$83,000
SOLD MAR 10, 2025

418 Wood River Ave East Alton, IL 62024

-- Bed
-- Bath
1,425 Sq Ft
5,214 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

17% Below List Price

0 Day on Market

About This Home

As of March 2025

2 Unit duplex. Both sides currently leased for $700/month.

Last Agent to Sell the Property

Jill Cummings

RE/MAX Alliance License #475140540 Listed on: 01/26/2025

RE/MAX Alliance

Last Buyer's Agent

Ranae Harris

RE/MAX Alliance License #471.001305

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,705

Year Built

  • Built in 1942

Lot Details

  • 5,214 Sq Ft Lot

Schools

  • East Alton-Wood River Dist 14 Elementary And Middle School
  • East Alton/Wood River High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • Net Operating Income $1

Listing and Financial Details

  • Tenant pays for no utilities
  • Assessor Parcel Number 19-2-08-16-20-404-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,705

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1942
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.1197
  • Co List Office Phone: 6562111
  • Subdivision Name: Van Preters Add
  • Age: 83
  • Total Expenses: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: EAST ALTON-WOOD RIVER DIST 14
  • Junior High Dist: East Alton-Wood River DIST 14
  • High School: East Alton/Wood River
  • Middle Or Junior School: EAST ALTON-WOOD RIVER DIST 14

Lot Info

  • Lot Dimensions: 93.4x55.8 irr
  • Lot Size Sq Ft: 5214
  • Parcel Number: 19-2-08-16-20-404-002

Rental Info

  • Tenant Pays: No Utilities
  • Lease Term: Leases

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1705

Multi Family

  • Net Operating Income: 1
  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2025
Closed on
Mar 10, 2025
Sold by
Tjw Properties Llc
Bought by
Cleark Aldrich E
Seller's Agent
Jill Cummings
RE/MAX Alliance
Buyer's Agent
Ranae Harris
RE/MAX Alliance
List Price
$100,000
Sold Price
$83,000
Premium/Discount to List
-$17,000
-17%
Views
1
Current Estimated Value
$87,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,009
Avg. Annual Appreciation
16.90%
Original Mortgage
$57,750
Outstanding Balance
$57,708
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$32,312

Purchase Details

Listed on
Oct 25, 2022
Closed on
Nov 7, 2022
Sold by
Pilcic Jon M and Pilcic Sheila M
Bought by
Tjw Properties Llc
Seller's Agent
Christine Miller
RE/MAX Alliance
Buyer's Agent
Jill Cummings
RE/MAX Alliance
List Price
$70,000
Sold Price
$68,000
Premium/Discount to List
-$2,000
-2.86%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$72,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2011
Sold by
Ringhausen Kenneth Laverne and Ringhausen Jacqueline Ann
Bought by
Pilcic Jon Michael and Pilcic Sheila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
4.01%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $87,000 Serenity Title & Escrow
Warranty Deed $68,000 First American Title Insurance
Warranty Deed $41,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $57,750 New Conventional
Previous Owner $72,000 Commercial
Previous Owner $33,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Sold $83,000 -17.0% $58 / Sq Ft
01/26/2025 01/26/25 Pending -- -- --
01/26/2025 01/26/25 For Sale $100,000 +47.1% $70 / Sq Ft
11/14/2022 11/14/22 Sold $68,000 -2.9% $48 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $70,000 -- $49 / Sq Ft
Source: MARIS MLS

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 $1,796 $17,620 $4,080 $13,540
2023 $1,796 $16,420 $3,800 $12,620
2022 $1,706 $15,160 $3,510 $11,650
2021 $1,616 $14,130 $3,270 $10,860
2020 $1,567 $13,610 $3,150 $10,460
2019 $1,553 $13,210 $3,060 $10,150
2018 $1,521 $12,560 $2,910 $9,650
2017 $1,443 $12,260 $2,840 $9,420
2016 $1,455 $12,560 $2,840 $9,720
2015 $1,391 $12,430 $2,810 $9,620
2014 $1,391 $12,430 $2,810 $9,620
2013 $1,391 $12,610 $2,850 $9,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS25004059

MARIS MLS

APN: 19-2-08-16-20-404-002