NOT LISTED FOR SALE

719 Hale St Normal, IL 61761

Estimated Value: $261,000 - $398,574

8 Beds
4 Baths
-- Sq Ft
1971 Built

Last Sold October 28, 2016

Last sale price $233,500

Est. 46% increase in value since last sale

Current estimated payment $2,321/month

39 Days on Market

About This Home

As of October 2016

Located on ISU Campus in a great location is this four unit apartment building with off street private parking for tenants. Currently leased.

Last Agent to Sell the Property

Camill Tedrick

RE/MAX Choice License #471002424 Listed on: 08/09/2016

RE/MAX Choice

Last Buyer's Agent

Nan Crang

Brady Realtors

Brady Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,298

Year Built

  • Built in 1971

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • Uncovered Parking

Schools

  • Glenn Elementary School
  • Kingsley Jr High Middle School
  • Normal Community West High Schoo

Additional Features

  • Deck
  • Lot Dimensions are 66 x 146
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • Illinois State U Subdivision

Building Details

  • Maintenance Expense $2,174
  • Manager Expense $3,513
  • Gross Income $45,609
  • Net Operating Income $17,593

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,298

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Illinois State U
  • Year Built: 1971
  • Age: 41-50 Years
  • Legal Description: ELVENTH ADDN TO NORMAL LOT 10 & N14' LOT 31 BLK 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Other
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • Room: 5

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 360000
  • Exterior Building Type: Brick,Steel Siding

Garage/Parking

  • ParkingTotal: 10
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Manager Expense: 3513
  • Conversion YN: N

Fee Information

  • Other Expenses $: 28015

Schools

  • Elementary School: GLENN ELEMENTARY
  • High School: NORMAL COMMUNITY WEST HIGH SCHOO
  • Middle/Junior School: KINGSLEY JR HIGH
  • Middle/Junior School District: 5

Lot Info

  • Lot Dimensions: 66 X 146

Rental Info

  • TenantPays: Electric

Multi Family

  • Net Operating Income: 17593
  • GrossIncome: 45609
  • Maintenance Expense: 2174
  • Units in Building: 4
  • Type-Multi: Other

Tax Info

  • Tax Annual Amount: 5298
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Oct 27, 2016
Sold by
Gamache Rene E and Rene E Gamache Revocable Trust
Bought by
Integrity Management & Rentals Llc
Seller's Agent
Camill Tedrick
RE/MAX Choice
Buyer's Agent
Nan Crang
Brady Realtors
List Price
$360,000
Sold Price
$233,500
Premium/Discount to List
-$126,500
-35.14%
Current Estimated Value
$340,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,644
Avg. Annual Appreciation
3.42%

Purchase Details

Closed on
Feb 22, 2008
Sold by
Chicago Title Land Trust Company
Bought by
Gamache Rene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.16%
Mortgage Type
Purchase Money Mortgage
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
Integrity Management & Rentals Llc -- --
Gamache Rene E $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ganache Rena E $210,000
Previous Owner Gamache Rene E $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $233,500 -35.1% --
09/17/2016 09/17/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $360,000 -- --
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 $6,299 $86,680 $28,035 $58,645
2022 $6,299 $70,120 $22,679 $47,441
2021 $6,084 $66,157 $21,397 $44,760
2020 $6,050 $65,470 $21,175 $44,295
2019 $5,845 $65,118 $21,061 $44,057
2018 $5,781 $64,429 $20,838 $43,591
2017 $5,575 $64,429 $20,838 $43,591
2016 $5,514 $64,429 $20,838 $43,591
2015 $5,365 $62,919 $20,350 $42,569
2014 $5,298 $62,919 $20,350 $42,569
2013 -- $62,919 $20,350 $42,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10209885

Midwest Real Estate Data (MRED)

APN: 14-28-351-011