NOT LISTED FOR SALE

1201 E Main St Marion, IL 62959

Estimated Value: $169,479

Studio
-- Bath
-- Sq Ft
0.87 Acres

Last Sold November 02, 2021

Last sale price $125,000

Est. 36% increase in value since last sale

Current estimated payment $1,154/month

About This Home

As of November 2021

SO MUCH POTENTIAL at such little cost! 2 Buildings approx. 3600 SqFt on ALMOST ONE ACRE of ground on one of the busiest streets in Marion - Just a few blocks east of the Marion square- The ideal spot for your Local Business!! Call me today for the details.Disclosure: Tenant occupied mo/mo Marion Proposed TIF District

Last Agent to Sell the Property

Tammy Kissing

TKF Realty License #471.022246 Listed on: 11/02/2021

Last Buyer's Agent

Beth Wilson

PAUL WILSON REALTY License #475138683

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 1991

Lot Details

  • 0.87

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Ceiling
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$2,370

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: RE Only
  • Lvt Date: 11/03/2021
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Other Flooring
  • Total Building Sq Ft: 3600

Exterior Features

  • Exterior Finish: Steel, Block
  • Frontage Access: City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal, Asphalt/Fiberglass
  • Wall Construction: Block

Utilities

  • Electric Company: Ameren
  • Cooling: Wall/Window
  • Heating: Gas, Electric, Radiant Ceiling
  • Gas Company: Ameren
  • Water Company: Marion

Lot Info

  • Estimated Number of Acres: 0.87
  • Zoning: Commercial
  • Estimated Land Size: 160 x 243 x 143 x 266
  • Geo Subdivision: IL
  • Irregular Lot: Yes
  • Lot Size Remarks: Lot dimensions are calculated from GIS and are approximate

Rental Info

  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 2369.86
  • Parcel Id Number Tax Id: 07-18-478-005
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Nov 2, 2021
Sold by
Stewart and Johnna
Bought by
Castellano Enrico and Castellano Stephanie
Seller's Agent
Tammy Kissing
TKF Realty
Buyer's Agent
Beth Wilson
PAUL WILSON REALTY
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$169,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,479
Avg. Annual Appreciation
7.57%
Original Mortgage
$112,500
Outstanding Balance
$95,514
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$73,965
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
Castellano Enrico $125,000 Mayberry Brandon C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castellano Enrico $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2021 11/02/21 Sold $125,000 0.0% --
11/02/2021 11/02/21 For Sale $125,000 -- --
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 $3,213 $41,450 $18,500 $22,950
2024 $3,213 $41,450 $18,500 $22,950
2023 $3,213 $41,450 $18,500 $22,950
2022 $2,553 $36,520 $16,300 $20,220
2021 $2,488 $35,200 $15,710 $19,490
2020 $2,488 $33,250 $14,840 $18,410
2019 $2,524 $33,250 $14,840 $18,410
2018 $2,524 $33,250 $14,840 $18,410
2017 $2,479 $33,250 $14,840 $18,410
2015 $2,402 $31,500 $14,060 $17,440
2013 $2,040 $31,500 $14,060 $17,440
2012 $2,040 $31,500 $14,060 $17,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB441997

RMLS Alliance

APN: 07-18-478-005