NOT LISTED FOR SALE

416 E Clark Trail Herrin, IL 62948

Estimated Value: $270,630 - $321,000

8 Beds
4 Baths
3,808 Sq Ft
$78/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $215,000 $56 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,062/month

193 Days on Market

About This Home

As of August 2021

Great investment opportunity in Herrin with this very nice 4 plex, located in a great area & has always maintained 100% occupancy. one unit is larger with extra space the remaining 3 units are 2 beds 1 bath with central air & heat, appliances , covered parking & the tenants pay all utilities. Newer updates have been done over the past few years with a New Metal Roof, some newer heat & air plus much more. This property is in excellent condition & would make a great addition to your investments. Call today for more info & schedule your appointment!

Last Agent to Sell the Property

Jason Mueller

EXIT REALTY NEW BEGINNINGZ License #471006330 Listed on: 01/04/2021

EXIT REALTY NEW BEGINNINGZ

Co-Listed By

Tamiko Mueller

EXIT NEW BEGINNINGZ M License #471002276

Last Buyer's Agent

Christy Powers

PROPERTY WITH TLC, LLC License #475132054

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,100

Year Built

  • Built in 1988

Lot Details

  • 9,583

Home Design

  • Quadruplex

Schools

  • Herrin Elementary School
  • Herrin High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,100

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Four-Plex
  • Legal Description: HARRISONS, GEORGE 2ND SOL W1/2 OF E1/2
  • Lvt Date: 01/04/2021
  • Year Built: 1988
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 4
  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Price Per Sq Ft: 56.46
  • Total Sq Ft: 3808

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Metal

Garage/Parking

  • Garage Parking: Carport
  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: Electric
  • Water Sewer: Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Herrin Elementary
  • High School: Herrin

Lot Info

  • Estimated Lot Size: 75x126.8
  • Estimated Number of Acres: 0.22
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 30600

Tax Info

  • Annual Taxes: 5100
  • Parcel Id Number Tax Id: 0231226016
  • Tax Year: 2018

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 30600
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

MLS Schools

  • Middle School: Herrin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Oldani Joseph and Oldani Sierra
Bought by
Oldani Joseph and Oldani Sierra
Current Estimated Value
$293,383

Purchase Details

Listed on
Jan 4, 2021
Closed on
Aug 26, 2021
Sold by
Renzmark Limited Liability Company
Bought by
Oldani Joseph M
Seller's Agent
Jason Mueller
EXIT REALTY NEW BEGINNINGZ
Buyer's Agent
Christy Powers
PROPERTY WITH TLC, LLC
List Price
$220,000
Sold Price
$215,000
Premium/Discount to List
-$5,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$161,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2019
Sold by
Mark Rotich
Bought by
Renzmark Limited Liability Com
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
Oldani Joseph -- None Listed On Document
Oldani Joseph M $215,000 Mayberry Brandon C
Renzmark Limited Liability Com -- Patchett Hampson And Garrison
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oldani Joseph M $161,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $215,000 -2.3% $56 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $220,000 0.0% $58 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $220,000 -- $58 / 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
2025 $6,335 $72,840 $9,000 $63,840
2024 $6,335 $72,840 $9,000 $63,840
2023 $6,335 $72,840 $9,000 $63,840
2022 $5,489 $64,180 $7,930 $56,250
2021 $5,338 $61,860 $7,640 $54,220
2020 $5,338 $58,450 $7,220 $51,230
2019 $4,967 $58,450 $7,220 $51,230
2018 $4,967 $58,450 $7,220 $51,230
2017 $4,855 $58,450 $7,220 $51,230
2015 $4,642 $55,370 $6,840 $48,530
2013 $2,970 $55,370 $6,840 $48,530
2012 $2,970 $55,370 $6,840 $48,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB437804

RMLS Alliance

APN: 02-31-226-016