NOT LISTED FOR SALE

52 Hillside Ln Belleville, IL 62223

Estimated Value: $122,149 - $223,000

-- Bed
-- Bath
3,948 Sq Ft
$42/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $305,000 $77 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $1,052/month

74 Days on Market

Highlights

  • 0.65 Acre Lot
  • Brick or Stone Veneer Front Elevation
  • Forced Air Heating and Cooling System
  • Deck

About This Home

As of November 2023

Broker owned. Very nice condominiums in quiet neighborhood. Great investment income; rents easily and rents increase nicely as this property is well-maintained, up to municipal code, and updated. Excellent location with access to shopping, schools, and major highways.

Each unit is separately parceled but being sold as fourplex (entire building). All room sizes, taxes, etc apply to all 4 units within building, specifically: 52 Hillside (07-12.0-325-022), 54 (07-12.0-325-023), 56 (07.12.0-325-024), 58 (07-12.0-325-025).

PLEASE NOTE: Prior to a signed contract, only one unit (58 Hillside Lane) will be available for viewing as this unit is vacant. Available for showing requests through ShowingTime. Prior notice not required.

Last Agent to Sell the Property

Beverly Reeb

Nester Realty License #475145955 Listed on: 09/07/2023

Last Buyer's Agent

Kevin Beck

Kunkel Wittenauer Group, Inc License #475199000

Kunkel Wittenauer Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1999

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 175x125

Parking

  • Off-Street Parking

Home Design

  • 3,948 Sq Ft Home
  • Quadruplex
  • Brick or Stone Veneer Front Elevation
  • Vinyl Siding

Outdoor Features

  • Deck

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-West

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, sewer, water
  • Assessor Parcel Number 07-12.0-325-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,175

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Route 13
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 24
  • Ownership: Private
  • Year Built: 1999
  • Directions: Route 13 (Old St Louis Road) to Hillside Lane. Building is on the left.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Deck
  • Square Footage: 3948

Exterior Features

  • Construction: Brk/Stn Veneer Frnt, Vinyl Siding

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: BELLEVILLE DIST 118
  • Junior High School: BELLEVILLE DIST 118
  • School District: Belleville DIST 118
  • Senior High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 175x125
  • Lot Sq Ft: 28314
  • Acres: 0.6500

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric, Sewer, Water

Multi Family

  • Units: 1
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 1850
  • Assessor Parcel Number: 07-12.0-325-022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Nov 21, 2023
Sold by
Reeb Steve E and Reeb Beverly A
Bought by
K Ke Enterprise Llc
Seller's Agent
Beverly Reeb
Nester Realty
Buyer's Agent
Kevin Beck
Kunkel Wittenauer Group, Inc
List Price
$309,000
Sold Price
$305,000
Premium/Discount to List
-$4,000
-1.29%
Views
11
Current Estimated Value
$165,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,463
Avg. Annual Appreciation
-26.56%
Original Mortgage
$240,000
Outstanding Balance
$235,813
Interest Rate
7.5%
Mortgage Type
Commercial
Estimated Equity
-$70,276

Purchase Details

Closed on
Jul 25, 2002
Sold by
Lotz Margaret Ellen
Bought by
Reeb Stephen E and Reeb Beverly A
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
K Ke Enterprise Llc $305,000 Town & Country Title
Reeb Stephen E -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K Ke Enterprise Llc $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold $305,000 -1.3% $77 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
10/12/2023 10/12/23 Price Changed $309,000 0.0% $78 / Sq Ft
10/12/2023 10/12/23 For Sale $309,000 +1.3% $78 / Sq Ft
09/12/2023 09/12/23 Off Market $305,000 -- --
09/07/2023 09/07/23 For Sale $275,000 -- $70 / 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 $2,175 $23,692 $1,916 $21,776
2023 $1,964 $20,388 $1,899 $18,489
2022 $1,834 $18,355 $1,710 $16,645
2021 $1,775 $16,969 $1,581 $15,388
2020 $1,737 $16,047 $1,495 $14,552
2019 $1,862 $16,876 $1,572 $15,304
2018 $1,829 $16,511 $1,538 $14,973
2017 $1,829 $16,395 $1,527 $14,868
2016 $1,811 $16,047 $1,495 $14,552
2014 $1,472 $15,145 $1,411 $13,734
2013 $1,425 $15,361 $1,431 $13,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23044217

MARIS MLS

APN: 07-12.0-325-022