NOT LISTED FOR SALE

322 E 1st North St Carlinville, IL 62626

Estimated Value: $109,000 - $163,000

-- Bed
-- Bath
-- Sq Ft
0.31 Acres

Last Sold September 15, 2016

Last sale price $51,000

Est. 151% increase in value since last sale

Current estimated payment $896/month

126 Days on Market

About This Home

As of September 2016

Conveniently located in Carlinville, this income producing property has three apartments within walking distance to many downtown businesses and the Historic Macoupin County Courthouse. Apartments #1 and #3 are 1 bedroom, 1 bath, while Apartment #2 provides 2 bedrooms, 1 bath. A Multi-Family listing that includes a stove, refrigerator, window A/C unit and separate electric meter for each apartment. This property offers potential, residual income for someone looking to add real estate to their portfolio.

Last Agent to Sell the Property

Roger Suhling

Tarrant and Harman Real Estate and Auction Co License #475089905 Listed on: 05/09/2016

Tarrant and Harman Real Estate and Auction Co

Last Buyer's Agent

Steve Mcgartland

Tarrant and Harman Real Estate and Auction Co License #475.167378

Tarrant and Harman Real Estate and Auction Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,552

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 82' x 165'

Parking

  • Off-Street Parking

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for sewer, trash removal, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,552

Lot Details

0

Listing Details

  • Special Description: No Exemptions
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Features: Frame

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Individual Units
  • Heating: Forced Air
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric

Schools

  • School District: CARLINVILLE DIST 1
  • Elementary School: CARLINVILLE DIST 1
  • Middle School: CARLINVILLE DIST 1
  • High School: Carlinville Community High Sch

Lot Info

  • Lot Dimensions: 82' x 165'
  • Lot Sq Ft: 13504

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: Sewer, Trash Removal, Water

Multi Family

  • Gross Operating Income: 15000.00
  • Units: 3
  • Total Expenses: 4200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Sep 16, 2016
Sold by
Glabe Gary and Glabe Leanne
Bought by
Anderson Todd C and Anderson Diane M
Seller's Agent
Roger Suhling
Tarrant and Harman Real Estate and Auction Co
Buyer's Agent
Steve Mcgartland
Tarrant and Harman Real Estate and Auction Co
List Price
$54,900
Sold Price
$51,000
Premium/Discount to List
-$3,900
-7.1%
Current Estimated Value
$128,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,215
Avg. Annual Appreciation
11.50%
Original Mortgage
$40,800
Outstanding Balance
$33,823
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$102,041

Purchase Details

Closed on
Jan 6, 2004
Bought by
Glabe Gary and Glabe Leanne
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
Anderson Todd C $51,000 Lange Title
Glabe Gary $46,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Todd C $40,800
Previous Owner Glabe Gary $39,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $51,000 -7.1% --
05/09/2016 05/09/16 For Sale $54,900 -- --
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
2024 $2,552 $34,029 $7,147 $26,882
2023 $2,490 $31,509 $6,618 $24,891
2022 $2,471 $29,448 $6,185 $23,263
2021 $2,248 $27,521 $5,780 $21,741
2020 $2,153 $26,463 $5,558 $20,905
2019 $2,082 $25,311 $5,316 $19,995
2018 $2,046 $24,431 $5,131 $19,300
2017 $1,957 $24,431 $5,131 $19,300
2016 $2,011 $24,431 $5,131 $19,300
2015 $1,907 $24,431 $5,131 $19,300
2014 $1,890 $24,431 $5,131 $19,300
2013 $1,857 $24,930 $5,236 $19,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16031750

MARIS MLS

APN: 12-001-762-00