NOT LISTED FOR SALE

551 Elm Ave Neoga, IL 62447

Estimated Value: $204,574

8 Beds
4 Baths
3,300 Sq Ft
$62/Sq Ft Est. Value

Last Sold June 28, 2019

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

Est. 53% increase in value since last sale

Current estimated payment $1,328/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

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
$204,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,241
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Apr 1, 2005
Bought by
Kastl Gary
Source: Public Records
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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 List to Sale Price per Sq Ft
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

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

    143 Total Sales

    Karol Scrimager
    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

Not Listed for Sale

MultiFamily

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