NOT LISTED FOR SALE

427 E A St Belleville, IL 62220

Estimated Value: $107,000 - $184,241

3 Beds
2 Baths
3,822 Sq Ft
$38/Sq Ft Est. Value

Last Sold December 12, 2017

Last sale price $110,000 $29 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $915/month

156 Days on Market

Highlights

  • Corner Lot
  • Brick or Stone Mason
  • Hot Water Heating System

About This Home

As of December 2017

INCOME PRODUCING PROPERTY! - 5 unit apartment building walking distance to downtown Belleville. Close to bus lines. Apt. #3 newly remodeled; New roof on main building in 2015; new windows and flooring in #2 - 2014; New refrig. in #5 in 2013. Long term tenant in #1. Leases on all units. Owners pays W/S/T and boiler heat. Agent Owned.

Last Agent to Sell the Property

Jane Crawford

Palmer Properties 3, LLC License #471017901 Listed on: 05/19/2017

Last Buyer's Agent

Jane Crawford

Palmer Properties 3, LLC License #471017901 Listed on: 05/19/2017

Property Details

Home Type

  • Apartment

Year Built

  • 1886

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 49 x 140 x 51 x 140
  • Corner Lot

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 3,822 Sq Ft Home
  • Drapes & Rods

Parking

  • 2 Parking Spaces Included
  • Over 1 Space Per Unit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Low-Rise Condominium

Listing and Financial Details

  • Tenant pays for electric, gas

Property Details

Home Type

Apartment

Year Built

1886

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Cross Street: WALNUT
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 130
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1886

Interior Features

  • Interior Items: Drapes/Blinds
  • Square Footage: 3822

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 2+ Space/Unit

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Window Unit(s)
  • Heating: Hot Water/Steam

Lot Info

  • Lot Dimensions: 49 x 140 x 51 x 140
  • Lot Sq Ft: 6970
  • Location: City, Corner Location
  • Acres: 0.1600

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Gas

Multi Family

  • Building Info: No Units Furnished
  • Building Number: 1
  • Units: 1

Tax Info

  • Taxes Paid: 2947

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Delaine Emily
Bought by
Ellis Ann Properties Llc
Current Estimated Value
$146,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$148,222
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$1,662

Purchase Details

Listed on
May 19, 2017
Closed on
Dec 12, 2017
Sold by
Jag Inc
Bought by
Delaine Emily H
Seller's Agent
Jane Crawford
Palmer Properties 3, LLC
Buyer's Agent
Jane Crawford
Palmer Properties 3, LLC
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%
Original Mortgage
$88,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2006
Sold by
Jacob Scott A and Crawford Gregg
Bought by
Jag Inc

Purchase Details

Closed on
Sep 15, 2003
Sold by
Wade Thomas
Bought by
Jacob Scott A and Crawford Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,793
Interest Rate
6.44%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ellis Ann Properties Llc $150,000 None Available
Delaine Emily H $55,000 Accent Title I0nc
Jag Inc -- Columbia Title
Jacob Scott A $79,000 Pti
Wade Thomas $71,000 Benchmark Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Ann Properties Llc $150,000
Previous Owner Delaine Emily H $88,000
Previous Owner Jacob Scott A $63,793
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2017 12/12/17 Sold $110,000 -12.0% $29 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $125,000 -- $33 / 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 $4,588 $52,174 $6,067 $46,107
2023 $4,788 $51,007 $5,947 $45,060
2022 $4,395 $45,916 $5,352 $40,564
2021 $4,232 $42,448 $4,948 $37,500
2020 $4,114 $40,143 $4,680 $35,463
2019 $4,148 $40,042 $4,921 $35,121
2018 $4,056 $39,177 $4,815 $34,362
2017 $4,025 $38,902 $4,782 $34,120
2016 $3,974 $38,075 $4,680 $33,395
2014 $3,000 $32,442 $12,459 $19,983
2013 $2,968 $32,906 $12,637 $20,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17041406

MARIS MLS

APN: 08-22.0-330-015