T
Seller's Agent in 2021
Tom James
1st Alliance Real Estate
(618) 632-4999
7 Total Sales
421 Joseph Dr Fairview Heights, IL 62208
Estimated Value: $189,000 - $267,000
20
Beds
8
Baths
9,692
Sq Ft
$24/Sq Ft
Est. Value
About This Home
As of March 2021Three 4-unit apartment buildings in Fairview Heights close to shopping, schools, Bus Line, and Interstate 64. The building addresses are 421 Joseph, 419 Joseph, and 417 Joseph Dr. All eight 2BR units have washer/dryer hookups. The four 1BR units do not have W/D hookups. Income estimate of $81,420.00 is full occupancy for one year. Expenses include 2019 totals for Taxes ($9190) , Insurance ($8719 ), trash ($966) and maintenance ($5559). Tenants pay all utilities. The roofs and siding were replaced in 2008. Property includes four parcels. The three additional parcels are: 03-34.0-103-106, 03-34.0-103-107, & 03-34.0-103-108 Listing Broker has ownership interest in property.
Property Details
Home Type
- Apartment
Year Built
- Built in 1970
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 180 x 120
- Corner Lot
Home Design
- 9,692 Sq Ft Home
- Brick Exterior Construction
- Frame Construction
- Asbestos Shingle Roof
Kitchen
- Oven or Range
Parking
- 1 Parking Space Included
- Parking Lot
Schools
- Pontiac-W Holliday Dist 105 Elementary And Middle School
- Belleville High School-East
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 3 Buildings
- 12 Units
- Low-Rise Condominium
Listing and Financial Details
- Tenant pays for cable tv/satellite, electric, gas, sewer, water
- Assessor Parcel Number 03-34.0-103-075
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2020
Closed on
Mar 12, 2021
Sold by
First Alliance Real Estate Inc
Bought by
Bmr Joseph Drive Townhomes Llc
Seller's Agent
Tom James
1st Alliance Real Estate
Buyer's Agent
Tom James
1st Alliance Real Estate
List Price
$480,000
Sold Price
$650,000
Premium/Discount to List
$170,000
35.42%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$417,333
Avg. Annual Appreciation
-18.47%
Original Mortgage
$652,500
Outstanding Balance
$580,920
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
-$348,253
Purchase Details
Closed on
Mar 30, 2006
Sold by
Chicago Title Land Trust Co
Bought by
First Alliance Real Estate Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
6.34%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 7, 2005
Sold by
Mcphail Larry R and Mcphail Pamela L
Bought by
Chicago Title Land Trust Co and Land Trust #1113956
Purchase Details
Closed on
Feb 2, 2005
Sold by
Eighteen Investments Inc
Bought by
Mcphail Larry R and Mcphail Pamela L
Purchase Details
Closed on
Nov 8, 2001
Sold by
S & P Properties
Bought by
Eighteen Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.72%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bmr Joseph Drive Townhomes Llc | $650,000 | Benchmark Title Co | |
| First Alliance Real Estate Inc | $550,000 | Benchmark Title Company Llc | |
| Chicago Title Land Trust Co | -- | Town & Country Title Co | |
| Mcphail Larry R | $550,000 | Town & Country Title Co | |
| Eighteen Investments Inc | -- | First American Title Insuran |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bmr Joseph Drive Townhomes Llc | $652,500 | |
| Previous Owner | First Alliance Real Estate Inc | $530,000 | |
| Previous Owner | Eighteen Investments Inc | $640,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2021 03/12/21 | Sold | $650,000 | +35.4% | $67 / Sq Ft |
| 10/21/2020 10/21/20 | Pending | -- | -- | -- |
| 10/08/2020 10/08/20 | For Sale | $480,000 | 0.0% | $50 / Sq Ft |
| 08/27/2020 08/27/20 | Pending | -- | -- | -- |
| 08/22/2020 08/22/20 | For Sale | $480,000 | -- | $50 / Sq Ft |
Source: MARIS MLS
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 | $3,864 | $59,858 | $8,096 | $51,762 |
| 2023 | $3,582 | $52,962 | $7,163 | $45,799 |
| 2022 | $3,580 | $51,908 | $7,020 | $44,888 |
| 2021 | $3,489 | $49,267 | $6,663 | $42,604 |
| 2020 | $3,444 | $46,669 | $6,312 | $40,357 |
| 2019 | $3,327 | $46,669 | $6,312 | $40,357 |
| 2018 | $3,306 | $45,272 | $8,098 | $37,174 |
| 2017 | $3,197 | $43,435 | $7,770 | $35,665 |
| 2016 | $3,174 | $42,455 | $7,595 | $34,860 |
| 2014 | $3,296 | $50,055 | $11,662 | $38,393 |
| 2013 | $3,402 | $50,978 | $11,877 | $39,101 |
Source: Public Records
Agents Affiliated with this Home
-
Tom James
Map
Source: MARIS MLS
MLS Number: MIS20059449
APN: 03-34.0-103-075
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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