NOT LISTED FOR SALE

1210 E Reeves St Marion, IL 62959

Estimated Value: $577,000 - $798,000

Studio
-- Bath
7,479 Sq Ft
$94/Sq Ft Est. Value

Last Sold August 30, 2024

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

Est. 3% decrease in value since last sale

Current estimated payment $4,358/month

114 Days on Market

About This Home

As of August 2024

1004 Radcliffe/1210 E Reeves. This is multi family. 2 duplexes with 2 bedroom 1 bath and a one car garage w/ parking. The triplex has a 2 bedroom 1 bath, and 2 2/2 all with one car garage and parking. This is a great investment property located on 2 lots. Built 2012 & 2013. It is conveniently located in Marion just off Deyoung (Route 13) with potential rent increases and a they have a strong tenant history. Please allow ample time for showing!

Last Agent to Sell the Property

Shelly Cain

COLDWELL BANKER J D THOMPSON License #475162651 Listed on: 04/02/2024

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

Home Design

  • 7,479 Sq Ft Home
  • Frame Construction
  • Stone Siding
  • Vinyl Siding

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 7 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,184

Year Built

Built in 2012

Lot Details

0 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
  • Sale Price Includes: Building
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Possible Use: Multi-Family

Exterior Features

  • Construction Materials: Stone, Vinyl Siding, Frame
  • Frontage Type: City Street

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Heat Pump

Lot Info

  • Zoning: RESID
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 7479

Rental Info

  • Board Number: 29

Multi Family

  • NumberOfUnitsTotal: 7

Tax Info

  • Tax Annual Amount: 14184.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 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%
Current Estimated Value
$702,353

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
-2.08%
Original Mortgage
$575,000
Outstanding Balance
$521,461
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$180,892
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
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
07/25/2024 07/25/24 Pending -- -- --
04/02/2024 04/02/24 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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB452843

Midwest Real Estate Data (MRED)

APN: 07-18-279-008

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