NOT LISTED FOR SALE

48 N Missouri Ave Belleville, IL 62220

Estimated Value: $109,734 - $164,000

-- Bed
-- Bath
1,352 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $70,000 $52 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $974/month

53 Days on Market

About This Home

As of November 2016

Great investment property in east Belleville. 2 Bedroom 1 bath and a 1 bedroom 1 bath unit. The interiors were remodeled around 2012. Vinyl windows. Central AC and Gas Furnace. Gross rents $12,720. Insurance $898. 2015 Taxes $2188. Maintenance $850.
All tenants are on month to month. $5000 roof allowance.

Last Agent to Sell the Property

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 09/16/2016

Last Buyer's Agent

Rebecca DeMond

RE/MAX Preferred License #475131653

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,048

Year Built

  • 1890

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 48x141

Parking

  • Off-Street Parking

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,048

Year Built

1890

Lot Details

0

Listing Details

  • Cross Street: East Main
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 124
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Exterior Features

  • Exterior Features: Aluminum Siding

Garage/Parking

  • Parking: Off Street

Utilities

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

Schools

  • School District: Belleville DIST 118
  • Elementary School: BELLEVILLE DIST 118
  • Middle School: BELLEVILLE DIST 118
  • High School: Belleville High School-East

Lot Info

  • Lot Dimensions: 48x141
  • Lot Sq Ft: 6621

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 12720.00
  • Total Expenses: 3936.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Nov 9, 2016
Sold by
Tegtmeier Philip
Bought by
Rollingbrook Properties Llc
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Rebecca DeMond
RE/MAX Preferred
List Price
$69,000
Sold Price
$70,000
Premium/Discount to List
$1,000
1.45%
Current Estimated Value
$136,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,934
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Oct 3, 2005
Sold by
Hud
Bought by
Tegtmeier Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,960
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2005
Sold by
Osban
Bought by
Hud

Purchase Details

Closed on
Jan 29, 2002
Sold by
Marrone Thomas F
Bought by
Osban Richard A
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
Rollingbrook Properties Llc $70,000 Town & Country Title Co
Tegtmeier Philip -- Lakeside Title & Escrow Agen
Hud -- --
Osban Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tegtmeier Philip $37,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2016 11/10/16 Sold $70,000 +1.4% $52 / Sq Ft
09/16/2016 09/16/16 For Sale $69,000 -- $51 / 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 $3,048 $34,662 $4,194 $30,468
2023 $3,100 $33,024 $4,110 $28,914
2022 $2,846 $29,730 $3,700 $26,030
2021 $2,740 $27,485 $3,421 $24,064
2020 $2,664 $25,991 $3,235 $22,756
2019 $2,499 $24,122 $3,240 $20,882
2018 $2,444 $23,600 $3,170 $20,430
2017 $2,424 $23,435 $3,148 $20,287
2016 $2,394 $22,937 $3,081 $19,856
2014 $2,116 $22,885 $1,793 $21,092
2013 $2,094 $23,213 $1,819 $21,394
Source: Public Records

Agents Affiliated with this Home

  • Gary Johnston

    Seller's Agent in 2016

    Gary Johnston

    Johnston Realty, Inc.

    (618) 233-8802

    277 in this area

    392 Total Sales

    Gary Johnston
    Section Image
  • Rebecca DeMond

    Buyer's Agent in 2016

    Rebecca DeMond

    RE/MAX Preferred

    (618) 779-3780

    187 in this area

    474 Total Sales

    Rebecca DeMond
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS16065896

MARIS MLS

APN: 08-22.0-417-001

Illinois St. Clair County Belleville 62220

48 N Missouri Ave, Belleville, IL

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