NOT LISTED FOR SALE

8900 Peterson Ln Belleville, IL 62223

Estimated Value: $114,000 - $180,000

Studio
-- Bath
1,800 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $86,500 $48 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,022/month

37 Days on Market

About This Home

As of August 2017

8901 and 8903 Peterson Ln. to be sold as a package also asking $89,900. Very well kept duplex with 2 Bedrooms and 1 Bath a side plus car ports. Each unit has a refrigerator,range and washer/dryer hookups. Great investment property! Vinyl windows. Shingles have been replaced since 2012.

Last Agent to Sell the Property

Gary Johnston

Johnston Realty, Inc. License #471004014 Listed on: 06/27/2017

Last Buyer's Agent

Ken Battoe

Battoe Realty, Inc. License #471016609

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 8,059 Sq Ft Lot
  • Lot Dimensions are 81x101x57x20x14x81

Parking

  • Carport

Home Design

  • 1,800 Sq Ft Home
  • Duplex
  • Brick or Stone Veneer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, gas, water

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

8,059 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: 89th
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 56
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Square Footage: 1800

Exterior Features

  • Construction: Fl Brick/Stn Veneer

Garage/Parking

  • Parking: 1-2 Car Carport

Utilities

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

Lot Info

  • Lot Dimensions: 81x101x57x20x14x81
  • Lot Sq Ft: 8059
  • Acres: 0.1850

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Gas, Water

Multi Family

  • Gross Operating Income: 16800.00
  • Total Expenses: 4256.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 2617

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2017
Closed on
Aug 4, 2017
Sold by
Burns Michael P and Burns Angela C
Bought by
Rollingbrook Properties Llc
Seller's Agent
Gary Johnston
Johnston Realty, Inc.
Buyer's Agent
Ken Battoe
Battoe Realty, Inc.
List Price
$89,900
Sold Price
$86,500
Premium/Discount to List
-$3,400
-3.78%
Current Estimated Value
$139,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,621
Avg. Annual Appreciation
5.68%
Original Mortgage
$155,700
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2004
Sold by
Blum Douglas A and Blum Stephanie M
Bought by
Burns Michael P and Burns Angela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2004
Sold by
George Robert L and George Delores J
Bought by
Blum Douglas A and Blum Stephanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
5.89%
Mortgage Type
New Conventional
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
Rollingbrook Properties Llc $173,000 Fatic
Burns Michael P $87,000 Pti
Blum Douglas A $64,000 Pti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rollingbrook Properties Llc $155,700
Previous Owner Burns Michael P $69,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2017 08/07/17 Sold $86,500 -3.8% $48 / Sq Ft
06/27/2017 06/27/17 For Sale $89,900 -- $50 / 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 $3,671 $37,591 $4,652 $32,939
2023 $3,550 $35,207 $4,561 $30,646
2022 $3,245 $31,695 $4,106 $27,589
2021 $3,114 $29,301 $3,796 $25,505
2020 $3,024 $27,708 $3,589 $24,119
2019 $2,766 $25,104 $3,595 $21,509
2018 $2,699 $24,561 $3,517 $21,044
2017 $2,673 $24,388 $3,492 $20,896
2016 $2,617 $23,870 $3,418 $20,452
2014 $3,193 $32,068 $5,536 $26,532
2013 $3,510 $32,526 $5,615 $26,911
Source: Public Records

Agents Affiliated with this Home

  • Gary Johnston

    Seller's Agent in 2017

    Gary Johnston

    Johnston Realty, Inc.

    (618) 233-8802

    264 in this area

    371 Total Sales

    Gary Johnston
    Section Image
  • Ken Battoe

    Buyer's Agent in 2017

    Ken Battoe

    Battoe Realty, Inc.

    (618) 530-4663

    18 in this area

    25 Total Sales

    Ken Battoe
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS17052053

MARIS MLS

APN: 02-35.0-422-013

Illinois St. Clair County Belleville 62223

8900 Peterson Ln, Belleville, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MARIS MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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