NOT LISTED FOR SALE

Estimated Value: $184,000 - $194,710

5 Beds
4 Baths
1,159 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $125,000 $108 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,589/month

292 Days on Market

About This Home

As of December 2018

This is a double lot zoned R-4 Multifamily. (Priced @ $7.5/Sq.Ft.) Improvements consist of a large house converted into 4 units. It is on the N. E. corner of Anderson and Green in Urbana Gross Income: $24,720 Expenses: Taxes:$4369.95 Insurance:$836 Maintenance: $ 1000 Utilities:$3288 Management $1977 (8%) Net: $13,249

Last Agent to Sell the Property

Philip Fiscella

Abe Lincoln Realty License #471020370 Listed on: 02/14/2018

Last Buyer's Agent

Neil Fotzler

Abe Lincoln Realty License #471001016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,370

Lot Details

  • Lot Dimensions are 140' x 132'
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Schools

  • Urbana Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $24,720
  • Net Operating Income $13,249

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,370

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 6 IN MARTHA HUBBARD'S ADDITION
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • List Price: 134000
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Other Expenses $: 11470

Schools

  • Elementary School: URBANA ELEMENTARY SCHOOL
  • High School: URBANA HIGH SCHOOL
  • Middle/Junior School: URBANA MIDDLE SCHOOL
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: 140' X 132'
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • TenantPays: None

Multi Family

  • Net Operating Income: 13249
  • GrossIncome: 24720
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4369.5
  • Tax Year: 2016
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Dec 19, 2018
Sold by
Neil Fotzloer Enterprises Llc
Bought by
Mccoy Michael G
Seller's Agent
Philip Fiscella
Abe Lincoln Realty
Buyer's Agent
Neil Fotzler
Abe Lincoln Realty
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%
Current Estimated Value
$207,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,540
Avg. Annual Appreciation
9.02%
Original Mortgage
$106,250
Outstanding Balance
$94,863
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$126,295

Purchase Details

Closed on
Oct 8, 2013
Sold by
Fotzler Neil and Fotzler Neil
Bought by
Fotzler Neil and Fotzler F
Source: Public Records

Range of Values:

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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
Mccoy Michael G $125,000 Attorney
Fotzler Neil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccoy Michael G $66,645
Open Mccoy Michael G $106,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $125,000 -6.7% $108 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
08/03/2018 08/03/18 Price Changed $134,000 -3.6% $116 / Sq Ft
02/14/2018 02/14/18 For Sale $139,000 -- $120 / Sq Ft
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 $5,420 $55,840 $15,980 $39,860
2023 $5,420 $50,950 $14,580 $36,370
2022 $5,079 $46,920 $13,430 $33,490
2021 $4,721 $43,730 $12,520 $31,210
2020 $4,391 $40,820 $11,690 $29,130
2019 $4,266 $40,820 $11,690 $29,130
2018 $4,247 $41,110 $11,770 $29,340
2017 $4,394 $41,110 $11,770 $29,340
2016 $4,370 $41,110 $11,770 $29,340
2015 $4,418 $41,110 $11,770 $29,340
2014 $4,358 $41,110 $11,770 $29,340
2013 $4,301 $41,110 $11,770 $29,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09857630

Midwest Real Estate Data (MRED)

APN: 92-21-16-102-010