NOT LISTED FOR SALE
8 Beds
6 Baths
-- Sq Ft
1890 Built

Sale Details

Date Sold: November 2, 2022

Last sale price $260,000

126 Days on Market

About This Home

As of November 2022

Investors take a look at this 5 unit apartment building in pristine condition. Possibility are endless... Live in the larger apartment and rent the others. 5 Refrigerators, 5 stoves and a new coin operated machine for the convenience of tenants. Off street parking. Call for a private showing. Close to interstate roads ! Don't miss this great opportunity !

Last Agent to Sell the Property

Jennie McLaughlin

RE/MAX Hub City License #475129787 Listed on: 05/06/2022

RE/MAX Hub City

Last Buyer's Agent

Janet Tunget

Realty Executives Midwest License #475123434

Realty Executives Midwest
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,499

Year Built

  • Built in 1890

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Lot Details

  • Lot Dimensions are 66 x 124

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

Overview

  • 5 Units

Building Details

  • Fuel Expense $1,489
  • Insurance Expense $1,169
  • Trash Expense $484
  • Water Sewer Expense $3,947
  • Operating Expense $25,966
  • Gross Income $43,620
  • Net Operating Income $14,154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,499

Year Built

Built in 1890

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1890
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Room: 0

Exterior Features

  • Roof: Composition

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Individual, Window Unit(s)
  • Heat/Ventilation: Forced Air,Gas,Hot Water

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 484
  • Water Sewer Expenses: 3947

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66 X 124

Rental Info

  • Tenant Pays: None
  • Board Number: 19

Multi Family

  • Net Operating Income: 14154
  • Fuel Expense: 1489
  • Insurance Expense: 1169
  • GrossIncome: 43620
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 25966
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 3499.14
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Nov 2, 2022
Sold by
Bought by
Seller's Agent
Jennie McLaughlin
RE/MAX Hub City
Buyer's Agent
Janet Tunget
Realty Executives Midwest
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$84,544
Interest Rate
4.57%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$260,000 Nlt Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/02/2022 11/02/22 Sold $260,000 -3.7% --
09/10/2022 09/10/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $270,000 -3.6% --
05/24/2022 05/24/22 Price Changed $280,000 -5.1% --
05/06/2022 05/06/22 For Sale $295,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,657 $703,580 $562,864 $140,716
2024 $8,562 $689,785 $551,828 $137,957
2023 $8,398 $676,260 $541,008 $135,252
2022 $8,009 $663,000 $530,400 $132,600
2021 $7,911 $650,000 $520,000 $130,000
2020 $6,255 $498,766 $319,423 $179,343
2019 $6,012 $488,987 $313,160 $175,827
2018 $5,897 $479,400 $307,020 $172,380
2016 $4,845 $395,000 $269,400 $125,600
2015 $3,999 $324,000 $221,000 $103,000
2014 $4,097 $324,000 $221,000 $103,000
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11396573

Midwest Real Estate Data (MRED)
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