NOT LISTED FOR SALE
2 Beds
-- Bath
1,260 Sq Ft
0.58 Acres

Last Sold July 02, 2014

Last sale price $360,000 $286 Per Sq Ft

44 Days on Market

About This Home

As of July 2014

12 units 8 are 2 bedroom; 4 are 1 bedroom leases vary terrific location, could be owner-operator units 4-9-10 vary in size

Last Agent to Sell the Property

John Albee

BHHS Central Illinois, REALTORS License #475071164 Listed on: 04/23/2014

BHHS Central Illinois, REALTORS

Last Buyer's Agent

John Albee

BHHS Central Illinois, REALTORS License #475071164 Listed on: 04/23/2014

BHHS Central Illinois, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,005

Year Built

  • Built in 1973

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 105x240

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, sewer

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $1,145
  • Fuel Expense $6,260
  • Insurance Expense $3,212
  • Maintenance Expense $8,400
  • Manager Expense $4,925
  • Other Expense $6,930
  • Water Sewer Expense $3,577
  • Operating Expense $48,854
  • Gross Income $95,400
  • Net Operating Income $44,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,005

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1973
  • Legal Description: EIGHTH ADD TO FAIRWAY KNOLLS LOT #415
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Other,None
  • Misc Inside: Laundry Room,Inside Corridor/s

Exterior Features

  • Exterior Building Type: Brick,Wood Siding
  • Misc Outside: Patio,Sun Deck

Garage/Parking

  • Outdoor Parking: 13-18 Spaces,Paved

Utilities

  • Cooling: Window Unit(s)
  • Utilities: Water-Municipal, Sanitary Sewer
  • Heat/Ventilation: Baseboard,Hot Water,Gas

Condo/Co-op/Association

  • Manager Expense: 4925
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 3577

Lot Info

  • Lot Size Acres: 0.58
  • Lot Dimensions: 105X240
  • Lot Size Sq Ft: 25320

Rental Info

  • Tenant Pays: Electricity, Sewer
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 1260

Multi Family

  • Net Operating Income: 44876
  • Fuel Expense: 6260
  • Insurance Expense: 3212
  • ElectricExpense: 1145
  • GrossIncome: 95400
  • Maintenance Expense: 8400
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 48854
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 14005
  • Tax Year: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2016
Sold by
Williams Charles W
Bought by
Williams Charles W and The Charles W. Williams Family Trust

Purchase Details

Listed on
Apr 23, 2014
Closed on
Jun 30, 2014
Sold by
First Financial Bank Na
Bought by
Williams Janita Jo and Second Amended And Restated Janita Jo Wi
Seller's Agent
John Albee
BHHS Central Illinois, REALTORS
Buyer's Agent
John Albee
BHHS Central Illinois, REALTORS
List Price
$425,000
Sold Price
$360,000
Premium/Discount to List
-$65,000
-15.29%

Purchase Details

Closed on
Apr 3, 2014
Sold by
Arteman Keith P and Arteman Eddy M
Bought by
First Financial Bank Na

Purchase Details

Closed on
Jul 1, 2011
Sold by
Arteman Keith P and Arteman Eddy M
Bought by
Arteman Keith P and Arteman Eddy M
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
Williams Charles W -- None Available
Williams Janita Jo $360,000 None Available
First Financial Bank Na -- Central Illinois Title Co
Arteman Keith P -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2014 07/02/14 Sold $360,000 -15.3% $286 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $425,000 -- $337 / 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 $15,396 $240,138 $37,519 $202,619
2022 $15,396 $181,154 $28,303 $152,851
2021 $14,573 $171,471 $26,791 $144,680
2020 $14,534 $171,471 $26,791 $144,680
2019 $14,491 $171,471 $26,791 $144,680
2018 $14,148 $168,109 $26,266 $141,843
2017 $14,153 $168,109 $26,266 $141,843
2016 $14,128 $168,109 $26,266 $141,843
2015 $14,921 $178,044 $27,818 $150,226
2014 $14,447 $178,044 $27,818 $150,226
2013 -- $178,044 $27,818 $150,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10209745

Midwest Real Estate Data (MRED)

APN: 14-35-330-018