NOT LISTED FOR SALE

509 Draco Dr Freeburg, IL 62243

Estimated Value: $156,000 - $242,000

-- Bed
-- Bath
1,664 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $178,500 $107 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,515/month

29 Days on Market

Highlights

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

About This Home

As of September 2022

Great Investment Opportunity in Freeburg. Full Brick Duplex. One Story, 2 Bedrooms, 1 Bath, Attached Garage, Full Basement on Each Side. Kitchen, Living Room, Full Bathroom, Two Bedrooms. Large Driveway, Fenced Back Yard. Great Neighborhood. Fantastic Location! Residentail Neighborhood.

Last Agent to Sell the Property

Judy Doyle

RE/MAX Preferred License #471000866 Listed on: 08/17/2022

RE/MAX Preferred

Last Buyer's Agent

Rebecca Hopkins

Re/Max Signature Properties License #475.190884

Re/Max Signature Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,166

Year Built

  • Built in 1979

Lot Details

  • 0.38 Acre Lot

Parking

  • Attached Garage

Home Design

  • 1,664 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 14-29.0-406-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,166

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Freeburg
  • Special Description: No Exemptions
  • Age: 43
  • Ownership: Private
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 1664

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: 120x130 IRR
  • Lot Sq Ft: 16466
  • Acres: 0.3780

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 18600.00
  • Units: 2
  • Total Expenses: 4250.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 4278
  • Assessor Parcel Number: 14-29.0-406-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 16, 2022
Sold by
Jdh Investments Llc
Bought by
Witt Investments Llc
Seller's Agent
Judy Doyle
RE/MAX Preferred
Buyer's Agent
Rebecca Hopkins
Re/Max Signature Properties
List Price
$178,500
Sold Price
$178,500
Views
23
Current Estimated Value
$205,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,136
Avg. Annual Appreciation
4.55%
Original Mortgage
$142,800
Outstanding Balance
$136,139
Interest Rate
4.99%
Mortgage Type
Commercial
Estimated Equity
$69,497

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jun 7, 2021
Sold by
Tadlock Philip D and Tadlock Shen A
Bought by
Jdh Investments Llc
Seller's Agent
Judy Doyle
RE/MAX Preferred
Buyer's Agent
Judy Doyle
RE/MAX Preferred
Sold Price
$144,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.27%
Original Mortgage
$115,200
Interest Rate
4.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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

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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
Witt Investments Llc $178,500 Town & Country Title
Jdh Investments Llc $144,000 Town & Country Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witt Investments Llc $142,800
Previous Owner Jdh Investments Llc $115,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $178,500 0.0% $107 / Sq Ft
08/17/2022 08/17/22 For Sale $178,500 +24.0% $107 / Sq Ft
06/07/2021 06/07/21 Sold $144,000 -- $87 / Sq Ft View Prior Sale
06/07/2021 06/07/21 Pending -- -- --
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 $5,166 $61,785 $12,273 $49,512
2023 $4,839 $57,058 $13,176 $43,882
2022 $4,634 $53,465 $12,346 $41,119
2021 $4,489 $50,334 $11,623 $38,711
2020 $4,278 $45,791 $10,574 $35,217
2019 $4,249 $47,324 $10,929 $36,395
2018 $4,179 $46,698 $10,784 $35,914
2017 $3,996 $44,649 $10,311 $34,338
2016 $3,949 $42,792 $9,882 $32,910
2014 $3,268 $39,909 $10,140 $29,769
2013 $4,359 $39,553 $10,050 $29,503
Source: Public Records

Agents Affiliated with this Home

  • Judy Doyle

    Seller's Agent in 2022

    Judy Doyle

    RE/MAX Preferred

    (618) 973-1719

    4 in this area

    207 Total Sales

    Judy Doyle
    Section Image
  • Rebecca Hopkins

    Buyer's Agent in 2022

    Rebecca Hopkins

    RE/MAX

    (618) 698-4324

    1 in this area

    120 Total Sales

    Rebecca Hopkins
    Section Image
See All Agents

Map

Source: MARIS MLS

MLS Number: MIS22050075

MARIS MLS

APN: 14-29.0-406-002

Illinois St. Clair County Freeburg 62243

509 Draco Dr, Freeburg, IL

Not Listed for Sale

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