NOT LISTED FOR SALE

507 S Maple St West Frankfort, IL 62896

Estimated Value: $97,000 - $172,000

6 Beds
3 Baths
2,160 Sq Ft
$68/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $106,000 $49 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $929/month

185 Days on Market

About This Home

As of September 2020

Fantastic Brick Tri-plex, located on a corner lot, each with private entrance and covered carports. Newly renovated and fresh for your new ownership. Built in 1983, this has a low if ever vacancy rate, new roof in 2017, equipped kitchens, covered porch, rear patios, great tenants and a potential for higher income monthly. 2 bedrooms and 1 bath each, living room and kitchen with breakfast bar, separate utilities on each. Listed for less than appraised value, perfect for the new investors looking for extra income. Or get creative and you have a 6 bedroom/3 bath home.

Last Agent to Sell the Property

Gay Williams Morton

G. L. WILLIAMS REAL ESTATE License #471013897 Listed on: 02/28/2020

Co-Listed By

KERT WILLIAMS

G. L. WILLIAMS REAL ESTATE License #475149573

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,125

Year Built

  • Built in 1983

Lot Details

  • 9,409

Schools

  • West Frankfort Elementary School
  • West Frankfort High School

Additional Features

  • Crawl Space
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,125

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story | Triplex
  • Legal Description: Dorris, L C Lot 4 Block 6
  • Lvt Date: 02/28/2020
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number Dish Washers: 3
  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Basement: Crawl Space
  • Price Per Sq Ft: 49.07
  • Total Sq Ft: 2160

Exterior Features

  • Exterior: Brick
  • Road Access: Alley, Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Alley, Carport, Detached, On-Street Parking
  • Number Parking Spaces: 9

Utilities

  • Heating Cooling: Electric, Radiant, Central Air
  • Water Sewer: Public Sewer, Public Water

Schools

  • Elementary School: West Frankfort
  • High School: West Frankfort HS
  • Elementary School: West Frankfort
  • High School: West Frankfort HS

Lot Info

  • Estimated Lot Size: 70 x 135
  • Lot Description: Corner, Level
  • Zoning: Multi and Single family
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 18300
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 4125
  • Parcel Id Number Tax Id: 1124455009
  • Tax Year: 2018

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 18300
  • Total Number Central Air Units: 3
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 3

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $106,000 0.0% $49 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/29/2020 08/29/20 Off Market $106,000 -- --
02/28/2020 02/28/20 For Sale $109,900 -- $51 / Sq Ft
Source: RMLS Alliance

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 $5,512 $59,405 $3,355 $56,050
2023 $5,102 $54,500 $3,080 $51,420
2022 $4,884 $49,100 $2,775 $46,325
2021 $4,845 $46,325 $2,620 $43,705
2020 $4,585 $44,850 $2,535 $42,315
2019 $4,350 $44,955 $2,540 $42,415
2018 $4,125 $44,075 $2,490 $41,585
2017 $4,067 $43,200 $2,440 $40,760
2016 $4,193 $42,630 $2,410 $40,220
2015 $3,915 $42,630 $2,410 $40,220
2014 $3,779 $40,930 $2,315 $38,615
2013 $3,465 $36,875 $2,085 $34,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB433060

RMLS Alliance

APN: 11-24-455-009