NOT LISTED FOR SALE

711 Central Ave Alton, IL 62002

Estimated Value: $50,715 - $70,000

Studio
-- Bath
-- Sq Ft
5,619 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $40,000

Est. 51% increase in value since last sale

Current estimated payment $433/month

166 Days on Market

About This Home

As of April 2022

Investment opportunity start cash flowing your future. 4 unit apartment complex, all 1 bed 1 bath units, 2 of the units have updated flooring and paint. Set your appointment today!!!

Last Agent to Sell the Property

Julie Jacobs

Market Pro Realty, Inc License #475187232 Listed on: 10/22/2021

Last Buyer's Agent

Julie Jacobs

Market Pro Realty, Inc License #475187232 Listed on: 10/22/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 47.5x120

Home Design

  • Quadruplex

Schools

  • Alton Dist 11 Elementary And Middle School
  • Alton High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric
  • Assessor Parcel Number 23-2-07-12-18-303-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 77
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage Unknown: Yes

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: 1 Window/Wall
  • Heating: Forced Air

Schools

  • Elementary School: ALTON DIST 11
  • Junior High School: ALTON DIST 11
  • School District: Alton DIST 11
  • Senior High School: Alton

Lot Info

  • Lot Dimensions: 47.5x120

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric

Multi Family

  • Gross Operating Income: 22848.00
  • Units: 4
  • Total Expenses: 3535.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 1136
  • Assessor Parcel Number: 23-2-07-12-18-303-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Apr 4, 2022
Sold by
Prajan Realty Services Llc
Bought by
Sun Nation Illinois Llc and Sun Nation Invil Llc
Seller's Agent
Julie Jacobs
Market Pro Realty, Inc
Buyer's Agent
Julie Jacobs
Market Pro Realty, Inc
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Current Estimated Value
$60,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,429
Avg. Annual Appreciation
11.34%
Original Mortgage
$32,000
Outstanding Balance
$29,942
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$30,487

Purchase Details

Closed on
Jun 23, 2017
Sold by
Pickering John R and Pickering Jae Y
Bought by
Prajan Realty Services Llc

Purchase Details

Closed on
Jun 21, 2012
Sold by
Pickering John R and Pickering Jae Y
Bought by
Pickering John R and Pickering Jae Y
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sun Nation Illinois Llc $40,000 Serenity Title & Escrow
Prajan Realty Services Llc $34,000 Community Title
Pickering John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Nation Illinois Llc $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2022 04/06/22 Sold $40,000 -20.0% --
10/20/2021 10/20/21 For Sale $50,000 -- --
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 $1,345 $16,540 $1,970 $14,570
2023 $1,345 $14,940 $1,780 $13,160
2022 $1,264 $13,510 $1,610 $11,900
2021 $1,163 $12,690 $1,510 $11,180
2020 $1,136 $12,240 $1,460 $10,780
2019 $1,174 $11,960 $1,430 $10,530
2018 $1,143 $11,650 $1,390 $10,260
2017 $1,127 $11,650 $1,390 $10,260
2016 $1,105 $11,650 $1,390 $10,260
2015 $1,050 $11,650 $1,390 $10,260
2014 $1,050 $11,650 $1,390 $10,260
2013 $1,050 $11,970 $1,430 $10,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21075478

MARIS MLS

APN: 23-2-07-12-18-303-011