NOT LISTED FOR SALE

720 S High St Belleville, IL 62220

Estimated Value: $78,000 - $102,000

-- Bed
-- Bath
1,550 Sq Ft
$60/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $10,000 $6 Per Sq Ft

Est. 825% increase in value since last sale

Current estimated payment $641/month

27 Days on Market

About This Home

As of November 2020

Older duplex on S. High near the fairgrounds. Both units are two bedrooms and have rented for $550. Tenants pay all utilities. Both units are vacant. The roof needs to be repaired or replaced. There is water damage in both units that will need to be repaired.
The damage is fairly extensive and the units will need significant repairs. Cash flows well when rented. Seller may be willing to finance. Listing agent has ownership interest in property.

Last Agent to Sell the Property

Tom James

1st Alliance Real Estate License #471002923 Listed on: 08/22/2020

Last Buyer's Agent

Michael Sintzel

AH Realty Advisors, LLC License #475158276

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,875

Year Built

  • Built in 1889

Lot Details

  • 3,790 Sq Ft Lot
  • Lot Dimensions are 25x155

Parking

  • On-Street Parking

Home Design

  • 1,550 Sq Ft Home
  • Duplex
  • Brick or Stone Mason

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-West

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 08-27.0-109-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,875

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: E. MCKINLEY
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 131
  • Ownership: Private
  • Year Built: 1889
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 1550

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: 2 Window/Wall
  • Heating: Forced Air

Schools

  • School District: Belleville DIST 118
  • Elementary School: BELLEVILLE DIST 118
  • Middle School: BELLEVILLE DIST 118
  • High School: Belleville High School-West
  • Elementary School: BELLEVILLE DIST 118
  • Junior High School: BELLEVILLE DIST 118
  • School District: Belleville DIST 118
  • Senior High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 25x155
  • Lot Sq Ft: 3790
  • Acres: 0.0870

Rental Info

  • Tenancy Type: 1 or More Vacant
  • Tenant Pays: All Utilities

Multi Family

  • Units: 1
  • Total Expenses: 2174.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 1423
  • Assessor Parcel Number: 08-27.0-109-006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Nov 17, 2020
Sold by
Ist Alliance Real Estate Inc
Bought by
Cullen Properties Llc
Seller's Agent
Tom James
1st Alliance Real Estate
Buyer's Agent
Michael Sintzel
AH Realty Advisors, LLC
List Price
$14,900
Sold Price
$10,000
Premium/Discount to List
-$4,900
-32.89%
Current Estimated Value
$92,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,549
Avg. Annual Appreciation
56.76%

Purchase Details

Closed on
Dec 31, 2013
Sold by
Stillwater Corporation
Bought by
1St Alliance Real Estate Inc and Eclectic Assets Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 6, 2007
Sold by
Stillwater Corp
Bought by
Stillwater Corp and High Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2002
Sold by
West Pointe Bank & Trust Company
Bought by
Still Waters Corp and Lee Trust #1860
Source: Public Records

Range of Values:

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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
Cullen Properties Llc $175,000 Illinois Title & Escrow
1St Alliance Real Estate Inc $1,625,000 Community Title Shiloh Llc
Stillwater Corp -- First County Title
Still Waters Corp -- First County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1St Alliance Real Estate Inc $1,200,000
Previous Owner Stillwater Corp $303,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $10,000 -32.9% $6 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $14,900 -- $10 / Sq Ft
Source: MARIS MLS

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 $1,875 $21,322 $2,397 $18,925
2023 $2,391 $25,474 $2,349 $23,125
2022 $2,195 $22,933 $2,115 $20,818
2021 $2,114 $21,201 $1,955 $19,246
2020 $2,055 $20,049 $1,849 $18,200
2019 $1,423 $13,736 $1,852 $11,884
2018 $1,391 $13,439 $1,812 $11,627
2017 $1,381 $13,344 $1,799 $11,545
2016 $1,363 $13,061 $1,761 $11,300
2014 $1,301 $14,066 $2,083 $11,983
2013 $1,466 $16,249 $2,113 $14,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20058514

MARIS MLS

APN: 08-27.0-109-006