NOT LISTED FOR SALE

912 Centreville Ave Belleville, IL 62220

Estimated Value: $83,000 - $169,000

Studio
-- Bath
1,528 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $60,000 $39 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,044/month

135 Days on Market

About This Home

As of March 2017

Great opportunity to buy a turn-key duplex that is fully rented. The location is ideal with highway access seconds away but still close to downtown Belleville. Both units show nicely and have always had low vacancy rates. The brick exterior leaves low owner maintenance and tenants pay all utilities and maintain the lawn. One unit utilizes the detached garage while the other has off alley, driveway parking. Don't miss this great buy! Operating expenses reflect the taxes and insurance only. 24 hour notice required for all showings.

Last Agent to Sell the Property

Michael Santanello

Strano & Associates License #475135482 Listed on: 10/24/2016

Last Buyer's Agent

Cynthia Grosse

Cynthia Grosse License #471013140

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 6,882 Sq Ft Lot
  • Lot Dimensions are 50 x 137
  • Fenced

Parking

  • Detached Garage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

6,882 Sq Ft Lot

Listing Details

  • Cross Street: Union
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 105
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Misc Features: Basement, Fencing

Exterior Features

  • Exterior Features: Brick Veneer Predom

Garage/Parking

  • Parking: 1-2 Car Detached Grg

Utilities

  • Cooling: 1 Window/Wall, Central-Electric
  • Heating: Forced Air
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 50 x 137
  • Lot Sq Ft: 6882

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 14400.00
  • Units: 2
  • Total Expenses: 3707.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Mar 8, 2017
Sold by
La Capital Partners Llc
Bought by
Thieleman Ellen C
Seller's Agent
Michael Santanello
Strano & Associates
Buyer's Agent
Cynthia Grosse
Cynthia Grosse
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Current Estimated Value
$137,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,328
Avg. Annual Appreciation
9.61%
Original Mortgage
$142,000
Outstanding Balance
$25,263
Interest Rate
4.19%
Mortgage Type
Commercial
Estimated Equity
$112,065

Purchase Details

Closed on
Mar 5, 2014
Sold by
Johnson Daniel S
Bought by
La Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2010
Sold by
Capital One
Bought by
Johnson Daniel S

Purchase Details

Closed on
Apr 3, 2009
Sold by
Durnell Richard A
Bought by
Capital One

Purchase Details

Closed on
Apr 11, 2004
Sold by
Durnell Arthur M and Durnell Mary F
Bought by
Durnell Richard A
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
Thieleman Ellen C $177,500 Community Title Shiloh Llc
La Capital Partners Llc -- None Available
Johnson Daniel S $25,000 Benchmark Title Company
Capital One -- None Available
Durnell Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thieleman Ellen C $142,000
Previous Owner La Capital Partners Llc $42,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $60,000 -14.2% $39 / Sq Ft
10/24/2016 10/24/16 For Sale $69,900 -- $46 / 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 $3,961 $45,042 $3,916 $41,126
2023 $2,982 $31,765 $3,838 $27,927
2022 $2,737 $28,596 $3,455 $25,141
2021 $2,636 $26,436 $3,194 $23,242
2020 $2,562 $29,489 $3,021 $26,468
2019 $2,267 $21,887 $3,025 $18,862
2018 $2,217 $21,414 $2,960 $18,454
2017 $2,480 $23,970 $2,939 $21,031
2016 $2,449 $23,461 $2,877 $20,584
2014 $3,014 $32,595 $4,251 $28,344
2013 $2,983 $33,061 $4,312 $28,749
Source: Public Records

Agents Affiliated with this Home

  • Michael Santanello

    Seller's Agent in 2017

    Michael Santanello

    Strano & Associates

    (618) 580-4904

    137 in this area

    201 Total Sales

    Michael Santanello
    Section Image

  • C

    Buyer's Agent in 2017

    Cynthia Grosse

    Cynthia Grosse

    (618) 530-0604

    17 in this area

    19 Total Sales

    Cynthia Grosse
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS16074176

MARIS MLS

APN: 08-28.0-133-004

Illinois St. Clair County Belleville 62220

912 Centreville Ave, 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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