Seller's Agent in 2024
Andrea Baker
King City Property Brokers
(618) 315-1186
80 in this area
140 Total Sales
408 Main St Mount Vernon, IL 62864
Studio
--
Bath
5,000
Sq Ft
18,731
Sq Ft Lot
About This Home
As of March 2024Investment Opportunity!! 8 unit apartment complex on the east side of Mt. Vernon. All units are 1 bed / 1 bath. Tenant pays electric. Owner pays water, sewer and trash. 5 of 8 units are rented. Units #2, 4 and 7 are available for showings at this time. Unit #7 is currently being remodeled. See documents for improvements.
Last Agent to Sell the Property
King City Property Brokers License #471021927 Listed on: 01/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,209
Year Built
- Built in 1943
Lot Details
- 0.43
Home Design
- 5,000 Sq Ft Home
- Vinyl Siding
Utilities
- Window Unit Cooling System
- Radiant Heating System
- Separate Meters
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $1,706
- Maintenance Expense $15,875
- Trash Expense $2,019
- Water Sewer Expense $3,010
- Operating Expense $33,416
- Gross Income $48,380
- Net Operating Income $9,755
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/28/2024 03/28/24 | Sold | $220,000 | -8.3% | $44 / Sq Ft | |
| 02/06/2024 02/06/24 | Pending | -- | -- | -- | |
| 01/11/2024 01/11/24 | For Sale | $240,000 | +50.0% | $48 / Sq Ft | |
| 10/26/2017 10/26/17 | Sold | $160,000 | -30.7% | $32 / Sq Ft | View Prior Sale |
| 08/23/2017 08/23/17 | Pending | -- | -- | -- | |
| 02/07/2017 02/07/17 | For Sale | $231,000 | -- | $46 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $8,588 | $98,914 | $15,837 | $83,077 |
| 2023 | $7,990 | $91,317 | $14,621 | $76,696 |
| 2022 | $5,210 | $53,861 | $12,825 | $41,036 |
| 2021 | $4,986 | $51,296 | $12,214 | $39,082 |
| 2020 | $5,000 | $47,940 | $11,415 | $36,525 |
| 2019 | $4,932 | $47,940 | $11,415 | $36,525 |
| 2018 | $4,874 | $47,940 | $11,415 | $36,525 |
| 2017 | $4,711 | $47,940 | $11,415 | $36,525 |
| 2016 | $4,654 | $47,940 | $11,415 | $36,525 |
| 2015 | $4,553 | $47,940 | $11,415 | $36,525 |
| 2014 | $3,750 | $47,940 | $11,415 | $36,525 |
| 2013 | $3,750 | $45,227 | $10,769 | $34,458 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Baker
-
Pam Kirkpatrick
Buyer's Agent in 2024
Pam Kirkpatrick
Buy Home Realty
(618) 237-5039
50 in this area
80 Total Sales
-
David McCollum
D
Seller's Agent in 2017
David McCollum
MCCOLLUM REAL ESTATE
(618) 435-5531
146 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: EB451881
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Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID
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