NOT LISTED FOR SALE

427 Ridgecrest Dr Washington, IL 61571

Estimated Value: $288,171 - $354,000

5 Beds
3 Baths
3,048 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $225,000 $74 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,204/month

1 Day on Market

About This Home

As of July 2021

Check out this well cared for duplex. 1... 3bed 2 bath unit the second unit is 2 bed 1 bath. New roof 2021. 3 bed unit has a newer furnace and AC. Complete with a family room in the finished basement, large living room and 3 beds upstairs. Both units have newer windows. Tenants are month to month. Tenant of 2 bed unit is moving out June 4th. Tenant of 3 bed unit has been a long term renter of 20+yrs. All appliances stay. Both units are move in condition!!

Last Agent to Sell the Property

Scott Vreeland

Signature Heights Realty, LLC License #475160419 Listed on: 05/30/2021

Last Buyer's Agent

Tyler Bielawski

Gallery Homes Real Estate License #475195619

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,701

Year Built

  • Built in 1975

Lot Details

  • 0.31

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Garage
  • Garage Door Opener

Schools

  • Lincoln Elementary School
  • Washington High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,701

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Duplex/Side by Side
  • Legal Description: SEC 13 T26N R3W WASHINGTON KNOLLS 5TH EXT LOT 36 SE 1/4
  • Lvt Date: 05/30/2021
  • Year Built: 1975
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available, Garage Door Opener(s)
  • Basement: Finished, Full, Block
  • Price Per Sq Ft: 73.82
  • Total Sq Ft: 3048

Exterior Features

  • Exterior: Brick Partial, Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Owned Equipment, Units Hook-Ups

Schools

  • Elementary School: Lincoln
  • High School: Washington

Lot Info

  • Estimated Lot Size: 85X125
  • Lot Description: Level
  • Subdivision: Washington Knolls
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 20400
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 5700.62
  • Parcel Id Number Tax Id: 02-02-13-412-005
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 20400
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Jun 15, 2021
Sold by
Fuller Brad and Charles B Fuller Trust
Bought by
Boucher Michelle M and Boucher Michelle M
Seller's Agent
Scott Vreeland
Signature Heights Realty, LLC
Buyer's Agent
Tyler Bielawski
Gallery Homes Real Estate
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$312,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,543
Avg. Annual Appreciation
7.54%
Original Mortgage
$170,000
Outstanding Balance
$152,933
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$159,610

Purchase Details

Closed on
Apr 28, 2016
Sold by
Fuller Charles B and Fuller Charles Bradford
Bought by
Fuller Charles B
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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Purchase History

Date Buyer Sale Price Title Company
Boucher Michelle M $225,000 Chicago Title
Fuller Charles B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boucher Michelle M $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $225,000 0.0% $74 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/30/2021 05/30/21 For Sale $225,000 -- $74 / Sq Ft
Source: RMLS Alliance

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 $6,972 $87,920 $14,340 $73,580
2023 $6,972 $81,560 $13,300 $68,260
2022 $6,677 $76,210 $12,430 $63,780
2021 $5,784 $66,810 $12,120 $54,690
2020 $5,701 $66,810 $12,120 $54,690
2019 $5,593 $66,810 $12,120 $54,690
2018 $5,493 $66,810 $12,120 $54,690
2017 $5,353 $64,940 $11,780 $53,160
2016 $5,222 $64,940 $11,780 $53,160
2015 $5,130 $0 $0 $0
2013 $4,841 $60,550 $10,980 $49,570
Source: Public Records

Agents Affiliated with this Home

  • Scott Vreeland

    Seller's Agent in 2021

    Scott Vreeland

    Signature Heights Realty, LLC

    (309) 339-0634

    143 Total Sales

    Scott Vreeland
    Section Image

  • T

    Buyer's Agent in 2021

    Tyler Bielawski

    Gallery Homes Real Estate

See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1225416

RMLS Alliance

APN: 02-02-13-412-005

Illinois Tazewell County Washington 61571

427 Ridgecrest Dr, Washington, IL

Not Listed for Sale

MultiFamily

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