NOT LISTED FOR SALE

501 8th St Mendota, IL 61342

Estimated Value: $113,000 - $141,323

4 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold August 15, 2016

Last sale price $60,000

Est. 118% increase in value since last sale

Current estimated payment $961/month

274 Days on Market

About This Home

As of August 2016

Great investment property, fully occupied! Brand new paint and carpet upstairs. Solid home with great foundation. Big corner lot, 2 car garage on alley. Near school and downtown. A MUST SEE! CALL TODAY FOR YOUR PRIVATE SHOWING!

Last Agent to Sell the Property

Becky McPheeters

Town & Country Realty Sales Listed on: 11/05/2015

Town & Country Realty Sales

Last Buyer's Agent

Becky McPheeters

Town & Country Realty Sales Listed on: 11/05/2015

Town & Country Realty Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,303

Lot Details

  • 10,019

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asbestos Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Additional Features

  • 2-Story Property
  • Lot Dimensions are 68x150
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,303

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished,Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • List Price: 69500
  • Waterfront: No
  • Exterior Building Type: Asbestos Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 289

Lot Info

  • Lot Dimensions: 68X150
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 2303.04
  • Tax Year: 2015

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Haines Gale R
Bought by
Gann Geofry E and Haines Kayla
Current Estimated Value
$130,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Outstanding Balance
$57,132
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$64,848

Purchase Details

Closed on
Sep 29, 2023
Sold by
Haines Kayla
Bought by
Haines Gale R

Purchase Details

Listed on
Nov 5, 2015
Closed on
Aug 9, 2016
Sold by
Widmer Richard L and Widmer Robin G
Bought by
Haines Kayla
Seller's Agent
Becky McPheeters
Town & Country Realty Sales
Buyer's Agent
Becky McPheeters
Town & Country Realty Sales
List Price
$69,500
Sold Price
$60,000
Premium/Discount to List
-$9,500
-13.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$58,742
Interest Rate
3.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 18, 2010
Sold by
Moore Lewis F
Bought by
Widmer Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
5.05%
Mortgage Type
New Conventional
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
Gann Geofry E $87,500 None Available
Haines Gale R $70,000 None Available
Haines Kayla $60,000 --
Widmer Richard L $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gann Geofry E $57,500
Previous Owner Haines Kayla $58,742
Previous Owner Widmer Richard L $135,000
Previous Owner Widmer Richard L $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $60,000 -13.7% --
08/05/2016 08/05/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $69,500 0.0% --
07/05/2016 07/05/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $69,500 +15.8% --
04/01/2016 04/01/16 Off Market $60,000 -- --
03/28/2016 03/28/16 For Sale $69,500 0.0% --
02/02/2016 02/02/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $69,500 -- --
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 $2,859 $33,000 $4,936 $28,064
2023 $2,204 $30,732 $4,597 $26,135
2022 $1,991 $28,017 $4,191 $23,826
2021 $1,952 $26,521 $3,967 $22,554
2020 $1,804 $25,041 $3,746 $21,295
2019 $1,830 $25,041 $3,746 $21,295
2018 $1,823 $24,492 $3,664 $20,828
2017 $1,840 $24,183 $3,618 $20,565
2016 $2,364 $23,153 $3,464 $19,689
2015 $2,303 $22,450 $3,359 $19,091
2012 -- $25,715 $3,848 $21,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09081204

Midwest Real Estate Data (MRED)

APN: 01-33-225007