NOT LISTED FOR SALE

540 W North St Decatur, IL 62522

Millikin Home Neighborhood

Estimated Value: $50,000 - $88,000

-- Bed
1 Bath
4,014 Sq Ft
$17/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $61,000 $15 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $366/month

32 Days on Market

About This Home

As of May 2018

Solid brick 3-story studio-room apartment building built in 1924 has its original charm with narrow hardwood floors, high ceiling solid woodwork and doors. The spacious living rooms boast bay alcove. Exhibits its original roots with telephone alcove and niches. The bathrooms have the original basket weave ceramic tile floor with most in good condition. Roof approximately three years old. Sits near the Staley Museum just off the College Street square. Near downtown and not far from Millikin University. Unit 3 is currently used as storage and utility budget billing for it is $71/mo. Utility budget billing for the building electric is $161/mo. Each unit is billed separately.

Last Agent to Sell the Property

Jim Cleveland

RE/MAX Executives Plus License #471008537 Listed on: 02/23/2018

Last Buyer's Agent

Jim Cleveland

RE/MAX Executives Plus License #471008537 Listed on: 02/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,693

Lot Details

  • 4,522 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Plaster

Interior Spaces

  • 1 Full Bathroom
  • 4,014 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Schools

  • Dennis Elementary School
  • Macarthur High School

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 04-12-15-204-023 and -020

Community Details

Overview

  • 6 Units
  • Western Add Subdivision

Building Details

  • Operating Expense $778

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,693

Lot Details

0

Listing Details

  • Directions: N Monroe. East on W North St. On corner of North and College Square.
  • Lot Size Acres: 0.1
  • Lot Size: Irregular
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Road Surface Type: None
  • Building Stories: 3
  • Subdivision Name: Western Add
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Interior Amenities: Pantry
  • Owner Pays: Trash Collection
  • Stories: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Plaster
  • Roof: Other
  • Waterfront: No
  • Foundation Details: Basement

Utilities

  • Cooling: None
  • Heating: Electric
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Dennis
  • High School: Macarthur
  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 4522.0
  • Parcel #: 04-12-15-204-023 and -020
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Annual Operating Expense: 778.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1693.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
May 1, 2018
Sold by
Peck Robert B and Peck Maureen E
Bought by
Garcia Roberto
Seller's Agent
Jim Cleveland
RE/MAX Executives Plus
Buyer's Agent
Jim Cleveland
RE/MAX Executives Plus
List Price
$64,897
Sold Price
$61,000
Premium/Discount to List
-$3,897
-6%
Current Estimated Value
$69,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,000
Avg. Annual Appreciation
1.66%
Original Mortgage
$48,800
Outstanding Balance
$42,067
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$26,933

Purchase Details

Closed on
Nov 18, 2005
Sold by
Minick Richard D and Minick Cynthia D
Bought by
Shara Hector Todd and Shara Hector
Source: Public Records

Range of Values:

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Average Value
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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
Garcia Roberto $61,000 --
Shara Hector Todd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Roberto $48,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $61,000 -6.0% $15 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $64,897 -- $16 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $61 $635 $635 $0
2023 $61 $613 $613 $0
2022 $132 $1,289 $1,289 $0
2021 $124 $1,204 $1,204 $0
2020 $122 $1,149 $1,149 $0
2019 $122 $1,149 $1,149 $0
2018 $121 $1,153 $1,153 $0
2017 $124 $1,184 $1,184 $0
2016 $126 $1,196 $1,196 $0
2015 $120 $1,175 $1,175 $0
2014 $112 $1,163 $1,163 $0
2013 $115 $1,207 $1,207 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Cleveland

    Seller's Agent in 2018

    Jim Cleveland

    RE/MAX

    (217) 433-1144

    5 in this area

    530 Total Sales

    Jim Cleveland
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6180660

APN: 04-12-15-204-020

Illinois Macon County Decatur 62522 Millikin Home

540 W North St, Decatur, IL

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