NOT LISTED FOR SALE

217 S 16th St Herrin, IL 62948

Estimated Value: $84,471 - $155,000

5 Beds
3 Baths
2,866 Sq Ft
$46/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $30,000 $10 Per Sq Ft

Est. 369% increase in value since last sale

Current estimated payment $973/month

859 Days on Market

About This Home

As of September 2020

Great Business/Rental Opportunity. 4 Plex conveniently located close to down town, grocery stores, hospital and more. Price has been slashed because seller is retiring from the rental business, so his loss is your gain. All apartments have separate heat, AC, electric & water meters. Parking is in rear of building off alley and residential parking is also allowed on 16th Street. There is a large covered front porch and decks off the upstairs apartments. Disclosure: on MLS. All square footage is approximate. Upstairs efficiency: sewer hookup is capped off in basement, shower may leak, vacant. Furnace needs thermostat. No central air. Personal Property Incl: na Water Company: Herrin

Last Agent to Sell the Property

Vicky Scoggins

C21 HOUSE OF REALTY, INC. C License #475128892 Listed on: 04/24/2018

Last Buyer's Agent

David Gilchrist

RIVER 2 RIVER REALTY, INC. License #475154449

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 6,970

Home Design

  • Quadruplex

Unfinished Basement

  • Partial Basement
  • Block Basement Construction
  • Crawl Space

Schools

  • Herrin Elementary School
  • Herrin High School

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Four-Plex
  • Legal Description: Lot 9 Blk 13 Plt 34 Original Sur Herrin (3960485 8-24-81) Craig & Bartelsmeyer
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Partial, Block, Unfinished
  • Price Per Sq Ft: 10.47
  • Total Sq Ft: 2866

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Alley
  • Number Parking Spaces: 4

Utilities

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

Schools

  • Elementary School: Herrin Elementary
  • Middle School: Herrin
  • High School: Herrin
  • Elementary School: Herrin Elementary
  • High School: Herrin

Lot Info

  • Estimated Lot Size: 50x140
  • Estimated Number of Acres: 0.16
  • Lot Description: Corner
  • Zoning: Residential
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Gross Annual Rent Income: 9000

Tax Info

  • Annual Taxes: 1900.08
  • Parcel Id Number Tax Id: 0230209009
  • Tax Year: 2019

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 9000
  • Total Number Electric Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Herrin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Sep 24, 2020
Sold by
Mann Billy G
Bought by
Mw Petra Llc
Seller's Agent
Vicky Scoggins
C21 HOUSE OF REALTY, INC. C
Buyer's Agent
David Gilchrist
RIVER 2 RIVER REALTY, INC.
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%
Current Estimated Value
$140,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,784
Avg. Annual Appreciation
38.90%
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
Mw Petra Llc $30,000 Aden Shane
Mw Petra Llc $30,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $30,000 -14.3% $10 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
05/19/2020 05/19/20 Price Changed $35,000 -12.5% $12 / Sq Ft
04/09/2020 04/09/20 For Sale $40,000 0.0% $14 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $40,000 0.0% $14 / Sq Ft
12/04/2019 12/04/19 Price Changed $40,000 +33.3% $14 / Sq Ft
11/24/2019 11/24/19 Off Market $30,000 -- --
04/24/2018 04/24/18 For Sale $65,000 -- $23 / 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 $2,422 $27,850 $7,320 $20,530
2023 $2,422 $27,850 $7,320 $20,530
2022 $2,099 $24,540 $6,450 $18,090
2021 $2,042 $23,660 $6,220 $17,440
2020 $2,042 $22,360 $5,880 $16,480
2019 $1,900 $22,360 $5,880 $16,480
2018 $1,900 $22,360 $5,880 $16,480
2017 $1,857 $24,580 $5,880 $18,700
2015 $1,952 $23,280 $5,570 $17,710
2013 $2,125 $23,280 $5,570 $17,710
2012 $2,125 $23,280 $5,570 $17,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB420004

RMLS Alliance

APN: 02-30-209-009