NOT LISTED FOR SALE

Estimated Value: $584,018

44 Beds
22 Baths
-- Sq Ft
0.3 Acres

Last Sold May 03, 2024

Last sale price $550,000

Est. 6% increase in value since last sale

Current estimated payment $4,229/month

Highlights

  • Courtyard
  • Forced Air Heating System
  • 2-minute walk to Atwood Wayside Park

About This Home

As of May 2024

Great income Close to down town GREAT 12 UNIT

Last Agent to Sell the Property

Ed Larsen

Coldwell Banker Real Estate Group License #471007349 Listed on: 11/03/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Kristy Allred

Coldwell Banker Real Estate Group License #475160384

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,455

Year Built

  • Built in 1970

Lot Details

  • 0.3

Bedrooms and Bathrooms

  • 44 Bedrooms
  • 22 Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • 2-Story Property
  • Courtyard
  • Lot Dimensions are 112x115

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $576
  • Fuel Expense $2,208
  • Insurance Expense $3,500
  • Maintenance Expense $1,200
  • Other Expense $17,775
  • Water Sewer Expense $383
  • Operating Expense $17,755
  • Gross Income $99,000
  • Net Operating Income $73,128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,455

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Courtyard
  • Stories: 2
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 22
  • Total Bedrooms: 44
  • Room: 4
  • Room: 4
  • Room: 4

Exterior Features

  • List Price: 550000

Garage/Parking

  • Outdoor Parking: Unpaved,Parking-Street
  • Indoor Parking: Attached

Utilities

  • Cooling: Window Unit(s)
  • Utilities: Sanitary Sewer
  • Heat/Ventilation: Forced Air

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 383
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 112X115
  • Zoning: MULTI
  • Alternate Phone Number: (309) 275-3545

Rental Info

  • Tenant Pays: None
  • Board Number: 23

Multi Family

  • Net Operating Income: 73128
  • Fuel Expense: 2208
  • Insurance Expense: 3500
  • ElectricExpense: 576
  • GrossIncome: 99000
  • Maintenance Expense: 1200
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 17755
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 11455
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
May 3, 2024
Sold by
Pelhank Wayne A
Bought by
808 East Washington Llc
Seller's Agent
Ed Larsen
Coldwell Banker Real Estate Group
Buyer's Agent
Kristy Allred
Coldwell Banker Real Estate Group
List Price
$550,000
Sold Price
$550,000
Views
149
Current Estimated Value
$584,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,018
Avg. Annual Appreciation
0.99%
Original Mortgage
$440,000
Outstanding Balance
$356,884
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$200,318

Purchase Details

Closed on
Oct 6, 2016
Sold by
Wilson Penny S and Wilson Alan B
Bought by
Swain William and Swain Marcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2010
Sold by
Duran Ownership Group Llc
Bought by
Pelhank Wayne
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
808 East Washington Llc $550,000 Mclean County Title
Swain William -- --
Pelhank Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 808 East Washington Llc $440,000
Previous Owner Swain William $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $550,000 0.0% --
11/04/2022 11/04/22 For Sale $550,000 -- --
11/03/2022 11/03/22 Pending -- -- --
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 $12,565 $195,985 $35,475 $160,510
2022 $12,565 $147,847 $26,762 $121,085
2021 $11,893 $139,943 $25,331 $114,612
2020 $11,862 $139,943 $25,331 $114,612
2019 $11,827 $139,943 $25,331 $114,612
2018 $11,547 $137,199 $24,834 $112,365
2017 $11,551 $137,199 $24,834 $112,365
2016 $11,531 $137,199 $24,834 $112,365
2015 $11,060 $131,972 $23,888 $108,084
2014 $10,709 $131,972 $23,888 $108,084
2013 -- $131,972 $23,888 $108,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11666984

Midwest Real Estate Data (MRED)

APN: 21-04-431-030