Seller's Agent in 2022
Trent Taylor
Taylored Realty
(815) 739-7000
38 Total Sales
465 S Elm St Waterman, IL 60556
81
Beds
--
Bath
--
Sq Ft
0.49
Acres
About This Home
As of October 2022LOW MAINTENANCE!!! RARE OPPORTUNITY TO OWN A 9 LOT TRAILER PARK! A 2 PARCEL DEAL EQUALING JUST SHY OF AN ACRE. Collect monthly land rent for 9 trailers that are all independently owned! Landlord is currently in charge of snow removal. Lawn maintenance is currently done by one of the tenants. Be sure to check out our private listing for 445 S. Elm as well. New owner could live in the home while maintaining the trailer park!!
Last Agent to Sell the Property
Taylored Realty License #471021284 Listed on: 09/30/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,343
Year Built
- Built in 1960
Lot Details
- 0.49
Additional Features
- 81 Bedrooms
- Additional Parcels
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat, sewer
Community Details
Overview
- 9 Units
Building Details
- Operating Expense $3,343
- Gross Income $2,700
- Net Operating Income $29,056
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2021
Closed on
Sep 29, 2022
Sold by
Petersen Eric J and Petersen Holli M
Bought by
Kinney Properties Llc
Seller's Agent
Trent Taylor
Taylored Realty
Buyer's Agent
Marcy Kinney
Coldwell Banker Real Estate Group
List Price
$234,999
Sold Price
$225,000
Premium/Discount to List
-$9,999
-4.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$199,515
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 2, 2005
Sold by
Leifheit Charles E
Bought by
Petersen Eric J and Petersen Holli M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,135
Interest Rate
6.5%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kinney Properties Llc | $325,000 | -- | |
| Petersen Eric J | $308,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kinney Properties Llc | $210,000 | |
| Previous Owner | Petersen Eric J | $463,135 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2022 10/04/22 | Sold | $225,000 | 0.0% | -- |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- |
| 07/23/2022 07/23/22 | Off Market | $225,000 | -- | -- |
| 04/05/2022 04/05/22 | For Sale | $234,999 | +4.4% | -- |
| 04/04/2022 04/04/22 | Off Market | $225,000 | -- | -- |
| 10/01/2021 10/01/21 | For Sale | $234,999 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,640 | $22,205 | $20,259 | $1,946 |
| 2023 | $1,640 | $20,199 | $18,429 | $1,770 |
| 2022 | $1,580 | $19,222 | $17,538 | $1,684 |
| 2021 | $1,582 | $18,375 | $16,765 | $1,610 |
| 2020 | $1,553 | $17,614 | $16,071 | $1,543 |
| 2019 | $1,509 | $16,953 | $15,468 | $1,485 |
| 2018 | $1,470 | $16,245 | $14,822 | $1,423 |
| 2017 | $1,444 | $15,620 | $14,252 | $1,368 |
| 2016 | $1,403 | $15,002 | $13,688 | $1,314 |
| 2015 | -- | $14,153 | $12,913 | $1,240 |
| 2014 | -- | $14,029 | $12,800 | $1,229 |
| 2013 | -- | $14,438 | $13,173 | $1,265 |
Source: Public Records
Agents Affiliated with this Home
-
Trent Taylor
-
Marcy Kinney
M
Buyer's Agent in 2022
Marcy Kinney
Coldwell Banker Real Estate Group
(815) 981-0372
101 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11234615
APN: 14-16-476-006
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