NOT LISTED FOR SALE

234 N Elm St Centralia, IL 62801

Estimated Value: $443,508

-- Bed
-- Bath
-- Sq Ft
0.48 Acres

Last Sold December 17, 2016

Last sale price $267,000

Est. 66% increase in value since last sale

Current estimated payment $2,775/month

604 Days on Market

About This Home

As of December 2016

Looking for a new investment with a good existing cash flow? Look no further this fast food corner hot spot has been here for 25 years and still going strong.Disclosure: Commercial Price does not include potential franchise fees up to $2,500.00 and current inventory! 40x80 corner northwest lot is owned by CVS.

Last Agent to Sell the Property

Jennifer True

MIDWEST FARM & LAND CO. LLC Listed on: 01/22/2015

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 1989

Lot Details

  • 0.48

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$3,731

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: Franchise, Equipment, Business Name, Business + RE
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring
  • Half Basement: No Basement
  • Total Sq Ft: 560

Exterior Features

  • Exterior Finish: Stucco
  • Roof Construction: Metal
  • Construction: Framed On Site
  • Foundation: Slab

Garage/Parking

  • Numberparking Spaces Allocated: 25

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: Ameren
  • Water Company: City of Centralia
  • Electric: 200 Amp Box

Association/Amenities

  • Additional Amenities: None

Lot Info

  • Estimated Number of Acres: 0.48
  • Zoning: Commercial
  • Estimated Land Size: 150 x 160
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Property Use: Other Property Use

Rental Info

  • Sale Lease Includes: Business, Inventory, Sale/Lease Other

Tax Info

  • Annual Taxes: 3731
  • Parcel Id Number Tax Id: 1400051086
  • Tax Incentive: None
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
Dec 14, 2016
Sold by
Kidd Mary J
Bought by
Regions Bank
Seller's Agent
Jennifer True
MIDWEST FARM & LAND CO. LLC
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$300,000
Sold Price
$267,000
Premium/Discount to List
-$33,000
-11%
Current Estimated Value
$443,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,508
Avg. Annual Appreciation
5.76%
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
Regions Bank $267,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kidd Trust $1,616,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2016 12/17/16 Sold $267,000 -11.0% --
09/17/2016 09/17/16 Pending -- -- --
01/22/2015 01/22/15 For Sale $300,000 -- --
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
2024 $4,163 $53,470 $37,380 $16,090
2023 $4,022 $46,780 $34,930 $11,850
2022 $3,938 $42,520 $31,750 $10,770
2021 $3,907 $39,740 $29,670 $10,070
2020 $3,856 $38,550 $28,780 $9,770
2019 $2,956 $29,050 $19,640 $9,410
2018 $3,007 $29,050 $19,640 $9,410
2017 $2,026 $19,250 $19,250 $0
2016 $4,361 $39,980 $18,510 $21,470
2015 $43 $39,980 $18,510 $21,470
2012 $37 $39,200 $18,150 $21,050
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jennifer True

    MIDWEST FARM & LAND CO. LLC

  • N

    Buyer's Agent in 2016

    Non-Member Non-Member

    Non-Member

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAEB331198

RMLS Alliance

APN: 1400051086

Illinois Marion County Centralia 62801

234 N Elm St, Centralia, IL

This home is located at 234 N Elm St, Centralia, IL 62801 since 22 January 2015 and is currently estimated at $443,508. This property was built in 1989. 234 N Elm St is a home located in Marion County with nearby schools including Centralia High School, St. Mary School, and Trinity Lutheran 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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