NOT LISTED FOR SALE

409 W Morris St Thomasboro, IL 61878

Estimated Value: $90,000 - $109,000

4 Beds
2 Baths
1,248 Sq Ft
$81/Sq Ft Est. Value

Sale Details

Date Sold: November 5, 2020

Last sale price $52,000 $42 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $651 / mo

74 Days on Market

About This Home

As of November 2020

Calling all investors! CASH FLOW ALERT! Here is the opportunity you have been waiting for! 409 W Morris Street in Thomasboro is a manufactured duplex, featuring two, 2 bedroom, 1 bathroom units, each with their own stacked washer/dryer. Unit B is ready for occupancy and is already remodeled, featuring updated mechanicals, plumbing and a tankless hot water heater. Unit A has had much of the interior demolition completed and is ready for you to finish remodeling. All of the materials that are on site, as well as all appliances in both units convey with the property. New steel roof in 2012! Current market rental rates are $600-$650 per side. Live in one side while you finish the other! Sold in AS-IS condition. Hurry, this one will not last long-call for your private showing today!

Last Agent to Sell the Property

Joe Zalabak

KELLER WILLIAMS-TREC License #475151471 Listed on: 08/06/2020

KELLER WILLIAMS-TREC

Last Buyer's Agent

Joe Zalabak

KELLER WILLIAMS-TREC License #475151471 Listed on: 08/06/2020

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 96x115

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Thomasboro Elementary School
  • Thomasboro Junior High School
  • Rantoul High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private or Community Septic Tank

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,195

Year Built

Built in 1973

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 52 SCHULTER'S 4TH SUB
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Range Hood

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Other

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Septic-Private
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Elementary School: Thomasboro Elementary School
  • High School: Rantoul High School
  • Middle/Junior School: Thomasboro Junior High School

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 96X115
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 1195.06
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Matias Fermin Felix Antonio
Bought by
Fermin Felix Antonio Mati and Fermin Rosa Maria
Current Estimated Value
$100,780

Purchase Details

Listed on
Aug 6, 2020
Closed on
Nov 3, 2020
Sold by
Henry Eric
Bought by
Matias Felix
Seller's Agent
Joe Zalabak
KELLER WILLIAMS-TREC
Buyer's Agent
Joe Zalabak
KELLER WILLIAMS-TREC
List Price
$60,000
Sold Price
$52,000
Premium/Discount to List
-$8,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%
Original Mortgage
$15,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Henry Eric

Purchase Details

Closed on
Mar 10, 2008
Sold by
Hall Ben H
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Fermin Felix Antonio Mati -- None Listed On Document
Matias Felix $52,000 Act
Henry Eric -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matias Felix $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $52,000 -3.7% $42 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/16/2020 09/16/20 Price Changed $54,000 -10.0% $43 / Sq Ft
08/06/2020 08/06/20 For Sale $60,000 -- $48 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,401 $20,150 $5,040 $15,110
2023 $1,401 $17,980 $4,500 $13,480
2022 $1,314 $16,060 $4,020 $12,040
2021 $1,247 $14,990 $3,750 $11,240
2020 $1,238 $14,480 $3,620 $10,860
2019 $1,200 $13,910 $3,480 $10,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10809323

Midwest Real Estate Data (MRED)

APN: 20-09-28-305-012

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