NOT LISTED FOR SALE

643 E 1st St Coal City, IL 60416

Estimated Value: $234,000 - $281,000

4 Beds
2 Baths
-- Sq Ft
0.36 Acres

Last Sold August 28, 2020

Last sale price $155,000

Est. 68% increase in value since last sale

Current estimated payment $1,849/month

336 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Ceiling Fan
  • Coal City Intermediate School Rated A-
  • Patio
  • Baseboard Heating

About This Home

As of August 2020

ATTENTION INVESTORS! Immediate income opportunity! Possible potential monthly rental of $850 per side. Units only share a garage wall. 2015-2016 updates include: architectural shingled roof, windows, maintenance free siding, exterior doors, and some plumbing. Long term tenants are currently month to month. Many possibilities with these units including extended family/ in law arrangement or live in one side and rental the other. Unit 645's garage is extended and heated with additional 8x10 loft storage. Building sits on a huge lot and includes driveway parking for 6-8 cars. Call today for a private showing or information on obtaining financing!

Last Agent to Sell the Property

Katrina Fisher Provance

MIchael J Onorato License #475168663 Listed on: 07/29/2019

Last Buyer's Agent

Aaron Tidmore

RE/MAX Ultimate Professionals License #475145343

RE/MAX Ultimate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,166

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 185x171x253
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Duplex
  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Crawl Space
  • Storm Screens

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Patio
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,166

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.36
  • Lot Dimensions: 185X171X253
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4166.06
  • Tax Year: 2017

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Aug 27, 2020
Sold by
Phillips Adam M and Phillips Christine
Bought by
Redman Mark A
Seller's Agent
Katrina Fisher Provance
MIchael J Onorato
Buyer's Agent
Aaron Tidmore
RE/MAX Ultimate Professionals
List Price
$167,500
Sold Price
$155,000
Premium/Discount to List
-$12,500
-7.46%
Current Estimated Value
$261,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,102
Avg. Annual Appreciation
10.22%
Original Mortgage
$152,192
Outstanding Balance
$134,378
Interest Rate
2.63%
Mortgage Type
FHA
Estimated Equity
$126,724
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Redman Mark A $155,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redman Mark A $152,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $155,000 -1.0% --
06/29/2020 06/29/20 Pending -- -- --
09/23/2019 09/23/19 Price Changed $156,500 -6.6% --
07/29/2019 07/29/19 For Sale $167,500 -- --
Source: Midwest Real Estate Data (MRED)

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 $5,815 $79,220 $19,630 $59,590
2023 $5,440 $74,114 $18,365 $55,749
2022 $4,682 $69,428 $17,204 $52,224
2021 $4,456 $65,622 $16,261 $49,361
2020 $4,651 $64,303 $15,934 $48,369
2019 $4,486 $60,663 $15,032 $45,631
2018 $4,431 $60,777 $15,060 $45,717
2017 $4,166 $58,581 $14,516 $44,065
2016 $4,104 $58,157 $14,411 $43,746
2015 $3,767 $56,233 $13,934 $42,299
2014 $3,704 $55,337 $13,712 $41,625
2013 $3,715 $56,380 $13,970 $42,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10467206

Midwest Real Estate Data (MRED)

APN: 06-35-384-004