NOT LISTED FOR SALE

342 S Garrard St Rantoul, IL 61866

Estimated Value: $106,000 - $145,000

4 Beds
4 Baths
-- Sq Ft
0.26 Acres

Last Sold March 31, 2020

Last sale price $102,500

Est. 26% increase in value since last sale

Current estimated payment $918/month

14 Days on Market

Highlights

  • Property is near park
  • Community Pool
  • Porch
  • Corner Lot
  • Tennis Courts
  • Forced Air Heating System

About This Home

As of March 2020

Looking for an Investment property look no further. This 3 unit apartment building has been completely remodeled from the inside out and is adorable! Everything has been done so all you have to do is buy it and start making money. The first floor unit has one bedroom. The second floor unit has 2 bedrooms & the 3 floor is a loft style apartment. Call today to make an appointment to view!

Last Agent to Sell the Property

Jeanette During

TOWN & COUNTRY REALTY,LLP License #471001832 Listed on: 02/04/2020

Last Buyer's Agent

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,492

Year Renovated

  • 2015

Lot Details

  • Lot Dimensions are 67.5x166.7
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Brick Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Rantoul City District Elementary And Middle School
  • Rantoul High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near park

Community Details

Overview

  • 3 Units

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,492

Year Renovated

2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Legal Description: BLK 2 LOT 8 FD SCOTT'S 2ND ADD
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Brick/Mortar
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Rantoul City District
  • High School: Rantoul High School
  • Middle/Junior School: Rantoul City District

Lot Info

  • Lot Dimensions: 67.5X166.7
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 2492
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 31, 2020
Sold by
Peavler Rodney L
Bought by
Thorstenson Management Llc
Seller's Agent
Jeanette During
TOWN & COUNTRY REALTY,LLP
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$115,000
Sold Price
$102,500
Premium/Discount to List
-$12,500
-10.87%
Current Estimated Value
$129,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,865
Avg. Annual Appreciation
4.08%
Original Mortgage
$82,000
Outstanding Balance
$72,642
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$56,723

Purchase Details

Closed on
Mar 17, 2010
Sold by
Rewerts Barbara J
Bought by
Rewerts Barbara J and Barbara J Rewerts Declaration Of Trust
Source: Public Records
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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
Thorstenson Management Llc $102,500 Attorney
Rewerts Barbara J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorstenson Management Llc $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $102,500 -10.9% --
02/18/2020 02/18/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $115,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $2,943 $32,760 $5,160 $27,600
2023 $2,943 $29,220 $4,600 $24,620
2022 $2,754 $26,090 $4,110 $21,980
2021 $2,639 $24,360 $3,840 $20,520
2020 $2,445 $23,540 $3,710 $19,830
2019 $2,344 $22,610 $3,560 $19,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10627301

Midwest Real Estate Data (MRED)

APN: 20-09-03-277-019