Seller's Agent in 2015
Matt Hansen
Coldwell Banker Real Estate Group
(309) 662-9333
1 in this area
170 Total Sales
603 Hovey Ave Normal, IL 61761
Innovation District NeighborhoodEstimated Value: $78,495 - $197,000
1
Bed
1
Bath
--
Sq Ft
2,483
Sq Ft Lot
About This Home
As of October 2015Four rental houses sold as one investment, total Price for all four is $750,000 purchase for immediate rental income or buy and rebuild for maximum occupancy (addresses are 902-904 South university, 603-605 Hovey Ave Normal, IL). All houses are rented through 5/8/2016 current total rent is $9,900 per month for all four houses. Houses are located at the corner of University and Hovey Ave in Normal, IL. Agent Interest Tenants pay all utilities Tenants pay for all damages owners pay storm water fee of $46 every 2 months and dumpster fee is $45 every month
Last Agent to Sell the Property
Coldwell Banker Real Estate Group License #471020699 Listed on: 05/06/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,400
Year Built
- Built in 1929
Lot Details
- Lot Dimensions are 50x50
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Bathroom
Parking
- 1 Parking Space
- Uncovered Parking
Schools
- Glenn Elementary School
- Kingsley Jr High Middle School
- Normal Community West High Schoo
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- Normal Subdivision
- Net Operating Income $3,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 3, 2019
Sold by
Shiraz Properties Llc
Bought by
Cherry Lane Properties Llc D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$263,792
Interest Rate
4%
Estimated Equity
-$146,178
Purchase Details
Closed on
Mar 7, 2016
Sold by
Emtiaz Mohammad Ali and Emtiaz Reza
Bought by
Shiraz Properties Llc
Purchase Details
Listed on
May 6, 2015
Closed on
Oct 16, 2015
Sold by
Hansen Dwight and Hansen Cindy
Bought by
Emtiaz Mohammad Ali and Emtiaz Reza
Seller's Agent
Matt Hansen
Coldwell Banker Real Estate Group
Buyer's Agent
Liliana Taimoorazi
Coldwell Banker Real Estate Group
List Price
$105,000
Sold Price
$55,000
Premium/Discount to List
-$50,000
-47.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Purchase Details
Closed on
Nov 16, 2006
Sold by
Hageman Linda J
Bought by
Hansen Dwight and Hansen Cindy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.41%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cherry Lane Properties Llc D | $300,000 | Alliance Land Title | |
| Shiraz Properties Llc | -- | None Available | |
| Emtiaz Mohammad Ali | $55,000 | Mclean County Title | |
| Hansen Dwight | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cherry Lane Properties Llc D | $300,000 | |
| Previous Owner | Hansen Dwight | $166,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2015 10/16/15 | Sold | $55,000 | -47.6% | -- |
| 09/08/2015 09/08/15 | Pending | -- | -- | -- |
| 05/06/2015 05/06/15 | For Sale | $105,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,665 | $12,836 | $6,118 | $6,718 |
| 2022 | $1,665 | $18,536 | $4,949 | $13,587 |
| 2021 | $1,608 | $17,488 | $4,669 | $12,819 |
| 2020 | $1,599 | $17,306 | $4,620 | $12,686 |
| 2019 | $1,545 | $17,213 | $4,595 | $12,618 |
| 2018 | $1,528 | $17,030 | $4,546 | $12,484 |
| 2017 | $1,474 | $17,030 | $4,546 | $12,484 |
| 2016 | $1,458 | $17,030 | $4,546 | $12,484 |
| 2015 | $1,418 | $16,630 | $4,439 | $12,191 |
| 2014 | $1,400 | $16,630 | $4,439 | $12,191 |
| 2013 | -- | $16,630 | $4,439 | $12,191 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Hansen
-
Bruce Dillman
B
Seller Co-Listing Agent in 2015
Bruce Dillman
Keller Williams Revolution
(309) 838-8390
54 Total Sales
-
Liliana Taimoorazi
Buyer's Agent in 2015
Liliana Taimoorazi
Coldwell Banker Real Estate Group
(309) 826-5559
1 in this area
258 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10209796
APN: 14-33-201-001
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