NOT LISTED FOR SALE

8 Iowa Ave Belleville, IL 62220

Estimated Value: $103,000 - $180,569

-- Bed
-- Bath
1,908 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $79,900 $42 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,076/month

About This Home

As of November 2021

Here is a money maker for you. This great arts and crafts duplex is the perfect investment for your portfolio. Plenty of room with both sides boasting a living room, dining room, kitchen, bathroom, and 2 bedrooms. Possible hardwoods throughout and plenty of character including arched doorways, original doors and hardware, and beautiful open staircase. Plenty of closets for storage and a full basement on each side where laundry is located. 10 Iowa is occupied and tenant pays $675 plus all utilities. Rent is currently under market, tenant is up to date on rent, and tenant would like to stay. Parking in rear off alley or street parking in the front. Info is gathered from various sources, all info should be verified by buyer or buyer's agent. Inspections: buyer's knowledge only, seller will do no inspections or repairs & no credit for repairs. AS IS

Last Agent to Sell the Property

Jason Buss

RE/MAX Preferred License #475162134 Listed on: 11/10/2021

RE/MAX Preferred

Last Buyer's Agent

Jason Buss

RE/MAX Preferred License #475162134 Listed on: 11/10/2021

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 1926

Lot Details

  • 6,795 Sq Ft Lot
  • Lot Dimensions are 48x141.5

Home Design

  • 1,908 Sq Ft Home
  • Duplex
  • Vinyl Siding

Parking

  • On-Street Parking
  • Off-Street Parking
  • Unassigned Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Basement

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 08-22.0-418-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,482

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 95
  • Ownership: Private
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement, Laundry Facility in
  • Square Footage: 1908

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Off Street, On Street Parking, Unassigned

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall, Central-Electric
  • Heating: Forced Air

Schools

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

Lot Info

  • Lot Dimensions: 48x141.5
  • Lot Sq Ft: 6795
  • Acres: 0.1560

Rental Info

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

Multi Family

  • Gross Operating Income: 8100.00
  • Units: 2
  • Total Expenses: 3400.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2391
  • Assessor Parcel Number: 08-22.0-418-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2023
Sold by
Anderson & James Investments Inc
Bought by
Smith Tamara Jackson
Current Estimated Value
$149,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,391
Outstanding Balance
$136,470
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$12,922

Purchase Details

Listed on
Nov 10, 2021
Closed on
Nov 10, 2021
Sold by
Weissert Juanita
Bought by
Anderson & James Investments Inc
Seller's Agent
Jason Buss
RE/MAX Preferred
Buyer's Agent
Jason Buss
RE/MAX Preferred
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.07%
Original Mortgage
$82,500
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2011
Sold by
Wuebbels Arleen M
Bought by
Wuebbels Arleen M and Arleen M Wuebbels Self Declaration Of Tr
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
Smith Tamara Jackson $144,000 Town & Country Title
Anderson & James Investments Inc $80,000 Town & Country Title Co
Wuebbels Arleen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tamara Jackson $141,391
Previous Owner Anderson & James Investments Inc $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $79,900 0.0% $42 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $79,900 -- $42 / 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 $3,482 $45,599 $4,193 $41,406
2023 $2,783 $29,646 $4,109 $25,537
2022 $2,554 $26,689 $3,699 $22,990
2021 $2,460 $24,674 $3,420 $21,254
2020 $2,391 $27,495 $3,234 $24,261
2019 $2,154 $20,795 $3,239 $17,556
2018 $2,107 $20,345 $3,169 $17,176
2017 $2,090 $20,203 $3,147 $17,056
2016 $2,064 $19,774 $3,080 $16,694
2014 $2,676 $28,941 $3,669 $25,272
2013 $2,648 $29,354 $3,721 $25,633
Source: Public Records

Agents Affiliated with this Home

  • Jason Buss

    Seller's Agent in 2021

    Jason Buss

    RE/MAX Preferred

    (618) 580-1016

    396 in this area

    508 Total Sales

    Jason Buss
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Map

Source: MARIS MLS

MLS Number: MIS21070728

MARIS MLS

APN: 08-22.0-418-011

Illinois St. Clair County Belleville 62220

8 Iowa Ave, Belleville, IL

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