NOT LISTED FOR SALE

639 Kennedy Dr Metropolis, IL 62960

Estimated Value: $225,968 - $287,000

8 Beds
4 Baths
3,600 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $167,000 $46 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,756/month

About This Home

As of June 2020

Here is the investment opportunity you have been waiting for! Each unit of this quad-plex is is approximately 900 square feet with 2 bedrooms and 1 bathroom and have a back porch area, as well as shared entryway. New roof as well as new flooring in each unit. Refrigerator, range and dishwasher as well as washer/dryer hook up in each unit.

Last Agent to Sell the Property

JACOB COLLINS

Farmer & Co. Real Estate License #475179524 Listed on: 10/24/2019

Last Buyer's Agent

JACOB COLLINS

Farmer & Co. Real Estate License #475179524 Listed on: 10/24/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 2004

Lot Details

  • 10,019

Home Design

  • Quadruplex

Schools

  • Massac County High School

Utilities

  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,509

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Four-Plex
  • Legal Description: W 80 FT of LOT 38 Kennedy Addition
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number Dish Washers: 4
  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Basement: Slab
  • Price Per Sq Ft: 46.39
  • Total Sq Ft: 3600

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: No Laundry Equipment, Units Hook-Ups

Schools

  • High School: Massac County
  • High School: Massac County

Lot Info

  • Estimated Lot Size: 80 x 126
  • Estimated Number of Acres: 0.23
  • Lot Description: Level
  • Zoning: Multi-Family
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Gross Annual Rent Income: 26400

Tax Info

  • Annual Taxes: 4509.42
  • Parcel Id Number Tax Id: 0801224097
  • Tax Year: 2018

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 26400
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Jun 5, 2020
Sold by
Beck Anthony and Beck Stacy
Bought by
A & E Investment Properties Llc
Seller's Agent
JACOB COLLINS
Farmer & Co. Real Estate
Buyer's Agent
JACOB COLLINS
Farmer & Co. Real Estate
List Price
$189,000
Sold Price
$167,000
Premium/Discount to List
-$22,000
-11.64%
Current Estimated Value
$257,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,242
Avg. Annual Appreciation
8.07%
Original Mortgage
$141,950
Outstanding Balance
$128,390
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$123,180

Purchase Details

Listed on
Jun 29, 2015
Closed on
Sep 16, 2015
Sold by
Federal National Mortgage Association
Bought by
Beck Anthony and Beck Stacy
Seller's Agent
Nancy Rice
OZMENT REAL ESTATE
Buyer's Agent
Stewart Weisenberger
Farmer & Co. Real Estate
List Price
$183,000
Sold Price
$160,000
Premium/Discount to List
-$23,000
-12.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.91%
Original Mortgage
$144,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2015
Sold by
Massac County Sheriff
Bought by
Federal National Mortgage Association
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
A & E Investment Properties Llc $167,000 None Available
Beck Anthony -- --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & E Investment Properties Llc $141,950
Previous Owner Beck Anthony $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $167,000 -11.6% $46 / Sq Ft
04/25/2020 04/25/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $189,000 0.0% $53 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $189,000 +18.1% $53 / Sq Ft
09/17/2015 09/17/15 Sold $160,000 -12.6% $44 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $183,000 -- $51 / Sq Ft
Source: RMLS Alliance

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 $4,618 $56,206 $11,242 $44,964
2023 $4,836 $52,920 $10,585 $42,335
2022 $4,750 $52,920 $10,585 $42,335
2021 $4,710 $52,920 $10,585 $42,335
2020 $5,130 $52,920 $10,585 $42,335
2019 $4,548 $51,925 $10,386 $41,539
2018 $4,509 $52,920 $10,585 $42,335
2017 $4,668 $52,920 $10,585 $42,335
2016 $4,307 $51,709 $10,343 $41,366
2015 $4,276 $52,920 $10,585 $42,335
2014 $4,276 $52,920 $10,585 $42,335
2013 $4,154 $52,920 $10,585 $42,335
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB431164

RMLS Alliance

APN: 08-01-224-097