Blake McWilliams
RE/MAX Key Advantage
(618) 403-1246
39 Total Sales
1 in Mount Vernon
$180,000 Price
408 Main St Mount Vernon, IL 62864
Mount Vernon Area
Studio
--
Bath
5,000
Sq Ft
0.43
Acre 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
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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
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
Jan 11, 2024
Closed on
Mar 26, 2024
Sold by
Bought by
Seller's Agent
Andrea Baker
King City Property Brokers
Buyer's Agent
Pam Kirkpatrick
Buy Home Realty
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$160,983
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 7, 2017
Closed on
Oct 26, 2017
Sold by
Bought by
Seller's Agent
David McCollum
MCCOLLUM REAL ESTATE
List Price
$231,000
Sold Price
$160,000
Premium/Discount to List
-$71,000
-30.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$144,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mount Vernon, IL
-
Blake McWilliams
-
Renee Sommer
Renee Sommer
County Line Realty
(217) 859-8732
146 Total Sales
1 in Mount Vernon
$67,501 Price
-
MARY SUSAN GRAHLHERR
MARY SUSAN GRAHLHERR
Southern Realty Land and Homes LLC
(618) 352-2351
46 Total Sales
20 in Mount Vernon
$56K - $255K Price Range
-
CALLIE BROWN
CALLIE BROWN
RE/MAX INTEGRITY
(618) 603-2869
98 Total Sales
16 in Mount Vernon
$27K - $250K Price Range
-
Alan Owen
Alan Owen
Coldwell Banker Allen & Geary
(618) 740-6784
109 Total Sales
13 in Mount Vernon
$23K - $3.1M Price Range
-
Chris Kelly
Chris Kelly
Real Broker LLC
(618) 418-3178
223 Total Sales
1 in Mount Vernon
$105,000 Price
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 |
|---|---|---|---|
| $220,000 | None Listed On Document | ||
| $160,000 | Antonik Title |
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 |
|---|---|---|---|
| Open | $165,000 | ||
| Previous Owner | $169,600 | ||
| Previous Owner | $144,000 | ||
| Previous Owner | $195,000 |
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 | 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
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 | $8,588 | $106,827 | $17,104 | $89,723 |
| 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
Seller's Agent in 2024
Andrea Baker
King City Property Brokers
(618) 315-1186
164 Total Sales
-
Pam Kirkpatrick
Buyer's Agent in 2024
Pam Kirkpatrick
Buy Home Realty
(618) 237-5039
70 Total Sales
-
David McCollum
Seller's Agent in 2017
David McCollum
MCCOLLUM REAL ESTATE
(618) 218-3700
158 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: EB451881
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.
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 Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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