NOT LISTED FOR SALE

427 S Locust St Centralia, IL 62801

Estimated Value: $35,740

-- Bed
-- Bath
-- Sq Ft
0.29 Acres

Last Sold August 23, 2021

Last sale price $29,900

Est. 20% increase in value since last sale

Current estimated payment $236/month

412 Days on Market

About This Home

As of August 2021

Versatile retail business or office space opportunity with great traffic exposure. The interior offers open business concept with utility, storage and easy access parking.

Last Agent to Sell the Property

Alan Owen

Coldwell Banker Allen & Geary License #475182718 Listed on: 05/08/2020

Coldwell Banker Allen & Geary

Co-Listed By

Jim Somer

SOMER REAL ESTATE License #471004184

Last Buyer's Agent

Alan Owen

Coldwell Banker Allen & Geary License #475182718 Listed on: 05/08/2020

Coldwell Banker Allen & Geary

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,399

Year Built

  • Built in 1970

Lot Details

  • 0.29

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$1,399

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Legal Description: RE Only
  • Lvt Date: 05/08/2020
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Tile/Vinyl
  • Maximum Ceiling Ht Feet: 7
  • Maximum Ceiling Ht Inch: 6
  • Min Ceiling Ht Feet: 7
  • Min Ceiling Ht Inches: 4
  • Total Building Sq Ft: 994
  • Estimated Lot Sq Ft: 12800

Exterior Features

  • Exterior Finish: Block
  • Frontage Access: Paved 2Lane, City Street
  • Insulation: Other Insulation
  • Roof Construction: Metal
  • Wall Construction: Block

Garage/Parking

  • Numberparking Spaces Allocated: 15

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Forced Air, Gas, Hot Water
  • Gas Company: Ameren
  • Water Company: City of Centralia

Association/Amenities

  • Amenities: Other Amenities

Lot Info

  • Estimated Number of Acres: 0.29
  • Zoning: Business
  • Estimated Land Size: 80 x 160
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Lot Size Remarks: Legal Description: LOT 7 BLK 51 O.T. CENTRALIA TOWNSHIP MARION COUNTY ILLINOIS.
  • Property Use: Other Property Use, Office Building, Retail Pad

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 1399
  • Parcel Id Number Tax Id: 1400053855
  • Tax Incentive: In City Limit, Enterprize Zone, TIF District
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Aug 23, 2021
Sold by
Donald G Geary Llc
Bought by
Lowery Catherine
Seller's Agent
Alan Owen
Coldwell Banker Allen & Geary
Buyer's Agent
Alan Owen
Coldwell Banker Allen & Geary
List Price
$37,000
Sold Price
$29,900
Premium/Discount to List
-$7,100
-19.19%
Current Estimated Value
$35,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,840
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Oct 27, 2010
Sold by
Williams Connie Jean
Bought by
Donald G Geary Llc

Purchase Details

Closed on
Jan 13, 2006
Sold by
Williams Connie Jean
Bought by
Donald G Geary Llc
Source: Public Records

Range of Values:

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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
Lowery Catherine $30,000 Larimer Abstract & Title
Donald G Geary Llc -- Quad County Title
Donald G Geary Llc $17,000 Quad County Title Company In
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $29,900 -19.2% --
06/24/2021 06/24/21 Pending -- -- --
05/08/2020 05/08/20 For Sale $37,000 -- --
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
2023 $1,414 $16,450 $6,710 $9,740
2022 $1,384 $14,950 $6,100 $8,850
2021 $1,374 $13,970 $5,700 $8,270
2020 $1,355 $13,550 $5,530 $8,020
2019 $1,376 $13,520 $6,410 $7,110
2018 $1,399 $13,520 $6,410 $7,110
2017 $1,394 $13,250 $6,280 $6,970
2016 $1,389 $12,740 $6,040 $6,700
2015 $14 $12,740 $6,040 $6,700
2012 $13 $12,480 $5,920 $6,560
Source: Public Records

Agents Affiliated with this Home

  • Alan Owen

    Seller's Agent in 2021

    Alan Owen

    Coldwell Banker Allen & Geary

    (618) 322-1160

    110 Total Sales

    Alan Owen
    Section Image
  • Jim Somer

    Seller Co-Listing Agent in 2021

    Jim Somer

    SOMER REAL ESTATE

    (618) 267-5123

    42 Total Sales

    Jim Somer
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAEB434119

RMLS Alliance

APN: 1400053855

Illinois Marion County Centralia 62801

427 S Locust St, Centralia, IL

This home is located at 427 S Locust St, Centralia, IL 62801 since 08 May 2020 and is currently estimated at $35,740. This property was built in 1970. 427 S Locust St is a home located in Marion County with nearby schools including Centralia High School and St. Mary School.

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.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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