NOT LISTED FOR SALE

518 E 8th St Alton, IL 62002

Estimated Value: $92,000 - $144,000

Studio
4 Baths
2,274 Sq Ft
$51/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $55,000 $24 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $800/month

64 Days on Market

About This Home

As of August 2018

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4 units in this unit.

Last Agent to Sell the Property

Ginny Becker

Landmark Realty License #475128555 Listed on: 02/23/2018

Co-Listed By

BOBBY HOSFELT, JR

Tarrant and Harman Real Estate and Auction Co License #475121476

Last Buyer's Agent

Lisa Funk

RE/MAX Alliance License #471000228

RE/MAX Alliance

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • Lot Dimensions are 60 x 120

Home Design

  • 2,274 Sq Ft Home
  • Quadruplex
  • Cedar

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Alton
  • Special Description: No Exemptions
  • Age: 98
  • Ownership: Owner By Contract
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Square Footage: 2274

Exterior Features

  • Construction: Cedar/Wood

Garage/Parking

  • Parking: Off Street, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating: Forced Air

Lot Info

  • Lot Dimensions: 60 x 120

Rental Info

  • Tenancy Type: 1 or More Vacant
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Gross Operating Income: 20520.00
  • Units: 2
  • Total Expenses: 1836.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
Aug 28, 2018
Sold by
Mcnamara Michael and Mcnamara Rachel
Bought by
Trill Properties Llc
Seller's Agent
Ginny Becker
Landmark Realty
Buyer's Agent
Lisa Funk
RE/MAX Alliance
List Price
$68,900
Sold Price
$55,000
Premium/Discount to List
-$13,900
-20.17%
Current Estimated Value
$115,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,826
Avg. Annual Appreciation
10.57%
Original Mortgage
$60,000
Outstanding Balance
$52,328
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$63,498

Purchase Details

Closed on
Nov 30, 2010
Sold by
Mpm Leasing L L C
Bought by
Mcnamara Michael and Mcnamara Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,222
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2008
Sold by
Batchelor Stephen D and Batchelor Barbara J
Bought by
Mpm Leasing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2006
Sold by
Batchelor Stephen D and Batchelor Barbara J
Bought by
Batchelor Stephen D and Batchelor Barbara J
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
Trill Properties Llc $55,000 Serenity Title & Escrow Ltd
Mcnamara Michael -- Serenity Title & Escrow Ltd
Mpm Leasing Llc $78,000 Serenity Title & Escrow Ltd
Batchelor Stephen D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trill Properties Llc $60,000
Previous Owner Mcnamara Michael $251,222
Previous Owner Mpm Leasing Llc $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $55,000 -20.2% $24 / Sq Ft
04/29/2018 04/29/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $68,900 -- $30 / Sq Ft
Source: MARIS MLS

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 $2,366 $29,100 $3,530 $25,570
2023 $2,366 $26,280 $3,190 $23,090
2022 $2,223 $23,750 $2,880 $20,870
2021 $2,045 $22,320 $2,710 $19,610
2020 $1,997 $21,520 $2,610 $18,910
2019 $2,065 $21,030 $2,550 $18,480
2018 $2,010 $20,480 $2,480 $18,000
2017 $2,255 $23,310 $2,480 $20,830
2016 $2,210 $23,310 $2,480 $20,830
2015 $2,100 $23,310 $2,480 $20,830
2014 $2,100 $23,310 $2,480 $20,830
2013 $2,100 $23,940 $2,550 $21,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS18013661

MARIS MLS

APN: 23-2-07-11-20-402-033