NOT LISTED FOR SALE

502 E Washington St Unit 8 Clinton, IL 61727

Estimated Value: $436,431

2 Beds
2 Baths
3,228 Sq Ft
$135/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2022

Last sale price $340,000 $105 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,931 / mo

62 Days on Market

About This Home

As of July 2022

Close to grocery, downtown and other services. Small town living yet close to Bloomington, Decatur, Champaign and Lincoln.

Last Agent to Sell the Property

Sandra Alexander

Coldwell Banker Cornerstone License #471000410 Listed on: 03/03/2022

Last Buyer's Agent

Sandra Alexander

Coldwell Banker Cornerstone License #471000410 Listed on: 03/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,061

Year Built

  • Built in 1995

Lot Details

  • 10,280

Schools

  • Clinton High School

Utilities

  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,061

Year Built

Built in 1995

Lot Details

10,280 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building | Other Style
  • Legal Description: BEG 25W NE COR LOT 4, W80.8, S132.75, E79.52, N132.75 TO POB - BLOCK 12 GIDEON ADDITION
  • Lvt Date: 03/04/2022
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 8
  • Number Refrigerators: 8
  • Price Per Sq Ft: 105.33
  • Total Sq Ft: 3228

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, Guest Parking
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Electric, Wall Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 630
  • Laundry Facilities: No Laundry Equipment
  • Number Window Units: 8

Schools

  • High School: Clinton High

Lot Info

  • Estimated Lot Size: 80 X 132
  • Zoning: commercial
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Gross Annual Rent Income: 43970

Tax Info

  • Annual Taxes: 3061
  • Parcel Id Number Tax Id: 07-35-105-001
  • Tax Year: 2020

Multi Family

  • Total Number Units: 8
  • Gross Annual Income: 43970
  • Total Number Electric Meters: 8
  • Total Number Gas Meters: 8
  • Total Number Heating Units: 8
  • Total Number Water Heaters: 8
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Jul 25, 2022
Sold by
Cool Investment Properties Llc
Bought by
Washington 8 Llc
Seller's Agent
Sandra Alexander
Coldwell Banker Cornerstone
Buyer's Agent
Sandra Alexander
Coldwell Banker Cornerstone
List Price
$389,900
Sold Price
$340,000
Premium/Discount to List
-$49,900
-12.8%
Current Estimated Value
$436,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,431
Avg. Annual Appreciation
6.87%
Original Mortgage
$272,000
Outstanding Balance
$200,826
Interest Rate
5.29%
Mortgage Type
New Conventional
Estimated Equity
$235,605

Purchase Details

Closed on
Dec 15, 2016
Sold by
Gamache Rene E
Bought by
Cool Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
3.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Washington 8 Llc $340,000 Van Hook Thomas L
Cool Investment Properties Llc $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washington 8 Llc $272,000
Previous Owner Cool Investment Properties Llc $131,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2022 07/25/22 Sold $340,000 -12.8% $105 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $389,900 -- $121 / Sq Ft
Source: RMLS Alliance

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 $7,600 $97,245 $3,722 $93,523
2023 $7,114 $88,566 $3,390 $85,176
2022 $3,017 $37,010 $3,198 $33,812
2021 $2,962 $35,932 $3,105 $32,827
2020 $3,061 $35,932 $3,105 $32,827
2019 $3,080 $35,932 $3,105 $32,827
2018 $3,003 $35,090 $3,032 $32,058
2017 $2,299 $26,517 $2,915 $23,602
2016 $2,259 $25,997 $2,858 $23,139
2015 $2,238 $26,634 $2,858 $23,776
2014 $2,238 $26,634 $2,858 $23,776
2013 -- $26,634 $2,858 $23,776
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sandra Alexander

    Coldwell Banker Cornerstone

    (217) 732-8353

    1 in this area

    55 Total Sales

    Sandra Alexander
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1012739

RMLS Alliance

APN: 07-35-105-001

Illinois De Witt County Clinton 61727

502 E Washington St Unit 8, Clinton, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.