Seller's Agent in 2024
Shelly Cain
COLDWELL BANKER J D THOMPSON
(618) 922-5072
162 in this area
269 Total Sales
1210 E Reeves St Unit 7 Marion, IL 62959
Estimated Value: $577,000 - $798,000
Studio
--
Bath
7,479
Sq Ft
$94/Sq Ft
Est. Value
About This Home
As of August 2024This investment property includes property located on two lots and addresses. 1210 E Reeves & 1004 Radcliffe in Marion. 2 duplex units with 2/1 layouts and single garages, alongside a triplex featuring 2/2 and 2/1 units, each with single garages, totaling 7 units. Built between 2012-2013. It is conveniently located in Marion. With potential for rent increases and a strong tenant history, it presents an attractive investment opportunity. Please allow ample time for showing.
Last Agent to Sell the Property
COLDWELL BANKER J D THOMPSON License #475162651 Listed on: 02/29/2024
Last Buyer's Agent
Sarah Janisse Francis
House 2 Home Realty Marion License #475.202517
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,184
Year Built
- Built in 2012
Lot Details
- Lot Dimensions are 172.98x142
Home Design
- 7,479 Sq Ft Home
- Stone Siding
- Vinyl Siding
Utilities
- Central Air
- Heat Pump System
- Separate Meters
Community Details
Overview
- 7 Units
Building Details
- Operating Expense $4,050
- Gross Income $70,800
- Net Operating Income $52,566
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2024
Closed on
Aug 30, 2024
Sold by
Michael R Ponder R and Michael Florence T
Bought by
Cdr Rentals Llc
Seller's Agent
Shelly Cain
COLDWELL BANKER J D THOMPSON
Buyer's Agent
Sarah Janisse Francis
House 2 Home Realty Marion
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Views
117
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,647
Avg. Annual Appreciation
-2.14%
Original Mortgage
$575,000
Outstanding Balance
$521,461
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$180,892
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cdr Rentals Llc | $725,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cdr Rentals Llc | $575,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $725,000 | -3.3% | $97 / Sq Ft |
| 07/22/2024 07/22/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | For Sale | $750,000 | -- | $100 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $8,998 | $116,090 | $3,550 | $112,540 |
| 2024 | $8,980 | $116,090 | $3,550 | $112,540 |
| 2023 | $8,998 | $116,090 | $3,550 | $112,540 |
| 2022 | $7,150 | $102,280 | $3,130 | $99,150 |
| 2021 | $6,971 | $98,590 | $3,020 | $95,570 |
| 2020 | $6,971 | $93,150 | $2,850 | $90,300 |
| 2019 | $7,071 | $93,150 | $2,850 | $90,300 |
| 2018 | $7,071 | $93,150 | $2,850 | $90,300 |
| 2017 | $6,945 | $93,150 | $2,850 | $90,300 |
| 2015 | $6,730 | $88,240 | $2,700 | $85,540 |
| 2013 | $131 | $43,860 | $2,020 | $41,840 |
| 2012 | $131 | $2,020 | $2,020 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Shelly Cain
-
S
Buyer's Agent in 2024
Sarah Janisse Francis
House 2 Home Realty Marion
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: EB452407
APN: 07-18-279-008
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