NOT LISTED FOR SALE

Estimated Value: $73,813

8 Beds
4 Baths
-- Sq Ft
8,015 Sq Ft Lot

Last Sold October 23, 2020

Last sale price $55,000

Est. 34% increase in value since last sale

Current estimated payment $522/month

43 Days on Market

Highlights

  • Corner Lot
  • Balcony
  • Heating Available
  • Amboy Central Elementary School Rated A-
  • 2 Car Detached Garage

About This Home

As of October 2020

POSSIBLE OWNER FINANCING. 4 unit apartment building in Amboy offering large 2 bedroom units, corner lot, 2 car garage, full basement, and much more! This building needs a little work but has amazing income potential. Had been rented for $575 per unit in the past.

Last Listed By

Eric Bird

Bird Realty License #471002935 Listed on: 07/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,313

Year Built

  • Built in 1921

Lot Details

  • Lot Dimensions are 80x100
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Amboy Elementary School
  • Amboy Middle High School
  • Amboy High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Balcony
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,313

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove
  • AppliancesAndFeatures: Stove
  • Room: 4

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 64900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Elementary School: Amboy Elementary School
  • High School: Amboy High School
  • Middle/Junior School: Amboy Middle High School
  • Middle/Junior School District: 272

Lot Info

  • Lot Dimensions: 80X100
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 1312.9
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

MLS Schools

  • Othr Public Sch: SVCC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Oct 23, 2020
Sold by
Municipal Trust & Savings Bank
Bought by
Jackson Oak Group Llc
Seller's Agent
Eric Bird
Bird Realty
Buyer's Agent
Nelida Daily
iFind Properties LLC
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Total Days on Market
43
Current Estimated Value
$73,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,813
Avg. Annual Appreciation
6.69%
Original Mortgage
$43,000
Outstanding Balance
$38,761
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$35,052

Purchase Details

Closed on
Oct 4, 2019
Sold by
Lee County
Bought by
Municipal Trust & Savings Bank

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
Jackson Oak Group Llc -- None Available
Municipal Trust & Savings Bank -- None Available
Municipal Trust & Savings Bank 2406 -- None Available
Lee County -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Oak Group Llc $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $55,000 -15.3% --
08/20/2020 08/20/20 Pending -- -- --
08/04/2020 08/04/20 Price Changed $64,900 -7.2% --
07/08/2020 07/08/20 For Sale $69,900 -- --
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
2023 $1,360 $15,122 $3,533 $11,589
2022 $1,379 $14,826 $3,464 $11,362
2021 $1,319 $14,120 $3,299 $10,821
2020 $1,305 $13,709 $3,203 $10,506
2019 $1,313 $13,310 $3,110 $10,200
2018 $1,304 $13,049 $3,049 $10,000
2017 $2,692 $29,591 $2,960 $26,631
2016 $2,674 $29,591 $2,960 $26,631
2015 $2,658 $29,591 $2,960 $26,631
2014 $2,866 $29,591 $2,960 $26,631
2013 $244 $29,591 $2,956 $26,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10773757

Midwest Real Estate Data (MRED)

APN: 02-15-15-477-019