NOT LISTED FOR SALE

124 N 7th St Mount Vernon, IL 62864

Estimated Value: $99,000 - $115,316

8 Beds
-- Bath
2,496 Sq Ft
$42/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $65,500 $26 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $812/month

17 Days on Market

About This Home

As of June 2016

4 UNIT APARTMENT BUILDING on corner lot - Each unit offers 2 bedrooms, 1 bath with all city utilities. Each unit rented currently for $440 per month. Priced at $65,000 to see how easy it is to own, call today! Disclosure: N/A Personal Property Incl: N/A Water Company: Mt. Vernon

Last Agent to Sell the Property

Lisa McKinney

C21 All Pro Real Estate License #471003781 Listed on: 03/07/2016

Last Buyer's Agent

Suzanne Wood

Coldwell Banker Allen & Geary License #471000030

Coldwell Banker Allen & Geary

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1970

Lot Details

  • 6,970

Basement

  • Crawl Space

Schools

  • Mt Vernon Elementary School
  • Mt Vernon High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,268

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: Williams, GD Sub L1-4 5B8GR-AD Lot 2
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Price Per Sq Ft: 26.24
  • Total Sq Ft: 2496

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: Baseboard, Electric, Window Units
  • Water Sewer: Public Sewer, Public Water

Schools

  • Elementary School: Mt Vernon
  • High School: Mt Vernon
  • Elementary School: Mt Vernon
  • High School: Mt Vernon

Lot Info

  • Estimated Lot Size: 60x120
  • Estimated Number of Acres: 0.16
  • Lot Description: Corner
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2268
  • Parcel Id Number Tax Id: 07-29-336-001
  • Tax Year: 2014

Multi Family

  • Total Number Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2019
Sold by
Johnson Bernard R
Bought by
Goldman Properties Llc
Current Estimated Value
$106,079

Purchase Details

Listed on
Mar 7, 2016
Closed on
Jun 2, 2016
Sold by
Oliver Chad Anthony
Bought by
Johnson Bernard R
Seller's Agent
Lisa McKinney
C21 All Pro Real Estate
Buyer's Agent
Suzanne Wood
Coldwell Banker Allen & Geary
List Price
$65,000
Sold Price
$65,500
Premium/Discount to List
$500
0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$60,000
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2014
Sold by
Mckinney Rick D and Mckinney Lisa D
Bought by
Oliver Chad Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,350
Interest Rate
4.33%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Goldman Properties Llc -- --
Johnson Bernard R $65,500 Antonik Title Services
Oliver Chad Anthony $77,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Bernard R $113,831
Previous Owner Johnson Bernard R $60,000
Previous Owner Oliver Chad Anthony $46,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2016 06/02/16 Sold $65,500 +0.8% $26 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $65,000 -- $26 / Sq Ft
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
2024 $2,812 $34,816 $4,269 $30,547
2023 $2,812 $32,142 $3,941 $28,201
2022 $2,727 $28,195 $3,457 $24,738
2021 $2,610 $26,852 $3,292 $23,560
2020 $2,618 $25,096 $3,077 $22,019
2019 $2,582 $25,096 $3,077 $22,019
2018 $2,464 $24,242 $3,077 $21,165
2017 $2,382 $24,242 $3,077 $21,165
2016 $2,353 $24,242 $3,077 $21,165
2015 $2,302 $24,242 $3,077 $21,165
2014 $2,743 $24,242 $3,077 $21,165
2013 $2,743 $22,870 $2,903 $19,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB404565

RMLS Alliance

APN: 07-29-336-001