NOT LISTED FOR SALE

551 Elm Ave Neoga, IL 62447

Estimated Value: $196,657

8 Beds
4 Baths
3,300 Sq Ft
$60/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $133,333 $40 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,342/month

259 Days on Market

About This Home

As of June 2019

Excellent investment opportunity! Apartment building with 4, 2 bed, 1 bath units. Move in ready condition. Make your appointment today to look at this great offering.

Last Agent to Sell the Property

Karol Scrimager

Century 21 KIMA Properties License #475154758 Listed on: 09/16/2018

Century 21 KIMA Properties

Last Buyer's Agent

John Cowger

Coldwell Banker Classic Real Estate License #475126368

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,971

Year Built

  • Built in 1995

Lot Details

  • 10,153 Sq Ft Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Oven

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 06-07-421-005

Community Details

Overview

  • 4 Units
  • Bacon & Jennings Subdivision

Building Details

  • Operating Expense $432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,971

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: US-45 Turn Right on E 6th St- Turn Left Elm.
  • Lot Size Acres: 0.23
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Road Surface Type: Gravel
  • Building Stories: 2
  • Subdivision Name: Bacon & Jennings
  • Year Built: 1995
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Owner Pays: Trash Collection
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Other, Shingle
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Neoga Dist. 3

Lot Info

  • Lot Size Sq Ft: 10153.0
  • Parcel #: 06-07-421-005
  • Zoning: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 432.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3971.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2018
Closed on
Jul 1, 2019
Bought by
Gerkin Jordan M
Seller's Agent
Karol Scrimager
Century 21 KIMA Properties
Buyer's Agent
John Cowger
Coldwell Banker Classic Real Estate
List Price
$150,000
Sold Price
$133,333
Premium/Discount to List
-$16,667
-11.11%
Current Estimated Value
$196,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,324
Avg. Annual Appreciation
6.15%

Purchase Details

Closed on
Apr 1, 2005
Bought by
Kastl Gary
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
Gerkin Jordan M $388,000 --
Kastl Gary $135,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $133,333 -11.1% $40 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
09/16/2018 09/16/18 For Sale $150,000 -- $45 / 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 $3,175 $48,097 $1,920 $46,177
2023 $3,608 $49,906 $1,920 $47,986
2022 $3,570 $47,566 $1,830 $45,736
2021 $3,617 $49,145 $1,891 $47,254
2020 $3,615 $47,566 $1,830 $45,736
2019 $3,644 $46,809 $1,490 $45,319
2018 $3,650 $46,809 $1,490 $45,319
2017 $3,971 $46,809 $1,490 $45,319
2016 -- $46,809 $1,490 $45,319
2015 -- $46,809 $1,490 $45,319
2014 $3,582 $46,809 $1,490 $45,319
2013 $3,582 $46,809 $1,490 $45,319
2012 $3,582 $46,809 $1,490 $45,319
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Karol Scrimager

    Century 21 KIMA Properties

    (217) 258-6621

    131 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    John Cowger

    Coldwell Banker Classic Real Estate

See All Agents

Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6184051

APN: 06-07-421-005

Illinois Cumberland County Neoga 62447

551 Elm Ave, Neoga, IL

This home is located at 551 Elm Ave, Neoga, IL 62447 since 16 September 2018 and is currently estimated at $196,657, approximately $59 per square foot. This property was built in 1995. 551 Elm Ave is a home located in Cumberland County with nearby schools including Neoga Elementary School and Neoga Junior/Senior High School.

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