NOT LISTED FOR SALE

403 N Monroe St Morrisonville, IL 62546

Estimated Value: $151,683 - $174,000

5 Beds
3 Baths
2,153 Sq Ft
$77/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $110,500 $51 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,112/month

About This Home

As of November 2020

Excellent investment opportunity. Side by side units, one with 3 bedrooms, 2 full baths. The other is 2 bedrooms, 1 bath. Good condition. Anderson windows. Bringing in $1150 monthly income. Tile, laminate and carpet flooring. Open kitchen/living are in both. Larger unit has 2 car attached insulated garage 23' X 25'. Both yards fenced. Could live in the larger unit and still have rental income from 2 BDRM unit.

Last Agent to Sell the Property

Steve Craggs

Craggs REALTORS, Inc. License #471003692 Listed on: 06/18/2020

Last Buyer's Agent

Adam Jeffrey

Craggs REALTORS, Inc. License #475167076

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1970

Lot Details

  • 0.25

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Morrisonville District #11 High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,683

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story | Duplex/Side by Side
  • Legal Description: Beg W Line SE 1/4 N 111.83' & E321.5 Of SW COR SE 1/4
  • Lvt Date: 06/19/2020
  • Year Built: 1970
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 1
  • Basement: Crawl Space, Block
  • Price Per Sq Ft: 51.32
  • Total Sq Ft: 2153

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles
  • Exterior Amentities: Fenced

Garage/Parking

  • Garage Parking: Attached, On-Street Parking
  • Number Parking Spaces: 3

Utilities

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

Schools

  • High School: Morrisonville District #11
  • High School: Morrisonville District #11

Lot Info

  • Estimated Lot Size: 112 X 142
  • Lot Description: Level
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 13800

Tax Info

  • Annual Taxes: 2682.74
  • Parcel Id Number Tax Id: 13-22-06-401-003-01
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 13800
  • 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
Jun 18, 2020
Closed on
Oct 29, 2020
Sold by
Tolliver Larry E
Bought by
Sparks Clint S
Seller's Agent
Steve Craggs
Craggs REALTORS, Inc.
Buyer's Agent
Adam Jeffrey
Craggs REALTORS, Inc.
List Price
$117,500
Sold Price
$110,500
Premium/Discount to List
-$7,000
-5.96%
Current Estimated Value
$165,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,421
Avg. Annual Appreciation
8.58%
Original Mortgage
$108,498
Outstanding Balance
$96,548
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$69,373

Purchase Details

Closed on
Aug 25, 2008
Sold by
Gaddis Erin C and U S Bank Na
Bought by
Tolliver Larry
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
Sparks Clint S -- None Available
Sparks Clint S $110,500 None Available
Tolliver Larry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sparks Clint S $108,498
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $110,500 -6.0% $51 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $117,500 -- $55 / 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 $2,825 $41,000 $3,823 $37,177
2023 $2,364 $35,299 $3,200 $32,099
2022 $2,204 $32,099 $2,910 $29,189
2021 $2,155 $31,547 $2,860 $28,687
2020 $2,685 $31,547 $2,860 $28,687
2019 $2,683 $31,302 $3,266 $28,036
2018 $2,635 $30,249 $3,156 $27,093
2017 $2,624 $29,523 $3,080 $26,443
2016 $2,638 $29,523 $3,080 $26,443
2015 $2,593 $28,626 $2,802 $25,824
2014 $2,540 $28,023 $2,743 $25,280
2013 $2,495 $28,023 $2,743 $25,280
2011 $1,988 $28,250 $2,627 $25,623
Source: Public Records

Agents Affiliated with this Home

  • Steve Craggs

    Seller's Agent in 2020

    Steve Craggs

    Craggs REALTORS, Inc.

    (217) 823-9272

    206 Total Sales

    Steve Craggs
    Section Image
  • Adam Jeffrey

    Buyer's Agent in 2020

    Adam Jeffrey

    Craggs REALTORS, Inc.

    (217) 827-7102

    248 Total Sales

    Adam Jeffrey
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1000607

RMLS Alliance

APN: 13-22-06-401-003-01

Illinois Christian County Morrisonville 62546

403 N Monroe St, Morrisonville, IL

This home is located at 403 N Monroe St, Morrisonville, IL 62546 since 18 June 2020 and is currently estimated at $165,921, approximately $77 per square foot. This property was built in 1970. 403 N Monroe St is a home located in Christian County with nearby schools including Morrisonville Elementary School and Morrisonville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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