NOT LISTED FOR SALE

302 N Main St Red Bud, IL 62278

Red Bud Area

Estimated Value: $434,864

Studio
-- Bath
5,895 Sq Ft
$74/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2023

Last sale price $370,000 $63 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,641 / mo

39 Days on Market

Highlights

  • Brick or Stone Mason
  • Red Bud High School Rated 10
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

Stunning updates have been made to this historic commercial/apartment building. See additional supplements for more info. The main level contains the commercial office rental unit with kitchenette featuring exposed brick and approx. 10' ceilings. Apartment Unit 1-1B/1BA updated in 2018, has upgraded electrical, newer ceramic flooring, newer ceiling with insulation, newer lighting, countertops, cabinets and plastered walls. Apartment Unit 3-1B/1BA, LR, Kit, UT remodel was just completed and believed will be rented by close. Additional common area completes the first floor. The second level contains Apartment Unit 4 efficiency with long term good tenant, Apartment Unit 5- 2B/2B, LR, DR, Kit w/newer cabinetry, counters, floors and fixtures. The additional common area completes the approx. 2,000 sq ft. The third level contains a commercial unit featuring exposed brick and full bath and was rented as a photography studio. Water, Sewer and Trash provided. Additional MLS listing-#23018042

Last Agent to Sell the Property

Connie Stellhorn-Schanter

Stellhorn Realty, Inc. License #471006035 Listed on: 04/05/2023

Last Buyer's Agent

Connie Stellhorn-Schanter

Stellhorn Realty, Inc. License #471006035 Listed on: 04/05/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • 5,895 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Red Bud Dist 132 Elementary And Middle School
  • Red Bud High School

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, gas
  • Assessor Parcel Number 13-085-004-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: E. Pine
  • Special Description: No Exemptions
  • Age: 123
  • Ownership: Private
  • Year Built: 1900
  • Directions: Route 159 North of RT3/RT159/Rt154 Intersection
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement
  • Square Footage: 5895

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: RED BUD DIST 132
  • Junior High School: RED BUD DIST 132
  • School District: RED BUD DIST 132
  • Senior High School: Red Bud

Lot Info

  • Lot Dimensions: 7140 sq ft
  • Lot Sq Ft: 6970
  • Acres: 0.1600

Rental Info

  • Tenancy Type: Leases, Month To Month
  • Tenant Pays: Cable TV/Satellite, Electric, Gas

Multi Family

  • Gross Operating Income: 37800.00
  • Units: 4
  • Total Expenses: 7323.00
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 2533
  • Assessor Parcel Number: 13-085-004-00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 31, 2023
Sold by
Bought by
Seller's Agent
Connie Stellhorn-Schanter
Stellhorn Realty, Inc.
Buyer's Agent
Connie Stellhorn-Schanter
Stellhorn Realty, Inc.
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%
Views
60
Current Estimated Value
$434,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,864
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
May 23, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,500
Interest Rate
5.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$370,000 None Listed On Document
$125,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $214,773
Previous Owner $14,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $370,000 -2.6% $63 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $379,900 -- $64 / Sq Ft
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,031 $54,035 $6,930 $47,105
2024 $3,031 $50,710 $6,505 $44,205
2022 $2,597 $44,260 $5,675 $38,585
2021 $2,533 $42,375 $5,435 $36,940
2020 $1,589 $26,790 $5,300 $21,490
2019 $1,465 $22,490 $6,295 $16,195
2018 $1,431 $24,519 $6,940 $17,579
2017 $1,334 $21,285 $6,025 $15,260
2016 $1,251 $20,645 $5,845 $14,800
2015 $1,253 $20,340 $5,760 $14,580
2014 $1,253 $20,795 $5,890 $14,905
2013 $1,234 $20,795 $5,890 $14,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23018436

MARIS MLS

APN: 13-085-004-00

Illinois Randolph County Red Bud 62278

302 N Main St, Red Bud, IL

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.

MARIS MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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