NOT LISTED FOR SALE

109 E 5th St Metropolis, IL 62960

Estimated Value: $130,618

-- Bed
-- Bath
-- Sq Ft
9,148 Sq Ft Lot

Last Sold January 13, 2023

Last sale price $105,000

Est. 24% increase in value since last sale

Current estimated payment $976/month

9 Days on Market

About This Home

As of January 2023

Former Metropolis Planet newspaper office building. 2200 square feet of office space with a 540 square foot garage on the back of the building with a roll up garage door, plus a full basement. Three private offices, open work space, three half baths, a break room with dishwasher, sink & cabinets and a full basement for storage. Attic has solid floor in the middle to allow for even more storage if needed. Parking in the rear with room for a dozen cars. Located in a high traffic area with 6100 cars traveling past daily.

Last Agent to Sell the Property

Tiffany Korte

Farmer & Co. Real Estate License #471021702 Listed on: 12/12/2022

Last Buyer's Agent

STEPHEN GRIMES

GIA REAL ESTATE, INC. License #475119890

Property Details

Property Type

  • Other

Year Built

  • Built in 1988

Lot Details

  • 9,148

Utilities

  • Central Air
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 12/12/2022
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted
  • Total Building Sq Ft: 3000
  • Estimated Lot Sq Ft: 9000

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street, State Road
  • Insulation: Roof, Side Walls
  • Roof Construction: Asphalt/Fiberglass
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 12

Utilities

  • Electric Company: City of Metropolis
  • Cooling: Central Air
  • Heating: Gas
  • Water Supply: City on Premises
  • Gas Company: Liberty Utilities
  • Water Company: City of Metropolis

Lot Info

  • Zoning: Commercial
  • Estimated Land Size: 60x150
  • Geo Subdivision: IL
  • Property Use: Freestanding Building, Office Building

Rental Info

  • Sale Lease Includes: Building

Tax Info

  • Annual Taxes: 6770
  • Parcel Id Number Tax Id: 08-02-443-006
  • Tax Incentive: In City Limit
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Jan 13, 2023
Sold by
Paxton Media Group Llc
Bought by
619 Properties Llc
Seller's Agent
Tiffany Korte
Farmer & Co. Real Estate
Buyer's Agent
STEPHEN GRIMES
GIA REAL ESTATE, INC.
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%
Views
15
Current Estimated Value
$130,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,618
Avg. Annual Appreciation
7.68%
Original Mortgage
$89,500
Outstanding Balance
$87,346
Interest Rate
7.95%
Mortgage Type
New Conventional
Estimated Equity
$43,272
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
619 Properties Llc -- --
619 Properties Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 619 Properties Llc $89,500
Closed 619 Properties Llc $89,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $105,000 -12.4% --
12/21/2022 12/21/22 Pending -- -- --
12/12/2022 12/12/22 For Sale $119,900 -- --
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 $3,491 $42,484 $10,733 $31,751
2023 $3,655 $40,000 $10,105 $29,895
2022 $3,590 $40,000 $10,105 $29,895
2021 $6,770 $76,060 $10,105 $65,955
2020 $7,373 $76,060 $10,105 $65,955
2019 $6,537 $74,630 $9,915 $64,715
2018 $6,481 $76,060 $10,105 $65,955
2017 $6,708 $76,060 $10,105 $65,955
2016 $6,190 $74,319 $9,874 $64,445
2015 $6,145 $76,060 $10,105 $65,955
2014 $6,145 $76,060 $10,105 $65,955
2013 $5,970 $76,060 $10,105 $65,955
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Korte

    Seller's Agent in 2023

    Tiffany Korte

    Farmer & Co. Real Estate

    (618) 645-9088

    142 in this area

    258 Total Sales

    Tiffany Korte
    Section Image
  • STEPHEN GRIMES

    Buyer's Agent in 2023

    STEPHEN GRIMES

    GIA REAL ESTATE, INC.

    (618) 645-3700

    41 in this area

    62 Total Sales

    STEPHEN GRIMES
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAEB447242

RMLS Alliance

APN: 08-02-443-006

Illinois Massac County Metropolis 62960

109 E 5th St, Metropolis, IL

Not Listed for Sale

Other

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