NOT LISTED FOR SALE

5003 W Main St Belleville, IL 62226

Estimated Value: $84,000 - $142,000

2 Beds
1 Bath
1,471 Sq Ft
$83/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $25,000 $17 Per Sq Ft

Est. 387% increase in value since last sale

Current estimated payment $897/month

242 Days on Market

About This Home

As of June 2017

Located on a busy street south of a high school, we are told it is zoned commercial. Usage has been in past a beauty salon, dog grooming, and multi family housing for tenants to live in. It appears to be a Single level Ranch from street but the lower level is a unit as well. Basement was finished with rooms and full bath but has been gutted down to studs. Upper level has 3 bedrooms, hardwood floors, dining room with picture window, and full bath. Updated electrical panels, newer architectural roof. Each floor has a separate electrical and water meter. Broker interest. Proof of funds required sold as is. Excellent commercial rental opportunity. Buyer to satisfy themselves with all information and ability to use as intended with City.

Last Agent to Sell the Property

Kevin Wrigley

Fusion Realty, LLC License #471003942 Listed on: 10/05/2016

Last Buyer's Agent

Tara Ponte

RE/MAX Preferred License #475166190

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,100

Year Built

  • 1959

Lot Details

  • 7,667 Sq Ft Lot
  • Lot Dimensions are 67x114

Parking

  • 1 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Additional Parking
  • Off-Street Parking

Interior Spaces

  • 2 Main Level Bedrooms
  • 1,471 Sq Ft Home

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,100

Year Built

1959

Lot Details

0

Parking

1

Listing Details

  • Municipality Township: Belleville
  • Special Description: Owner Occupied
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Basement: Full, Roughed-In Bath, Walk-Out
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Total Living Area: 1471.00

Garage/Parking

  • Garage Spaces: 1
  • Parking: Additional Parking, Attached Garage, Off Street, Rear/Side Entry

Utilities

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

Lot Info

  • Lot Dimensions: 67x114
  • Lot Sq Ft: 7667

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2016
Closed on
May 26, 2017
Sold by
Champaign Investment Llc
Bought by
Under The Wood Property Llc
Seller's Agent
Kevin Wrigley
Fusion Realty, LLC
Buyer's Agent
Tara Ponte
RE/MAX Preferred
List Price
$34,900
Sold Price
$25,000
Premium/Discount to List
-$9,900
-28.37%
Current Estimated Value
$121,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,827
Avg. Annual Appreciation
20.75%
Original Mortgage
$25,000
Interest Rate
15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2016
Sold by
Taylor Damon J
Bought by
Champaign Investment Llc and Diamante Capital Llc

Purchase Details

Closed on
Oct 15, 2003
Sold by
Reiman Mildred L
Bought by
Taylor Damon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
9.5%
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
Under The Wood Property Llc $25,000 Fatic
Champaign Investment Llc $2,000 Attorney
Taylor Damon J $90,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Under The Wood Property Llc $25,000
Previous Owner Taylor Damon J $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2017 06/05/17 Sold $25,000 -7.4% $17 / Sq Ft
01/22/2017 01/22/17 Price Changed $27,000 -9.7% $18 / Sq Ft
10/10/2016 10/10/16 Price Changed $29,900 -14.3% $20 / Sq Ft
10/05/2016 10/05/16 For Sale $34,900 -- $24 / 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 $3,100 $35,248 $4,075 $31,173
2023 $3,243 $34,550 $3,994 $30,556
2022 $2,977 $31,104 $3,596 $27,508
2021 $2,867 $28,754 $3,324 $25,430
2020 $2,787 $27,192 $3,143 $24,049
2019 $1,919 $18,524 $3,305 $15,219
2018 $1,877 $18,124 $3,234 $14,890
2017 $1,885 $17,997 $3,211 $14,786
2016 $1,414 $17,615 $3,143 $14,472
2014 $1,995 $27,684 $5,029 $22,655
2013 $2,034 $28,080 $5,101 $22,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16070023

MARIS MLS

APN: 08-07.0-408-015