NOT LISTED FOR SALE

424 S 16th St Herrin, IL 62948

Estimated Value: $184,000 - $234,000

6 Beds
3 Baths
2,604 Sq Ft
$79/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $110,000 $42 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,473/month

235 Days on Market

About This Home

As of January 2020

Brick 2 story 3 plex for sale close to downtown Herrin. Appliances included, covered carports, storage room for each tenant with washer dryer hookups, tenants pay all of their own utilities. Some recent upgrades. Great property to own with great location. Disclosure: on MLS. Sq Ft for each apartment is approx. Total Sq Ft from Courthouse records and measuring. Personal Property Incl: Chain ladders for 2nd story apartment to be used in case of fire. Water Company: Herrin

Last Agent to Sell the Property

Mark Krones

C21 HOUSE OF REALTY, INC. C License #471005092 Listed on: 05/13/2019

Last Buyer's Agent

Corey McCuan

COLDWELL BANKER PRIME REALTY H License #475185283

COLDWELL BANKER PRIME REALTY H

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,655

Year Built

  • Built in 1959

Lot Details

  • 5,097

Home Design

  • Triplex
  • Slab Foundation

Schools

  • Herrin Elementary School
  • Herrin High School

Utilities

  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,655

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Triplex
  • Legal Description: Lot 11 Block 002 Plat 059 Stotlars, W N 2nd Ex E 35Title Prof
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Basement: Slab
  • Price Per Sq Ft: 42.24
  • Total Sq Ft: 2604

Exterior Features

  • Exterior: Brick
  • Road Access: Paved

Garage/Parking

  • Garage Parking: Attached, Carport
  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: Gas, Hot Water, Wall Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups
  • Number Window Units: 3

Schools

  • Elementary School: Herrin Elementary
  • High School: Herrin

Lot Info

  • Estimated Lot Size: 50x135
  • Lot Description: Corner
  • Zoning: Residential
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Gross Annual Rent Income: 18600

Tax Info

  • Annual Taxes: 3655
  • Parcel Id Number Tax Id: 0236253007
  • Tax Year: 2017

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 18600
  • Total Number Electric Meters: 3
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Jan 30, 2020
Sold by
Moneta Properties Llc
Bought by
Daugherty Enterprises Llc
Seller's Agent
Mark Krones
C21 HOUSE OF REALTY, INC. C
Buyer's Agent
Corey McCuan
COLDWELL BANKER PRIME REALTY H
List Price
$133,000
Sold Price
$110,000
Premium/Discount to List
-$23,000
-17.29%
Current Estimated Value
$205,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,969
Avg. Annual Appreciation
11.16%
Original Mortgage
$88,000
Interest Rate
5.25%
Mortgage Type
New Conventional
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
Daugherty Enterprises Llc $110,000 Aden Shane
Daugherty Enterprises Llc $110,000 Aden Shane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Daugherty Enterprises Llc $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $110,000 -17.3% $42 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
05/13/2019 05/13/19 For Sale $133,000 -- $51 / 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 $4,769 $54,840 $6,630 $48,210
2024 $4,769 $54,840 $6,630 $48,210
2023 $4,769 $54,840 $6,630 $48,210
2022 $4,132 $48,320 $5,840 $42,480
2020 $4,018 $44,000 $5,320 $38,680
2019 $3,739 $44,000 $5,320 $38,680
2018 $3,739 $44,000 $5,320 $38,680
2017 $3,655 $44,000 $5,320 $38,680
2015 $3,494 $41,680 $5,040 $36,640
2013 $3,299 $41,680 $5,040 $36,640
2012 $3,299 $41,680 $5,040 $36,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB427762

RMLS Alliance

APN: 02-30-253-007