Seller's Agent in 2023
Jason Buss
RE/MAX Preferred
(618) 580-1016
394 in this area
505 Total Sales
501 S Illinois St Unit 503 Belleville, IL 62220
Estimated Value: $76,000 - $132,000
--
Bed
--
Bath
3,420
Sq Ft
$30/Sq Ft
Est. Value
Highlights
- Deck
- Forced Air Heating System
- Partially Fenced Property
- Brick or Stone Mason
- Laundry Facilities
About This Home
As of November 2023Investors! Two home for the price of one. 501 is a huge home with 4-5 bedrooms and 2 baths, all rooms are large. 503 is a 2-3 (one walk through) bedroom, 1 bath home with cellar. The home does have a dining area or office with laundry nook. Both homes (duplex) need some updating and have been a great investment property for the current owner for decades. The homes are on the same water and sewer. Owner pays water, sewer, and trash and that is approximately $250 a month, tenants paid gas and electric. 501 could easily be turned into a two family (with proper permission from the city) as it was at one time. Parcel is zoned commercial but is grandfathered as multi-family per the city. Buyer's responsibility for any rezoning or variances they may need or want. Information is gathered from various sources & should be verified by buyer or buyer's agent. Inspections: buyer's knowledge only, seller will do no inspections, repairs, or credit for repairs. AS IS!
Last Agent to Sell the Property
RE/MAX Preferred License #475162134 Listed on: 09/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,688
Year Built
- Built in 1915
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 55.5x116
- Partially Fenced Property
Home Design
- 3,420 Sq Ft Home
- Duplex
- Brick or Stone Mason
- Frame Construction
Parking
- Over 1 Space Per Unit
- On-Street Parking
- Off-Street Parking
- Unassigned Parking
Outdoor Features
- Deck
Schools
- Belleville Dist 118 Elementary And Middle School
- Belleville High School-West
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Basement
Community Details
- Laundry Facilities
Listing and Financial Details
- Tenant pays for electric, gas
- Assessor Parcel Number 08-28.0-223-013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2023
Closed on
Nov 7, 2023
Sold by
Weissert Juanita M and Arleen M Wuebbels Self Declaration Of Tr Arle
Bought by
Alexander Victoria and Spraggins Frank J
Seller's Agent
Jason Buss
RE/MAX Preferred
Buyer's Agent
Dwanyetta Brazil
Keller Williams Marquee
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,380
Avg. Annual Appreciation
12.78%
Purchase Details
Closed on
Dec 23, 2011
Sold by
Wuebbels Arleen M
Bought by
Wuebbels Arleen M and Arleen M Wuebbels Self Declaration Of Tr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alexander Victoria | $80,000 | Town & Country Title | |
| Wuebbels Arleen M | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | $80,000 | -20.0% | $23 / Sq Ft |
| 10/13/2023 10/13/23 | Pending | -- | -- | -- |
| 09/22/2023 09/22/23 | For Sale | $100,000 | -- | $29 / Sq Ft |
Source: MARIS MLS
Tax History Compared to Growth
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 | $2,688 | $30,565 | $3,665 | $26,900 |
| 2023 | $2,959 | $31,520 | $3,592 | $27,928 |
| 2022 | $2,716 | $28,376 | $3,234 | $25,142 |
| 2021 | $2,616 | $26,233 | $2,990 | $23,243 |
| 2020 | $2,542 | $24,807 | $2,827 | $21,980 |
| 2019 | $2,743 | $26,475 | $2,831 | $23,644 |
| 2018 | $2,682 | $25,903 | $2,770 | $23,133 |
| 2017 | $2,661 | $25,721 | $2,751 | $22,970 |
| 2016 | $2,627 | $28,134 | $2,693 | $25,441 |
| 2014 | $1,338 | $14,471 | $9,064 | $5,407 |
| 2013 | $1,324 | $14,678 | $9,194 | $5,484 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Buss
-
Dwanyetta Brazil
Buyer's Agent in 2023
Dwanyetta Brazil
Keller Williams Marquee
(618) 616-6226
26 in this area
45 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS23040377
APN: 08-28.0-223-013
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