NOT LISTED FOR SALE

1205 Coburn St Metropolis, IL 62960

Estimated Value: $129,275

-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold December 30, 2020

Last sale price $99,000

Est. 31% increase in value since last sale

Current estimated payment $944/month

23 Days on Market

About This Home

As of December 2020

Take a look at this great investment opportunity. This property has 28 storage units completely fenced in and brings in an average income of $16,000 per year. Don't miss out on this great business opportunity.

Last Listed By

Stewart Weisenberger

Farmer & Co. Real Estate License #471018059 Listed on: 10/05/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,085

Lot Details

  • 0.25

Property Details

Property Type

Other

Est. Annual Taxes

$2,085

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Other
  • Lvt Date: 10/05/2020
  • Flood Insurance: Unknown
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood
  • Other Access: None
  • Total Building Sq Ft: 2964
  • Estimated Lot Sq Ft: 2964

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: City Street
  • Insulation: None
  • Roof Construction: Metal
  • Wall Construction: Frame, Other Wall Construction

Utilities

  • Electric Company: City
  • Cooling: None
  • Heating: None
  • Water Supply: City Available
  • Gas Company: Liberty
  • Water Company: City

Lot Info

  • Estimated Number of Acres: 0.25
  • Zoning: Commercial
  • Estimated Land Size: 90x126
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Property Use: Other Property Use, Self/Mini-Storage

Rental Info

  • Monthly Lease Rate: 1333
  • Lease Dollar Sq Ft: 0.45
  • Lease Type: Gross
  • Terms Lease: Month to Month
  • Annual Lease per Sq Ft: 5.39

Tax Info

  • Annual Taxes: 2085.4
  • Parcel Id Number Tax Id: 08-01-170-020
  • Estimated Taxes Sq Ft: 0.7
  • Tax Incentive: In City Limit
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Dec 30, 2020
Sold by
B & B Commercial Properties Llc
Bought by
Childs Deborah and Porter Michael
Seller's Agent
Stewart Weisenberger
Farmer & Co. Real Estate
Buyer's Agent
Stewart Weisenberger
Farmer & Co. Real Estate
List Price
$99,000
Sold Price
$99,000
Total Days on Market
23
Current Estimated Value
$129,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,275
Avg. Annual Appreciation
6.61%
Original Mortgage
$79,200
Outstanding Balance
$74,558
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$56,149

Purchase Details

Closed on
Jun 26, 2015
Sold by
Cornwell Charles E and Cornwell Mary N
Bought by
B & B Commercial Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.75%
Mortgage Type
Commercial

Range of Values:

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ICE

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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
Childs Deborah $99,000 None Available
B & B Commercial Properties $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Childs Deborah $79,200
Previous Owner B & B Commercial Propeties Llc $652,280
Previous Owner B & B Commercial Properties $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $99,000 0.0% --
10/28/2020 10/28/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $99,000 -- --
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
2023 $2,741 $30,000 $3,985 $26,015
2022 $2,693 $30,000 $3,985 $26,015
2021 $2,160 $24,265 $3,985 $20,280
2020 $2,352 $24,265 $3,985 $20,280
2019 $2,085 $23,809 $3,910 $19,899
2018 $2,068 $24,265 $3,985 $20,280
2017 $2,140 $24,265 $3,985 $20,280
2016 $1,975 $23,710 $3,894 $19,816
2015 $1,961 $24,265 $3,985 $20,280
2014 $1,961 $24,265 $3,985 $20,280
2013 -- $20,890 $4,220 $16,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB436476

RMLS Alliance

APN: 08-01-170-020