NOT LISTED FOR SALE

901 W State St Jacksonville, IL 62650

Estimated Value: $185,000 - $305,000

5 Beds
4 Baths
5,254 Sq Ft
$42/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $161,000 $31 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,593/month

About This Home

As of September 2021

Unit 5, 3 bedrooms, 2 full baths, 2 uncovered parking, 1 car covered garage. Rents for $775. Total monthly rent is $2,750. Three units are currently vacant. Brand new roof in 2021. Maintenance free exterior. 10 off street parking. One car garage. All wiring updated in 2017. Fire alarms approved by Jacksonville Fire Department. Forced air heat in Units 1, 2, 3, and 4. HW heat in Unit 5. Window AC. See the Information Sheet prepared by the Sellers.

Last Agent to Sell the Property

Robert Chipman

IN BETWEEN OFFICES License #471004506 Listed on: 07/26/2021

Last Buyer's Agent

MATTHEW WARDELL

Central State Realty License #471021857

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,840

Year Built

  • Built in 1930

Lot Details

  • 8,712

Interior Spaces

  • 2-Story Property
  • Partial Basement

Schools

  • Jacksonville District #117 High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,840

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Five (5) unit apartment house. Monthly income of $2,750. Brand new roof. 10 off street parking.
  • Lvt Date: 07/26/2021
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 5
  • Number Refrigerators: 5
  • Basement: Partial
  • Price Per Sq Ft: 30.64
  • Total Sq Ft: 5254

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles, Slate

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 10

Utilities

  • Heating Cooling: Electric, Forced Air, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 1500
  • Gas Expense: 1500
  • Number Window Units: 5

Schools

  • High School: Jacksonville District #117

Lot Info

  • Estimated Lot Size: 55' x 160'
  • Lot Description: Corner
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 33000

Tax Info

  • Annual Taxes: 5840
  • Parcel Id Number Tax Id: 09-20-111-003
  • Tax Year: 2020

Multi Family

  • Total Number Units: 5
  • Gross Annual Income: 33000
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 5
  • Total Number Heating Units: 5
  • Total Number Water Heaters: 5
  • Total Number Water Meters: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 15, 2021
Sold by
Mariage Larry W and Larry W Mariage Revocable Trus
Bought by
Lee Brooke Properties Llc
Seller's Agent
Robert Chipman
IN BETWEEN OFFICES
Buyer's Agent
MATTHEW WARDELL
Central State Realty
List Price
$155,000
Sold Price
$161,000
Premium/Discount to List
$6,000
3.87%
Current Estimated Value
$222,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,200
Avg. Annual Appreciation
8.13%
Original Mortgage
$128,800
Outstanding Balance
$117,023
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$105,177

Purchase Details

Closed on
Jun 18, 2015
Sold by
Marige Larry W
Bought by
Mariage Larry W and Larry W Mariage Revocable Trust
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
Lee Brooke Properties Llc $161,000 Attorney
Mariage Larry W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Brooke Properties Llc $128,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $161,000 +3.9% $31 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $155,000 -- $30 / Sq Ft
Source: RMLS Alliance

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 $5,160 $59,300 $6,530 $52,770
2023 $5,363 $93,910 $6,530 $87,380
2022 $5,113 $53,670 $6,530 $47,140
2021 $5,006 $53,670 $6,530 $47,140
2020 $5,840 $61,370 $6,530 $54,840
2019 $5,419 $57,360 $6,530 $50,830
2018 $5,136 $56,360 $6,530 $49,830
2017 $5,023 $56,360 $6,530 $49,830
2016 $4,578 $50,840 $6,220 $44,620
2015 $4,522 $49,360 $6,040 $43,320
2014 $4,522 $49,360 $6,040 $43,320
2013 $4,266 $49,360 $6,040 $43,320
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Chipman

    IN BETWEEN OFFICES

  • M

    Buyer's Agent in 2021

    MATTHEW WARDELL

    Central State Realty

    (217) 370-7234

    19 in this area

    25 Total Sales

    MATTHEW WARDELL
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Map

Source: RMLS Alliance

MLS Number: CA1008734

RMLS Alliance

APN: 09-20-111-003

Illinois Morgan County Jacksonville 62650

901 W State St, Jacksonville, IL

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