NOT LISTED FOR SALE

119 S Cherry St Centralia, IL 62801

Estimated Value: $61,000 - $97,000

Studio
-- Bath
1,900 Sq Ft
$41/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $12,000 $6 Per Sq Ft

Est. 553% increase in value since last sale

Current estimated payment $528/month

7 Days on Market

About This Home

As of June 2022

3 unit multi unit building. The main building built in 1873 has 2 units, each 1 bedroom and 1 bath. The building is heated by a boiler system that heats both units. Each unit has its own kitchen, bath and separate hot water heater. The rear unit stands alone and is 432 sq ft built in 1923, it shares only the water from the main building and had a gas heater for heat. Excellent value add opportunity for a investor.

Last Agent to Sell the Property

Timothy Ratajczyk

Keller Williams Marquee License #471.020097 Listed on: 04/13/2022

Keller Williams Marquee

Last Buyer's Agent

Timothy Ratajczyk

Keller Williams Marquee License #471.020097 Listed on: 04/13/2022

Keller Williams Marquee

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1873

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 41 x 161

Parking

  • Off-Street Parking

Home Design

  • 1,900 Sq Ft Home
  • Triplex

Schools

  • Centralia Dist 135 Elementary And Middle School
  • Centralia High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 1400052085

Property Details

Home Type

Multi-Family

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 149
  • Ownership: Private
  • Year Built: 1873
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 1900

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: 1 Window/Wall
  • Heating: Heat Pump

Schools

  • Elementary School: CENTRALIA DIST 135
  • Junior High School: CENTRALIA DIST 135
  • School District: CENTRALIA DIST 135
  • Senior High School: Centralia

Lot Info

  • Lot Dimensions: 41 x 161
  • Lot Sq Ft: 6534
  • Acres: 0.1500

Rental Info

  • Tenancy Type: None
  • Tenant Pays: Electric

Multi Family

  • Units: 2
  • Type Of Units: 3-Family

Tax Info

  • Taxes Paid: 1411
  • Assessor Parcel Number: 1400052085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jun 22, 2022
Sold by
Gary Kiselewski
Bought by
Purnell Eric
Seller's Agent
Timothy Ratajczyk
Keller Williams Marquee
Buyer's Agent
Timothy Ratajczyk
Keller Williams Marquee
List Price
$11,500
Sold Price
$12,000
Premium/Discount to List
$500
4.35%
Current Estimated Value
$78,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,333
Avg. Annual Appreciation
70.14%
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
Purnell Eric -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $12,000 -4.0% $6 / Sq Ft
04/22/2022 04/22/22 Price Changed $12,500 +8.7% $7 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $11,500 -- $6 / 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 $1,427 $18,330 $2,240 $16,090
2023 $1,473 $17,130 $2,090 $15,040
2022 $1,442 $15,570 $1,900 $13,670
2021 $1,432 $14,560 $1,780 $12,780
2020 $1,411 $14,110 $1,720 $12,390
2019 $1,677 $16,480 $2,940 $13,540
2018 $1,706 $16,480 $2,940 $13,540
2017 $1,700 $16,150 $2,880 $13,270
2016 $1,694 $15,530 $2,770 $12,760
2015 $17 $15,530 $2,770 $12,760
2012 $16 $15,210 $2,710 $12,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22021840

MARIS MLS

APN: 1400052085