NOT LISTED FOR SALE

414 Currant Dr Unit 416 Metamora, IL 61548

Estimated Value: $170,000 - $226,000

4 Beds
2 Baths
1,356 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $159,000 $117 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,497/month

25 Days on Market

About This Home

As of December 2020

If you are looking for a great investment property located right in Germantown/Metamora, then this is for you. This duplex offers a combined $1,700 monthly rental income. Each unit is a 2 bed, 1 bath unit, each with a 1 car attached garage. Excellent cashflow opportunity and a convenient location to Peoria and East Peoria. Come take a look today!

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate License #471018071 Listed on: 09/17/2020

Last Buyer's Agent

Liz Danner

RE/MAX WRC Downtown License #475156957

RE/MAX WRC Downtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,446

Year Built

  • Built in 1977

Lot Details

  • 0.48

Home Design

  • Duplex

Schools

  • Metamora High School

Utilities

  • Septic System

Listing and Financial Details

  • Tenant pays for electric only, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,446

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: T27N - R3W - S32 LOT 9 ORCHARD KNOLLS
  • Lvt Date: 09/25/2020
  • Year Built: 1977
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Slab
  • Price Per Sq Ft: 117.26
  • Total Sq Ft: 1356

Exterior Features

  • Exterior: Brick Partial, Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Radiant, Central Air, Water Heater - Electric
  • Water Sewer: Public Water, Septic System
  • Garbage Collection Exp: 414
  • Laundry Facilities: Units Hook-Ups

Schools

  • High School: Metamora
  • High School: Metamora

Lot Info

  • Estimated Lot Size: 50X190X53X120X194
  • Estimated Number of Acres: 0.48
  • Lot Description: Level
  • Subdivision: Orchard Knolls
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Electric Only, Water
  • Gross Annual Rent Income: 20400
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 4446
  • Parcel Id Number Tax Id: 08-32-201-011
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 20400
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Dec 22, 2020
Sold by
E & T Properties Llc
Bought by
Hostetler Nelson and Hostetler Jill
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Liz Danner
RE/MAX WRC Downtown
List Price
$165,000
Sold Price
$159,000
Premium/Discount to List
-$6,000
-3.64%
Current Estimated Value
$202,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,028
Avg. Annual Appreciation
5.18%
Original Mortgage
$135,150
Outstanding Balance
$121,285
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$78,496

Purchase Details

Listed on
Sep 17, 2020
Closed on
Dec 21, 2020
Sold by
E & T Properties Llc
Bought by
Hostetler Nelson and Hostetler Jill
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Liz Danner
RE/MAX WRC Downtown
List Price
$165,000
Sold Price
$159,000
Premium/Discount to List
-$6,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,150
Outstanding Balance
$121,285
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$78,496
Source: Public Records

Range of Values:

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Average Value
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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
Hostetler Nelson $159,000 Cusack Gilfillan Oday Llc
Hostetler Nelson $159,000 Cusack Gilfillan Oday Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hostetler Nelson $135,150
Closed Hostetler Nelson $135,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $159,000 -3.6% $117 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $165,000 -- $122 / Sq Ft
Source: RMLS Alliance

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 $4,450 $65,883 $15,052 $50,831
2023 $4,195 $60,705 $13,869 $46,836
2022 $4,040 $56,386 $12,882 $43,504
2021 $4,400 $53,391 $12,198 $41,193
2020 $4,468 $54,338 $12,185 $42,153
2019 $4,446 $56,019 $12,562 $43,457
2018 $4,535 $55,791 $12,511 $43,280
2017 $4,528 $55,791 $12,511 $43,280
2016 $4,579 $55,791 $12,511 $43,280
2015 $4,038 $54,377 $12,194 $42,183
2014 $4,038 $52,758 $11,831 $40,927
2013 $4,038 $51,728 $11,600 $40,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1218974

RMLS Alliance

APN: 08-32-201-011