NOT LISTED FOR SALE

Estimated Value: $136,000 - $154,933

4 Beds
3 Baths
1,792 Sq Ft
$82/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $115,000 $64 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,069/month

75 Days on Market

About This Home

As of August 2022

Geneseo investment opportunity! Great investment. All units are currently rented Roof 2016, furnace apartment 1.. 2006.. furnace apartment 4 (2 bedroom) 2020 , 3 water heaters 2011, refrigerator apartment 4 2020, also kitchen flooring in upstairs apartment. There are 3 total units 1,2 and 4. This is the way they are addressed. Agent is related to owner.

Last Listed By

Zina Akre

Mel Foster Co. Geneseo License #475.123690/B63953000 Listed on: 04/11/2022

Mel Foster Co. Geneseo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 1920

Lot Details

  • 9,148

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Geneseo High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,768

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Triplex
  • Legal Description: N68 LT 10 Sub of E. PT BLK S. Aldrichs Add City of Geneseo
  • Lvt Date: 04/12/2022
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number Dryers: 1
  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Number Washers: 1
  • Basement: Full, Block
  • Price Per Sq Ft: 64.17
  • Total Sq Ft: 1792

Exterior Features

  • Exterior: Stucco
  • Road Access: Alley, Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking, Alley
  • Number Parking Spaces: 3

Utilities

  • Heating Cooling: Forced Air, Gas, No Cooling
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 1200

Schools

  • High School: Geneseo High School
  • High School: Geneseo High School

Lot Info

  • Estimated Lot Size: 68x135
  • Lot Description: Corner, Level
  • Subdivision: Aldrich
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 19800
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 2768.12
  • Parcel Id Number Tax Id: 0816382001
  • Tax Year: 2021

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 19800
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Aug 1, 2022
Sold by
Jayson Schmelzer
Bought by
Campbell Travis D and Campbell Stacy R
Seller's Agent
Zina Akre
Mel Foster Co. Geneseo
Buyer's Agent
Jean Frohling
Mel Foster Co. Geneseo
List Price
$139,975
Sold Price
$115,000
Premium/Discount to List
-$24,975
-17.84%
Total Days on Market
75
Current Estimated Value
$147,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,483
Avg. Annual Appreciation
11.06%
Original Mortgage
$103,500
Outstanding Balance
$100,059
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$53,549

Purchase Details

Listed on
Feb 18, 2020
Closed on
Jul 21, 2020
Sold by
Johnson Elizabeth W and Johnson Clarence A
Bought by
Boyce Russell
Seller's Agent
Kathryn Hanford
Mel Foster Co. Geneseo
Buyer's Agent
Zina Akre
Mel Foster Co. Geneseo
List Price
$129,900
Sold Price
$108,500
Premium/Discount to List
-$21,400
-16.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$97,650
Interest Rate
4.12%
Mortgage Type
New Conventional

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
Campbell Travis D $115,000 None Listed On Document
Boyce Russell $108,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Travis D $103,500
Previous Owner Boyce Russell $97,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $115,000 -8.0% $64 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $124,975 -3.8% $70 / Sq Ft
05/23/2022 05/23/22 Price Changed $129,975 -3.7% $73 / Sq Ft
05/03/2022 05/03/22 Price Changed $134,975 -3.6% $75 / Sq Ft
04/11/2022 04/11/22 For Sale $139,975 +29.0% $78 / Sq Ft
08/07/2020 08/07/20 Sold $108,500 -9.5% $61 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $119,900 -7.7% $67 / Sq Ft
02/18/2020 02/18/20 For Sale $129,900 -- $72 / 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
2023 $2,968 $37,413 $5,533 $31,880
2022 $2,826 $34,770 $5,142 $29,628
2021 $2,768 $33,889 $5,012 $28,877
2020 $2,755 $34,203 $5,058 $29,145
2019 $3,073 $38,947 $5,002 $33,945
2018 $2,916 $36,812 $4,728 $32,084
2017 $2,742 $35,879 $4,608 $31,271
2016 $2,861 $34,970 $4,491 $30,479
2015 $2,637 $34,900 $4,482 $30,418
2013 $2,637 $34,246 $4,398 $29,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4231948

RMLS Alliance

APN: 08-16-382-001