NOT LISTED FOR SALE

437 E Marion St Princeton, IL 61356

Estimated Value: $273,103

7 Beds
4 Baths
-- Sq Ft
0.33 Acres

Last Sold January 19, 2021

Last sale price $209,900

Est. 30% increase in value since last sale

Current estimated payment $1,983/month

76 Days on Market

Highlights

  • Property is near park
  • 4 Car Detached Garage
  • Heating System Uses Steam
  • Corner Lot
  • Ceiling Fan

About This Home

As of January 2021

Investment of the year! Four fantastic units ranging from 690-871 square feet each with updated paint, appliances, flooring and more. Great floor plan with no wasted space and one parking stall for each unit plus additional parking in the large parking lot. New boiler in 2020 and each unit has it's own heating and cooling controls. Blown in insulation added in attic and all appliances stay. Additional income from the coin operated laundry in the large laundry room. Three of the units include 2 large bedrooms and the fourth unit is one bedroom but all have much more space than any average apartment! Great closet space throughout. After being in the same family for the last 29 years this may be your time to invest in your future!

Last Agent to Sell the Property

Janelle McCarter

Landmark Realty of Illinois LLC License #471004781 Listed on: 09/29/2020

Last Buyer's Agent

Dee Barrera

Starved Rock Realty License #471005546

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,928

Year Built

  • Built in 1981

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100.68 x 144
  • Corner Lot

Parking

  • 4 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Princeton High School

Additional Features

  • Property is near park
  • Heating System Uses Steam

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $452
  • Fuel Expense $1,380
  • Insurance Expense $1,500
  • Trash Expense $502
  • Water Sewer Expense $1,133
  • Gross Income $30,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,928

Year Built

Built in 1981

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1981
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park
  • Conversion YN: N

Fee Information

  • Trash Expense: 502
  • Water Sewer Expenses: 1133
  • Other Expenses $: 600
  • Trash Expense Year: 504

Schools

  • High School: Princeton High School

Lot Info

  • Lot Size Acres: 0.33
  • Lot Dimensions: 100.68 X 144
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • Fuel Expense: 1380
  • Insurance Expense: 1500
  • ElectricExpense: 452
  • GrossIncome: 30420
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4927.88
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Jan 18, 2021
Sold by
Market Finders International Inc
Bought by
Dnd Property Solutions Llc
Seller's Agent
Janelle McCarter
Landmark Realty of Illinois LLC
Buyer's Agent
Dee Barrera
Starved Rock Realty
List Price
$209,900
Sold Price
$209,900
Current Estimated Value
$273,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,203
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Aug 17, 2006
Sold by
Wiesbrook Philip A and Wiesbrook Mary D
Bought by
Market Finders International Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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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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
Dnd Property Solutions Llc $205,000 None Available
Market Finders International Inc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Market Finders International Inc $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Sold $209,900 0.0% --
12/14/2020 12/14/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $209,900 0.0% --
10/06/2020 10/06/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $209,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,665 $84,663 $7,174 $77,489
2023 $6,665 $77,973 $6,607 $71,366
2022 $6,299 $73,104 $6,194 $66,910
2021 $6,160 $69,201 $5,863 $63,338
2020 $4,928 $54,847 $5,648 $49,199
2019 $4,928 $54,191 $5,580 $48,611
2018 $4,837 $53,265 $5,485 $47,780
2017 $4,920 $53,458 $5,505 $47,953
2016 $4,801 $52,062 $5,361 $46,701
2015 -- $45,884 $0 $45,884
2014 -- $51,151 $5,267 $45,884
2013 -- $51,429 $5,296 $46,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10885454

Midwest Real Estate Data (MRED)

APN: 16-16-402-005