NOT LISTED FOR SALE

405 N 40th St Belleville, IL 62226

Estimated Value: $101,000 - $123,000

2 Beds
1 Bath
768 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $89,900 $117 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $781/month

68 Days on Market

Highlights

  • Property is near public transit
  • Stainless Steel Appliances
  • Oversized Parking
  • Ranch Style House
  • 1 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of December 2021

Another Beautifully rehabbed home by the Belleville Community Development Corp. This home has been remodeled from top to bottom. New roof, windows plumbing and electric new paint and flooring, new kitchen cabinets & counters, new appliances. Very nice one car oversized detached garage with room for work area and storage. Enjoy the good sized fenced in backyard. The BCDC is a non-profit organization that improves neighborhoods & sells their projects to those who meet special income guidelines. Have your agent see attached income guidelines & application to apply for purchase of this immaculate property.

Last Agent to Sell the Property

Connie Stelling

Coldwell Banker Brown Realtors License #475135585 Listed on: 08/26/2021

Coldwell Banker Brown Realtors

Last Buyer's Agent

Christine Daniels

Re/Max Signature Properties License #475123458

Re/Max Signature Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 1950

Lot Details

  • 6,974 Sq Ft Lot
  • Lot Dimensions are 47 x 149 x 46 x 149
  • Fenced

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Workshop in Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 768 Sq Ft Home
  • Ceiling Fan
  • Six Panel Doors
  • Living Room
  • Utility Room
  • Laundry on main level
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 08-17.0-105-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,214

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Cross Street: N Belt West
  • Special Areas: Living Room, Main Floor Laundry, Utility Room
  • Special Description: Owner Occupied
  • Age: 71
  • Ownership: Private
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Slab
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Misc Features: Near Public Trans, Patio, Smoke Alarm/Detec
  • Total Living Area: 768.00
  • Windows/Doors: 6 Panel Door(s)
  • Appliances: Microwave, Range/Oven-Electric, Refrigerator, Stainless Steel Appliances
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Room Cnt: 5
  • Square Footage: 768
  • Total Full Baths: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking: Detached, Oversize, Workshop/Storage Area

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Ceiling Fan, Central-Electric
  • Heating: Forced Air

Schools

  • School District: Belleville DIST 118
  • Elementary School: BELLEVILLE DIST 118
  • Middle School: BELLEVILLE DIST 118
  • High School: Belleville High School-West
  • 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 Description: Fencing
  • Lot Dimensions: 47 x 149 x 46 x 149
  • Lot Sq Ft: 6974
  • Acres: 0.1601

Tax Info

  • Taxes Paid: 1155
  • Taxes Paid Year: 2020
  • Assessor Parcel Number: 08-17.0-105-026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Dec 15, 2021
Sold by
Belllle Community Development Corp
Bought by
Bryant Jonathan P
Seller's Agent
Connie Stelling
Coldwell Banker Brown Realtors
Buyer's Agent
Christine Daniels
Re/Max Signature Properties
List Price
$99,900
Sold Price
$89,900
Premium/Discount to List
-$10,000
-10.01%
Current Estimated Value
$112,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,537
Avg. Annual Appreciation
6.00%
Original Mortgage
$88,271
Outstanding Balance
$81,337
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$31,100

Purchase Details

Listed on
Mar 2, 2021
Closed on
May 18, 2021
Sold by
Regions Bank
Bought by
Belleville Community Development Corp
Seller's Agent
Donald Breeze
EXIT REALTY NEW BEGINNINGZ M
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$42,000
Sold Price
$55,000
Premium/Discount to List
$13,000
30.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.80%

Purchase Details

Closed on
Dec 22, 2020
Sold by
Mosby Willie
Bought by
Regions Bank and Regions Mortgage

Purchase Details

Listed on
Mar 24, 2018
Closed on
Jul 24, 2018
Sold by
Jcs Acquisitions Llc
Bought by
Mosby Willie and Vance Brittany
Seller's Agent
Brian Stanley
eXp Realty
Buyer's Agent
Tammy Hines
Tammy Mitchell Hines & Co.
List Price
$52,900
Sold Price
$48,000
Premium/Discount to List
-$4,900
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$43,758
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2018
Sold by
Federal National Mortgage Association
Bought by
Jcs Acquisitions Llc and Homefront Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Rauckman J Bryan and Rauckman Lori Ann
Bought by
Schield Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 24, 2003
Sold by
Rauckman John C and Rauckman Pamela S
Bought by
Rauckman Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
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
Bryant Jonathan P $90,000 Community Title Shiloh Llc
Belleville Community Development Corp $55,000 Community Title Shiloh Llc
Regions Bank -- None Available
Mosby Willie $48,000 Madco Title
Jcs Acquisitions Llc $18,000 Madco Title
Schield Julie M $64,000 Fatic
Rauckman Bryan $50,000 Town & Country Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryant Jonathan P $88,271
Previous Owner Mosby Willie $43,758
Previous Owner Jcs Acquisitions Llc $4,000
Previous Owner Schield Julie M $64,000
Previous Owner Rauckman Bryan $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $89,900 0.0% $117 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $89,900 -10.0% $117 / Sq Ft
08/26/2021 08/26/21 For Sale $99,900 +81.6% $130 / Sq Ft
05/21/2021 05/21/21 Sold $55,000 +31.0% $72 / Sq Ft View Prior Sale
03/19/2021 03/19/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $42,000 -12.5% $55 / Sq Ft
08/09/2018 08/09/18 Sold $48,000 -9.3% $63 / Sq Ft View Prior Sale
06/04/2018 06/04/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $52,900 -- $69 / 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 $2,214 $25,173 $4,227 $20,946
2023 $2,316 $24,674 $4,143 $20,531
2022 $2,126 $22,213 $3,730 $18,483
2021 $1,812 $18,173 $3,448 $14,725
2020 $1,154 $17,186 $3,261 $13,925
2019 $1,284 $18,394 $3,266 $15,128
2018 $1,863 $17,996 $3,195 $14,801
2017 $1,849 $17,869 $3,172 $14,697
2016 $1,825 $17,490 $3,105 $14,385
2014 $1,743 $18,845 $5,416 $13,429
2013 $1,724 $19,114 $5,493 $13,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21061195

MARIS MLS

APN: 08-17.0-105-026