NOT LISTED FOR SALE

619 E 7th St Alton, IL 62002

Estimated Value: $118,640 - $175,000

-- Bed
2 Baths
-- Sq Ft
6,643 Sq Ft Lot

Last Sold January 05, 2023

Last sale price $150,000

Est. 3% increase in value since last sale

Current estimated payment $1,075/month

68 Days on Market

Highlights

  • Balcony
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Attached Garage

About This Home

As of January 2023

Don't miss the chance to add this cash flowing rental property to your passive income portfolio! This all brick, fully occupied 3 unit property has well established tenants who are consistent and dependable. With some of the units recently remodeled, this building consists of a 2 bedroom, a 1 bedroom, and an efficiency unit. While also close enough to all the downtown Alton amenities has to offer, this property is nestled in a well established quiet neighborhood. This building is atop a large corner lot and has an attached single car garage. Call your favorite realtor today!

Last Agent to Sell the Property

Alicia Franck

Keller Williams Marquee License #475.184686 Listed on: 10/28/2022

Keller Williams Marquee

Last Buyer's Agent

Bradley Hasquin

eXp Realty License #475191838

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,113

Year Built

  • Built in 1977

Lot Details

  • 6,643

Home Design

  • Duplex
  • Brick or Stone Mason

Parking

  • Attached Garage
  • On-Street Parking

Schools

  • Alton Dist 11 Elementary And Middle School
  • Alton High School

Utilities

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

Additional Features

  • Balcony
  • 6,643 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 23-2-07-12-17-303-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,113

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Alton
  • Special Description: No Exemptions
  • Age: 46
  • Ownership: Private
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Balcony, Basement
  • Square Footage Unknown: Yes

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: 1-2 Car Attached Grg, On Street Parking

Utilities

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

Schools

  • School District: Alton DIST 11
  • Elementary School: ALTON DIST 11
  • Middle School: ALTON DIST 11
  • High School: Alton
  • Elementary School: ALTON DIST 11
  • Junior High School: ALTON DIST 11
  • School District: Alton DIST 11
  • Senior High School: Alton

Lot Info

  • Lot Dimensions: 72.2X92X IRR
  • Lot Sq Ft: 6643
  • Acres: 0.1525

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Operating Income: 26340.00
  • Units: 3
  • Total Expenses: 20693.00
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2691
  • Assessor Parcel Number: 23-2-07-12-17-303-013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Jan 5, 2023
Sold by
Grey Andrea and Grey Joshua
Bought by
Corla Martin Properties Llc
Seller's Agent
Alicia Franck
Keller Williams Marquee
Buyer's Agent
Bradley Hasquin
eXp Realty
List Price
$170,000
Sold Price
$150,000
Premium/Discount to List
-$20,000
-11.76%
Views
66
Current Estimated Value
$153,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,910
Avg. Annual Appreciation
0.93%
Original Mortgage
$165,000
Outstanding Balance
$160,034
Interest Rate
6.75%
Mortgage Type
Construction
Estimated Equity
-$6,124

Purchase Details

Closed on
Aug 20, 2021
Sold by
Lorch Scott N and Lorch Deborah A
Bought by
Grey Andrea and Grey Joshua
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
Corla Martin Properties Llc $150,000 Maverick Title
Grey Andrea $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corla Martin Properties Llc $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2023 01/05/23 Sold $150,000 -6.2% --
01/05/2023 01/05/23 Pending -- -- --
11/29/2022 11/29/22 Price Changed $159,900 -5.9% --
10/28/2022 10/28/22 For Sale $170,000 -- --
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 $3,113 $38,290 $3,300 $34,990
2023 $3,113 $34,580 $2,980 $31,600
2022 $2,925 $31,260 $2,690 $28,570
2021 $2,691 $29,380 $2,530 $26,850
2020 $2,629 $28,330 $2,440 $25,890
2019 $2,718 $27,680 $2,380 $25,300
2018 $2,646 $26,960 $2,320 $24,640
2017 $2,502 $25,860 $2,320 $23,540
2016 $2,452 $25,860 $2,320 $23,540
2015 $2,330 $25,860 $2,320 $23,540
2014 $2,330 $25,860 $2,320 $23,540
2013 $2,330 $26,560 $2,380 $24,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22070085

MARIS MLS

APN: 23-2-07-12-17-303-013