NOT LISTED FOR SALE

329 S 9th St Quincy, IL 62301

Estimated Value: $62,000 - $91,000

Studio
-- Bath
1,596 Sq Ft
$46/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $72,000 $45 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $489/month

9 Days on Market

About This Home

As of August 2024

Seize the opportunity to invest in this historic sturdy brick multifamily property, featuring two fully occupied units that include steady rental income from day one. Updates have been done in both the upper and lower apartments. Roof new in 2006. Gas and electric utilities are separated for each tenant.

Last Agent to Sell the Property

John Mast

Davis & Associates, REALTORS Brokerage Phone: 217-224-8100 License #471019946 Listed on: 07/14/2024

Last Buyer's Agent

Greg Zanger

Zanger & Associates, Inc. License #471002272

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,107

Lot Details

  • Lot Dimensions are 32x82
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • 1,596 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof

Schools

  • Quincy Jr High Middle School
  • Quincy School District #172 High School

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Community Sewer or Septic

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for gas & electric
  • Assessor Parcel Number 231081800000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,107

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • New Construction: No
  • Structure Type: Two or More Story
  • Attribution Contact: Phone: 217-224-8100
  • Special Features: None

Interior Features

  • Basement: Unfinished

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Gas, Central Air
  • Water Source: Community Sewer System, Community Water
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 20

Schools

  • High School: Quincy School District #172
  • Middle Or Junior School: Quincy JR High

Lot Info

  • Lot Size: 32x82
  • Parcel #: 231081800000

Rental Info

  • Tenant Pays: Gas & Electric
  • Lease Term: Variable

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1107
  • TaxExemptions: None

Multi Family

  • Resident Manager Expense: 864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2024
Closed on
Aug 30, 2024
Sold by
Dick Brothers Inc
Bought by
Jansen Darin M and Jansen Melissa D
Seller's Agent
John Mast
Davis & Associates, REALTORS
Buyer's Agent
Greg Zanger
Zanger & Associates, Inc.
List Price
$78,000
Sold Price
$72,000
Premium/Discount to List
-$6,000
-7.69%
Views
6
Current Estimated Value
$73,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,062
Avg. Annual Appreciation
0.94%
Original Mortgage
$57,600
Outstanding Balance
$56,990
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$16,072

Purchase Details

Listed on
Apr 14, 2018
Closed on
May 21, 2018
Sold by
Payan Drew A
Bought by
Dick Brothers Inc
Seller's Agent
William Arp
Mays LLC, REALTORS
Buyer's Agent
Jeremy Farlow
Farlow Real Estate Experts, Inc.
List Price
$42,000
Sold Price
$42,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$33,600
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Jansen Darin M $72,000 None Listed On Document
Dick Brothers Inc $42,000 Little David C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jansen Darin M $57,600
Previous Owner Dick Brothers Inc $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $72,000 -7.7% $45 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/14/2024 07/14/24 For Sale $78,000 +85.7% $49 / Sq Ft
06/05/2018 06/05/18 Sold $42,000 0.0% -- View Prior Sale
05/06/2018 05/06/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $42,000 -- --
Source: RMLS Alliance

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 $1,176 $18,040 $1,610 $16,430
2023 $1,107 $16,730 $1,490 $15,240
2022 $1,047 $15,620 $1,390 $14,230
2021 $1,054 $15,300 $1,360 $13,940
2020 $1,034 $15,000 $1,330 $13,670
2019 $956 $13,980 $2,540 $11,440
2018 $1,475 $21,310 $2,490 $18,820
2017 $1,438 $21,100 $2,470 $18,630
2016 $1,411 $20,240 $2,370 $17,870
2015 $1,354,840 $20,240 $2,370 $17,870
2012 $1,356 $19,560 $2,290 $17,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1030465

RMLS Alliance

APN: 23-1-0818-000-00

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