NOT LISTED FOR SALE

429 Colleen Dr O Fallon, IL 62269

Estimated Value: $133,000 - $472,000

-- Bed
-- Bath
900 Sq Ft
$397/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $425,000 $472 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,258/month

67 Days on Market

Highlights

  • Forced Air Heating System
  • Evans Elementary School Rated A-
  • 3-minute walk to Thoman Park

About This Home

As of July 2024

Are you looking for an AMAZING OPPORTUNITY to own a 4 unit condo building in the heart of O'Fallon? 429,431,433,435 Colleen Dr are being sold as a building, not individual units. The main floor presents a functional layout consisting of a half bath, kitchen w/ ample counter and cabinet space and a spacious living area. (Each unit is well kept by occupant). Upstairs are 2 generously sized bedrooms, a full bath & laundry hook ups (what a wonderful convenience). Building is fully tenant occupied-DO NOT DISTURB TENANTS! Allow 24-48 hours for showing approval. Grounds are maintained by a local HOA.

Last Agent to Sell the Property

Christina Johnson

Keller Williams Pinnacle License #471.022417 Listed on: 05/11/2024

Keller Williams Pinnacle

Last Buyer's Agent

Julie Jones-Kloeckner

Keller Williams Marquee License #471-019646

Keller Williams Marquee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 1980

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 110x99x130

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • 900 Sq Ft Home
  • Cedar

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Ofallon Dist 90 Elementary And Middle School
  • Ofallon High School

Utilities

  • Forced Air Heating System

Community Details

  • Net Operating Income $28,134

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04-31.0-218-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,824

Year Built

Built in 1980

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1980
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.11
  • Co List Office Phone: 2266447
  • Subdivision Name: Georgetowne 1st Add
  • Above Grade Finished Sq Ft: 900
  • Age: 44
  • PropaneTank: None
  • Total Expenses: 11996.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Dishwasher(s), Some Disposal(s), Some Refrigerator(s), Some Range Oven(s), Washer/Dryer

Exterior Features

  • Disclosures: Unknown, Flood Plain No, Sellers Discl. Avail
  • Construction Type: Cedar, Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Open
  • Driveway: Concrete

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: OFALLON DIST 90
  • Junior High Dist: O Fallon DIST 90
  • High School: OFallon
  • Middle Or Junior School: OFALLON DIST 90

Lot Info

  • Lot Dimensions: 110x99x130
  • Lot Size Sq Ft: 4792
  • Parcel Number: 04-31.0-218-023

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Leases

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1824

Multi Family

  • Net Operating Income: 28134
  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Jul 15, 2024
Sold by
Murphy Philip and Sap Trust Sap Trust
Bought by
Nguyen Jessica L and Nguyen Solomon
Seller's Agent
Christina Johnson
Keller Williams Pinnacle
Buyer's Agent
Julie Jones-Kloeckner
Keller Williams Marquee
List Price
$460,000
Sold Price
$425,000
Premium/Discount to List
-$35,000
-7.61%
Views
52
Current Estimated Value
$357,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,965
Avg. Annual Appreciation
-16.14%
Original Mortgage
$318,750
Outstanding Balance
$316,622
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$40,413

Purchase Details

Closed on
Feb 19, 2015
Sold by
Kaleidoscope Properties Inc
Bought by
Sap Trust

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
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2005
Sold by
Schwarz William E and Drury Rebecca S
Bought by
Kaleidoscope Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Nguyen Jessica L $425,000 None Available
Sap Trust $168,000 Atg
Kaleidoscope Properties Inc $106,000 Benedick Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Jessica L $318,750
Previous Owner Sap Trust $150,000
Previous Owner Kaleidoscope Properties Inc $134,251
Previous Owner Kaleidoscope Properties Inc $142,260
Previous Owner Kaleidoscope Properties Inc $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Pending -- -- --
07/15/2024 07/15/24 Sold $425,000 -7.6% $472 / Sq Ft
05/09/2024 05/09/24 For Sale $460,000 0.0% $511 / Sq Ft
06/07/2018 06/07/18 Rented $725 0.0% --
05/29/2018 05/29/18 For Rent $725 0.0% --
07/27/2017 07/27/17 Rented $725 0.0% --
07/11/2017 07/11/17 Price Changed $725 -6.5% --
06/29/2017 06/29/17 Price Changed $775 -11.4% --
06/06/2017 06/06/17 For Rent $875 -- --
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
2023 $1,928 $25,453 $3,740 $21,713
2022 $1,824 $23,400 $3,438 $19,962
2021 $1,773 $22,334 $3,449 $18,885
2020 $1,761 $21,142 $3,265 $17,877
2019 $1,723 $21,142 $3,265 $17,877
2018 $1,679 $20,528 $3,170 $17,358
2017 $1,721 $20,289 $3,305 $16,984
2016 $1,716 $19,816 $3,228 $16,588
2014 $1,590 $19,587 $3,191 $16,396
2013 $1,875 $19,286 $3,143 $16,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24028582

MARIS MLS

APN: 04-31.0-218-023