Lance Merrick
Real Broker LLC
(727) 472-4959
553 Total Sales
6 in Fairview Heights
$165K - $506K Price Range
62 Pine Trail Fairview Heights, IL 62208
Fairview Heights AreaEstimated Value: $172,476
Studio
--
Bath
2,352
Sq Ft
$73/Sq Ft
Est. Value
About This Home
As of June 2024Seize the opportunity to capitalize on this cash flow investment property. This three-unit building is conveniently located in in Fairview Heights just minutes from EVERYTHING! Recent updates include flooring and paint, but these units are well kept with long term tenants and only one vacancy. Room for investment growth as the two-bedroom units are underpriced for market rent. Unit A is a two bedroom, one bathroom, unit B is a two bedroom, one bathroom, and unit C is a one bedroom, one bathroom. Schedule a showing today to add to your portfolio or start one as this investment is too good to be true!
Last Agent to Sell the Property
Strano & Associates License #475135482 Listed on: 05/04/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,086
Year Built
- Built in 1966
Lot Details
- 11,674 Sq Ft Lot
- Lot Dimensions are 80 x 150
Home Design
- 2,352 Sq Ft Home
- Brick or Stone Veneer
- Cedar
Schools
- Grant Dist 110 Elementary And Middle School
- Belleville High School-East
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Community Details
- Net Operating Income $20,395
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 03-28.0-105-031
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2024
Closed on
Jun 11, 2024
Sold by
Bought by
Seller's Agent
Michael Santanello
Strano & Associates
Buyer's Agent
Raquel Vice
Century 21 Advantage
List Price
$159,900
Sold Price
$162,500
Premium/Discount to List
$2,600
1.63%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,976
Avg. Annual Appreciation
2.82%
Original Mortgage
$154,375
Outstanding Balance
$151,125
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$21,351
Purchase Details
Listed on
Jan 27, 2021
Closed on
Jan 27, 2021
Sold by
Bought by
Seller's Agent
Michael Santanello
Strano & Associates
Buyer's Agent
Michael Santanello
Strano & Associates
List Price
$109,900
Sold Price
$97,000
Premium/Discount to List
-$12,900
-11.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%
Original Mortgage
$67,900
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fairview Heights, IL
-
Lance Merrick
-
Marisa Lowry
Marisa Lowry
Coldwell Banker Brown Realtors
(314) 916-1479
57 Total Sales
1 in Fairview Heights
$165,000 Price
-
Gary Seid
Gary Seid
Keller Williams Marquee
(314) 582-2798
190 Total Sales
2 in Fairview Heights
$205K - $344K Price Range
-
Connie Winkeler
Connie Winkeler
Coldwell Banker Brown Realtors
(618) 491-6232
56 Total Sales
1 in Fairview Heights
$450,000 Price
-
Julie Sajich
Julie Sajich
Responds QuicklyElevate Illinois Realty
(618) 491-6491
70 Total Sales
1 in Fairview Heights
$65,000 Price
-
Tracy Bowker
Tracy Bowker
Coldwell Banker Brown Realtors
(618) 228-3551
63 Total Sales
1 in Fairview Heights
$249,443 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $162,500 | Professional Title & Escrow | ||
| $97,000 | Community Title Shiloh Llc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $154,375 | ||
| Previous Owner | $67,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/14/2024 06/14/24 | Pending | -- | -- | -- | |
| 06/13/2024 06/13/24 | Sold | $162,500 | +1.6% | $69 / Sq Ft | |
| 05/04/2024 05/04/24 | For Sale | $159,900 | +64.8% | $68 / Sq Ft | |
| 01/27/2021 01/27/21 | Sold | $97,000 | -11.7% | $41 / Sq Ft | View Prior Sale |
| 01/27/2021 01/27/21 | Pending | -- | -- | -- | |
| 01/27/2021 01/27/21 | For Sale | $109,900 | -- | $47 / Sq Ft |
Source: MARIS MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,246 | $41,132 | $5,377 | $35,755 |
| 2023 | $3,086 | $36,394 | $4,758 | $31,636 |
| 2022 | $3,090 | $35,672 | $4,663 | $31,009 |
| 2021 | $2,950 | $33,857 | $4,426 | $29,431 |
| 2020 | $2,901 | $32,070 | $4,192 | $27,878 |
| 2019 | $2,804 | $32,070 | $4,192 | $27,878 |
| 2018 | $2,831 | $32,394 | $4,482 | $27,912 |
| 2017 | $1,376 | $31,079 | $4,300 | $26,779 |
| 2016 | $2,789 | $30,377 | $4,203 | $26,174 |
| 2014 | $1,057 | $26,099 | $4,047 | $22,052 |
| 2013 | $2,228 | $26,581 | $4,122 | $22,459 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Santanello
Seller's Agent in 2024
Michael Santanello
Strano & Associates
(618) 580-4904
182 Total Sales
-
Raquel Vice
Buyer's Agent in 2024
Raquel Vice
Century 21 Advantage
(618) 978-0519
272 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS24027466
APN: 03-28.0-105-031
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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