NOT LISTED FOR SALE

1702 Park Ln Marion, IL 62959

Estimated Value: $348,000 - $397,850

8 Beds
4 Baths
3,968 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $300,000 $76 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,671/month

6 Days on Market

About This Home

As of March 2022

Great Investment opportunity in this 4 plex. All units have their own garage and currently rented. Nice quite location with a private back yard on the East side of Marion.

Last Agent to Sell the Property

Shelly Cain

COLDWELL BANKER J. DAVID THOMPSON License #475162651 Listed on: 01/18/2022

COLDWELL BANKER J. DAVID THOMPSON

Last Buyer's Agent

Linda Ruehmkorff

COLDWELL BANKER J. DAVID THOMPSON License #475125241

COLDWELL BANKER J. DAVID THOMPSON

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,173

Year Built

  • Built in 1997

Lot Details

  • 0.68

Interior Spaces

  • 1-Story Property

Schools

  • Marion High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,173

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story
  • Legal Description: lot 17 blk 000 plt 108 darman estates lots 17&18
  • Lvt Date: 01/18/2022
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Brick, Slab
  • Price Per Sq Ft: 75.6
  • Total Sq Ft: 3968

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Central Air
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Marion
  • High School: Marion

Lot Info

  • Estimated Lot Size: 200x150
  • Estimated Number of Acres: 0.68
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric

Tax Info

  • Annual Taxes: 6172.78
  • Parcel Id Number Tax Id: 07-19-226-015
  • Tax Year: 2020

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 34200
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Oct 9, 2019
Sold by
Mccarthy Family Trust
Bought by
Cj Lands & Williamson Llc
Seller's Agent
Richard Davis
C21 House of Realty, INC.
Buyer's Agent
CHAD NALLEY
C21 House of Realty, INC.
List Price
$239,900
Sold Price
$185,000
Premium/Discount to List
-$54,900
-22.88%
Current Estimated Value
$379,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,713
Avg. Annual Appreciation
12.69%
Original Mortgage
$149,000
Outstanding Balance
$115,168
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$264,545
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
Cj Lands & Williamson Llc $185,000 Patchett Hampson And Garrison
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cj Lands & Williamson Llc $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2022 03/04/22 Sold $300,000 +0.7% $76 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $297,900 +61.0% $75 / Sq Ft
10/10/2019 10/10/19 Sold $185,000 -22.9% $47 / Sq Ft View Prior Sale
09/10/2019 09/10/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $239,900 -- $60 / 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 $7,968 $102,800 $11,340 $91,460
2024 $7,968 $102,800 $11,340 $91,460
2023 $7,968 $102,800 $11,340 $91,460
2022 $6,331 $90,570 $9,990 $80,580
2021 $6,173 $87,300 $9,630 $77,670
2020 $6,173 $82,480 $9,100 $73,380
2019 $6,261 $82,480 $9,100 $73,380
2018 $6,261 $82,480 $9,100 $73,380
2017 $6,149 $82,480 $9,100 $73,380
2015 $5,958 $78,130 $8,620 $69,510
2013 $5,061 $78,130 $8,620 $69,510
2012 $5,061 $78,130 $8,620 $69,510
Source: Public Records

Agents Affiliated with this Home

  • Shelly Cain

    Seller's Agent in 2022

    Shelly Cain

    COLDWELL BANKER J. DAVID THOMPSON

    (618) 922-5072

    166 in this area

    268 Total Sales

    Shelly Cain
    Section Image
  • Linda Ruehmkorff

    Buyer's Agent in 2022

    Linda Ruehmkorff

    COLDWELL BANKER J. DAVID THOMPSON

    (618) 922-4748

    75 in this area

    127 Total Sales

    Linda Ruehmkorff
    Section Image
  • Richard Davis

    Seller's Agent in 2019

    Richard Davis

    C21 House of Realty, INC.

    (618) 997-6495

    29 in this area

    119 Total Sales

    Richard Davis
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    CHAD NALLEY

    C21 House of Realty, INC.

See All Agents

Map

Source: RMLS Alliance

MLS Number: EB442781

RMLS Alliance

APN: 07-19-226-015

Illinois Williamson County Marion 62959

1702 Park Ln, Marion, IL

This home is located at 1702 Park Ln, Marion, IL 62959 since 18 January 2022 and is currently estimated at $379,713, approximately $95 per square foot. This property was built in 1997. 1702 Park Ln is a home located in Williamson County with nearby schools including Washington Elementary School, Marion Junior High School, and Marion High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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