NOT LISTED FOR SALE

402 E Washington St O Fallon, IL 62269

Estimated Value: $75,000 - $226,000

4 Beds
2 Baths
1,974 Sq Ft
$92/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $45,000 $23 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $1,257/month

174 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Entrance Foyer
  • Kampmeyer Elementary School Rated A-
  • Historic or Period Millwork
  • Bungalow

About This Home

As of June 2020

INVESTOR'S DREAM on a CORNER LOT in Downtown O'FALLON! This 4 bedroom, 2 bathroom home has so much potential! Tons of character & history including beautiful staircase & crown moldings. Separate 2-car garage features a convenient walkway to the rear entrance. Great opportunity as a fix and flip, a rental investment, or make it your own and quickly build sweat equity! Home sold as-is.

Last Agent to Sell the Property

The Red Team at RE/MAX Results

Nettwork Global License #471.019501 Listed on: 12/13/2019

Nettwork Global

Last Buyer's Agent

The Red Team at RE/MAX Results

Nettwork Global License #471.019501 Listed on: 12/13/2019

Nettwork Global

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,152

Year Built

  • Built in 1905

Lot Details

  • 7,231 Sq Ft Lot
  • Historic Home

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,974 Sq Ft Home
  • 1.5-Story Property
  • Historic or Period Millwork
  • Ceiling height between 8 to 10 feet
  • Entrance Foyer
  • Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Ofallon Dist 90 Elementary And Middle School
  • Ofallon High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Senior Freeze Tax Exemptions
  • Assessor Parcel Number 04-29.0-124-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,152

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1.5 Story
  • Style Description: Bungalow / Cottage
  • Municipality Township: O'Fallon
  • Special Areas: Entry Foyer, Family Room
  • Special Description: Senior Freeze, Owner Occupied
  • Age: 115
  • Ownership: Private
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete Block
  • Interior Amenities: 9' Ceilings, Historic/Period Mlwk
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 4
  • Main Full Bathrooms: 2
  • Total Living Area: 1974.00
  • Bathrooms: 2.00
  • Bedrooms: 4.00
  • Room Cnt: 10
  • Square Footage: 1974
  • Total Full Baths: 2

Exterior Features

  • Architecture: Historic
  • Construction: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking: Detached

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 3 Plus Window/Wall
  • Heating: Forced Air

Schools

  • School District: O Fallon DIST 90
  • Elementary School: OFALLON DIST 90
  • Middle School: OFALLON DIST 90
  • High School: OFallon
  • Elementary School: OFALLON DIST 90
  • Junior High School: OFALLON DIST 90
  • School District: O Fallon DIST 90
  • Senior High School: OFallon

Lot Info

  • Lot Dimensions: 140x50 plat to govern
  • Lot Number: LOT/SEC-138 A02270635
  • Lot Sq Ft: 7231
  • Acres: 0.1660

Tax Info

  • Taxes Paid: 486
  • Taxes Paid Year: 2018
  • Assessor Parcel Number: 04-29.0-124-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2022
Sold by
Venable Joshua and Lee Nicholl
Bought by
Venable Joshua
Current Estimated Value
$182,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$166,283
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$17,287

Purchase Details

Listed on
Dec 13, 2019
Closed on
Jun 5, 2020
Sold by
Chen Jie Bin
Bought by
Venable Joshua and Lee Nicholl
Seller's Agent
The Red Team at RE/MAX Results
Nettwork Global
Buyer's Agent
The Red Team at RE/MAX Results
Nettwork Global
List Price
$54,900
Sold Price
$45,000
Premium/Discount to List
-$9,900
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.91%

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 19, 2019
Sold by
Khomes Llc
Bought by
Chen Jie Bin
Seller's Agent
Lisa Diserens
Re/Max Signature Properties
Buyer's Agent
The Red Team at RE/MAX Results
Nettwork Global
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.88%

Purchase Details

Listed on
Oct 7, 2019
Closed on
Sep 26, 2019
Sold by
Devries Leellyn and Beedle Wesley C
Bought by
Khomes Llc
Seller's Agent
Lisa Diserens
Re/Max Signature Properties
Buyer's Agent
The Red Team at RE/MAX Results
Nettwork Global
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%

Purchase Details

Closed on
Jun 20, 2011
Sold by
Devries Leellyn
Bought by
Beedle Wesley C

Purchase Details

Closed on
Jan 25, 2011
Sold by
Beedle Barry B
Bought by
Beedle Wesley C and Devries Leelyn

Purchase Details

Closed on
Sep 29, 2009
Sold by
Fleming Timothy P
Bought by
Beedle Wesley C and Devries Leelyn
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
Venable Joshua -- Benedick Title
Venable Joshua $45,000 Town & Country Title Co
Chen Jie Bin $40,000 Attorney
Khomes Llc $30,000 None Available
Beedle Wesley C -- None Available
Beedle Wesley C -- None Available
Beedle Wesley C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venable Joshua $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $45,000 -13.5% $23 / Sq Ft
01/31/2020 01/31/20 Price Changed $52,000 -5.3% $26 / Sq Ft
12/13/2019 12/13/19 For Sale $54,900 +37.3% $28 / Sq Ft
11/19/2019 11/19/19 Sold $40,000 -25.8% $20 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/21/2019 10/21/19 Price Changed $53,900 -10.0% $27 / Sq Ft
10/07/2019 10/07/19 For Sale $59,900 -- $30 / Sq Ft
Source: MARIS MLS

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
2023 $3,152 $41,608 $3,895 $37,713
2022 $2,981 $38,253 $3,581 $34,672
2021 $2,907 $36,612 $3,593 $33,019
2020 $2,887 $34,656 $3,401 $31,255
2019 $484 $34,656 $3,401 $31,255
2018 $486 $33,650 $3,302 $30,348
2017 $500 $21,811 $3,442 $18,369
2016 $503 $21,302 $3,362 $17,940
2014 $482 $21,056 $3,323 $17,733
2013 $529 $21,348 $3,272 $18,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS19088900

MARIS MLS

APN: 04-29.0-124-011