing: Shingles

Utilities

  • Heating Cooling: Baseboard, Electric, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: No Laundry Equipment

Schools

  • Elementary School: Illini Central
  • High School: Lincoln

Lot Info

  • Estimated Lot Size: 120X150
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 8477.92
  • Parcel Id Number Tax Id: 08-255-190-00
  • Tax Year: 2013

Multi Family

  • Total Number Units: 6

MLS Schools

  • Middle School: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
May 11, 2015
Sold by
Shaw Wayne
Bought by
Mcadams Debrah
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Current Estimated Value
$208,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,717
Avg. Annual Appreciation
3.88%
Original Mortgage
$112,000
Outstanding Balance
$87,271
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$121,446
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

Date Buyer Sale Price Title Company
Mcadams Debrah $70,000 --
Mcadams Deborah $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcadams Debrah $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2015 06/01/15 Sold $140,000 -12.4% $32 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $159,900 -- $37 / 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 $6,085 $66,370 $10,790 $55,580
2023 $5,811 $61,450 $9,990 $51,460
2022 $5,667 $57,430 $9,340 $48,090
2021 $5,459 $55,140 $8,970 $46,170
2020 $5,390 $54,330 $8,840 $45,490
2019 $5,276 $53,270 $8,670 $44,600
2018 $5,237 $52,230 $8,500 $43,730
2017 $5,206 $52,230 $8,500 $43,730
2016 $5,071 $52,180 $8,490 $43,690
2015 -- $84,910 $8,710 $76,200
2014 -- $84,910 $8,710 $76,200
2013 -- $80,600 $8,270 $72,330
2012 -- $82,050 $8,420 $73,630
Source: Public Records

Agents Affiliated with this Home

  • Seth Goodman

    Seller's Agent in 2015

    Seth Goodman

    ME Realty

    (217) 737-3742

    952 in this area

    1,879 Total Sales

    Seth Goodman
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Map

Source: RMLS Alliance

MLS Number: RMACA20150061

RMLS Alliance

APN: 08-255-190-00

Illinois Logan County Lincoln 62656

315 N Butler St Unit 317, 319, 321, 323 N, Lincoln, IL

Not Listed for Sale

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