NOT LISTED FOR SALE

3203 Mayfield Ave Alton, IL 62002

Estimated Value: $131,000 - $189,720

Studio
3 Baths
2,472 Sq Ft
$67/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $140,000 $57 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,143/month

49 Days on Market

About This Home

As of October 2021

Attention Investors! Are you looking for a well maintained property that you can buy that cash flows and doesn't need repairs? Very nice brick multifamily property with 3 apartments. One apartment has 1 bedroom and two apartments have 2 bedrooms. All are rented. One has a lease until May 2022, the other two apartments are month to month. Or live in one apartment and rent out the other two.

Last Agent to Sell the Property

Margo Barnett

Almost Home Realty License #471004377 Listed on: 08/08/2021

Last Buyer's Agent

Casey Bennington

Market Pro Realty, Inc License #475.166364

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 105x60

Parking

  • Off-Street Parking

Home Design

  • Triplex

Interior Spaces

  • 2,472 Sq Ft Home
  • Storage Room
  • Basement

Schools

  • Alton Dist 11 Elementary And Middle School
  • Alton High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas, sewer
  • Assessor Parcel Number 23-2-08-07-16-404-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,316 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Willard
  • Municipality Township: Alton
  • Special Description: No Exemptions
  • Age: 73
  • Ownership: Private
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Storage Room Avail
  • Square Footage: 2472

Garage/Parking

  • Parking: Off Street

Utilities

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

Schools

  • Elementary School: ALTON DIST 11
  • Junior High School: ALTON DIST 11
  • School District: Alton DIST 11
  • Senior High School: Alton

Lot Info

  • Lot Dimensions: 105X60
  • Lot Number: Schmidt Place Lot 1
  • Lot Sq Ft: 6316
  • Acres: 0.1450

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: Electric, Gas, Sewer

Multi Family

  • Gross Operating Income: 18840.00
  • Total Expenses: 4625.08
  • Type Of Units: 3-Family

Tax Info

  • Taxes Paid: 2617
  • Assessor Parcel Number: 23-2-08-07-16-404-018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2021
Closed on
Oct 1, 2021
Sold by
Cathorall Michael L and Cathorall Joann R
Bought by
Berkley Michael
Seller's Agent
Margo Barnett
Almost Home Realty
Buyer's Agent
Casey Bennington
Market Pro Realty, Inc
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$165,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,555
Avg. Annual Appreciation
3.88%
Original Mortgage
$105,000
Outstanding Balance
$96,689
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$69,491
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Berkley Michael $140,000 Community Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berkley Michael $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $140,000 -6.7% $57 / Sq Ft
08/08/2021 08/08/21 For Sale $150,000 -- $61 / 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 $3,100 $38,130 $4,790 $33,340
2023 $3,100 $34,440 $4,330 $30,110
2022 $2,913 $31,130 $3,910 $27,220
2021 $2,680 $29,250 $3,670 $25,580
2020 $2,618 $28,210 $3,540 $24,670
2019 $2,707 $27,570 $3,460 $24,110
2018 $2,635 $26,850 $3,370 $23,480
2017 $2,598 $26,850 $3,370 $23,480
2016 $2,546 $26,850 $3,370 $23,480
2015 $2,420 $26,850 $3,370 $23,480
2014 $2,420 $26,850 $3,370 $23,480
2013 $2,420 $27,580 $3,460 $24,120
Source: Public Records

Agents Affiliated with this Home

  • Margo Barnett

    Seller's Agent in 2021

    Margo Barnett

    Almost Home Realty

    (618) 920-7756

    4 in this area

    22 Total Sales

    Margo Barnett
    Section Image

  • C

    Buyer's Agent in 2021

    Casey Bennington

    Market Pro Realty, Inc

    (618) 670-1399

    22 in this area

    44 Total Sales

    Casey Bennington
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS21051395

MARIS MLS

APN: 23-2-08-07-16-404-018

Illinois Madison County Alton 62002

3203 Mayfield Ave, Alton, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MARIS MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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