NOT LISTED FOR SALE

402 E Jefferson St Sullivan, IL 61951

Sullivan Area
1 Bed
1 Bath
3,640 Sq Ft
10,500 Sq Ft Lot

Sale Details

Date Sold: March 31, 2015

Last sale price $142,131 $39 Per Sq Ft

61 Days on Market

About This Home

As of March 2015

This ranch style apartment building is currently half leased. Wash/dryer on site. Income and expenses are monthly. #406 and #408 have w/d hook ups. Bedroom, bathroom, and rent fields show minimums.

Last Agent to Sell the Property

Jim Cleveland

RE/MAX Executives Plus License #471008537 Listed on: 12/04/2014

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,163

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 150x70

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,640 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Sullivan Elementary And Middle School
  • Sullivan High School

Utilities

  • No Cooling
  • Wall Furnace
  • Gas Water Heater

Community Details

  • 6 Units
  • Operating Expense $489

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 08-08-01-307-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,163

Lot Details

10,500 Sq Ft Lot

Listing Details

  • Directions: Rt 121 to Sullivan. South on Calhoun. West on E Jefferson St.
  • Lot Size Acres: 0.24
  • Lot Size: 150x70
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Road Surface Type: Gravel
  • Building Stories: 1
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Owner Pays: Trash Collection
  • Stories: 1

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Other, Shingle
  • Waterfront: No
  • Foundation Details: Crawlspace

Utilities

  • Cooling: None
  • Heating: Wall Furnace
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Sullivan
  • High School: Sullivan
  • Middle Or Junior School: Sullivan
  • Junior High Dist: Sullivan Dist. 300

Lot Info

  • Lot Size Sq Ft: 10500.0
  • Parcel #: 08-08-01-307-003
  • Zoning: Other

Multi Family

  • Number Of Units Total: 6
  • Annual Operating Expense: 489.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3163.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$142,759
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Allied Capital Title
$320,000 Allied Capital Title
$481,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $256,000
Closed $256,000
Previous Owner $425,000
Previous Owner $128,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2015 03/31/15 Sold $142,131 -5.2% $39 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $149,897 -- $41 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,122 $53,471 $8,122 $45,349
2024 $4,632 $50,053 $7,603 $42,450
2023 $4,335 $46,993 $7,138 $39,855
2022 $3,819 $41,473 $7,590 $33,883
2021 $3,719 $39,430 $7,216 $32,214
2020 $3,581 $37,862 $6,929 $30,933
2019 $3,539 $37,862 $6,929 $30,933
2018 $3,160 $33,704 $3,576 $30,128
2017 $3,177 $33,573 $3,562 $30,011
2016 $3,330 $33,647 $3,570 $30,077
2015 $3,276 $32,990 $3,500 $29,490
2014 -- $32,990 $3,500 $29,490
2013 -- $32,990 $3,500 $29,490
Source: Public Records

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6136140

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