NOT LISTED FOR SALE

109 W Park St Lenzburg, IL 62255

Estimated Value: $102,155

-- Bed
-- Bath
4,000 Sq Ft
$26/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $85,000 $21 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $655/month

125 Days on Market

Highlights

  • Bonus Room
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

So many possibilities with this building. Could be two very large apartments, one up and one on the main level; meeting rooms; escape rooms; production areas; just one and on. The room sizes are amazing. Plus the garage is large enough to house an RV. If you're looking for something unique and you have a specific need for a large area, check this one out.

Last Agent to Sell the Property

Doug Payne

Southern Illinois Realty, LLC License #471005505 Listed on: 09/12/2022

Co-Listed By

Judy Ross

Southern Illinois Realty, LLC License #471.019568

Last Buyer's Agent

Doug Payne

Southern Illinois Realty, LLC License #471005505 Listed on: 09/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,501

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 62x143

Home Design

  • Duplex
  • Steel Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • Bonus Room
  • Laundry in unit

Parking

  • Attached Garage
  • Additional Parking
  • On-Street Parking

Schools

  • Marissa Dist 40 Elementary And Middle School
  • Marissa High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, cable tv/satellite, electric, gas, sewer, water
  • Assessor Parcel Number 20-12.0-206-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,501

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Lenzburg
  • Special Description: No Exemptions
  • Ownership: Private
  • Year Built Exception: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Bonus Room, Laundry Facl-Private
  • Square Footage: 4000

Exterior Features

  • Construction: Steel Siding

Garage/Parking

  • Parking: 3-4 Car Attached Grg, Additional Parking, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: Marissa DIST 40
  • Elementary School: MARISSA DIST 40
  • Middle School: MARISSA DIST 40
  • High School: Marissa
  • Elementary School: MARISSA DIST 40
  • Junior High School: MARISSA DIST 40
  • School District: Marissa DIST 40
  • Senior High School: Marissa

Lot Info

  • Lot Dimensions: 62x143
  • Lot Sq Ft: 9148
  • Acres: 0.2100

Rental Info

  • Tenancy Type: None
  • Tenant Pays: All Utilities, Cable TV/Satellite, Electric, Gas, Sewer, Water

Multi Family

  • Units: 2
  • Type Of Units: 2-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 3023
  • Assessor Parcel Number: 20-12.0-206-016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Jan 17, 2023
Sold by
D D M Investments Inc
Bought by
Jordan Kenneth J
Seller's Agent
Doug Payne
Southern Illinois Realty, LLC
Buyer's Agent
Doug Payne
Southern Illinois Realty, LLC
List Price
$135,000
Sold Price
$85,000
Premium/Discount to List
-$50,000
-37.04%
Views
55
Current Estimated Value
$102,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,155
Avg. Annual Appreciation
7.18%
Original Mortgage
$76,000
Outstanding Balance
$73,581
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$28,574

Purchase Details

Closed on
Jan 27, 2014
Sold by
Wieland Gregory L
Bought by
Ddm Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
4.55%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 14, 2012
Sold by
Citizens Community Bank
Bought by
Wieland Gregory T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2007
Sold by
Rainey Walter A
Bought by
Rainey Walter A and Hayden Mary C

Purchase Details

Closed on
Jul 31, 2003
Sold by
Morris Richard and Morris Joan
Bought by
Rainey Walter A

Purchase Details

Closed on
Oct 7, 2002
Sold by
Hazel Reuben E
Bought by
Phelps Paul W and Phelps Randal M
Source: Public Records

Range of Values:

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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
Jordan Kenneth J $85,000 None Available
Ddm Investments Inc -- None Available
Wieland Gregory T $25,000 Southern Illinois Real Estat
Rainey Walter A -- None Available
Rainey Walter A $55,000 Chicago Title
Phelps Paul W $46,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Kenneth J $76,000
Previous Owner D D M Investments Inc $163,000
Previous Owner Wieland Gregory T $105,600
Previous Owner Wieland Gregory T $39,000
Previous Owner Rainey Walter A $7,800
Previous Owner Rainey Walter A $120,000
Previous Owner Rainey Walter A $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $85,000 -19.0% $21 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
11/30/2022 11/30/22 Price Changed $105,000 -12.5% $26 / Sq Ft
10/31/2022 10/31/22 Price Changed $120,000 -11.1% $30 / Sq Ft
09/12/2022 09/12/22 For Sale $135,000 -- $34 / Sq Ft
Source: MARIS MLS

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 $3,501 $48,976 $2,585 $46,391
2023 $3,236 $44,350 $2,341 $42,009
2022 $2,987 $36,969 $2,084 $34,885
2021 $3,022 $35,212 $1,985 $33,227
2020 $2,994 $36,322 $2,048 $34,274
2019 $3,092 $36,322 $2,048 $34,274
2018 $2,606 $28,369 $2,100 $26,269
2017 $1,305 $27,670 $2,048 $25,622
2016 $2,552 $28,046 $2,076 $25,970
2014 $2,545 $30,202 $2,497 $27,705
2013 $2,060 $31,368 $2,593 $28,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22058872

MARIS MLS

APN: 20-12.0-206-016