NOT LISTED FOR SALE

3716 S Lafayette Ave Bartonville, IL 61607

Estimated Value: $149,988 - $205,000

4 Beds
4 Baths
2,064 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $142,500 $69 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,398/month

20 Days on Market

About This Home

As of May 2018

Great investment opportunity! Great location, each unit has 2 bedrooms, 2 full baths and full finished basement. Tenants pay all utilities.

Last Agent to Sell the Property

Tami Falk

RE/MAX Traders Unlimited License #475120603 Listed on: 02/13/2018

RE/MAX Traders Unlimited

Co-Listed By

Tom Beckman

RE/MAX Traders Unlimited License #475142856

Last Buyer's Agent

Ryan Deiss

Keller Williams Revolution Mac License #475145820

Keller Williams Revolution Mac

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1986

Lot Details

  • 8,712

Interior Spaces

  • 1-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Limestone Comm High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,236

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story
  • Legal Description: SE 1/4 SEC 26-8-7E
  • Lvt Date: 02/13/2018
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Finished, Full
  • Price Per Sq Ft: 69.04
  • Total Sq Ft: 2064

Exterior Features

  • Exterior: Wood Siding
  • Road Access: Paved, Shared Access

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Private, Units Hook-Ups

Schools

  • High School: Limestone Comm
  • High School: Limestone Comm

Lot Info

  • Estimated Lot Size: see plat
  • Estimated Number of Acres: 0.2
  • Lot Description: Level
  • Subdivision: Metes & Bounds
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 18000
  • Lease Information: Month-To-Month, Various Terms

Tax Info

  • Annual Taxes: 5236.4
  • Parcel Id Number Tax Id: 17-26-401-011
  • Tax Year: 2016

Multi Family

  • Total Number Units: 2
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Apr 30, 2018
Sold by
Lauterbach Stanley S and Lauterbach Genevieve
Bought by
Vance Shane D
Seller's Agent
Tami Falk
RE/MAX Traders Unlimited
Buyer's Agent
Ryan Deiss
Keller Williams Revolution Mac
List Price
$149,900
Sold Price
$142,500
Premium/Discount to List
-$7,400
-4.94%
Current Estimated Value
$176,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,497
Avg. Annual Appreciation
2.85%
Original Mortgage
$139,918
Outstanding Balance
$121,633
Interest Rate
4.45%
Mortgage Type
FHA
Estimated Equity
$53,696
Source: Public Records

Range of Values:

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Average Value
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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
Vance Shane D $142,500 First American Mtg Solutions
Vance Shane D $142,500 Cusack Gilfillan O Day Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vance Shane D $11,032
Open Vance Shane D $139,918
Closed Vance Shane D $139,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $142,500 -4.9% $69 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $149,900 -- $73 / 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
2024 $5,291 $54,100 $3,450 $50,650
2023 $4,991 $50,090 $3,190 $46,900
2022 $5,057 $50,020 $3,000 $47,020
2021 $4,888 $48,090 $2,880 $45,210
2020 $4,632 $47,140 $2,820 $44,320
2019 $4,618 $47,140 $2,820 $44,320
2018 $4,515 $47,140 $2,820 $44,320
2017 $5,243 $53,390 $2,850 $50,540
2016 $5,278 $53,930 $2,880 $51,050
2015 $5,011 $52,870 $2,820 $50,050
2014 $4,924 $51,980 $2,780 $49,200
2013 -- $51,980 $2,780 $49,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1191382

RMLS Alliance

APN: 17-26-401-011