NOT LISTED FOR SALE

405 NW Washington St Hopedale, IL 61747

Estimated Value: $163,000 - $232,000

10 Beds
5 Baths
-- Sq Ft
0.31 Acres

Last Sold October 10, 2019

Last sale price $140,000

Est. 37% increase in value since last sale

Current estimated payment $1,434/month

124 Days on Market

About This Home

As of October 2019

INCREDIBLE INVESTMENT!! This 5 unit multifamily parcel includes two duplexes and one single family home, all units are fully occupied and it brings in an EXTREMELY IMPRESSIVE $2,325 per Month for only $159,900!!

Last Agent to Sell the Property

Jared Litwiller

Freedom Realty License #475155972 Listed on: 04/16/2019

Last Buyer's Agent

Jared Litwiller

Freedom Realty License #475155972 Listed on: 04/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,684

Year Built

  • 1997

Lot Details

  • 0.31

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for varies by tenant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,684

Year Built

1997

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Zoning Type: COMMR
  • Estimated Age: 16-25 Years
  • Net Oper Income: 22902
  • Total Annual Exp: 4998
  • Total Annual Income: 27900
  • Total Monthly Income: 2325
  • Number Of Stories: 2
  • Estimated Year Built: 1997
  • Type Multi Family: Four Plus One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1997

Exterior Features

  • Acreage: 0.31

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Central Heat/Indiv Controls

Condo/Co-op/Association

  • Units in Building: 5

Lot Info

  • Lot Dimensions: 100X134
  • Parcel Identification Number: 1826102007
  • BNAR Zoning: R3A

Rental Info

  • Gross Rental Income: 27900
  • Tenant Pays: Varies by Tenant

Tax Info

  • Taxes: 4998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Oct 8, 2019
Sold by
Whistle Kenneth and Whistle Kimberly
Bought by
Lemons Jordan M
Seller's Agent
Jared Litwiller
Freedom Realty
Buyer's Agent
Jared Litwiller
Freedom Realty
List Price
$179,900
Sold Price
$140,000
Premium/Discount to List
-$39,900
-22.18%
Current Estimated Value
$191,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,562
Avg. Annual Appreciation
4.46%
Original Mortgage
$112,000
Outstanding Balance
$101,678
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$79,266

Purchase Details

Listed on
Sep 16, 2015
Closed on
Oct 28, 2015
Sold by
Majors Richard C and Majors Sharon K
Bought by
Whistle Kenneth and Whistle Kimberly
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
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
Lemons Jordan M $140,000 None Available
Whistle Kenneth $125,000 Peoria Tittle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemons Jordan M $112,000
Previous Owner Whistle Kenneth $160,600
Previous Owner Majors Richard $756,337
Previous Owner Majors Richard C $297,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2019 10/10/19 Sold $140,000 -12.4% --
08/18/2019 08/18/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $159,900 -3.0% --
05/28/2019 05/28/19 Price Changed $164,900 -5.7% --
05/01/2019 05/01/19 Price Changed $174,900 -2.8% --
04/16/2019 04/16/19 For Sale $179,900 +43.9% --
10/30/2015 10/30/15 Sold $125,000 -10.7% --
10/08/2015 10/08/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $139,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,684 $60,490 $6,960 $53,530
2023 $4,684 $54,950 $6,320 $48,630
2022 $4,298 $49,930 $5,740 $44,190
2021 $4,123 $48,010 $5,520 $42,490
2020 $3,703 $43,310 $5,310 $38,000
2019 $3,667 $43,310 $5,310 $38,000
2018 $3,675 $43,310 $5,310 $38,000
2017 $4,998 $59,340 $5,310 $54,030
2016 $4,902 $59,340 $5,310 $54,030
2015 $4,536 $0 $0 $0
2013 $4,494 $59,340 $5,310 $54,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10345447

Midwest Real Estate Data (MRED)

APN: 18-18-26-102-007