NOT LISTED FOR SALE

406 Wood River Ave East Alton, IL 62024

Estimated Value: $66,000 - $120,000

-- Bed
2 Baths
1,761 Sq Ft
$49/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $32,000 $18 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $651/month

31 Days on Market

Highlights

  • Bonus Room
  • Fenced
  • Mini Split Air Conditioners
  • Forced Air Heating System

About This Home

As of January 2022

Rehab ready with so much potential! Great square footage and convenient floorplan.
Live in one side and rent out the other. Convenient to schools, shopping and busses.
2 BR/1 BA each unit with additional room and sunporch. Fully fenced yard with sheds. All appliances at the property stay (washer/dryer condition unknown). One unit has central heating/cooling. the other has wall AC.
Property is being sold AS-IS. Seller will not make any repairs nor provide for inspections.
Buyer to verify all MLS information including but not limited to square feet, measurements, lot size, features, exemptions/taxes, schools, etc.

Last Agent to Sell the Property

Shannon Stockton

Dream Home Realty Centre, Wr License #475135056 Listed on: 12/13/2021

Last Buyer's Agent

Rachel Fuller

Tarrant and Harman Real Estate and Auction Co License #475.192064

Tarrant and Harman Real Estate and Auction Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 1942

Lot Details

  • 5,009 Sq Ft Lot
  • Fenced

Parking

  • Carport

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,761 Sq Ft Home
  • Bonus Room
  • Laundry in unit

Schools

  • East Alton Dist 13 Elementary And Middle School
  • East Alton/Wood River High School

Utilities

  • Mini Split Air Conditioners
  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 19-2-08-16-20-404-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,195

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: 3rd
  • Municipality Township: Wood River
  • Special Description: Disabled Persons, Homestead Senior, Owner Occupied
  • Age: 80
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Bonus Room, Fencing, Laundry Facility in, Laundry Facl-Private
  • Square Footage: 1761

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: 1-2 Car Carport

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall, Central-Gas, Individual Units
  • Heating: Forced Air

Schools

  • School District: East Alton DIST 13
  • Elementary School: EAST ALTON DIST 13
  • Middle School: EAST ALTON DIST 13
  • High School: East Alton/Wood River
  • Elementary School: EAST ALTON DIST 13
  • Junior High School: EAST ALTON DIST 13
  • School District: East Alton DIST 13
  • Senior High School: East Alton/Wood River

Lot Info

  • Lot Dimensions: 90 X 55.8 X IRR
  • Lot Sq Ft: 5009
  • Acres: 0.1150

Rental Info

  • Tenancy Type: None, Owner Occupied
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 4800.00
  • Units: 1
  • Total Expenses: 368.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 368
  • Assessor Parcel Number: 19-2-08-16-20-404-006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Fuller Homes Llc
Bought by
Rrp Iii Llc
Current Estimated Value
$86,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,871
Outstanding Balance
$123,347
Interest Rate
7%
Mortgage Type
Commercial
Estimated Equity
-$30,359

Purchase Details

Listed on
Dec 13, 2021
Closed on
Jan 14, 2022
Sold by
Sparks Thomas A
Bought by
Fuller Homes Llc
Seller's Agent
Shannon Stockton
Dream Home Realty Centre, Wr
Buyer's Agent
Rachel Fuller
Tarrant and Harman Real Estate and Auction Co
List Price
$35,000
Sold Price
$32,000
Premium/Discount to List
-$3,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.49%
Original Mortgage
$93,500
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 4, 2016
Sold by
Shaw Sandra L
Bought by
Sparks Thomas A
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
Rrp Iii Llc $250,000 Heartland Title & Escrow
Fuller Homes Llc $32,000 Prairie State Title & Escrow
Sparks Thomas A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuller Homes Llc $129,871
Previous Owner Rrp Iii Llc $214,455
Previous Owner Fuller Homes Llc $93,500
Previous Owner Sparks Thomas $25,126
Previous Owner Sparks James H $33,392
Previous Owner Sparks James H $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $32,000 -8.6% $18 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
12/13/2021 12/13/21 For Sale $35,000 -- $20 / 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 $2,195 $21,530 $4,080 $17,450
2023 $2,195 $20,070 $3,800 $16,270
2022 $2,085 $18,530 $3,510 $15,020
2021 $502 $17,270 $3,270 $14,000
2020 $386 $16,630 $3,150 $13,480
2019 $98 $16,140 $3,060 $13,080
2018 $79 $15,340 $2,910 $12,430
2017 $1,073 $14,970 $2,840 $12,130
2016 $951 $14,150 $2,840 $11,310
2015 $205 $14,000 $2,810 $11,190
2014 $205 $14,000 $2,810 $11,190
2013 $205 $14,200 $2,850 $11,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21087280

MARIS MLS

APN: 19-2-08-16-20-404-006