NOT LISTED FOR SALE

Estimated Value: $97,000 - $102,000

4 Beds
2 Baths
1,958 Sq Ft
$51/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $90,000 $46 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $732/month

3 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Wood Siding

About This Home

As of March 2024

Currently RENTER OCCUPIED. 2 rental units with this 1 property sale. Both units are rented, under lease, and managed by a local property manager. Unit 1 is 900/month and unit 2 is 850/month. That is 21,000 annual gross income with an ROI of 24.7% after taxes. Seize the moment to invest in this income producing opportunity. Both renters want to stay and 1 has a lease through November 2024 and other is month to month. Unit 921 owner owns appliances and will sell with unit. CONTACT YOUR AGENT FOR INTERIOR VIDEO TOUR AND PHOTOS!

Last Agent to Sell the Property

Josh Graham

RE/MAX Traders Unlimited Brokerage Phone: 309-258-0543 License #475173510 Listed on: 02/21/2024

RE/MAX Traders Unlimited

Last Buyer's Agent

Mackenzie Price

RE/MAX Traders Unlimited License #475190981

RE/MAX Traders Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,344

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 60x106
  • Property fronts a private road
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • 1,958 Sq Ft Home
  • Slate Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • Pekin Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Campbell Durley Newhalls Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-04-35-364-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,344

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1922
  • New Construction: No
  • Structure Type: One Story
  • PricePerSqFt: 45.97
  • Age55PlusDevelopment: No
  • Attribution Contact: Pref: 309-258-0543
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Full
  • Accessibility Features: Level
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Private Road
  • Construction Type: Brick, Wood Siding
  • Roof: Slate
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Shared Garage/Stall
  • Total Parking Spaces: 2

Utilities

  • Heating: Forced Air, Gas
  • Laundry Features: Other
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Pekin Community

Lot Info

  • Lot Size: 60x106
  • Parcel #: 04-04-35-364-011

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2344.38
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 42000
  • Resident Manager Expense: 2100
  • Annual Operating Expense: 3402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Mar 18, 2024
Sold by
Signature Spaces Llc
Bought by
C & M Price Llc
Seller's Agent
Josh Graham
RE/MAX Traders Unlimited
Buyer's Agent
Mackenzie Price
RE/MAX Traders Unlimited
List Price
$80,000
Sold Price
$90,000
Premium/Discount to List
$10,000
12.5%
Views
12
Current Estimated Value
$98,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,981
Avg. Annual Appreciation
1.04%
Original Mortgage
$72,000
Outstanding Balance
$59,769
Interest Rate
7.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
$31,575

Purchase Details

Closed on
Aug 3, 2023
Sold by
Cc Brothers Llc
Bought by
Signature Spaces Llc

Purchase Details

Closed on
Mar 1, 2023
Sold by
Waibel Cody D
Bought by
Cc Brothers Llc

Purchase Details

Closed on
Aug 11, 2022
Sold by
Whitney Lori D
Bought by
Waibel Cody D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
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
C & M Price Llc $90,000 None Listed On Document
Signature Spaces Llc $33,000 None Listed On Document
Cc Brothers Llc -- --
Waibel Cody D $62,000 Hometown Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C & M Price Llc $72,000
Previous Owner Waibel Cody D $49,600
Previous Owner Mccoy James A $43,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $90,000 +12.5% $46 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $80,000 -- $41 / 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 $2,318 $27,250 $4,000 $23,250
2023 $2,318 $25,300 $3,710 $21,590
2022 $2,344 $25,370 $3,460 $21,910
2021 $2,135 $23,080 $3,330 $19,750
2020 $2,116 $23,080 $3,330 $19,750
2019 $2,086 $23,080 $3,330 $19,750
2018 $2,033 $23,080 $3,330 $19,750
2017 $1,978 $23,060 $3,320 $19,740
2016 $1,938 $22,610 $3,260 $19,350
2015 $1,957 $0 $0 $0
2013 $1,915 $23,490 $3,260 $20,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1248392

RMLS Alliance

APN: 04-04-35-364-011