NOT LISTED FOR SALE

514 N Lebanon St Unit 514 & 518 Mascoutah, IL 62258

Estimated Value: $214,000 - $308,680

-- Bed
-- Bath
2,104 Sq Ft
$124/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $121,500 $58 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,885/month

66 Days on Market

About This Home

As of December 2016

Investment property in Mascoutah. The two bedroom units have carports and basements. 514 has two bedrooms, one bath with an option for an additional bath in the basement. The great room also has a fireplace. Kitchen has a gas range and refrigerator. Ample closet space. The master bedroom also has an enclosed porch that is great for relaxing.
518 also has two bedrooms and one bath. Full basement and carport. The kitchen has a gas cook top, oven and refrigerator. Both units are currently leased for $725 and $750. Tenant pays all utilities and lawn care.

Last Agent to Sell the Property

Linda Linder

Strano & Associates License #475.091895 Listed on: 07/07/2016

Last Buyer's Agent

Connie Kappert

RE/MAX Signature Properties License #475139449

RE/MAX Signature Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,218

Year Built

  • 1962

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 142x100

Parking

  • Carport

Interior Spaces

  • Storage Room
  • Basement

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,218

Year Built

1962

Lot Details

0

Listing Details

  • Municipality Township: Mascoutah
  • Special Description: Tax Exemptions, Owner Occupied
  • Age: 52
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Misc Features: Basement, Storage Room Avail

Exterior Features

  • Exterior Features: Brick Veneer Predom, Cedar/Wood

Garage/Parking

  • Parking: 1-2 Car Carport

Utilities

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

Schools

  • School District: Mascoutah DIST 19
  • Elementary School: MASCOUTAH DIST 19
  • Middle School: MASCOUTAH DIST 19
  • High School: Mascoutah

Lot Info

  • Lot Dimensions: 142x100
  • Lot Sq Ft: 16248

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 15000.00
  • Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Lane Joshua and Lane Deborah
Bought by
Zambo Llc
Current Estimated Value
$260,670

Purchase Details

Closed on
Jul 24, 2018
Sold by
Lane Joshua
Bought by
Jane Joshua and Jane Deborah

Purchase Details

Listed on
Jul 7, 2016
Closed on
Dec 21, 2016
Sold by
Woodrome Brandon and Woodrome Lisa
Bought by
Lane Joshua and Lane Deborah
Seller's Agent
Linda Linder
Strano & Associates
Buyer's Agent
Connie Kappert
RE/MAX Signature Properties
List Price
$150,000
Sold Price
$121,500
Premium/Discount to List
-$28,500
-19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$88,500
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2001
Sold by
Moellman Walter J and Moellman Dorothy E
Bought by
Woodrome Brandon and Norrenberns Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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
Zambo Llc $200,000 Town & Country Title
Jane Joshua -- Attorney
Lane Joshua $121,500 Professional Title Ins & Esc
Woodrome Brandon $92,000 Metro East Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Joshua $88,500
Previous Owner Woodrome Brandon $73,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2016 12/21/16 Sold $121,500 -19.0% $58 / Sq Ft
10/13/2016 10/13/16 For Sale $150,000 0.0% $71 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $150,000 -- $71 / 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 $6,218 $83,692 $9,282 $74,410
2023 $5,938 $76,487 $8,483 $68,004
2022 $5,892 $69,609 $7,720 $61,889
2021 $4,900 $56,922 $7,476 $49,446
2020 $4,699 $53,394 $7,013 $46,381
2019 $4,592 $53,394 $7,013 $46,381
2018 $4,500 $51,960 $6,825 $45,135
2017 $4,388 $51,368 $7,301 $44,067
2016 $4,072 $50,629 $7,196 $43,433
2014 $3,592 $49,471 $7,031 $42,440
2013 $3,940 $48,769 $6,931 $41,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16047684

MARIS MLS

APN: 10-32.0-101-022