NOT LISTED FOR SALE

702 State Highway 109 Jerseyville, IL 62052

16 Beds
4 Baths
7,832 Sq Ft
0.43 Acres

Last Sold May 17, 2022

Last sale price $467,000 $60 Per Sq Ft

10 Days on Market

Highlights

  • Great Room
  • Central Air
  • Baseboard Heating
  • Eat-In Kitchen

About This Home

As of May 2022

A great investment in the heart of Jerseyville are these two apartment buildings. One building has 4 two bedroom units and the second has 8 one bedroom units, all on one lot.The two bedroom units have two bedrooms, living room, bathroom and spacious eat-in kitchen with central air conditioning for each unit. The one bedroom units have a living room, bedroom, bath and efficiency kitchen with window air conditioning units. Tenant pays electric, water and sewer. Each unit has one parking space with on street parking also available. These well maintained apartments are a great opportunity and within walking distance of Walgreens and Downtown Jerseyville. 48 Notice required, all units are occupied.

Last Agent to Sell the Property

Rick Lauschke

Coldwell Banker Brown Realtors License #471.000992 Listed on: 03/14/2022

Coldwell Banker Brown Realtors

Last Buyer's Agent

Rick Lauschke

Coldwell Banker Brown Realtors License #471.000992 Listed on: 03/14/2022

Coldwell Banker Brown Realtors

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1962

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 115 x 161.5

Home Design

  • Vinyl Siding

Interior Spaces

  • 7,832 Sq Ft Home
  • Great Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 1 Parking Space Included
  • On-Street Parking

Schools

  • Jersey Dist 100 Elementary And Middle School
  • Jerseyville High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Buildings
  • 12 Units
  • Low-Rise Condominium

Listing and Financial Details

  • Tenant pays for electric, sewer, water
  • Assessor Parcel Number 04-354-011-00

Property Details

Home Type

Apartment

Year Built

Built in 1962

Lot Details

0.43 Acres

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apt Bldg/Exterior En
  • Cross Street: Andrew Avenue
  • Special Description: No Exemptions
  • Age: 60
  • Ownership: Private
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 7832

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: 1 Space/Unit, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric, Window Unit(s)
  • Heating: Baseboard

Schools

  • Elementary School: JERSEY DIST 100
  • Junior High School: JERSEY DIST 100
  • School District: Jersey DIST 100
  • Senior High School: Jerseyville

Lot Info

  • Lot Dimensions: 115 x 161.5
  • Lot Sq Ft: 18557
  • Location: City
  • Acres: 0.4260

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: Electric, Sewer, Water

Multi Family

  • Building Info: Smoke/Alarm Detector
  • Building Number: 2
  • Total Units: 12

Tax Info

  • Taxes Paid: 7237
  • Assessor Parcel Number: 04-354-011-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2022
Sold by
Dunford Brian
Bought by
702 State Hwy 109 Llc

Purchase Details

Listed on
Mar 14, 2022
Closed on
May 17, 2022
Sold by
Declaration Of Trust
Bought by
Dunford Brian
Seller's Agent
Rick Lauschke
Coldwell Banker Brown Realtors
Buyer's Agent
Rick Lauschke
Coldwell Banker Brown Realtors
List Price
$425,000
Sold Price
$467,000
Premium/Discount to List
$42,000
9.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,600
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2019
Sold by
Swearingin Robert G and Swearingin Carol
Bought by
Carol Swearingin T
Source: Public Records
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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
702 State Hwy 109 Llc -- --
Dunford Brian $467,000 Preferred Title
Carol Swearingin T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dunford Brian $373,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $467,000 +9.9% $60 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $425,000 -- $54 / Sq Ft
Source: MARIS MLS

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 $8,427 $108,850 $21,125 $87,725
2023 $8,081 $101,730 $19,745 $81,985
2022 $7,808 $95,075 $18,455 $76,620
2021 $7,531 $90,120 $17,495 $72,625
2020 $7,134 $86,650 $16,820 $69,830
2019 $7,134 $84,535 $16,410 $68,125
2018 $6,908 $83,910 $16,290 $67,620
2017 $7,021 $83,285 $16,170 $67,115
2016 $7,051 $83,860 $16,280 $67,580
2015 -- $85,140 $16,530 $68,610
2014 -- $85,270 $16,555 $68,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22012591

MARIS MLS

APN: 04-354-011-00

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