NOT LISTED FOR SALE

1406 N State St Unit 2 Marion, IL 62959

Estimated Value: $125,000 - $183,401

5 Beds
4 Baths
2,950 Sq Ft
$53/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $142,000 $48 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,019/month

95 Days on Market

About This Home

As of July 2022

NEW LISTING---GREAT INVESTMENT PROPERTY---2 HOMES LOCATED ON THE CORNER OF N STATE AND E PATRICK. BOTH HOMES ARE RENTED. THEY HAVE BEEN REMODELED, FRONT HOME IS A 2 BEDROOM 2 BATH AND 2ND HOME IS A 2 STORY 3 BEDROOM , 2 BATH. BOTH HOMES HAVE GARAGES

Last Agent to Sell the Property

Linda Ruehmkorff

COLDWELL BANKER J D THOMPSON License #475125241 Listed on: 02/10/2022

COLDWELL BANKER J D THOMPSON

Last Buyer's Agent

Linda Ruehmkorff

COLDWELL BANKER J D THOMPSON License #475125241 Listed on: 02/10/2022

COLDWELL BANKER J D THOMPSON

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,875

Year Built

  • 1910

Lot Details

  • 0.37

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Marion Elementary School
  • Marion High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,875

Year Built

1910

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story | 2+ Story
  • Legal Description: 001 001 035 GOODALLS, JOAB 6TH ADD
  • Lvt Date: 02/10/2022
  • Year Built: 19101980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Block
  • Price Per Sq Ft: 48.14
  • Total Sq Ft: 2950

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, Detached
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Gas, Central Air
  • Water Sewer: Community Water System, Community Sewer System

Schools

  • Elementary School: Marion
  • High School: Marion

Lot Info

  • Estimated Lot Size: 80 X 116
  • Lot Description: Corner, Level
  • Zoning: RESIDENTIAL
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 1875.46
  • Parcel Id Number Tax Id: 07-18-126-012
  • Tax Year: 2021

Multi Family

  • Total Number Units: 2
  • Total Number Electric Meters: 1
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Marion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Jul 8, 2022
Sold by
Fisher Joel D
Bought by
Bays Escapes Llc
Seller's Agent
Linda Ruehmkorff
COLDWELL BANKER J D THOMPSON
Buyer's Agent
Linda Ruehmkorff
COLDWELL BANKER J D THOMPSON
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%
Current Estimated Value
$156,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,100
Avg. Annual Appreciation
2.74%
Original Mortgage
$120,700
Outstanding Balance
$47,788
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$108,312

Purchase Details

Closed on
Dec 23, 2019
Sold by
David Fisher
Bought by
Fisher Joel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Bays Escapes Llc $142,000 None Listed On Document
Fisher Joel D $85,000 Mayberry Brandon C
Fisher Joel D $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bays Escapes Llc $120,700
Previous Owner Fisher Joel D $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $142,000 -5.3% $48 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $149,900 0.0% $51 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/29/2022 03/29/22 Price Changed $149,900 -6.9% $51 / Sq Ft
03/09/2022 03/09/22 Price Changed $161,000 -10.1% $55 / Sq Ft
02/10/2022 02/10/22 For Sale $179,000 -- $61 / 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
2025 $2,421 $31,240 $6,580 $24,660
2024 $2,421 $31,240 $6,580 $24,660
2023 $2,421 $31,240 $6,580 $24,660
2022 $1,924 $27,530 $5,800 $21,730
2021 $1,875 $26,530 $5,590 $20,940
2020 $1,875 $25,060 $5,280 $19,780
2019 $1,902 $25,060 $5,280 $19,780
2018 $1,902 $25,060 $5,280 $19,780
2017 $1,868 $25,060 $5,280 $19,780
2015 $1,810 $23,740 $5,000 $18,740
2013 $1,538 $23,740 $5,000 $18,740
2012 $1,538 $23,740 $5,000 $18,740
Source: Public Records

Agents Affiliated with this Home

  • Linda Ruehmkorff

    Seller's Agent in 2022

    Linda Ruehmkorff

    COLDWELL BANKER J D THOMPSON

    (618) 922-4748

    78 in this area

    132 Total Sales

    Linda Ruehmkorff
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Map

Source: RMLS Alliance

MLS Number: EB443102

RMLS Alliance

APN: 07-18-126-012

Illinois Williamson County Marion 62959

1406 N State St Unit 2, Marion, IL

Not Listed for Sale

MultiFamily

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