NOT LISTED FOR SALE

Estimated Value: $91,905

-- Bed
-- Bath
1,296 Sq Ft
$71/Sq Ft Est. Value

Last Sold January 29, 2018

Last sale price $40,000 $31 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $651/month

3 Days on Market

About This Home

As of January 2018

1,296 SF freestanding building. Prominent location on 16th Street across from Key Buick. Presently vacant residential home zoned commercial. Property is immediately available subject to closing. Suitable for office or retail sales.

Last Agent to Sell the Property

John Corelis

NAI Ruhl Commercial Company License #B03856000/475.061719 Listed on: 01/01/2018

NAI Ruhl Commercial Company

Last Buyer's Agent

Jerry Wolking

KW 1Advantage License #B44540000/475.144713

KW 1Advantage

Property Details

Property Type

  • Other

Year Built

  • Built in 1962

Lot Details

  • 10,019

Utilities

  • Forced Air Heating and Cooling System
  • Space Heater

Property Details

Property Type

Other

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Tile/Vinyl, Wood
  • Total Building Sq Ft: 1296

Exterior Features

  • Exterior Finish: Steel, Other Exterior Finish
  • Frontage Access: Paved 2Lane, Inside Lot
  • Insulation: Roof, Unknown
  • Roof Construction: Tar/Gravel, Tile
  • Wall Construction: Block

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Space Heater
  • Water Supply: Municipal/City

Lot Info

  • Zoning: Com
  • Geo Subdivision: IL
  • Property Use: Office Building

Rental Info

  • Owner Pays: N/A
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 2688.08
  • Parcel Id Number Tax Id: 08-9841
  • Tax Incentive: In City Limit, Other Tax Incentive
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2018
Sold by
Augsburger Randall and Augsburger Kenna
Bought by
Meersman Stephen
Current Estimated Value
$91,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Outstanding Balance
$49,379
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$42,526

Purchase Details

Listed on
Jan 1, 2018
Closed on
Jan 25, 2018
Sold by
First Midwest Bank Trust Division
Bought by
Augsburger Randall and Augsburger Kenna
Seller's Agent
John Corelis
NAI Ruhl Commercial Company
Buyer's Agent
Jerry Wolking
KW 1Advantage
List Price
$69,500
Sold Price
$40,000
Premium/Discount to List
-$29,500
-42.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
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
Meersman Stephen $70,000 Lakeshore Title
Augsburger Randall $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meersman Stephen $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2018 01/29/18 Sold $40,000 -42.4% $31 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $69,500 -- $54 / 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 $2,038 $23,364 $18,612 $4,752
2023 $2,038 $21,514 $17,138 $4,376
2022 $1,853 $20,647 $16,447 $4,200
2021 $1,847 $19,739 $15,724 $4,015
2020 $1,837 $19,409 $15,461 $3,948
2019 $1,821 $19,104 $15,218 $3,886
2018 $1,756 $18,626 $14,837 $3,789
2017 $1,727 $18,332 $14,603 $3,729
2016 $2,751 $29,034 $14,150 $14,884
2015 $2,688 $28,376 $13,829 $14,547
2014 $655 $28,659 $13,967 $14,692
2013 $655 $28,659 $13,967 $14,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7038202

RMLS Alliance

APN: 17-09-304-036