NOT LISTED FOR SALE

1408 W Main St Marion, IL 62959

Estimated Value: $156,000 - $198,000

4 Beds
2 Baths
2,828 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $135,000 $48 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,133/month

15 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Central Air
  • No HOA
  • Eat-In Kitchen
  • Level Lot

About This Home

As of March 2023

Great investment opportunity! This single family home has been converted into two rental units. The main level is 2 bedroom, 1 bath, with a two car attached garage and the entrance into the basement. The upstairs apartment also has 2 bedrooms, 1 bath and is currently being rented until November 2023 for $850. Each unit has their own washer and dryer, hot water heater, and separate electric bills. This could easily be converted back into a single family home.

Last Agent to Sell the Property

Kaitlynn Morgan

House 2 Home Realty License #475133544 Listed on: 01/11/2023

Last Buyer's Agent

Brooke Schimp

House 2 Home Realty Marion License #475.173795

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 62x285x87x135
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Carport
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,828 Sq Ft Home
  • Vaulted Ceiling
  • Blinds
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Marion High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 06-13-384-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,086

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 2828
  • Window Features: Blinds
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Brick
  • Foundation Details: Brick/Mortar
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Carport, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Heat Pump
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Marion

Lot Info

  • Lot Size: 62x285x87x135
  • Parcel #: 06-13-384-003

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3085.64
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 31, 2023
Sold by
Felty Rita
Bought by
Loury Steven and Loury Danyelle
Seller's Agent
Kaitlynn Morgan
House 2 Home Realty
Buyer's Agent
Brooke Schimp
House 2 Home Realty Marion
List Price
$154,500
Sold Price
$135,000
Premium/Discount to List
-$19,500
-12.62%
Views
172
Current Estimated Value
$179,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,207
Avg. Annual Appreciation
10.34%
Original Mortgage
$138,105
Outstanding Balance
$134,096
Interest Rate
7.13%
Mortgage Type
VA
Estimated Equity
$45,111

Purchase Details

Closed on
Jul 22, 2022
Sold by
Sims Wayland D
Bought by
Felty Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,830
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Loury Steven $135,000 None Listed On Document
Felty Rita $65,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loury Steven $138,105
Previous Owner Felty Rita $73,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $135,000 -12.6% $48 / Sq Ft
01/11/2023 01/11/23 For Sale $154,500 -- $55 / Sq Ft
Source: RMLS Alliance

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 $2,422 $47,540 $4,890 $42,650
2024 $3,251 $47,540 $4,890 $42,650
2023 $2,422 $41,930 $4,310 $37,620
2022 $3,086 $44,140 $4,540 $39,600
2021 $3,009 $42,550 $4,380 $38,170
2020 $3,009 $40,200 $4,140 $36,060
2019 $3,051 $40,200 $4,140 $36,060
2018 $3,051 $40,200 $4,140 $36,060
2017 $2,997 $40,200 $4,140 $36,060
2015 $2,904 $38,080 $3,920 $34,160
2013 $2,467 $38,080 $3,920 $34,160
2012 $2,467 $38,080 $3,920 $34,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4239785

RMLS Alliance

APN: 06-13-384-003

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