$85,000
SOLD JAN 24, 2025

313 W 3rd St Centralia, IL 62801

2 Beds
-- Bath
1,700 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

32% Below List Price

233 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • Level Lot

About This Home

As of January 2025

Nestled in the heart of downtown Centralia, Illinois, this older duplex exudes charm and character with meticulous upkeep. The property features two well-preserved units, ideal for both investment and residential purposes. Each unit offers comfortable living spaces, maintaining the allure of its historical roots. Additionally, the convenience of a utility room in the basement adds practicality and ease to everyday living, providing ample space for laundry facilities and storage. Situated in a central location, residents can enjoy the vibrant atmosphere of downtown living, with nearby access to local amenities, shopping, and dining options. Whether you're seeking an investment opportunity or a place to call home, this duplex offers a blend of timeless appeal and modern convenience. Discover the allure of downtown Centralia living in this meticulously maintained duplex, where history meets functionality.

Last Agent to Sell the Property

Mike Hammond

Equity Realty Group Brokerage Phone: 618-292-8442 License #471020760 Listed on: 04/05/2024

Last Buyer's Agent

Cindy Quinn-Wood

QUINN REALTY AND PROPERTY MANAGEMENT GROUP License #471021459

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 1913

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 55 x 80
  • Level Lot

Home Design

  • 1,700 Sq Ft Home
  • Poured Concrete
  • Shingle Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 4 Car Attached Garage
  • Carport
  • On-Street Parking

Schools

  • Centralia Elementary And Middle School
  • Centralia High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Community Details

  • Original Town Centralia Subdivision

Listing and Financial Details

  • Tenant pays for gas & electric
  • Assessor Parcel Number 14-00-053-265

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,716

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1913
  • New Construction: No
  • Structure Type: Duplex
  • PricePerSqFt: 50
  • Attribution Contact: Pref: 618-292-8442
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Total Bedrooms: 2

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Alley, Paved
  • Construction Type: Aluminum Siding
  • Foundation Details: Poured Concrete
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Attached, Carport, On Street
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Gas, Central Air
  • Water Sewer Expenses: 532
  • Laundry Features: Owned Equipment, Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 2
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 1
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Centralia
  • High School: Centralia
  • Middle Or Junior School: Centralia

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size: 55 x 80
  • Parcel #: 14-00-053-265

Rental Info

  • Tenant Pays: Gas & Electric
  • Lease Term: 1 Year,Month-to-Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1716
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 10800
  • Annual Operating Expense: 2145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jan 16, 2025
Sold by
Controlled Management Company Inc
Bought by
218 Investments Llc
Seller's Agent
Mike Hammond
Equity Realty Group
Buyer's Agent
Cindy Quinn-Wood
QUINN REALTY AND PROPERTY MANAGEMENT GROUP
List Price
$125,000
Sold Price
$85,000
Premium/Discount to List
-$40,000
-32%
Views
89
Current Estimated Value
$86,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,271
Avg. Annual Appreciation
2.75%
Original Mortgage
$40,640
Outstanding Balance
$40,531
Interest Rate
6.6%
Mortgage Type
Seller Take Back
Estimated Equity
$45,816

Purchase Details

Closed on
Oct 5, 2007
Sold by
Someiski Marfaret E
Bought by
Controlled Management Company Inc
Source: Public Records

Similar Home in Centralia, IL

  • 404 N Beech St, Centralia, IL 62801

    $65,000

    • 2 Beds
    • 1,212 Sq Ft
    • 404 N Beech St
    • Centralia, IL

    This duplex is furnished and both units are currently rented. Instant income for an investor! Or maybe you would like to live in one unit and rent the other? It would also be easy to convert this back into a single family home. Lots of possibilities!

    Emily Heinzmann Coldwell Banker Allen & Geary

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $85,000 None Listed On Document
Trustee Deed $20,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,640 Seller Take Back
Closed $46,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $85,000 -15.0% $50 / Sq Ft
11/28/2024 11/28/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $100,000 -16.6% $59 / Sq Ft
06/06/2024 06/06/24 Price Changed $119,900 -4.1% $71 / Sq Ft
05/01/2024 05/01/24 For Sale $125,000 0.0% $74 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $125,000 -- $74 / 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 $1,697 $21,800 $2,240 $19,560
2023 $1,751 $20,370 $2,090 $18,280
2022 $1,715 $18,520 $1,900 $16,620
2021 $1,702 $17,310 $1,780 $15,530
2020 $1,679 $16,780 $1,720 $15,060
2019 $1,570 $15,430 $800 $14,630
2018 $1,597 $15,430 $800 $14,630
2017 $1,591 $15,120 $780 $14,340
2016 $1,586 $14,540 $750 $13,790
2015 $16 $14,540 $750 $13,790
2012 $17 $15,570 $720 $14,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB452892

RMLS Alliance

APN: 1400053265