NOT LISTED FOR SALE

Estimated Value: $181,181 - $200,000

4 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold January 16, 2024

Last sale price $180,100

Est. 6% increase in value since last sale

Current estimated payment $1,250/month

15 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • Balcony
  • Forced Air Heating System

About This Home

As of January 2024

Incredible investment opportunity! Great earning potential! Brand new roof in 2023! Approximately $24,000 value! Perfect setup to live in one unit and rent the other or rent both with a solid capitalization rate. Very deep lot with no backyard neighbors, backs to Glenn Elementary. Beautiful front porch. Newer detached 2 car garage built in 2000. Utilities separated so each tenant can pay their own. Main floor unit has 2 large bedrooms and 1 full bath, wood floors, good sized kitchen and a large walk in pantry. Second floor is also 2 bedroom and 1 full bath with wood floors and nice sized living and dining room and private back balcony and second entrance. Basement is setup for each unit to access and have their own washer and dryer along with great storage spaces.

Last Listed By

Blake Heffernan

BHHS Central Illinois, REALTORS License #475177036 Listed on: 11/13/2023

BHHS Central Illinois, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,668

Year Built

  • Built in 1914

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 50x224
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Glenn Elementary School
  • Kingsley Jr High Middle School
  • Normal Community West High Schoo

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Balcony

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,668

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 180000
  • Lot Features: Sidewalks
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Glenn Elementary
  • High School: Normal Community West High Schoo
  • Middle/Junior School: Kingsley Jr High
  • Middle/Junior School District: 5

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 50X224
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3667.5
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,2 Story Unit/s,Converted Residence,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Jan 16, 2024
Sold by
White James B
Bought by
Lee Stephen E and Lee William A
Seller's Agent
Blake Heffernan
BHHS Central Illinois, REALTORS
Buyer's Agent
Zil Huma
Keller Williams Realty Signature
List Price
$180,000
Sold Price
$180,100
Premium/Discount to List
$100
0.06%
Total Days on Market
15
Views
83
Current Estimated Value
$191,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,945
Avg. Annual Appreciation
4.64%
Original Mortgage
$158,670
Outstanding Balance
$156,637
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$34,408

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 Stephen E $180,500 Alliance Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Stephen E $158,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $180,100 +0.1% --
11/29/2023 11/29/23 Pending -- -- --
11/13/2023 11/13/23 For Sale $180,000 -- --
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
2022 $3,668 $40,827 $9,200 $31,627
2021 $3,542 $38,520 $8,680 $29,840
2020 $3,523 $38,120 $8,590 $29,530
2019 $3,403 $37,915 $8,544 $29,371
2018 $3,366 $37,514 $8,454 $29,060
2017 $3,246 $37,514 $8,454 $29,060
2016 $3,211 $37,514 $8,454 $29,060
2015 $3,124 $36,635 $8,256 $28,379
2014 $3,085 $36,635 $8,256 $28,379
2013 -- $36,635 $8,256 $28,379
Source: Public Records

Agents Affiliated with this Home

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Map

Similar Home in the area

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11922347

Midwest Real Estate Data (MRED)

APN: 14-33-208-012