NOT LISTED FOR SALE

2150 W Main St Salem, IL 62881

-- Bed
-- Bath
4,250 Sq Ft
3.03 Acres

Last Sold January 31, 2020

Last sale price $380,000 $89 Per Sq Ft

110 Days on Market

About This Home

As of January 2020

This well-established automotive repair business is Located on the west side of Salem, IL on US Route 50 near the Selmaville Road intersection. This 4,250 sq' shop building situated on a 3.03 acre parcel. Shop building includes: 900 sq' of attractive office space, display, and waiting area with restrooms; shop area, parts storage, and break room comprise the balance of the square footage with additional mezzanine storage above. There are both 10' x 10' and 10' x 12' overhead doors. A clear ceiling height of 13'-10'' in the work/bay area allows for alternative utilization. The listed sale is ''Real Estate ONLY''; however, there is the opportunity available to purchase the repair business and personal property.Disclosure: $350,000 RE Only $420,000 RE & Business

Last Agent to Sell the Property

Alan Owen

Coldwell Banker Allen & Geary License #475182718 Listed on: 07/12/2019

Coldwell Banker Allen & Geary

Co-Listed By

Jim Somer

SOMER REAL ESTATE License #471004184

Last Buyer's Agent

Jim Somer

SOMER REAL ESTATE License #471004184

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,295

Year Built

  • Built in 1994

Lot Details

  • 3.03

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$6,295

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: automotive equipment included with business option
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Tile/Vinyl
  • Half Basement: No Basement
  • Total Sq Ft: 4256

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: State Road, Gravel Road
  • Insulation: Other Insulation
  • Roof Construction: Asphalt/Fiberglass
  • Wall Construction: Frame
  • Construction: Post Frame Contruction
  • Foundation: Slab

Garage/Parking

  • Numberparking Spaces Allocated: 50

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air, None
  • Heating: Forced Air, Gas, Radiant Ceiling
  • Gas Company: Ameren
  • Water Company: City of Salem

Lot Info

  • Estimated Number of Acres: 3.03
  • Zoning: Commercial
  • Estimated Land Size: 330' x 400'
  • Geo Subdivision: IL
  • Irregular Lot: No

Rental Info

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

Tax Info

  • Annual Taxes: 6294.62
  • Parcel Id Number Tax Id: 1108400002
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Jan 31, 2020
Sold by
Cox Robert B
Bought by
Hanshew Brandon L and Hanshew Alyssa K
Seller's Agent
Alan Owen
Coldwell Banker Allen & Geary
Buyer's Agent
Jim Somer
SOMER REAL ESTATE
List Price
$350,000
Sold Price
$380,000
Premium/Discount to List
$30,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$337,101
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Hanshew Brandon L $190,000 Larimer Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanshew Brandon L $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $380,000 +8.6% $89 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $350,000 -- $82 / 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
2024 $6,562 $90,210 $32,420 $57,790
2023 $6,325 $80,030 $26,020 $54,010
2022 $6,213 $72,750 $23,650 $49,100
2021 $6,120 $67,990 $22,100 $45,890
2020 $6,346 $67,470 $21,930 $45,540
2019 $6,289 $65,000 $21,130 $43,870
2018 $6,295 $65,000 $21,130 $43,870
2017 $6,226 $63,730 $20,720 $43,010
2016 $6,060 $60,130 $19,550 $40,580
2015 $59 $60,130 $19,550 $40,580
2012 $56 $58,950 $19,170 $39,780
Source: Public Records

Agents Affiliated with this Home

  • Alan Owen

    Seller's Agent in 2020

    Alan Owen

    Coldwell Banker Allen & Geary

    (618) 322-1160

    12 in this area

    106 Total Sales

    Alan Owen
    Section Image
  • Jim Somer

    Seller Co-Listing Agent in 2020

    Jim Somer

    SOMER REAL ESTATE

    (618) 267-5123

    8 in this area

    39 Total Sales

    Jim Somer
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAEB429045

RMLS Alliance

APN: 1108400002

Illinois Marion County Salem 62881

2150 W Main St, Salem, IL

This home is located at 2150 W Main St, Salem, IL 62881 since 12 July 2019. This property was built in 1994. 2150 W Main St is a home located in Marion County with nearby schools including Selmaville Elementary School, Salem Community High School, and St. Theresa Elementary 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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