Owner
$209,644
3 LOUISE CT, DECATUR, IL
Quick Facts
owner occupied
No
vacant
No
corporate owner
Yes
beds
0
baths
1
sq. ft.
1,180
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C
Living Area
1 Story
Full Basement
Brick
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1957
Building Size
1,180 sq ft
Lot Size
15,246 sq ft
Lot Size (Acres)
0.35 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
04-13-18-327-003
County
Macon County, Illinois
Metro Area
Decatur, IL
Zoning
MUNICIPAL
Neighborhood/Subdivision
LEASE
Lot Number
25-26
School District
Decatur School District 61
Legal Description
SYLVAN SHORES ~ADD LOT 25 & 26 B 4 ~ IRREG ~
Tax & Value Information
Market Value (Total)
$65,854
Building Value
$38,896
Land Value
$26,958
Annual Property Tax
$1,544
Tax Assessment Year
2024
Assessed Value
$21,949
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
9/24/2019
Recording Date
1/28/2020
Sales Document #
2020.1956856
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$8,112
Return on Investment
15.60%
After Repair Value
$230,608
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$188,680
Renovation Cost
$10,482
Closing Costs (buying)
$3,774
Holding Costs
$5,724
Selling Costs
$13,837
Total Investment
$51,992
After Repair Value (ARV)
$230,608
Total Costs
$222,496
Estimated Profit
$8,112
Cash Invested
$48,218
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area