NOT LISTED FOR SALE

1640 W 10th St Metropolis, IL 62960

Estimated Value: $157,627

Studio
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold January 10, 2022

Last sale price $70,000

Est. 125% increase in value since last sale

Current estimated payment $990/month

2,435 Days on Market

About This Home

As of January 2022

Former Trails Inn. Well established commercial location with 3036 SF of open area, bar, kitchen and storage room. Great visibility along Route 45.Disclosure: None - Commercial Property

Last Agent to Sell the Property

Stewart Weisenberger

Farmer & Co. Real Estate License #471018059 Listed on: 04/16/2015

Last Buyer's Agent

KENNETH WIGGS

C21 HOUSE OF REALTY, INC. License #475189138

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1974

Lot Details

  • 4,356

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$2,604

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: Business + RE
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Other Flooring
  • Total Sq Ft: 3036
  • Total Building Sq Ft: 3036

Exterior Features

  • Exterior Finish: EFIS
  • Frontage Access: City Street, State Road
  • Insulation: Roof
  • Roof Construction: Metal
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 17

Utilities

  • Electric Company: City
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Gas Company: Liberty
  • Water Company: City

Association/Amenities

  • Amenities: Wireless Internet

Lot Info

  • Estimated Number of Acres: 0.1
  • Zoning: Commercial
  • Estimated Land Size: 52x8x40x81.88x31.58x40x20
  • Geo Subdivision: IL
  • Irregular Lot: Yes
  • Lot Size Remarks: See Deed for Exact Measurements

Rental Info

  • Sale Lease Includes: Business
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 2604.16
  • Parcel Id Number Tax Id: 0535300045
  • Estimated Taxes Sq Ft: 0.84
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Shimley Patsy
Bought by
Loftus Lance and Loftus Emily
Current Estimated Value
$157,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,581
Outstanding Balance
$144,714
Interest Rate
7.95%
Mortgage Type
New Conventional
Estimated Equity
$12,913

Purchase Details

Listed on
Apr 16, 2015
Closed on
Feb 17, 2022
Sold by
Sarah Brown
Bought by
Shimley Patsy
Seller's Agent
Stewart Weisenberger
Farmer & Co. Real Estate
Buyer's Agent
KENNETH WIGGS
C21 HOUSE OF REALTY, INC.
List Price
$165,000
Sold Price
$70,000
Premium/Discount to List
-$95,000
-57.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.13%

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jan 10, 2022
Sold by
Jacobs Rita A
Bought by
Shimley Patsy and Brown Sarah
Seller's Agent
Stewart Weisenberger
Farmer & Co. Real Estate
Buyer's Agent
KENNETH WIGGS
C21 HOUSE OF REALTY, INC.
List Price
$165,000
Sold Price
$70,000
Premium/Discount to List
-$95,000
-57.58%
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
Loftus Lance $148,000 None Listed On Document
Shimley Patsy -- Richard Kruger Law Firm
Shimley Patsy -- None Listed On Document
Shimley Patsy $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loftus Lance $147,581
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2022 01/10/22 Sold $70,000 -57.6% --
12/15/2021 12/15/21 Pending -- -- --
04/16/2015 04/16/15 For Sale $165,000 -- --
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
2024 $2,036 $24,779 $1,646 $23,133
2023 $2,132 $23,330 $1,550 $21,780
2022 $2,094 $23,330 $1,550 $21,780
2021 $2,076 $23,330 $1,550 $21,780
2020 $2,908 $30,000 $1,550 $28,450
2019 $2,578 $29,436 $1,521 $27,915
2018 $2,556 $30,000 $1,550 $28,450
2017 $3,483 $39,495 $0 $39,495
2016 $3,214 $38,591 $0 $38,591
2015 $3,191 $39,495 $0 $39,495
2014 $3,191 $39,495 $0 $39,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB332799

RMLS Alliance

APN: 05-35-300-045