NOT LISTED FOR SALE

201 S Locust St Pana, IL 62557

Estimated Value: $95,327

-- Bed
-- Bath
-- Sq Ft
3,441 Sq Ft Lot

Last Sold July 29, 2022

Last sale price $85,000

Est. 12% increase in value since last sale

Current estimated payment $760/month

131 Days on Market

About This Home

As of July 2022

"Solid income producing, commercial building in downtown Pana, with long term tenants. Commercial office/retail space on main floor with over 1,800 square feet of space in excellent condition with long term tenant. Upstairs apartment, with 2 bedroom, 1 bath with over 1,800 square feet of space with tenant. Rear 1 bedroom townhouse apartment with over 1400 square feet, currently vacant. Entire building is in very good condition. Nice location in heart of downtown on the corner.

Last Listed By

Steve Craggs

Craggs REALTORS, Inc. License #471003692 Listed on: 02/20/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,676

Lot Details

  • 3,441

Utilities

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

Listing and Financial Details

  • Tenant pays for gas, electric, heating, cooling, water/sewer
  • The owner pays for owner pays

Property Details

Property Type

Other

Est. Annual Taxes

$1,676

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Lvt Date: 02/22/2022
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Other Flooring, Tile/Vinyl
  • Total Building Sq Ft: 5200

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Corner Lot, City Street
  • Insulation: Roof, Unknown
  • Roof Construction: Membrane
  • Wall Construction: Brick

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Gas, Heat Pump
  • Water Supply: Municipal/City

Lot Info

  • Zoning: C-1
  • Estimated Land Size: 21.5 x 160
  • Geo Subdivision: IL
  • Lot Size Remarks: Corner lot
  • Property Use: Other Property Use, Office Building

Rental Info

  • Owner Pays: Owner Pays Other
  • Sale Lease Includes: Building
  • Tenant Pays: Gas, Electric, Heating, Cooling, Water/Sewer

Tax Info

  • Annual Taxes: 1676
  • Parcel Id Number Tax Id: 11-25-21-230-013-00
  • Tax Incentive: In City Limit
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2022
Closed on
Jul 28, 2022
Sold by
Lively Brent J and Lively Adam Mathias
Bought by
Waters Kenneth
Seller's Agent
Steve Craggs
Craggs REALTORS, Inc.
Buyer's Agent
Steve Craggs
Craggs REALTORS, Inc.
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%
Total Days on Market
131
Current Estimated Value
$95,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,327
Avg. Annual Appreciation
4.13%
Original Mortgage
$74,000
Outstanding Balance
$69,255
Interest Rate
6.8%
Estimated Equity
$25,865

Range of Values:

Collateral Analytics

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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
Waters Kenneth $85,000 Not Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Kenneth $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $85,000 -4.5% --
07/01/2022 07/01/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $89,000 -10.1% --
02/20/2022 02/20/22 For Sale $99,000 -- --
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
2023 $2,778 $28,147 $2,605 $25,542
2022 $1,760 $17,147 $2,605 $14,542
2021 $1,722 $16,811 $2,554 $14,257
2020 $1,676 $16,098 $2,446 $13,652
2019 $1,687 $16,477 $2,504 $13,973
2018 $1,648 $16,154 $2,455 $13,699
2017 $1,658 $16,484 $2,505 $13,979
2016 $1,640 $16,438 $2,498 $13,940
2015 $1,638 $16,247 $2,469 $13,778
2014 $1,530 $15,111 $2,296 $12,815
2013 $1,534 $15,111 $2,296 $12,815
2011 $1,509 $15,468 $2,350 $13,118
Source: Public Records

Agents Affiliated with this Home

  • Steve Craggs

    Seller's Agent in 2022

    Steve Craggs

    Craggs REALTORS, Inc.

    (217) 823-9272

    221 Total Sales

    Steve Craggs
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Monte Evans Jr.

    Craggs REALTORS, Inc.

    34 Total Sales

    Monte Evans Jr.
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1012533

RMLS Alliance

APN: 11-25-21-230-013-00

Illinois Christian County Pana 62557

201 S Locust St, Pana, IL

Homes for Sale in Pana, IL

This home is located at 201 S Locust St, Pana, IL 62557 since 20 February 2022 and is currently estimated at $95,327. 201 S Locust St is a home located in Christian County with nearby schools including Washington Elementary School, Lincoln Elementary School, and Pana Jr 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.