NOT LISTED FOR SALE

91 N Stanley Rd Cottage Hills, IL 62018

Estimated Value: $126,000 - $150,000

1 Bed
2 Baths
2,989 Sq Ft
$46/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $128,000 $43 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $879/month

104 Days on Market

About This Home

As of March 2024

Great opportunity to own a cash flowing property. This 4-plex has a 15% cap rate with the potential to rise. With great rental rates and low expenses you simply can't go wrong. Two of the units are 2 bedroom / 1 bath and Two of the units are 1 bedroom / 1 bath. There is 400 amp service available to the front two units. Long term tenants which are now paying month to month. Selling as is. Close to the interstate. Whether you want to add to your portfolio or just get started this one is a great low risk opportunity! Contact your favorite Realtor® today and schedule a tour.

Last Agent to Sell the Property

James Yinger

eXp Realty License #475.181381 Listed on: 11/14/2023

eXp Realty

Last Buyer's Agent

Marilyn Pruitt

Re/Max River Bend License #475149477

Re/Max River Bend

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,473

Year Built

  • Built in 1968

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 150x100

Home Design

  • Vinyl Siding

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

  • Bethalto Dist 8 Elementary And Middle School
  • Bethalto High School

Utilities

  • Forced Air Heating System

Community Details

  • Net Operating Income $2,575

Listing and Financial Details

  • Tenant pays for no utilities
  • Assessor Parcel Number 19-2-08-03-04-406-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,473

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.2296
  • Co List Office Phone: 5749405
  • Subdivision Name: Forest Homes Sub
  • Age: 56
  • Total Expenses: 400.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Disclosures: Unknown, Sellers Discl. Avail
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Open
  • Driveway: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: BETHALTO DIST 8
  • Junior High Dist: Bethalto DIST 8
  • High School: Bethalto
  • Middle Or Junior School: BETHALTO DIST 8

Lot Info

  • Lot Dimensions: 150x100
  • Lot Size Sq Ft: 10001
  • Parcel Number: 19-2-08-03-04-406-002

Rental Info

  • Tenant Pays: No Utilities

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1473
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 2575
  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Mar 24, 2024
Sold by
45 Properties Llc
Bought by
Steen Brett
Seller's Agent
James Yinger
eXp Realty
Buyer's Agent
Marilyn Pruitt
Re/Max River Bend
List Price
$175,000
Sold Price
$128,000
Premium/Discount to List
-$47,000
-26.86%
Views
93
Current Estimated Value
$136,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,729
Avg. Annual Appreciation
9.18%
Original Mortgage
$95,750
Outstanding Balance
$94,667
Interest Rate
7.99%
Mortgage Type
New Conventional
Estimated Equity
$50,334

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 6, 2023
Sold by
Magnuson Destin B
Bought by
45 Properties Llc
Seller's Agent
Amy Wooff Flach
Wooff Realtors
Buyer's Agent
Toni Lucas
Worth Clark Realty
List Price
$120,000
Sold Price
$113,000
Premium/Discount to List
-$7,000
-5.83%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.55%
Original Mortgage
$84,750
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 26, 2023
Sold by
Holmes Donald Ray
Bought by
Magnuson Destin
Seller's Agent
Amy Wooff Flach
Wooff Realtors
Buyer's Agent
Toni Lucas
Worth Clark Realty
List Price
$120,000
Sold Price
$113,000
Premium/Discount to List
-$7,000
-5.83%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,750
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2010
Sold by
Thompson Betty J and Thompson Susan B
Bought by
Holmes Donald Ray

Purchase Details

Closed on
Aug 4, 2006
Sold by
Pauley William Art and Pauley Jeanette
Bought by
Thompson Betty J and Thompson Susan B
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
Steen Brett $128,000 Community Title & Escrow
45 Properties Llc -- None Available
Magnuson Destin $113,000 Community Title & Escrow
Holmes Donald Ray -- Community Title & Escrow Ltd
Thompson Betty J $5,000 Community Title & Escrow Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steen Brett $95,750
Closed Steen Brett $95,750
Previous Owner Magnuson Destin $84,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $128,000 -8.5% $43 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/04/2024 02/04/24 Price Changed $139,900 -9.7% $47 / Sq Ft
12/23/2023 12/23/23 Price Changed $155,000 -11.4% $52 / Sq Ft
11/15/2023 11/15/23 For Sale $175,000 -- $59 / 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 $1,603 $25,050 $3,530 $21,520
2023 $1,603 $23,350 $3,290 $20,060
2022 $1,551 $21,550 $3,040 $18,510
2021 $1,446 $20,080 $2,830 $17,250
2020 $1,436 $19,340 $2,730 $16,610
2019 $1,353 $17,890 $2,610 $15,280
2018 $880 $17,000 $2,480 $14,520
2017 $841 $16,590 $2,420 $14,170
2016 $828 $16,590 $2,420 $14,170
2015 $511 $14,140 $0 $14,140
2014 $511 $14,140 $0 $0
2013 $511 $14,340 $0 $14,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23068177

MARIS MLS

APN: 19-2-08-03-04-406-002