NOT LISTED FOR SALE

1210 E Reeves St Unit 7 Marion, IL 62959

Estimated Value: $423,000 - $778,000

Studio
-- Bath
7,479 Sq Ft
$86/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2024

Last sale price $725,000 $97 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,201 / mo

144 Days on Market

About This Home

As of August 2024

This 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

Shelly Cain

COLDWELL BANKER J D THOMPSON License #475162651 Listed on: 02/29/2024

COLDWELL BANKER J D THOMPSON

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,184

Year Built

Built in 2012

Lot Details

8,625 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 2012
  • Legal Description: lot 5 & 6 Jefferson School Addn.
  • Information: 24-Hr Notice Required,No Sign on Property
  • Estimated Age: 7-15 Years
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Frontage Type: Paved

Utilities

  • Cooling: Central Air
  • Electric: Separate Meters
  • Heat/Ventilation: Heat Pump

Lot Info

  • Lot Dimensions: 172.98x142
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 7479

Rental Info

  • Board Number: 29

Multi Family

  • Net Operating Income: 52566
  • GrossIncome: 70800
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 4050

Tax Info

  • Tax Annual Amount: 14184.46

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Aug 30, 2024
Sold by
Bought by
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
$640,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,379
Avg. Annual Appreciation
-6.57%
Original Mortgage
$575,000
Outstanding Balance
$521,461
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$119,160
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$725,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $575,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,980 $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

    Seller's Agent in 2024

    Shelly Cain

    COLDWELL BANKER J D THOMPSON

    (618) 922-5072

    162 in this area

    267 Total Sales

    Shelly Cain
    Section Image

  • S

    Buyer's Agent in 2024

    Sarah Janisse Francis

    House 2 Home Realty Marion

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB452407

Midwest Real Estate Data (MRED)

APN: 07-18-279-008

Illinois Williamson County Marion 62959

1210 E Reeves St Unit 7, Marion, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.