NOT LISTED FOR SALE

Estimated Value: $207,000 - $257,000

20 Beds
8 Baths
9,692 Sq Ft
$24/Sq Ft Est. Value

Sale Details

Date Sold: March 12, 2021

Last sale price $650,000 $67 Per Sq Ft

Current estimated payment $1,594 / mo

59 Days on Market

About This Home

As of March 2021

Three 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.

Last Agent to Sell the Property

Tom James

1st Alliance Real Estate License #471002923 Listed on: 08/22/2020

Last Buyer's Agent

Tom James

1st Alliance Real Estate License #471002923 Listed on: 08/22/2020

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1970

Lot Details

  • 21,344 Sq Ft 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 Community

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas, sewer, water
  • Assessor Parcel Number 03-34.0-103-075

Property Details

Home Type

Apartment

Year Built

Built in 1970

Lot Details

0.49 Acres

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Cross Street: Orleans Dr.
  • Municipality Township: Caseyville
  • Special Description: No Exemptions
  • Age: 51
  • Ownership: Private
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Lndry Connect Sm Un
  • Square Footage: 9692

Exterior Features

  • Construction: Asbestos Shingle, Brick Veneer Predom, Frame

Garage/Parking

  • Parking: 1 Space/Unit, Parking Lot

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: PONTIAC-W HOLLIDAY DIST 105
  • Junior High School: PONTIAC-W HOLLIDAY DIST 105
  • School District: Pontiac-W Holliday DIST 105
  • Senior High School: Belleville High School-East

Lot Info

  • Lot Dimensions: 180 x 120
  • Lot Sq Ft: 21344
  • Location: City, Corner Location
  • Acres: 0.4900

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Gas, Sewer, Water

Multi Family

  • Building Info: No Units Furnished, Smoke/Alarm Detector
  • Building Number: 3
  • Gross Operating Income: 81240.00
  • Total Units: 12
  • Total Expenses: 27223.00

Tax Info

  • Taxes Paid: 9190
  • Assessor Parcel Number: 03-34.0-103-075

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Mar 12, 2021
Sold by
Bought by
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
$232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$418,000
Avg. Annual Appreciation
-17.40%
Original Mortgage
$652,500
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2006
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Feb 2, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 2001
Sold by
Bought by

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Fairview Heights, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 Benchmark Title Co
$550,000 Benchmark Title Company Llc
-- Town & Country Title Co
$550,000 Town & Country Title Co
-- First American Title Insuran
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $660,000
Closed $652,500
Previous Owner $475,000
Previous Owner $628,000
Previous Owner $530,000
Previous Owner $640,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MARIS MLS

MLS Number: MIS20059449

MARIS MLS

APN: 03-34.0-103-075

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