NOT LISTED FOR SALE

118 E Union St Marion, IL 62959

Estimated Value: $229,936

-- Bed
-- Bath
-- Sq Ft
0.33 Acres

Last Sold December 09, 2019

Last sale price $150,000

Est. 53% increase in value since last sale

Current estimated payment $1,654/month

415 Days on Market

Highlights

  • Central Air
  • Washington Elementary School Rated A-
  • 2-minute walk to Tower Square Plaza Office Center

About This Home

As of December 2019

6400 sq ft building in great location with both onsite and public parking in Downtown Marion, IlGreat building to be used as Resturant or office space. Building was updated a few years ago with new rubber membrane roof, Heat & Air, New baths and remodeled interior. Currently being use as a church. Building has clear span structure and could be configured to accomadate buyers needs. Great price on this property in area with several new and existing business. Several successful Resturant in areaDisclosure: none

Last Agent to Sell the Property

Jerry Beasley

HOUSE 2 HOME REALTY License #475149703 Listed on: 10/01/2018

Last Buyer's Agent

CLARENCE ROGERS

COLDWELL BANKER PRIME REALTY License #475167312

COLDWELL BANKER PRIME REALTY

Property Details

Property Type

  • Other

Year Built

  • Built in 1940

Lot Details

  • 0.33

Utilities

  • Central Air
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: Building, fixtures
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Total Sq Ft: 6400

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Corner Lot, City Street
  • Insulation: Unknown
  • Roof Construction: Other Roof Construction
  • Wall Construction: Brick, Masonry
  • Construction: Brick

Garage/Parking

  • Numberparking Spaces Allocated: 60

Utilities

  • Electric Company: Amer
  • Cooling: Central Air
  • Heating: Gas
  • Gas Company: Amer
  • Water Company: Marion

Lot Info

  • Estimated Number of Acres: 0.33
  • Zoning: Commercial
  • Estimated Land Size: 170 x 85
  • Geo Subdivision: IL
  • Irregular Lot: No

Rental Info

  • Sale Lease Includes: Sale/Lease Other
  • Terms Lease: N/A

Tax Info

  • Parcel Id Number Tax Id: 0718364007
  • Tax Incentive: None
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Dec 9, 2019
Sold by
Potters House
Bought by
Dahmer Hiram Franklin
Seller's Agent
Jerry Beasley
HOUSE 2 HOME REALTY
Buyer's Agent
CLARENCE ROGERS
COLDWELL BANKER PRIME REALTY
List Price
$185,000
Sold Price
$150,000
Premium/Discount to List
-$35,000
-18.92%
Current Estimated Value
$229,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,936
Avg. Annual Appreciation
7.29%
Original Mortgage
$120,000
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Dahmer Hiram Franklin -- Patchett Hampson And Garrison
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dahmer Hiram Franklin $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2019 12/09/19 Sold $150,000 0.0% --
11/01/2019 11/01/19 Off Market $150,000 -- --
10/31/2019 10/31/19 For Sale $185,000 0.0% --
10/01/2018 10/01/18 For Sale $185,000 -- --
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
2025 $5,437 $70,150 $11,070 $59,080
2024 $5,437 $70,150 $11,070 $59,080
2023 $5,437 $70,150 $11,070 $59,080
2022 $4,320 $61,800 $9,750 $52,050
2021 $4,212 $59,570 $9,400 $50,170
2020 $4,212 $56,280 $8,880 $47,400
2019 $334 $4,690 $740 $3,950
2018 $0 $56,240 $8,880 $47,360
2017 $0 $56,240 $8,880 $47,360
2015 -- $53,270 $8,410 $44,860
2013 -- $53,270 $8,410 $44,860
2012 -- $53,270 $8,410 $44,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB423674

RMLS Alliance

APN: 07-18-364-007