NOT LISTED FOR SALE

Estimated Value: $226,000 - $238,000

-- Bed
14 Baths
3,068 Sq Ft
$76/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $115,000 $37 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,655/month

37 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carbondale Community High School Rated A
  • Laundry Facilities

About This Home

As of September 2021

Great investment opportunity! 7 bedroom house with individual leases. Tenants each pay $350 a month. Tenants pay all utilities. Kitchen, living room and 3.5 bathrooms. In 2007 home hadnew plumbing, Electric, HVAC, roof, windows and doors. Close to SIU.

Last Agent to Sell the Property

Bob Davenport

RE/MAX Realty Central License #471019751 Listed on: 08/19/2021

RE/MAX Realty Central

Last Buyer's Agent

Barry Schulhofer

Strano & Associates License #475.170641

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,936

Year Built

  • Built in 1903

Lot Details

  • 10,019

Home Design

  • 3,068 Sq Ft Home
  • Asbestos Shingle Roof
  • Vinyl Siding

Schools

  • Carbondale Dist 95 Elementary And Middle School
  • Carbondale High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 15-21-332-007

Community Details

Overview

  • 7 Units
  • Low-Rise Condominium

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,936

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Age: 118
  • Ownership: Private
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Common Laundry
  • Square Footage: 3068

Exterior Features

  • Construction: Asbestos Shingle, Vinyl Siding

Utilities

  • Sewer: Public
  • Water: Public
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: CARBONDALE DIST 95
  • Elementary School: CARBONDALE DIST 95
  • Middle School: CARBONDALE DIST 95
  • High School: Carbondale
  • Elementary School: CARBONDALE DIST 95
  • Junior High School: CARBONDALE DIST 95
  • School District: CARBONDALE DIST 95
  • Senior High School: Carbondale

Lot Info

  • Lot Dimensions: .25

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Building Number: 1
  • Gross Operating Income: 31850.00
  • Total Units: 7

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 3995
  • Assessor Parcel Number: 15-21-332-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 27, 2021
Sold by
Akin Rance D and Akin Kathyrn A
Bought by
Motion Plus Investment
Seller's Agent
Bob Davenport
RE/MAX Realty Central
Buyer's Agent
Barry Schulhofer
Strano & Associates
List Price
$165,000
Sold Price
$115,000
Premium/Discount to List
-$50,000
-30.3%
Current Estimated Value
$233,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,508
Avg. Annual Appreciation
19.59%
Original Mortgage
$166,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 27, 2003
Bought by
Akin Rance
Source: Public Records

Range of Values:

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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
Motion Plus Investment $115,500 None Available
Akin Rance $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motion Plus Investment Llc $181,539
Closed Motion Plus Investment $166,000
Previous Owner Akin Rance D $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $115,000 0.0% $37 / Sq Ft
09/27/2021 09/27/21 Sold $115,000 -30.3% $37 / Sq Ft
08/19/2021 08/19/21 For Sale $165,000 0.0% $54 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $165,000 +43.5% $54 / Sq Ft
06/17/2021 06/17/21 Off Market $115,000 -- --
12/30/2020 12/30/20 For Sale $165,000 +43.5% $54 / Sq Ft
12/17/2020 12/17/20 Off Market $115,000 -- --
12/16/2020 12/16/20 For Sale $165,000 -- $54 / Sq Ft
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 $4,936 $43,310 $4,749 $38,561
2023 $4,330 $36,631 $4,302 $32,329
2022 $4,185 $33,818 $3,972 $29,846
2021 $4,124 $32,174 $3,779 $28,395
2020 $3,995 $32,744 $3,846 $28,898
2019 $3,834 $32,878 $3,862 $29,016
2018 $3,723 $34,309 $4,030 $30,279
2017 $3,745 $34,927 $4,030 $30,897
2016 $3,656 $34,927 $4,030 $30,897
2015 -- $34,874 $4,030 $30,844
2014 -- $34,874 $4,030 $30,844
2012 -- $35,585 $4,112 $31,473
Source: Public Records

Agents Affiliated with this Home

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Source: MARIS MLS

MLS Number: MIS21051236

MARIS MLS

APN: 15-21-332-007