NOT LISTED FOR SALE

7307 W Main St Belleville, IL 62223

Estimated Value: $140,000 - $168,000

Studio
-- Bath
2,418 Sq Ft
$66/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2023

Last sale price $115,000 $48 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,206 / mo

47 Days on Market

About This Home

As of September 2023

*24 HOURS' NOTICE - MUST CALL AGENT OR PROPERTY MANAGMENT COMPANY FOR ACCESS * You won't want to miss this nice duplex on West Main. Great 2-unit investment opportunity. Each unit has 2 bedrooms, 1 1/2 baths and a 1 car carport. There are long-term tenants on both sides who pay all of their own utilities including yard maintenance. Tenants would like to stay. Duplex being sold AS IS. Inspections done by buyer are for buyer's information only. Access is limited due to tenants occupancy and 24 hour notice must be given for any/and all showings!

Last Agent to Sell the Property

Carla Dintelman

Coldwell Banker Brown Realtors License #475160895 Listed on: 08/01/2023

Coldwell Banker Brown Realtors

Last Buyer's Agent

Alexander Pantig

RE/MAX Preferred License #IL268288

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48 x 137 x 45 x 140

Parking

  • Carport

Home Design

  • 2,418 Sq Ft Home
  • Duplex
  • Brick or Stone Veneer Front Elevation
  • Aluminum Siding

Schools

  • Harmony Emge Dist 175 Elementary And Middle School
  • Belleville High School-West

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 07-01.0-407-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: 73rd Street
  • Special Description: No Exemptions
  • Age: 38
  • Ownership: Private
  • Year Built: 1985
  • Directions: Take West Main to 73rd Street
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 2418
  • Street Number Modifier: -7309

Exterior Features

  • Construction: Aluminum Siding, Brk/Stn Veneer Frnt

Garage/Parking

  • Parking: 1-2 Car Carport

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: Harmony Emge DIST 175
  • Junior High School: Harmony Emge DIST 175
  • School District: Harmony Emge DIST 175
  • Senior High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 48 x 137 x 45 x 140
  • Lot Sq Ft: 6534
  • Acres: 0.1500

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 16200.00
  • Units: 2
  • Total Expenses: 10058.74
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 3472
  • Assessor Parcel Number: 07-01.0-407-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 18, 2023
Sold by
B & T Enterprises
Bought by
Pantig Jennifer
Seller's Agent
Carla Dintelman
Coldwell Banker Brown Realtors
Buyer's Agent
Alexander Pantig
RE/MAX Preferred
List Price
$128,000
Sold Price
$115,000
Premium/Discount to List
-$13,000
-10.16%
Views
15
Current Estimated Value
$161,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,465
Avg. Annual Appreciation
13.15%
Original Mortgage
$86,250
Outstanding Balance
$84,786
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
$74,570
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
Pantig Jennifer $115,000 Town & Country Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pantig Jennifer $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $115,000 -10.2% $48 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $128,000 -- $53 / Sq Ft
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 $4,192 $45,669 $3,782 $41,887
2023 $3,718 $38,601 $3,707 $34,894
2022 $3,473 $34,750 $3,337 $31,413
2021 $3,360 $32,125 $3,085 $29,040
2020 $3,289 $30,379 $2,917 $27,462
2019 $3,038 $27,532 $2,921 $24,611
2018 $2,984 $26,937 $2,858 $24,079
2017 $2,984 $26,748 $2,838 $23,910
2016 $2,954 $26,180 $2,778 $23,402
2014 $3,805 $39,147 $3,391 $35,756
2013 $3,683 $39,707 $3,440 $36,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23041020

MARIS MLS

APN: 07-01.0-407-002

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