$160,000
$5K PRICE DROP

427 East Dr Marissa, IL 62257

Estimated payment $1,024/month

Total Views 8,572
8 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Double Pane Windows
  • Courtyard
  • Covered Patio or Porch
  • Bathtub
  • Combination Kitchen and Dining Room

About This Home

Four 2 bedroom/1 bath units great investment opportunity or for personal occupancy.

Listing Agent

Annette Wendler

Coldwell Banker Brown Realtors License #471020402 Listed on: 09/02/2025

Coldwell Banker Brown Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1970

Lot Details

  • Open Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Double Pane Windows
  • Awning
  • Window Screens
  • Combination Kitchen and Dining Room
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Bathtub
  • Shower Only

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Covered Patio or Porch

Schools

  • Marissa Dist 40 Elementary And Middle School
  • Marissa High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • No Laundry Facilities
  • Net Operating Income $50,012

Listing and Financial Details

  • Assessor Parcel Number 21-27.0-202-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,312

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub-Type: 2-4 Units
  • ResoCommunityFeatures: None
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Open Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Phone: 618-235-7992
  • MLS Status: Active
  • Subdivision Name: n/a
  • Architectural Style: Other
  • Carport Y N: No
  • Reso Fireplace Features: None
  • New Construction: No
  • Reso Window Features: Double Pane Windows, Screens
  • Financial Info Electric: Ameren
  • MIS_SellerConsiderConcessionYN: 0
  • MIS_PoolYN: 0
  • MIS_UnitCount: 1
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Interior Amenities: Kitchen/Dining Room Combo, Shower, Tub
  • Appliances: Range, Refrigerator
  • Basement YN: No
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Carpet, Laminate

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Seller Property Disclosure
  • Construction Type: Vinyl Siding
  • Exterior Features: Awning(s), Courtyard
  • Foundation Details: Block
  • Patio And Porch Features: Covered

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Parking Lot

Utilities

  • Cooling: Wall Unit(s), Wall/Window Unit(s)
  • Heating: Baseboard
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: MARISSA DIST 40
  • Junior High Dist: Marissa DIST 40
  • High School: Marissa
  • Middle Or Junior School: MARISSA DIST 40

Lot Info

  • Parcel Number: 21-27.0-202-009

Rental Info

  • Owner Pays: Sewer, Trash, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2312

Multi Family

  • Net Operating Income: 50012

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $2,312 $28,998 $3,334 $25,664
2023 $2,222 $27,390 $3,149 $24,241
2022 $2,190 $24,591 $3,008 $21,583
2021 $2,199 $23,291 $2,849 $20,442
2020 $2,186 $24,038 $2,941 $21,097
2019 $2,250 $24,038 $2,941 $21,097
2018 $2,506 $24,886 $2,929 $21,957
2017 $2,479 $24,306 $2,860 $21,446
2016 $2,457 $24,544 $2,888 $21,656
2014 $2,817 $30,265 $1,581 $28,684
2013 $2,848 $31,445 $1,643 $29,802
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2025 11/10/25 Price Changed $160,000 -3.0% --
09/02/2025 09/02/25 For Sale $165,000 +791.9% --
03/27/2015 03/27/15 Sold $18,500 -33.7% $9 / Sq Ft View Prior Sale
03/27/2015 03/27/15 For Sale $27,900 +218.2% $13 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
09/30/2014 09/30/14 Sold $8,768 -74.3% $4 / Sq Ft View Prior Sale
09/30/2014 09/30/14 For Sale $34,100 -- $16 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $215,000 Town & Country Title Co
Quit Claim Deed -- Attorney
Special Warranty Deed $12,500 Town & Country Title Co
Special Warranty Deed $8,767 Servicelink Llc
Sheriffs Deed -- None Available
Warranty Deed $85,000 Chicago Title
Quit Claim Deed -- None Available
Warranty Deed -- Town & Country Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,000 Future Advance Clause Open End Mortgage
Previous Owner $12,500 Future Advance Clause Open End Mortgage
Previous Owner $68,000 New Conventional
Source: Public Records

Source: MARIS MLS

MLS Number: MIS25056756

MARIS MLS

APN: 21-27.0-202-009

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