Seller's Agent in 2021
Brian Wood
Cross Davidson Real Estate
(618) 201-9509
150 Total Sales
606 N Main St Woodlawn, IL 62898
Estimated Value: $203,751
7
Beds
5
Baths
4,680
Sq Ft
$44/Sq Ft
Est. Value
About This Home
As of August 2021Downtown Woodlawn is the location of this multi-family investment property. The base tenant is the US Postal Service on the main level. In addition, three income producing apartments are on two levels; one on the main level and two on the second level. A multi-year lease was renewed for the commercial space on the ground level. The apartments have consistently remained occupied resulting in a 0% vacancy rate for years. The first level apartment just received a $10,000 full update with new flooring, paint, Kitchen cabinets and countertops, bath fixtures, lighting and more. A modern style and monthly rent increasing to $725. All maintenance on the building is current with system updates or replacements as needed, no question. Loaded with value and an income stream this one just makes sense.
Last Agent to Sell the Property
Cross Davidson Real Estate License #471017028 Listed on: 01/17/2016
Last Buyer's Agent
Jeana Shelton
Cross Davidson Real Estate License #475194787
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,156
Year Built
- Built in 1914
Lot Details
- 5,271
Schools
- Woodlawn Elementary School
- Woodlawn High School
Additional Features
- 2-Story Property
- Cable TV Available
Listing and Financial Details
- Tenant pays for gas & electric
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 26, 2024
Sold by
Troyer Leon J and Troyer Sharon L
Bought by
Derksen Ronald and Derksen Lisa
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
$127,182
Outstanding Balance
$124,934
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$78,817
Purchase Details
Listed on
Jan 17, 2016
Closed on
Aug 13, 2021
Sold by
Rushing Rentals Llc
Bought by
Troyer Leon J and Troyer Sharon L
Seller's Agent
Brian Wood
Cross Davidson Real Estate
Buyer's Agent
Jeana Shelton
Cross Davidson Real Estate
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Purchase Details
Closed on
Jun 24, 2014
Sold by
Rushing Coy
Bought by
Rushing Rentals Llc
Purchase Details
Closed on
Aug 10, 2012
Sold by
Gaither Thomas S and Gaither Denise H
Bought by
Rushing Coy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.54%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Derksen Ronald | $170,000 | None Listed On Document | |
| Troyer Leon J | $160,000 | None Available | |
| Rushing Rentals Llc | -- | None Available | |
| Rushing Coy | $232,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Derksen Ronald | $127,182 | |
| Previous Owner | Rushing Coy | $168,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2021 08/13/21 | Sold | $160,000 | -5.9% | $34 / Sq Ft |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- |
| 06/26/2021 06/26/21 | For Sale | $170,000 | 0.0% | $36 / Sq Ft |
| 05/31/2021 05/31/21 | Pending | -- | -- | -- |
| 05/17/2021 05/17/21 | Price Changed | $170,000 | -2.9% | $36 / Sq Ft |
| 11/10/2020 11/10/20 | For Sale | $175,000 | +9.4% | $37 / Sq Ft |
| 11/01/2020 11/01/20 | Off Market | $160,000 | -- | -- |
| 07/08/2020 07/08/20 | For Sale | $175,000 | 0.0% | $37 / Sq Ft |
| 05/12/2020 05/12/20 | Pending | -- | -- | -- |
| 01/17/2016 01/17/16 | For Sale | $175,000 | -- | $37 / Sq Ft |
Source: RMLS Alliance
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 | $3,402 | $57,550 | $1,913 | $55,637 |
| 2023 | $3,477 | $57,044 | $1,407 | $55,637 |
| 2022 | $2,181 | $31,835 | $748 | $31,087 |
| 2021 | $2,230 | $31,835 | $748 | $31,087 |
| 2020 | $2,106 | $29,752 | $699 | $29,053 |
| 2019 | $2,129 | $29,752 | $699 | $29,053 |
| 2018 | $2,286 | $29,752 | $699 | $29,053 |
| 2017 | $2,304 | $29,752 | $699 | $29,053 |
| 2016 | $2,298 | $29,752 | $699 | $29,053 |
| 2015 | $2,312 | $29,752 | $699 | $29,053 |
| 2014 | $1,094 | $29,752 | $699 | $29,053 |
| 2013 | $1,094 | $21,809 | $692 | $21,117 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Wood
-
J
Buyer's Agent in 2021
Jeana Shelton
Cross Davidson Real Estate
Map
Source: RMLS Alliance
MLS Number: RMAEB433347
APN: 06-19-355-013
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