NOT LISTED FOR SALE

103 E State St Palmyra, IL 62674

Estimated Value: $124,112

Studio
-- Bath
3,200 Sq Ft
$39/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $115,000 $36 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $744/month

29 Days on Market

About This Home

As of December 2014

Own a bar complete with kitchen & beer garden. All Kitchen equipment stays. Selling it all. All brick building with a lot of history, across from Smoky Jennings car dealership. Upstairs has 1,100 SQFT with plenty of storage, make it into something else or expand. Complete with an elevator. Everything comes with this business including kitchen equipment. Liquor is separate. SQFT believed accurate but not warranted.

Last Agent to Sell the Property

Ronald Duff

RE/MAX Professionals License #471001747 Listed on: 08/27/2014

RE/MAX Professionals

Last Buyer's Agent

SHELBA PALMER

Welcome Home Realty IL. Inc License #475129117

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Special Features: None
  • Property Sub Type: Other

Lot Info

  • Zoning: COM
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Business

Tax Info

  • Parcel Id Number Tax Id: 02-333-850-13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2021
Sold by
Ktm Opera House Inc
Bought by
Sonneborns Old No 7 Llc
Current Estimated Value
$124,112

Purchase Details

Closed on
Jan 19, 2017
Sold by
Downs Theron T
Bought by
Sonneborns Old No 7 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2016
Sold by
Downs Theron T
Bought by
Ktm Opera House Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 27, 2014
Closed on
Dec 1, 2014
Sold by
Gibbs Jeremy C
Bought by
Downs Theron T
Seller's Agent
Ronald Duff
RE/MAX Professionals
Buyer's Agent
SHELBA PALMER
Welcome Home Realty IL. Inc
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.74%
Original Mortgage
$117,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 1995
Bought by
Daugherty Jack and Old #7 Saloon
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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Purchase History

Date Buyer Sale Price Title Company
Sonneborns Old No 7 Llc -- None Listed On Document
Sonneborns Old No 7 Llc -- Quality Title
Sonneborns Old No 7 Llc $72,000 Quality Title
Ktm Opera House Inc -- --
Downs Theron T $115,000 --
Daugherty Jack $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sonneborns Old No 7 Llc $96,000
Previous Owner Downs Theron T $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Sold $115,000 -11.5% $36 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $129,900 -- $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 $1,141 $19,706 $2,057 $17,649
2023 $1,105 $18,247 $1,905 $16,342
2022 $1,105 $17,053 $1,780 $15,273
2021 $1,056 $15,938 $1,664 $14,274
2020 $1,049 $14,895 $1,555 $13,340
2019 $1,020 $14,186 $1,481 $12,705
2018 $1,022 $13,867 $1,448 $12,419
2017 $990 $13,424 $1,402 $12,022
2016 $978 $13,448 $1,753 $11,695
2015 $999 $13,448 $1,753 $11,695
2014 $1,703 $13,448 $1,753 $11,695
2013 $1,665 $22,867 $5,372 $17,495
Source: Public Records

Agents Affiliated with this Home

  • Ronald Duff

    Seller's Agent in 2014

    Ronald Duff

    RE/MAX Professionals

    (217) 652-6025

    70 Total Sales

    Ronald Duff
    Section Image
  • SHELBA PALMER

    Buyer's Agent in 2014

    SHELBA PALMER

    Welcome Home Realty IL. Inc

    (217) 416-9312

    47 Total Sales

    SHELBA PALMER
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA144676

RMLS Alliance

APN: 20-000-853-00

Illinois Macoupin County Palmyra 62674

103 E State St, Palmyra, IL

Not Listed for Sale

Other

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