$64,900
SOLD JAN 10, 2024

548 N 40th St Belleville, IL 62226

3 Beds
1 Bath
1,350 Sq Ft
0.29 Acres

Recently Sold

$48 Per Sq Ft

13% Below List Price

16 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Combination Kitchen and Dining Room

About This Home

As of January 2024

1.5 story 3 bed 1 bath home needing some TLC. Some of the work has been done just needs to be completed. 32x26 detached garage. Being sold in As Is condition. Seller will make no repairs.

Last Agent to Sell the Property

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 12/06/2023

Last Buyer's Agent

Ashlee Klump

The Jackson Group Real Estate License #475199563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,911

Year Built

  • Built in 1959

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • 1.5-Story Property
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 08-08.0-318-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,911

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1.5 Story
  • Special Description: No Exemptions
  • Age: 65
  • Ownership: Bank
  • Year Built: 1959
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full
  • Dining Room: Kitchen/Dining Combo
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Total Living Area: 1350.00
  • Bathrooms: 1.00
  • Bedrooms: 3.00
  • Room Cnt: 6
  • Square Footage: 1350
  • Total Full Baths: 1

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Garage Size: 32x26
  • Garage Spaces: 2
  • Parking: Attached Garage

Utilities

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

Schools

  • School District: Belleville DIST 118
  • Elementary School: BELLEVILLE DIST 118
  • Middle School: BELLEVILLE DIST 118
  • High School: Belleville High School-West
  • 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: See Plat
  • Lot Sq Ft: 12632
  • Acres: 0.2900

Tax Info

  • Taxes Paid: 3590
  • Taxes Paid Year: 2022
  • Assessor Parcel Number: 08-08.0-318-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Turnbow Investments Llc
Bought by
Turn Key Property Providers Llc
Total Days on Market
16

Purchase Details

Listed on
Dec 6, 2023
Closed on
Jan 8, 2024
Sold by
Citizens Community Bank
Bought by
Turnbow Investments Llc
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Ashlee Klump
The Jackson Group Real Estate
List Price
$74,900
Sold Price
$64,900
Premium/Discount to List
-$10,000
-13.35%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.71%
Original Mortgage
$94,900
Interest Rate
6.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2023
Sold by
D D M Investments Inc
Bought by
Citizens Community Bank

Purchase Details

Closed on
Oct 3, 2014
Sold by
Citizens Community Bank
Bought by
D D M Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 3, 2013
Sold by
Marchand Investments Llc
Bought by
Citizens Community Bank

Purchase Details

Closed on
Feb 15, 2006
Sold by
Marchand Steven W and Marchand Shanon
Bought by
Marchand Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 15, 2005
Sold by
Sauzek Jerome
Bought by
Marchand Steven and Marchand Shanon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,215
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $65,000 None Available
Warranty Deed -- None Available
Deed In Lieu Of Foreclosure -- None Available
Warranty Deed $20,000 None Available
Legal Action Court Order -- None Available
Quit Claim Deed -- Metro East Title Corporation
Warranty Deed $58,000 Metro East Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $94,900 Commercial
Previous Owner $66,275 Commercial
Previous Owner $25,000 Commercial
Previous Owner $15,000 Construction
Previous Owner $51,801 Stand Alone Refi Refinance Of Original Loan
Previous Owner $16,500 Unknown
Previous Owner $76,500 Fannie Mae Freddie Mac
Previous Owner $49,215 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Price Changed $169,900 +7.6% $126 / Sq Ft
05/19/2025 05/19/25 For Sale $157,900 +143.3% $117 / Sq Ft
01/10/2024 01/10/24 Sold $64,900 -13.4% $48 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $74,900 -- $55 / 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 $3,911 $41,669 $6,629 $35,040
2022 $3,590 $37,513 $5,968 $31,545
2021 $3,458 $34,679 $5,517 $29,162
2020 $3,361 $32,795 $5,217 $27,578
2019 $3,437 $33,177 $5,226 $27,951
2018 $3,361 $32,460 $5,113 $27,347
2017 $1,688 $32,232 $5,077 $27,155
2016 $3,293 $31,547 $4,969 $26,578
2014 $3,177 $34,362 $6,234 $28,128
2013 $3,144 $34,853 $6,323 $28,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23070856

MARIS MLS

APN: 08-08.0-318-002