NOT LISTED FOR SALE

500 N Sheldon St Rantoul, IL 61866

Estimated Value: $132,429 - $173,000

4 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold March 01, 2023

Last sale price $135,000

Est. 12% increase in value since last sale

Current estimated payment $1,025/month

251 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Heating System Uses Steam

About This Home

As of March 2023

Looking for an investment opportunity that's ready to start making you money or are you looking for a place to live and would like help paying your mortgage? This updated duplex should be your next purchase! The duplex has 2- two-bedroom, 1-bath apartments with a basement under the East unit providing storage and 2 laundry hookups for the tenants. Recent updates include- roof, siding, windows & gutters, water heater, 100 amp electrical boxes, new vinyl plank flooring and refinished hardwood floors in both units. The current owner pays for all utilities (electric, gas, water and trash). Current rents total $1800 a month.

Last Agent to Sell the Property

Jeanette During

TOWN & COUNTRY REALTY,LLP License #471001832 Listed on: 05/19/2022

Last Buyer's Agent

Angela Roderick

KELLER WILLIAMS-TREC License #475184554

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 1949

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 57.7x150.01x57.33x150.04
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Rantoul Elementary School
  • Rantoul Junior High School
  • Rantoul Twp High School

Additional Features

  • Partial Basement
  • Porch
  • Heating System Uses Steam

Community Details

  • 2 Units
  • Flesner Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,548

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Flesner
  • Year Built: 1949
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 27 FLESNER ADD
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Block
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Rantoul Elementary School
  • High School: Rantoul Twp Hs
  • Middle/Junior School: Rantoul Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 57.7X150.01X57.33X150.04
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2547.84
  • Tax Year: 2021
  • 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
May 19, 2022
Closed on
Mar 1, 2023
Sold by
Fox Michael M and Fox Brenda
Bought by
Holt Investments Llc
Seller's Agent
Jeanette During
TOWN & COUNTRY REALTY,LLP
Buyer's Agent
Angela Roderick
KELLER WILLIAMS-TREC
List Price
$164,000
Sold Price
$135,000
Premium/Discount to List
-$29,000
-17.68%
Views
50
Current Estimated Value
$151,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,607
Avg. Annual Appreciation
4.07%
Original Mortgage
$108,000
Outstanding Balance
$58,833
Interest Rate
7.2%
Mortgage Type
New Conventional
Estimated Equity
$92,774
Source: Public Records
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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
Holt Investments Llc $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Investments Llc $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $135,000 -9.4% --
01/27/2023 01/27/23 Pending -- -- --
08/31/2022 08/31/22 Price Changed $149,000 -3.2% --
08/03/2022 08/03/22 Price Changed $154,000 -6.1% --
05/20/2022 05/20/22 For Sale $164,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $2,841 $31,620 $9,290 $22,330
2023 $2,841 $28,210 $8,290 $19,920
2022 $2,659 $25,190 $7,400 $17,790
2021 $2,548 $23,520 $6,910 $16,610
2020 $2,361 $22,730 $6,680 $16,050
2019 $2,264 $21,840 $6,420 $15,420
2018 $2,407 $20,720 $6,090 $14,630
2017 $2,417 $20,140 $5,920 $14,220
2016 $2,369 $20,140 $5,920 $14,220
2015 $2,357 $20,140 $5,920 $14,220
2014 $2,318 $20,140 $5,920 $14,220
2013 $2,304 $20,590 $6,050 $14,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11410221

Midwest Real Estate Data (MRED)

APN: 20-03-35-306-015