NOT LISTED FOR SALE

418 N Main St Normal, IL 61761

Estimated Value: $218,793 - $250,000

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold September 28, 2020

Last sale price $170,000

Est. 40% increase in value since last sale

Current estimated payment $1,688/month

46 Days on Market

About This Home

As of September 2020

Investment opportunity new ISU campus. Why pay rent the next 4 years when you can own this solid well maintained home. Zoned multi-family this all brick property offers 2- 2 bedroom Units, large backyard space and garage. Common area has laundry. Convenient location to U-high, RedBird Arena and ISU Campus. Converted residence into 2 units.

Last Agent to Sell the Property

Allison Smith

RE/MAX Rising License #475132496 Listed on: 06/27/2020

RE/MAX Rising

Last Buyer's Agent

Bruce Dillman

Keller Williams Revolution License #475143052

Keller Williams Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,694

Year Built

  • Built in 1958

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Converted Dwelling
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Schools

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

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,694

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Finished,Egress Window
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Foundation Details: Block
  • List Price: 174900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

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 Size Acres: 0.19
  • Lot Dimensions: 60X140
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 4693.86
  • Tax Year: 2019

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2020
Closed on
Sep 25, 2020
Sold by
Steber Alan and Prairie Stetber Cheryl
Bought by
Ortiz Hernandez Jesus and Ortiz Norma
Seller's Agent
Allison Smith
RE/MAX Rising
Buyer's Agent
Bruce Dillman
Keller Williams Revolution
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%
Current Estimated Value
$237,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,198
Avg. Annual Appreciation
7.14%
Original Mortgage
$127,500
Outstanding Balance
$104,920
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$130,691

Purchase Details

Listed on
Jun 27, 2020
Closed on
Sep 23, 2020
Sold by
Steber Kevin and Steber April
Bought by
Ortiz Hernandez Jesus and Ortiz Norma
Seller's Agent
Allison Smith
RE/MAX Rising
Buyer's Agent
Bruce Dillman
Keller Williams Revolution
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$104,920
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$130,691

Purchase Details

Closed on
Oct 16, 2015
Sold by
West Steven P and West Dori A
Bought by
Steber Alan and Prairie Steber Cheryl

Purchase Details

Closed on
Nov 9, 2012
Sold by
Mccarney Patricia and Thomas Charles E
Bought by
West Steven P and West Dori A
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
Ortiz Hernandez Jesus $170,000 Mclean County Title
Ortiz Hernandez Jesus -- Mclean County Title
Steber Alan $122,000 Mclean County Title
West Steven P $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Hernandez Jesus $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $170,000 -2.8% --
08/12/2020 08/12/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $174,900 -- --
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
2024 $5,147 $70,830 $10,410 $60,420
2022 $5,147 $57,297 $8,421 $48,876
2021 $4,972 $54,059 $7,945 $46,114
2020 $4,858 $52,572 $7,726 $44,846
2019 $4,694 $52,290 $7,685 $44,605
2018 $4,642 $51,737 $7,604 $44,133
2017 $4,477 $51,737 $7,604 $44,133
2016 $4,428 $51,737 $7,604 $44,133
2015 $4,308 $50,525 $7,426 $43,099
2014 $4,255 $50,525 $7,426 $43,099
2013 -- $50,525 $7,426 $43,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10762470

Midwest Real Estate Data (MRED)

APN: 14-28-128-002