NOT LISTED FOR SALE

601 E 3rd St Lebanon, IL 62254

Estimated Value: $156,052 - $234,000

-- Bed
-- Bath
2,280 Sq Ft
$79/Sq Ft Est. Value

Last Sold October 14, 2024

Last sale price $295,000 $129 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $1,313/month

59 Days on Market

About This Home

As of October 2024

If you are are looking for a great investment property here is 2 duplexes side by side 4 total units. The tan sided duplex is 2-bedroom units, and the white sided one is 1-bedroom units. 100% occupied.

Last Agent to Sell the Property

Jared Kues

Kues Bros. Realty, Ltd. License #475171658 Listed on: 08/15/2024

Last Buyer's Agent

Lacey and Brent Dore

RE/MAX Signature Properties License #475128953

RE/MAX Signature Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,296

Year Built

  • Built in 2008

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 150x150

Parking

  • Carport

Schools

  • Lebanon Dist 9 Elementary And Middle School
  • Lebanon High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 05-19.0-426-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,296

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2008
  • Directions: Rt 4 then East on Schuetz then South on Vine
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.26
  • Co List Office Phone: 2287395
  • Subdivision Name: Horner & Ashleys Add
  • Age: 16
  • Total Expenses: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Disclosures: Unknown, Occupancy Perm Req

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport - 1-2 Car

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: LEBANON DIST 9
  • Junior High Dist: Lebanon CUSD 9
  • High School: Lebanon
  • Middle Or Junior School: LEBANON DIST 9

Lot Info

  • Lot Dimensions: 150x150
  • Lot Size Sq Ft: 11326
  • Parcel Number: 05-19.0-426-013

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Leases

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4296

Multi Family

  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Oct 21, 2024
Sold by
Right Way Solutions Llc
Bought by
Kadlick Christopher T and Kadlick Elizabeth
Seller's Agent
Jared Kues
Kues Bros. Realty, Ltd.
Buyer's Agent
Lacey and Brent Dore
RE/MAX Signature Properties
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Views
12
Current Estimated Value
$180,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$114,737
Avg. Annual Appreciation
-33.89%
Original Mortgage
$110,625
Outstanding Balance
$109,596
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$70,667

Purchase Details

Listed on
Jul 24, 2018
Closed on
Jan 11, 2019
Sold by
Lindow Properties Llc
Bought by
Right Way Solutions Llc
Seller's Agent
Michelle Hawthorne
RE/MAX Alliance
Buyer's Agent
Jared Kues
Kues Bros. Realty, Ltd.
List Price
$445,000
Sold Price
$235,000
Premium/Discount to List
-$210,000
-47.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$199,750
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 26, 2014
Closed on
Feb 26, 2015
Sold by
Lindow Todd
Bought by
Lindow Properties Llc
Seller's Agent
Andy Robinson
Keller Williams Marquee
Buyer's Agent
Michelle Hawthorne
RE/MAX Alliance
List Price
$149,000
Sold Price
$120,000
Premium/Discount to List
-$29,000
-19.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.10%

Purchase Details

Listed on
Aug 26, 2014
Closed on
Dec 23, 2014
Sold by
Neaville Chris C and Neavill Chad W
Bought by
Lindow Todd
Seller's Agent
Andy Robinson
Keller Williams Marquee
Buyer's Agent
Michelle Hawthorne
RE/MAX Alliance
List Price
$149,000
Sold Price
$120,000
Premium/Discount to List
-$29,000
-19.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2008
Sold by
Neville Don C
Bought by
Neaville Chris C and Neavill Chad W

Purchase Details

Closed on
May 28, 2008
Sold by
Neville Cheryl J
Bought by
Neville Don
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kadlick Christopher T $147,500 Abstracts & Titles
Right Way Solutions Llc $235,000 Abstracts And Titles
Lindow Properties Llc -- None Available
Lindow Todd $100,000 Fatic
Neaville Chris C -- None Available
Neville Don -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadlick Christopher T $110,625
Previous Owner Right Way Solutions Llc $199,750
Previous Owner Lindow Todd $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2024 10/16/24 Pending -- -- --
10/14/2024 10/14/24 Sold $295,000 -1.7% $129 / Sq Ft
08/15/2024 08/15/24 For Sale $300,000 +27.7% $132 / Sq Ft
01/11/2019 01/11/19 Sold $235,000 -7.8% $104 / Sq Ft View Prior Sale
12/10/2018 12/10/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $255,000 -42.7% $112 / Sq Ft
08/03/2018 08/03/18 Price Changed $445,000 +74.5% $196 / Sq Ft
08/01/2018 08/01/18 Price Changed $255,000 -42.7% $112 / Sq Ft
07/24/2018 07/24/18 For Sale $445,000 +270.8% $196 / Sq Ft
12/29/2014 12/29/14 Sold $120,000 -19.5% $53 / Sq Ft View Prior Sale
12/29/2014 12/29/14 For Sale $149,000 -- $66 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
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
2024 $4,425 $51,896 $5,328 $46,568
2023 $4,296 $49,317 $5,063 $44,254
2022 $4,081 $45,970 $4,719 $41,251
2021 $4,223 $44,495 $4,462 $40,033
2020 $4,097 $40,416 $4,053 $36,363
2019 $3,959 $40,416 $4,053 $36,363
2018 $3,820 $39,216 $3,933 $35,283
2017 $3,301 $33,263 $3,304 $29,959
2016 $3,280 $32,999 $3,278 $29,721
2014 $2,966 $31,877 $3,167 $28,710
2013 $2,749 $34,705 $3,285 $31,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24051822

MARIS MLS

APN: 05-19.0-426-013