NOT LISTED FOR SALE

401 W Elm St Unit 2- 3 Bed Duplex with Carbondale, IL 62901

Estimated Value: $63,000 - $102,000

-- Bed
4 Baths
2,700 Sq Ft
$32/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $122,900 $46 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $551/month

72 Days on Market

Highlights

  • Corner Lot
  • 3 Car Detached Garage
  • High Speed Internet
  • Carbondale Community High School Rated A
  • Baseboard Heating

About This Home

As of July 2023

Great investment property consisting of 1 Duplex with 2 large apartments consisting of 3 bedrooms .- A apt has 2 baths , new laminate flooring , washer & Dryer, new windows and New HVAC 975.00 leased to July B has 1 bath, new vinyl flooring , window air, BB heat and freshly painted-needs new windows-rents for $795.00-leased to July 402 Ash St is a 2 bedroom cottage with 1 bath renting for $600.00. renter has been there for 2 years Very close to Campus and downtown. Tenants pay ALL utilities including lawn mowing No VA or FHA loans, must be conventional financing/ Owner giving $3,000.00 credit for new windows in apt B just passed city inspection.

Last Agent to Sell the Property

Lynda Martin

LYNDA MARTIN GROUP License #471002231 Listed on: 03/01/2023

Last Buyer's Agent

Lynda Martin

LYNDA MARTIN GROUP License #471002231 Listed on: 03/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x110
  • Corner Lot
  • Sloped Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Unfinished Basement

  • Walk-Out Basement

Parking

  • 3 Car Detached Garage
  • On-Street Parking

Schools

  • Carbondale Elementary School
  • Carbondale Middle School
  • Carbondale High School

Utilities

  • Wall Furnace
  • Window Unit Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Normal Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, trash collection, lawn care, water
  • Assessor Parcel Number 15-21-183-04

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,800

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1950
  • New Construction: No
  • Structure Type: One Story, Two or More Story, Duplex
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Unfinished, Walk Out
  • Interior Amenities: Cable Available, High Speed Internet

Exterior Features

  • Lot Features: Corner Lot, Sloped
  • Road Surface Type: Paved
  • Construction Type: Composition, Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Detached, On Street
  • Total Parking Spaces: 3

Utilities

  • Heating: Baseboard, Gas, Central Air, Wall Unit(s), Window Unit(s)
  • Laundry Features: Private
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 3
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 1
  • NumberOfGasMeters: 3
  • NumberOfElectricMeters: 3
  • NumberofWaterMeters: 3
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 1
  • NumberOfDryers: 1
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 2

Condo/Co-op/Association

  • LawnSnowRemoval: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Carbondale Elem
  • High School: Carbondale HS
  • Middle Or Junior School: Carbondale

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size: 60X110
  • Parcel #: 15-21-183-04

Rental Info

  • Tenant Pays: All Utilities, Trash Collection, Lawn Care, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2800
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28680
  • Annual Operating Expense: 2600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Mackert Jared
Bought by
Trekcam Rentals Llc
Current Estimated Value
$85,444

Purchase Details

Listed on
Mar 1, 2023
Closed on
Jul 14, 2023
Sold by
Big Muddy Rentals Llc
Bought by
Mackert Jared
Seller's Agent
Lynda Martin
LYNDA MARTIN GROUP
Buyer's Agent
Lynda Martin
LYNDA MARTIN GROUP
List Price
$142,900
Sold Price
$122,900
Premium/Discount to List
-$20,000
-14%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.31%
Original Mortgage
$98,320
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2019
Sold by
Martin Gary E
Bought by
Big Muddy Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Trekcam Rentals Llc -- None Listed On Document
Mackert Jared -- None Listed On Document
Big Muddy Rentals Llc $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mackert Jared $98,320
Previous Owner Big Muddy Rentals Llc $618,600
Previous Owner Big Muddy Rentals Llc $90,000
Previous Owner Martin Gary E $70,668
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $122,900 0.0% $46 / Sq Ft
03/23/2023 03/23/23 Price Changed $122,900 -14.0% $46 / Sq Ft
03/01/2023 03/01/23 For Sale $142,900 -- $53 / 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 $4,740 $41,593 $3,267 $38,326
2023 $2,255 $19,076 $2,959 $16,117
2022 $2,179 $17,611 $2,732 $14,879
2021 $2,148 $16,755 $2,599 $14,156
2020 $2,081 $17,052 $2,645 $14,407
2019 $1,997 $17,122 $2,656 $14,466
2018 $3,886 $35,810 $2,772 $33,038
2017 $3,912 $36,484 $2,772 $33,712
2016 $3,819 $36,484 $2,772 $33,712
2015 -- $26,213 $2,772 $23,441
2014 -- $26,213 $2,772 $23,441
2012 -- $26,748 $2,829 $23,919
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB447968

RMLS Alliance

APN: 15-21-183-004