NOT LISTED FOR SALE

407 E Cypress St Normal, IL 61761

Estimated Value: $214,000 - $272,456

4 Beds
4 Baths
-- Sq Ft
8,799 Sq Ft Lot

Last Sold November 21, 2023

Last sale price $225,000

Est. 12% increase in value since last sale

Current estimated payment $1,760/month

Highlights

  • Traditional Architecture
  • Heating System Uses Natural Gas
  • 3-minute walk to Fell Park

About This Home

As of November 2023

Pre-Sold

Last Agent to Sell the Property

Chrissy Hamilton

Keller Williams Revolution License #475162216 Listed on: 09/25/2023

Keller Williams Revolution

Last Buyer's Agent

Chrissy Hamilton

Keller Williams Revolution License #475162216 Listed on: 09/25/2023

Keller Williams Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,066

Year Built

  • Built in 1970

Lot Details

  • 8,799

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Glenn Elementary School
  • Kingsley Jr High Middle School
  • Normal Community West High Schoo

Additional Features

  • Lot Dimensions are 66 x 132
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,066

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional, Other
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 225000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 8
  • Number of Cars: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Other
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: Glenn Elementary
  • High School: Normal Community West High Schoo
  • Middle/Junior School: Kingsley Jr High
  • Middle/Junior School District: 5

Lot Info

  • Lot Dimensions: 66 X 132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 5066
  • Tax Year: 2022

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Nov 21, 2023
Sold by
Jackson Leann
Bought by
Ohm Enterprises Llc
Seller's Agent
Chrissy Hamilton
Keller Williams Revolution
Buyer's Agent
Chrissy Hamilton
Keller Williams Revolution
List Price
$225,000
Sold Price
$225,000
Views
2
Current Estimated Value
$252,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,364
Avg. Annual Appreciation
6.40%
Original Mortgage
$180,000
Outstanding Balance
$121,054
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$131,310

Purchase Details

Listed on
Dec 21, 2017
Closed on
Mar 6, 2018
Sold by
Delatorre Grisel
Bought by
Jackson Leann
Seller's Agent
Justin Wehlauch
RE/MAX Rising
Buyer's Agent
Caroline Bird
Coldwell Banker Real Estate Group
List Price
$175,000
Sold Price
$160,500
Premium/Discount to List
-$14,500
-8.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$136,425
Interest Rate
4.5%

Purchase Details

Closed on
Nov 16, 2005
Sold by
Abaca Federico M and Abaca Teresita M
Bought by
Delatorre Grisel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.04%
Mortgage Type
Stand Alone Second
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
Ohm Enterprises Llc $225,000 Alliance Land Title
Jackson Leann $160,500 Alliance Land Title
Delatorre Grisel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohm Enterprises Llc $180,000
Previous Owner Jackson Leann $136,425
Previous Owner Delatorre Grisel $32,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $225,000 0.0% --
09/25/2023 09/25/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $225,000 +40.2% --
03/06/2018 03/06/18 Sold $160,500 -8.3% --
02/01/2018 02/01/18 Pending -- -- --
12/21/2017 12/21/17 For Sale $175,000 -- --
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 $5,067 $69,727 $16,823 $52,904
2022 $5,067 $56,405 $13,609 $42,796
2021 $4,894 $53,217 $12,840 $40,377
2020 $4,867 $52,664 $12,707 $39,957
2019 $4,702 $52,381 $12,639 $39,742
2018 $4,650 $51,826 $12,505 $39,321
2017 $4,484 $51,826 $12,505 $39,321
2016 $4,436 $51,826 $12,505 $39,321
2015 $4,358 $51,111 $12,212 $38,899
2014 $4,304 $51,111 $12,212 $38,899
2013 -- $51,111 $12,212 $38,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11890922

Midwest Real Estate Data (MRED)

APN: 14-27-115-006