NOT LISTED FOR SALE

818 Spring St Quincy, IL 62301

Estimated Value: $45,000 - $61,671

6 Beds
6 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $45,105

Est. 19% increase in value since last sale

Current estimated payment $352/month

202 Days on Market

About This Home

As of April 2024

Investment opportunity!!! 6-unit apartment building close to the hospital. New roof, new soffits, new gutters, and work to restore has begun on the inside. Great location for traveling nurses to rent. Fix this one up and make money $$$$$

Last Agent to Sell the Property

John Beck

Zanger & Associates, Inc., REALTORS License #475128768 Listed on: 08/24/2023

Last Buyer's Agent

Peggy Azotea

Tri-State Realty License #475131933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,220

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 152x43

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 6 Full Bathrooms

Schools

  • Baldwin Elementary School
  • Quincy High School

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,220

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Legal Description: BLK 4 KEYES SURVEY N 142FT OF E 43FT OF W 248.5FT N 1/2 BLK 4
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Below Grade Bedrooms: 0

Schools

  • Elementary School: Baldwin
  • High School: Quincy

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 152X43
  • Zoning: MULTI

Rental Info

  • Board Number: 27

Tax Info

  • Tax Annual Amount: 1220
  • Tax Year: 2022

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Apr 12, 2024
Sold by
Jjs Modern Properties Llc
Bought by
Encore Performance Associates Llc
Seller's Agent
John Beck
Zanger & Associates, Inc., REALTORS
Buyer's Agent
Peggy Azotea
Tri-State Realty
List Price
$94,500,000
Sold Price
$45,105
Premium/Discount to List
-$94,454,895
-99.95%
Views
744
Current Estimated Value
$53,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,563
Avg. Annual Appreciation
10.57%

Purchase Details

Listed on
Mar 15, 2023
Closed on
Apr 4, 2023
Sold by
Nimbalian Enterprise Llc
Bought by
Jjs Modern Properties Llc
Seller's Agent
Brady Long
IN BETWEEN OFFICES
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$49,000
Sold Price
$40,000
Premium/Discount to List
-$9,000
-18.37%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%

Purchase Details

Listed on
Aug 26, 2022
Closed on
Nov 9, 2022
Sold by
Nature World Development Llc
Bought by
Nimbalian Enterprise Llc
Seller's Agent
Jeremy Farlow
Farlow Real Estate Experts
Buyer's Agent
Brady Long
IN BETWEEN OFFICES
List Price
$49,900
Sold Price
$34,500
Premium/Discount to List
-$15,400
-30.86%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Encore Performance Associates Llc $45,105 Title Center
Jjs Modern Properties Llc $40,000 Title Center
Nimbalian Enterprise Llc $34,500 Title Center
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold $45,105 -100.0% --
03/13/2024 03/13/24 Pending -- -- --
08/24/2023 08/24/23 For Sale $94,500,000 +236150.0% --
04/07/2023 04/07/23 Sold $40,000 -18.4% $14 / Sq Ft View Prior Sale
03/15/2023 03/15/23 For Sale $49,000 +42.0% $17 / Sq Ft
11/10/2022 11/10/22 Sold $34,500 -30.9% $12 / Sq Ft View Prior Sale
09/19/2022 09/19/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $49,900 -- $18 / Sq Ft
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 $852 $13,070 $2,600 $10,470
2023 $757 $11,440 $2,410 $9,030
2022 $1,221 $18,220 $2,250 $15,970
2021 $1,230 $17,850 $2,200 $15,650
2020 $1,207 $17,500 $2,160 $15,340
2019 $1,184 $17,310 $3,310 $14,000
2018 $992 $14,330 $3,250 $11,080
2017 $967 $14,190 $3,220 $10,970
2016 $949 $13,610 $3,090 $10,520
2015 $9,112,200 $13,610 $3,090 $10,520
2012 $912 $13,160 $2,990 $10,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12246638

Midwest Real Estate Data (MRED)

APN: 23-5-0425-000-00