NOT LISTED FOR SALE

203 N Hamlet St Marion, IL 62959

Estimated Value: $162,000 - $189,000

-- Bed
-- Bath
2,304 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $150,000 $65 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,233/month

1 Day on Market

About This Home

As of March 2024

Welcome to a lucrative investment opportunity in the heart of Marion! This well-built, brick 4-unit apartment building boasts stability and growth potential. Each unit, occupied by long-term tenants paying $500/month, ensures immediate cashflow. Situated conveniently by the square, this property capitalizes on Marion's bustling growth, promising high demand and increasing property value. Don't miss out on securing your stake in Marion's thriving real estate market. Call listing agent for appointments.

Last Agent to Sell the Property

Alec Childers

House 2 Home Realty Marion Brokerage Phone: 618-663-5342 License #475.207335 Listed on: 02/19/2024

Last Buyer's Agent

Alec Childers

House 2 Home Realty Marion Brokerage Phone: 618-663-5342 License #475.207335 Listed on: 02/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,615

Year Built

  • Built in 1983

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75x170
  • Corner Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 2,304 Sq Ft Home
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Parking Pad

Schools

  • Marion High School

Utilities

  • Window Unit Heating System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 06-13-386-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,615

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1983
  • New Construction: No
  • Structure Type: Quadruplex
  • PricePerSqFt: 65.1
  • Age55PlusDevelopment: No
  • Attribution Contact: Cell: 618-663-5342
  • Special Features: None

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Brick
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 4

Utilities

  • Heating: Baseboard, Window Unit(s)
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 4
  • NumberOfHeatingUnits: 4
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 4
  • NumberOfElectricMeters: 4
  • NumberofWaterMeters: 4

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Marion

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size: 75x170
  • Parcel #: 06-13-386-002

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3614.62
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 48000
  • Resident Manager Expense: 2400
  • Annual Operating Expense: 8873

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Mar 22, 2024
Sold by
Michael R Hull Revocable Trust and Hull Michael R
Bought by
Wigeon Properties Llc
Seller's Agent
Alec Childers
House 2 Home Realty Marion
Buyer's Agent
Alec Childers
House 2 Home Realty Marion
List Price
$150,000
Sold Price
$150,000
Views
22
Current Estimated Value
$172,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,679
Avg. Annual Appreciation
9.20%
Original Mortgage
$150,000
Outstanding Balance
$148,407
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$22,165
Source: Public Records

Range of Values:

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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
Wigeon Properties Llc $33,333 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wigeon Properties Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $150,000 0.0% $65 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $150,000 -- $65 / 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 $3,594 $52,570 $9,930 $42,640
2024 $3,594 $52,570 $9,930 $42,640
2023 $3,594 $46,370 $8,760 $37,610
2022 $3,412 $48,810 $9,220 $39,590
2021 $3,327 $47,050 $8,890 $38,160
2020 $3,327 $44,450 $8,400 $36,050
2019 $3,374 $44,450 $8,400 $36,050
2018 $3,374 $44,450 $8,400 $36,050
2017 $3,314 $44,450 $8,400 $36,050
2015 $3,212 $42,110 $7,960 $34,150
2013 $2,728 $42,110 $7,960 $34,150
2012 $2,728 $42,110 $7,960 $34,150
Source: Public Records

Agents Affiliated with this Home

  • Alec Childers

    Seller's Agent in 2024

    Alec Childers

    House 2 Home Realty Marion

    (618) 663-5342

    11 in this area

    48 Total Sales

    Alec Childers
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Map

Source: RMLS Alliance

MLS Number: QC4250250

RMLS Alliance

APN: 06-13-386-002

Illinois Williamson County Marion 62959

203 N Hamlet St, Marion, IL

This home is located at 203 N Hamlet St, Marion, IL 62959 since 19 February 2024 and is currently estimated at $172,679, approximately $74 per square foot. This property was built in 1983. 203 N Hamlet St is a home located in Williamson County with nearby schools including Lincoln 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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