NOT LISTED FOR SALE

504 Draco Dr Unit 504/506 Freeburg, IL 62243

Estimated Value: $246,000 - $303,000

-- Bed
-- Bath
1,200 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $215,500 $180 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,076/month

73 Days on Market

Highlights

  • Attached Garage
  • Freeburg Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

Adorable, well maintained duplex in the heart of Freeburg. Each side has 3 bedrooms, 2 bathrooms, a large living room and large kitchen. There is tons of cabinet space in the kitchen and the living room has vaulted ceilings. The master suite is over-sized with a walk-in closet. This property is perfect for an investor as both sides are already occupied. Tenants rights apply, must have 24 hour notice before showings.

Last Agent to Sell the Property

Kristie Moore

eXp Realty License #475171437 Listed on: 05/15/2020

eXp Realty

Last Buyer's Agent

Default Zmember

Zdefault Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,739

Year Built

  • Built in 2005

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 125x120x125x120

Parking

  • Attached Garage

Home Design

  • 1,200 Sq Ft Home
  • Duplex

Schools

  • Freeburg Dist 70 Elementary And Middle School
  • Freeburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 14-29.0-404-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,739

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 15
  • Ownership: Private
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: No Basement/Slab
  • Square Footage: 1200

Garage/Parking

  • Parking: 1-2 Car Attached Grg

Utilities

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

Schools

  • Elementary School: FREEBURG DIST 70
  • Junior High School: FREEBURG DIST 70
  • School District: Freeburg DIST 70
  • Senior High School: Freeburg

Lot Info

  • Lot Dimensions: 125x120x125x120
  • Lot Sq Ft: 14675
  • Acres: 0.3369

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 21000.00
  • Units: 1
  • Total Expenses: 7000.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 5643
  • Assessor Parcel Number: 14-29.0-404-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 27, 2020
Sold by
Sheppard William E and Sheppard Phyllis J
Bought by
Starnes William
Seller's Agent
Kristie Moore
eXp Realty
Buyer's Agent
Default Zmember
Zdefault Office
List Price
$230,000
Sold Price
$215,500
Premium/Discount to List
-$14,500
-6.3%
Current Estimated Value
$287,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,682
Avg. Annual Appreciation
5.55%
Original Mortgage
$161,625
Outstanding Balance
$115,018
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$172,164

Purchase Details

Closed on
Jun 22, 2005
Sold by
R S & D Investments Inc
Bought by
Sheppard William E and Sheppard Phyllis J

Purchase Details

Closed on
Dec 22, 2004
Sold by
Peabody Coal Co
Bought by
Rs & D Investment Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Starnes William $215,500 Attorney
Sheppard William E $34,000 Metro East Title
Rs & D Investment Inc $90,000 Metro East Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starnes William $161,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Sold $215,500 -6.3% $180 / Sq Ft
05/15/2020 05/15/20 For Sale $230,000 -- $192 / 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 $6,739 $80,597 $11,991 $68,606
2023 $6,178 $72,853 $12,886 $59,967
2022 $5,916 $68,266 $12,075 $56,191
2021 $5,731 $64,269 $11,368 $52,901
2020 $5,463 $58,468 $10,342 $48,126
2019 $5,368 $59,790 $10,688 $49,102
2018 $5,643 $63,067 $10,547 $52,520
2017 $5,397 $60,299 $10,084 $50,215
2016 $5,333 $57,791 $9,665 $48,126
2014 $4,187 $51,136 $9,917 $41,219
2013 $5,193 $50,680 $9,829 $40,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20032143

MARIS MLS

APN: 14-29.0-404-002