NOT LISTED FOR SALE

1032 Cormick St Centralia, IL 62801

Estimated Value: $100,849

14 Acres
$7,204 Price per Acre
609,840 Sq Ft Lot

Last Sold May 07, 2024

Last sale price $95,000

Est. 6% increase in value since last sale

Current estimated payment $568/month

97 Days on Market

Highlights

  • 14 Acre Lot
  • No HOA
  • Agricultural
  • Pole Barn

About This Lot

As of May 2024

14 acres just outside of Centralia and just down the road from Foundation Park. This property would make a great home site plus there is 12 +/- tillable acres. This property sits between Gragg st and Cormick St. On Cormick St there is a 50x90 pole barn with full concrete that would make a great building for a farmer to store equipment or to start a business. The pole barn does need some work. There is also a concrete approach the full length of the building. The sidewalls are 14 feet with 2 overhead doors and a place for another one. This property is being sold AS IS. There is approximately $2200 of income from the tillable a year.

Last Agent to Sell the Property

Rodney Hawkins

MIDWEST FARM & LAND Brokerage Phone: 618-925-3153 License #471020907 Listed on: 01/02/2024

Last Buyer's Agent

Rodney Hawkins

MIDWEST FARM & LAND Brokerage Phone: 618-925-3153 License #471020907 Listed on: 01/02/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,290

Lot Details

  • 14 Acre Lot
  • Lot Dimensions are 990x800

Schools

  • Centralia High School

Farming

  • Agricultural

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 1408000030

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pole Barn

Property Details

Property Type

Land

Est. Annual Taxes

$1,290

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Farm
  • PrincipalMeridian: 1
  • Attribution Contact: Pref: 618-925-3153
  • Special Features: None

Exterior Features

  • Lot Features: Agricultural
  • Road Surface Type: Paved
  • Exterior Features: Pole Barn
  • 100YearPlain: No

Utilities

  • Utilities: None
  • Water Source: No Sewer, No Water

Condo/Co-op/Association

  • MandatoryAssocMonthlyFeeYN: No
  • MandatoryAssocAnnualFeeYN: No

Schools

  • High School: Centralia

Lot Info

  • Zoning: Agricultural
  • Lot Size Acres: 14
  • Lot Size: 990x800
  • Cultivated Acreage: 12
  • Additional Parcels Description: 1408000032 1408000031
  • Parcel #: 1408000030
  • MineralRights: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1290
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
May 7, 2024
Sold by
Groome William E and Groome Vicki L
Bought by
Graham Loretta and Predny Dorothy
Seller's Agent
Rodney Hawkins
MIDWEST FARM & LAND
Buyer's Agent
Rodney Hawkins
MIDWEST FARM & LAND
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Views
54
Current Estimated Value
$100,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,849
Original Mortgage
$91,200
Outstanding Balance
$88,229
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2017
Sold by
Marion County Tax Deed Clerk
Bought by
Groome William E and Groome Vicki L
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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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
Graham Loretta $21,111 None Listed On Document
Groome William E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Loretta $91,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $95,000 -4.0% --
02/01/2024 02/01/24 Price Changed $99,000 -10.0% --
01/02/2024 01/02/24 For Sale $110,000 -- --
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 $486 $6,244 $2,644 $3,600
2023 $505 $5,871 $2,271 $3,600
2022 $512 $5,531 $1,931 $3,600
2021 $514 $5,223 $1,623 $3,600
2020 $494 $4,943 $1,343 $3,600
2019 $477 $4,688 $1,088 $3,600
2018 $461 $4,456 $856 $3,600
2017 $447 $4,245 $645 $3,600
2016 $432 $4,053 $453 $3,600
2015 $4 $3,879 $279 $3,600
2012 $4 $3,745 $145 $3,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB451763

RMLS Alliance

APN: 1408000030