NOT LISTED FOR SALE

705 S Valley Rd Unit 2 Carbondale, IL 62901

Estimated Value: $143,934 - $182,000

1 Bed
2 Baths
2,793 Sq Ft
$56/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $125,000 $45 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $979/month

423 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • High Speed Internet
  • Carbondale Community High School Rated A

About This Home

As of September 2023

Great investment opportunity. One unit has a nice shed with a garage door. Hardwood floors. Close to Shopping and SIU. Tenant occupied please allow 24 hours for showings.

Last Agent to Sell the Property

Karen Cupp

RE/MAX REALTY CENTRAL License #475134346 Listed on: 06/15/2022

RE/MAX REALTY CENTRAL

Co-Listed By

Bob Davenport

RE/MAX REALTY CENTRAL License #471019751

Last Buyer's Agent

Angela Horn

REALTY 618 LLC License #475206683

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,392

Year Built

  • Built in 1958

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • 2,793 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Parking

  • 2 Car Attached Garage
  • Carport

Schools

  • Carbondale High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 15-20-432-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,392

Year Built

Built in 1958

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1958
  • New Construction: No
  • Structure Type: Duplex
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: None
  • Interior Amenities: Cable Available, High Speed Internet

Exterior Features

  • Lot Features: Other
  • Road Surface Type: Paved
  • Construction Type: Aluminum Siding, Brick Partial
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Attached, Carport
  • Total Parking Spaces: 2

Utilities

  • Heating: Forced Air, Gas, Central Air, Gas Water Heater
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Carbondale HS

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size: .220
  • Parcel #: 15-20-432-004

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5391.78
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Oct 20, 2023
Sold by
Rakesh Komarabathuni
Bought by
Maranath Management Llc
Seller's Agent
Karen Cupp
RE/MAX REALTY CENTRAL
Buyer's Agent
Angela Horn
REALTY 618 LLC
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%
Views
125
Current Estimated Value
$156,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,484
Avg. Annual Appreciation
9.40%
Original Mortgage
$87,500
Outstanding Balance
$85,444
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$71,040

Purchase Details

Listed on
Jun 15, 2022
Closed on
Sep 26, 2023
Sold by
Korando Electric Company Inc
Bought by
Rakesh Komarabathuni and Rakesh Sarah Komarabathuni
Seller's Agent
Karen Cupp
RE/MAX REALTY CENTRAL
Buyer's Agent
Angela Horn
REALTY 618 LLC
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Outstanding Balance
$85,444
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$71,040
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
Maranath Management Llc -- None Listed On Document
Rakesh Komarabathuni -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rakesh Komarabathuni $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $125,000 -7.4% $45 / Sq Ft
03/06/2023 03/06/23 Price Changed $135,000 -2.9% $48 / Sq Ft
06/15/2022 06/15/22 For Sale $139,000 -- $50 / Sq Ft
Source: RMLS Alliance

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 $4,782 $41,962 $5,939 $36,023
2023 $5,579 $47,195 $5,380 $41,815
2022 $5,392 $43,570 $4,967 $38,603
2021 $5,313 $41,452 $4,726 $36,726
2020 $5,147 $42,186 $4,810 $37,376
2019 $4,940 $42,358 $4,829 $37,529
2018 $4,796 $44,201 $5,039 $39,162
2017 $4,825 $45,000 $5,039 $39,961
2016 $4,711 $45,000 $5,039 $39,961
2015 -- $46,550 $5,039 $41,511
2014 -- $46,550 $5,039 $41,511
2012 -- $47,500 $5,142 $42,358
Source: Public Records

Agents Affiliated with this Home

  • Karen Cupp

    Seller's Agent in 2023

    Karen Cupp

    RE/MAX

    (618) 925-4653

    28 in this area

    69 Total Sales

    Karen Cupp
    Section Image
  • Bob Davenport

    Seller Co-Listing Agent in 2023

    Bob Davenport

    RE/MAX

    (618) 924-3644

    207 in this area

    432 Total Sales

    Bob Davenport
    Section Image
  • Angela Horn

    Buyer's Agent in 2023

    Angela Horn

    REALTY 618 LLC

    (618) 924-2285

    12 in this area

    108 Total Sales

    Angela Horn
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: EB444942

RMLS Alliance

APN: 15-20-432-004

Illinois Jackson County Carbondale 62901

705 S Valley Rd Unit 2, Carbondale, IL

Not Listed for Sale

MultiFamily

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.

RMLS Alliance Based on information submitted to the MLS GRID. 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.IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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