NOT LISTED FOR SALE

Estimated Value: $68,000 - $83,000

4 Beds
3 Baths
2,838 Sq Ft
$26/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $40,000 $14 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $474/month

247 Days on Market

About This Home

As of December 2017

Turn-Key Cash-Flow! Brick 3 unit apartment, well maintained Many upgrades have been made, previously approved for Section 8 rental. Located in the Old Town Redevelopment Halfway between Millikin University and downtown Decatur. Bus stop is directly across the street. Gross income is pro-forma.

Last Agent to Sell the Property

Kathy James

Cutting Edge Realty License #471003422 Listed on: 03/28/2017

Last Buyer's Agent

Kathy James

Cutting Edge Realty License #471003422 Listed on: 03/28/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,575

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,838 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • Operating Expense $5,809

Listing and Financial Details

  • The owner pays for heat
  • Assessor Parcel Number 04-12-15-327-036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,575

Lot Details

0

Listing Details

  • Directions: South on S. Monroe to W. Decatur - <House on NW corner of Monroe & Decatur>
  • Lot Size Acres: 0.12
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Road Surface Type: Concrete
  • Building Stories: 2
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Owner Pays: Heat
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 5227.0
  • Parcel #: 04-12-15-327-036
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 5809.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1575.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
County Of Macon
Bought by
Ricahrdson Jeremy A
Current Estimated Value
$74,718

Purchase Details

Listed on
Mar 28, 2017
Closed on
Dec 4, 2017
Sold by
Donovan Draper Llc
Bought by
Jtv Decatur 15 Llc
Seller's Agent
Kathy James
Cutting Edge Realty
Buyer's Agent
Kathy James
Cutting Edge Realty
List Price
$48,000
Sold Price
$40,000
Premium/Discount to List
-$8,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%

Purchase Details

Listed on
Jun 7, 2016
Closed on
Jul 7, 2016
Sold by
Gurubbs Jason and Gurubbs Erica Torres
Bought by
Donovan Drapper Llc
Seller's Agent
Zane Peterson
Brinkoetter REALTORS®
Buyer's Agent
Kathy James
Cutting Edge Realty
List Price
$45,000
Sold Price
$42,000
Premium/Discount to List
-$3,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.35%
Original Mortgage
$42,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 29, 2007
Sold by
Moses Dow and Moses Deborah
Bought by
Grubbs Jason and Torres Grubbs Erica

Purchase Details

Closed on
Oct 31, 2006
Sold by
Jones Steven L
Bought by
Us Bank National Assn
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
Ricahrdson Jeremy A -- --
Jtv Decatur 15 Llc -- --
Donovan Drapper Llc $42,000 Attorney
Grubbs Jason $500,000 None Available
Us Bank National Assn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donovan Drapper Llc $42,000
Closed Grubbs Jason $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2017 12/11/17 Sold $40,000 -16.7% $14 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $48,000 +14.3% $17 / Sq Ft
07/08/2016 07/08/16 Sold $42,000 -6.7% $15 / Sq Ft View Prior Sale
06/08/2016 06/08/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $45,000 -- $16 / 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 $968 $10,000 $1,459 $8,541
2023 $498 $5,000 $200 $4,800
2022 $1,836 $17,952 $1,346 $16,606
2021 $1,627 $15,810 $302 $15,508
2020 $1,603 $15,076 $288 $14,788
2019 $1,603 $15,076 $288 $14,788
2018 $1,589 $15,126 $289 $14,837
2017 $1,627 $15,530 $297 $15,233
2016 $1,658 $15,688 $300 $15,388
2015 $1,575 $15,411 $295 $15,116
2014 $1,463 $15,258 $292 $14,966
2013 $1,511 $15,831 $303 $15,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6171311

APN: 04-12-15-327-036