NOT LISTED FOR SALE

501 E Bluff St Marseilles, IL 61341

Estimated Value: $399,045

7 Beds
6 Baths
-- Sq Ft
0.52 Acres

Last Sold December 07, 2015

Last sale price $230,000

Est. 73% increase in value since last sale

Current estimated payment $2,586/month

64 Days on Market

Highlights

  • In Ground Pool
  • Brownstone
  • Home Gym
  • Rooftop Deck
  • Whirlpool Bathtub
  • Fenced Yard

About This Home

As of December 2015

A uniquie CONVERSION, turned into a Chicago loft style. A four unit, all rented. Each unit has 14 ft. Ceilings, original hardwood floors,freshly paint. Updated electrical, furnace/ac, all newer windows, light fixtures and plumbing. Main unit has two full baths w/ whirpool with 3 bedrooms and fireplace. 2nd unit has 2bedroom, 2 baths just remodeled.Gorgeous Deck and inground pool. Trully a one of a kind. Must to see.

Last Agent to Sell the Property

Carrie Perez-Poundstone

RE/MAX 1st Choice Listed on: 09/22/2015

Last Buyer's Agent

Ryan Behrens

RE/MAX Ultimate Professionals License #471017918

RE/MAX Ultimate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,820

Lot Details

  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 4 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Space is Owned
  • Unassigned Parking

Home Design

  • Brownstone
  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Second Floor Utility Room
  • Home Gym

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 6 Bathrooms
  • Whirlpool Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • In Ground Pool
  • Balcony
  • Rooftop Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 4 Units
  • Gross Income $3,750

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,820

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Brownstone
  • New Construction: No
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • Other Equipment: TV-Cable, Security System, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Exercise Room, Utility Room-2nd Floor
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Porch, Roof Deck, In Ground Pool, Storms/Screens
  • Foundation Details: Concrete Perimeter, Stone
  • List Price: 250000
  • Lot Features: Dimensions to Center of Road, Fenced Yard
  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Unassigned, Off Alley, Off Street, Side Apron
  • ParkingTotal: 12
  • Garage Details: Garage Door Opener(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved, Other

Fee Information

  • Other Expenses $: 0

Schools

  • Middle/Junior School District: 150

Lot Info

  • Lot Dimensions: IRREGULAR
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • TenantPays: Electric

Multi Family

  • GrossIncome: 3750
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 1820
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2015
Closed on
Dec 7, 2015
Sold by
Rexroat Amanda
Bought by
Day David
Seller's Agent
Carrie Perez-Poundstone
RE/MAX 1st Choice
Buyer's Agent
Ryan Behrens
RE/MAX Ultimate Professionals
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$399,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,045
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Jan 22, 2007
Sold by
Carpenter Gerald
Bought by
Rexport Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Day David $230,000 --
Rexport Amanda $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rexroat Amanda $20,000
Previous Owner Rexport Amanda $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2015 12/07/15 Sold $230,000 -8.0% --
11/25/2015 11/25/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $250,000 -- --
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 $4,809 $55,631 $6,116 $49,515
2023 $4,727 $55,631 $6,116 $49,515
2022 $5,284 $55,631 $6,116 $49,515
2021 $5,651 $55,631 $6,116 $49,515
2020 $5,594 $55,631 $6,116 $49,515
2019 $5,553 $55,631 $6,116 $49,515
2018 $5,839 $55,631 $6,116 $49,515
2017 $5,816 $55,631 $6,116 $49,515
2016 $7,776 $71,374 $6,147 $65,227
2015 $1,985 $28,392 $6,147 $22,245
2012 -- $26,976 $6,923 $20,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09045196

Midwest Real Estate Data (MRED)

APN: 24-18-313028