NOT LISTED FOR SALE

304 N 16th St Herrin, IL 62948

Estimated Value: $60,320 - $123,000

Studio
-- Bath
-- Sq Ft
4,443 Sq Ft Lot

Last Sold September 28, 2018

Last sale price $19,250

Est. 343% increase in value since last sale

Current estimated payment $539/month

16 Days on Market

About This Home

As of September 2018

INVESTMENT OPPORTUNITY!!! House is zoned commercial or residential, one block off of Park Avenue, across from VFW. Property has been gutted and sheet rocked, NEW HVAC, hot water heater, bathroom vanity, toilet, need to be installed. New windows, new electric service. Beautiful tiled shower. No Kitchen installed so could all be used for office space.Disclosure: Home is commercial and residential zoned. Courthouse records say home was built in 1980, owner knows that his family built home around 1940. Says it was Sears or Montgomery Ward kit. Partial basement, 420 according to courthouse. Asbestos siding.

Last Agent to Sell the Property

CHERYL COUCH

Coldwell Banker Preferred License #475162001 Listed on: 08/15/2018

Last Buyer's Agent

Ryan Burkey

COLDWELL BANKER PRIME REALTY H License #475141681

COLDWELL BANKER PRIME REALTY H

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $879

Year Built

  • Built in 1940

Lot Details

  • 4,443

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Property Details

Property Type

Other

Est. Annual Taxes

$879

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: HVAC, Water heater, bathroom vanity, toilet, ductw
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring, Tile/Vinyl
  • Half Basement: Block
  • Total Sq Ft: 868

Exterior Features

  • Exterior Finish: Other Exterior Finish
  • Roof Construction: Asphalt/Fiberglass
  • Construction: Framed On Site
  • Foundation: Basement, Crawl

Garage/Parking

  • Numberparking Spaces Allocated: 2

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump
  • Water Supply: Municipal/City
  • Water Company: Herrin
  • Electric: 200 Amp Box

Association/Amenities

  • Additional Amenities: None

Lot Info

  • Zoning: Residentia
  • Estimated Land Size: 50 X 75
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Property Use: Outlet Center

Rental Info

  • Sale Lease Includes: Sale/Lease Other

Tax Info

  • Annual Taxes: 878.88
  • Parcel Id Number Tax Id: 0219455007
  • Tax Incentive: None
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Sep 27, 2018
Sold by
Spezia Michael L and Spezia Sandra
Bought by
Bhs Property Solutions Llc
Seller's Agent
CHERYL COUCH
Coldwell Banker Preferred
Buyer's Agent
Ryan Burkey
COLDWELL BANKER PRIME REALTY H
List Price
$25,000
Sold Price
$19,250
Premium/Discount to List
-$5,750
-23%
Current Estimated Value
$85,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,992
Avg. Annual Appreciation
22.80%
Original Mortgage
$38,249
Outstanding Balance
$33,218
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$53,362
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bhs Property Solutions Llc $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhs Property Solutions Llc $38,249
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $19,250 -23.0% --
08/31/2018 08/31/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $25,000 -- --
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
2025 $1,177 $13,530 $3,550 $9,980
2024 $1,177 $13,530 $3,550 $9,980
2023 $1,177 $13,530 $3,550 $9,980
2022 $1,020 $11,920 $3,130 $8,790
2021 $991 $11,490 $3,020 $8,470
2020 $991 $10,850 $2,850 $8,000
2019 $922 $10,850 $2,850 $8,000
2018 $922 $10,850 $2,850 $8,000
2017 $901 $10,850 $2,850 $8,000
2015 $862 $10,280 $2,700 $7,580
2013 $671 $10,280 $2,700 $7,580
2012 $671 $10,280 $2,700 $7,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB422698

RMLS Alliance

APN: 02-19-455-007