NOT LISTED FOR SALE

50 W Benson Ave Cortland, IL 60112

Estimated Value: $267,000 - $289,302

4 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold December 09, 2015

Last sale price $125,000

Est. 121% increase in value since last sale

Current estimated payment $1,997/month

71 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Baseboard Heating
  • 1 Car Attached Garage
  • Ceiling Fan
  • Paved or Partially Paved Lot

About This Home

As of December 2015

INCOME PROPERTY - Side by side duplex in quiet residential neighborhood. Each unit is 2 bedrooms, 1 bath, 1 car garage, full basement & patio. One unit has finished room in basement. Other unit has larger kitchen & dining area with fireplace. Well maintained units with good rental history. SHORT SALE - APPROVED AT LISTING PRICE!

Last Agent to Sell the Property

Jennifer Daring

Coldwell Banker Realty License #471009391 Listed on: 07/06/2015

Coldwell Banker Realty

Last Buyer's Agent

Jennifer Daring

Coldwell Banker Realty License #471009391 Listed on: 07/06/2015

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,949

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 95x120
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Duplex
  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Additional Features

  • Patio
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Fireplace-Gas,Garage/Space,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 125000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Paved

Schools

  • Middle/Junior School District: 428

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 95X120
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4949.14
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Nov 12, 2015
Sold by
Sebby Harold Wayne
Bought by
Adkins Alan and Adkins Laura L
Seller's Agent
Jennifer Daring
Coldwell Banker Realty
Buyer's Agent
Jennifer Daring
Coldwell Banker Realty
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$276,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,576
Avg. Annual Appreciation
8.41%
Source: Public Records

Range of Values:

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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
Adkins Alan $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2015 12/09/15 Sold $125,000 0.0% --
09/15/2015 09/15/15 Pending -- -- --
08/06/2015 08/06/15 Price Changed $125,000 0.0% --
08/06/2015 08/06/15 For Sale $125,000 -21.4% --
07/14/2015 07/14/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $159,000 -- --
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 $6,425 $77,266 $15,270 $61,996
2023 $6,425 $68,388 $14,286 $54,102
2022 $6,503 $65,268 $13,634 $51,634
2021 $6,583 $62,142 $12,981 $49,161
2020 $6,597 $60,203 $12,576 $47,627
2019 $6,414 $57,676 $12,048 $45,628
2018 $6,244 $54,545 $11,394 $43,151
2017 $6,181 $51,928 $10,847 $41,081
2016 $5,957 $48,805 $10,195 $38,610
2015 -- $45,831 $9,574 $36,257
2014 -- $44,111 $9,215 $34,896
2013 -- $45,711 $9,549 $36,162
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08973210

Midwest Real Estate Data (MRED)

APN: 09-29-180-002