NOT LISTED FOR SALE

322 S Main St Palestine, IL 62451

Estimated Value: $79,000 - $183,000

5 Beds
4 Baths
2,066 Sq Ft
$51/Sq Ft Est. Value

Last Sold September 09, 2015

Last sale price $22,500 $11 Per Sq Ft

Est. 372% increase in value since last sale

Current estimated payment $689/month

30 Days on Market

About This Home

As of September 2015

Don't miss this investment opportunity! 4 units - 3 one bdrm and 1 two bdrm unit. Rent is as follows: upstairs-$350, east apt-$370, bottom back-$375 and front apt-$475. Each unit is furnished with a stove and refrigerator. Apartments are located near laundry mat and downtown stores and restaurants. Utilities are paid by owner which include water, sewer, gas, electric and trash (dumpster on property). Appliances remain with the property. Owner has recently had breakers installed and put in new hot water heater.

Last Agent to Sell the Property

Zinnia Biggs

Biggs & Co. Real Estate Listed on: 07/10/2015

Last Buyer's Agent

Stephanie Carter

Biggs & Co. Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 75x142

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,066 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for electricity, gas, grounds care, trash collection
  • Assessor Parcel Number 06-4-34-044-095-000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Directions: South end of business district on Main St, Palestine
  • Lot Size: 75X142
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Road Surface Type: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: Partial
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Owner Pays: Electricity, Gas, Grounds Care, Trash Collection
  • Stories: 1

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas, Wall Furnace
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Palestine Dist. 3

Lot Info

  • Parcel #: 06-4-34-044-095-000
  • Zoning: Other

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1505.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Sep 9, 2015
Sold by
Richardson Janet M
Bought by
Carter Stephanie
Seller's Agent
Zinnia Biggs
Biggs & Co. Real Estate
Buyer's Agent
Stephanie Carter
Biggs & Co. Real Estate
List Price
$27,000
Sold Price
$22,500
Premium/Discount to List
-$4,500
-16.67%
Current Estimated Value
$106,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,641
Avg. Annual Appreciation
16.14%
Original Mortgage
$20,252
Outstanding Balance
$12,107
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$94,034

Purchase Details

Closed on
Aug 15, 2000
Bought by
Richardson Janet M
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Carter Stephanie $22,500 Attorney Only
Richardson Janet M $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Stephanie $20,252
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2015 09/09/15 Sold $22,500 -16.7% $11 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $27,000 -- $13 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $1,685 $19,929 $3,190 $16,739
2023 $1,512 $17,555 $2,810 $14,745
2022 $1,430 $15,538 $2,487 $13,051
2021 $1,471 $14,952 $2,393 $12,559
2020 $1,470 $14,952 $2,393 $12,559
2019 $1,485 $14,952 $2,393 $12,559
2018 $1,498 $14,952 $2,393 $12,559
2013 -- $14,295 $2,288 $12,007
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2015

    Zinnia Biggs

    Biggs & Co. Real Estate

  • S

    Buyer's Agent in 2015

    Stephanie Carter

    Biggs & Co. Real Estate

See All Agents

Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6152860

APN: 06-4-34-044-095-000

Illinois Crawford County Palestine 62451

322 S Main St, Palestine, IL

Not Listed for Sale

MultiFamily

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