NOT LISTED FOR SALE

404 S 1st St Belleville, IL 62220

Estimated Value: $80,000 - $165,272

-- Bed
-- Bath
2,592 Sq Ft
$43/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $75,000 $29 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $825/month

46 Days on Market

About This Home

As of July 2022

Tremendous investment opportunity in the downtown Belleville area! This duplex needs some work. When you are finished you will have two 4 bedroom units with great rental potential. Each unit has 1 bedroom on the main floor and 3 bedrooms up. Selling as-is seller will do no inspections or repairs.

Last Agent to Sell the Property

Barbara Markham

RE/MAX Preferred License #471006095 Listed on: 06/05/2022

RE/MAX Preferred

Last Buyer's Agent

Saundra Patterson

Just Wright Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 2004

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 132

Parking

  • Off-Street Parking

Home Design

  • 2,592 Sq Ft Home
  • Duplex
  • Vinyl Siding

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-West

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 08-28.0-215-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,967

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: West Garfield
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 18
  • Ownership: Private
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: No Basement/Slab
  • Square Footage: 2592

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating: Baseboard

Schools

  • Elementary School: BELLEVILLE DIST 118
  • Junior High School: BELLEVILLE DIST 118
  • School District: Belleville DIST 118
  • Senior High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 50 x 132
  • Lot Sq Ft: 6534
  • Acres: 0.1500

Rental Info

  • Tenancy Type: 1 or More Vacant
  • Tenant Pays: All Utilities

Multi Family

  • Units: 1
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2497
  • Assessor Parcel Number: 08-28.0-215-003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2022
Closed on
Jul 22, 2022
Sold by
Wasko-Alexander Lora
Bought by
St & J Properties Llc
Seller's Agent
Barbara Markham
RE/MAX Preferred
Buyer's Agent
Saundra Patterson
Just Wright Realty
List Price
$65,000
Sold Price
$75,000
Premium/Discount to List
$10,000
15.38%
Current Estimated Value
$110,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,318
Avg. Annual Appreciation
12.53%
Original Mortgage
$196,966
Outstanding Balance
$187,616
Interest Rate
5.23%
Mortgage Type
Commercial
Estimated Equity
-$77,298

Purchase Details

Closed on
Jul 3, 2019
Sold by
Alexander Lora W
Bought by
Wasko Alexander James L and Wasko Alexander Lora

Purchase Details

Closed on
Nov 1, 2012
Sold by
Alexander James and Alexander Lora W
Bought by
Alexander Lora Wasko

Purchase Details

Closed on
Oct 29, 2002
Sold by
Simmons Bonnie J
Bought by
Wasko Alexander Lora
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
St & J Properties Llc $75,000 Town & Country Title
St & J Properties Llc -- Town & Country Title
Wasko Alexander James L -- Attorney
Alexander Lora Wasko -- None Available
Wasko Alexander Lora $4,500 First Am Title Midwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St & J Properties Llc $196,966
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $75,000 +15.4% $29 / Sq Ft
06/05/2022 06/05/22 For Sale $65,000 -- $25 / 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
2024 $2,967 $33,738 $3,757 $29,981
2023 $2,825 $30,094 $3,683 $26,411
2022 $2,593 $27,093 $3,316 $23,777
2021 $2,497 $25,047 $3,066 $21,981
2020 $2,427 $23,686 $2,899 $20,787
2019 $1,998 $19,281 $2,904 $16,377
2018 $1,953 $18,864 $2,841 $16,023
2017 $1,938 $18,731 $2,821 $15,910
2016 $1,913 $27,413 $2,761 $24,652
2014 $2,522 $27,277 $6,880 $20,397
2013 $4,164 $46,158 $6,978 $39,180
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Barbara Markham

    RE/MAX Preferred

    Section Image

  • S

    Buyer's Agent in 2022

    Saundra Patterson

    Just Wright Realty

    (618) 337-5878

    4 in this area

    4 Total Sales

    Saundra Patterson
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS22030403

MARIS MLS

APN: 08-28.0-215-003

Illinois St. Clair County Belleville 62220

404 S 1st St, Belleville, IL

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