NOT LISTED FOR SALE

537 S Douglas Ave Belleville, IL 62220

Estimated Value: $106,000 - $155,922

-- Bed
-- Bath
1,380 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $33,333 $24 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $901/month

9 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating and Cooling System
  • Senior Freeze Tax Exemptions

About This Home

As of May 2020

Location, location, location! This is a wonderful opportunity to own rental property in a sought-after location. Each unit has a living room and kitchen with separate dining area. Both units have a small rear deck and a separate attached storage area. Opportunity is knocking! Call today for more information. This is a Fannie Mae Property. Buyer and/or buyer agent to verify all MLS data.

Last Agent to Sell the Property

John Blasingame

Keller Williams Marquee License #471.012922 Listed on: 04/22/2020

Keller Williams Marquee

Last Buyer's Agent

Dorothy Timmons

Strano & Associates License #475135601

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1922

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 50 x 144

Parking

  • Detached Garage

Home Design

  • 1,380 Sq Ft Home
  • Duplex

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for all utilities
  • Senior Freeze Tax Exemptions
  • Assessor Parcel Number 08-26.0-102-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,470

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Belleville
  • Special Description: Senior Freeze
  • Age: 98
  • Ownership: Bank
  • Year Built: 1922
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 1380

Garage/Parking

  • Parking: 1-2 Car Detached Grg

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 50 X 144
  • Lot Sq Ft: 7275
  • Acres: 0.1670

Rental Info

  • Tenancy Type: 1 or More Vacant
  • Tenant Pays: All Utilities

Tax Info

  • Taxes Paid: 1506
  • Assessor Parcel Number: 08-26.0-102-029

Multi Family

  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
May 19, 2020
Sold by
Fannie Mae
Bought by
Moore Penelope F
Seller's Agent
John Blasingame
Keller Williams Marquee
Buyer's Agent
Dorothy Timmons
Strano & Associates
List Price
$27,000
Sold Price
$33,333
Premium/Discount to List
$6,333
23.46%
Current Estimated Value
$127,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,148
Avg. Annual Appreciation
29.05%

Purchase Details

Closed on
Feb 28, 2020
Sold by
Schalk Melodie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 31, 2006
Sold by
Kammler Ginger M
Bought by
Schalk Fred and Schalk Melodie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,982
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Kohlmeier Melvin M
Bought by
Kammler Ginger M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Moore Penelope F $33,500 Accommodation
Federal National Mortgage Association -- None Available
Schalk Fred $87,500 First American Title Insuran
Kammler Ginger M $65,000 Benedick Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Penelope F $35,000
Previous Owner Schalk Frederick $79,500
Previous Owner Schalk Fred $82,982
Previous Owner Kammler Ginger M $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $33,333 +23.5% $24 / Sq Ft
05/02/2020 05/02/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $27,000 -- $20 / 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
2023 $2,470 $32,312 $3,970 $28,342
2022 $2,210 $29,089 $3,574 $25,515
2021 $2,681 $26,892 $3,304 $23,588
2020 $1,493 $25,668 $3,124 $22,544
2019 $1,565 $26,107 $3,129 $22,978
2018 $1,506 $25,542 $3,061 $22,481
2017 $1,497 $25,363 $3,040 $22,323
2016 $1,467 $24,824 $2,975 $21,849
2014 $1,422 $26,377 $3,853 $22,524
2013 $2,414 $26,754 $3,908 $22,846
Source: Public Records

Agents Affiliated with this Home

  • John Blasingame

    Seller's Agent in 2020

    John Blasingame

    Keller Williams Marquee

    (618) 578-9565

    93 in this area

    701 Total Sales

    John Blasingame
    Section Image

  • D

    Buyer's Agent in 2020

    Dorothy Timmons

    Strano & Associates

    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS20012815

MARIS MLS

APN: 08-26.0-102-029

Illinois St. Clair County Belleville 62220

537 S Douglas Ave, Belleville, IL

This home is located at 537 S Douglas Ave, Belleville, IL 62220 since 22 April 2020 and is currently estimated at $127,481, approximately $92 per square foot. This property was built in 1922. 537 S Douglas Ave is a home located in St. Clair County with nearby schools including Douglas Elementary School, Central Jr High School, and Zion Lutheran School Belleville.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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