NOT LISTED FOR SALE

433 S Locust St Centralia, IL 62801

Estimated Value: $61,756

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

Last Sold June 15, 2021

Last sale price $50,000

Est. 24% increase in value since last sale

Current estimated payment $406/month

395 Days on Market

About This Home

As of June 2021

Retail business opportunity is what this 5,700 sq' commercial building has to offer. This former auto parts supply store is located on a city corner lot with good traffic exposure. The interior offers open space with plenty of storefront, warehouse area with 12'-6" ceiling height that could also be utilized for a repair shop among other uses. The paved corner lot offers easy access with plenty of parking.

Last Agent to Sell the Property

Alan Owen

Coldwell Banker Allen & Geary License #475182718 Listed on: 03/10/2020

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: 03/10/2020

Coldwell Banker Allen & Geary

Property Details

Property Type

  • Other

Year Built

  • Built in 1970

Lot Details

  • 0.29

Utilities

  • Central Air
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Lvt Date: 03/11/2020
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Tile/Vinyl
  • Maximum Ceiling Ht Feet: 12
  • Maximum Ceiling Ht Inch: 6
  • Min Ceiling Ht Feet: 8
  • Total Building Sq Ft: 5730
  • Estimated Lot Sq Ft: 12800

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: Paved 2Lane
  • Insulation: Roof, Side Walls
  • Roof Construction: Membrane, Other Roof Construction
  • Wall Construction: Steel/WD Frame

Garage/Parking

  • Numberparking Spaces Allocated: 12

Utilities

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

Association/Amenities

  • Amenities: Other Amenities

Lot Info

  • Estimated Number of Acres: 0.29
  • Zoning: Com
  • Estimated Land Size: 80x160
  • Geo Subdivision: IL
  • Irregular Lot: No

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 3324.26
  • Parcel Id Number Tax Id: 1400053850
  • Tax Incentive: Enterprize Zone, TIF District
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
May 24, 2021
Sold by
Fap Properties Xxxvi 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
$79,000
Sold Price
$50,000
Premium/Discount to List
-$29,000
-36.71%
Current Estimated Value
$61,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,756
Avg. Annual Appreciation
5.35%
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 $50,000 Larimer Abstract & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $50,000 -16.5% --
04/09/2021 04/09/21 Pending -- -- --
02/22/2021 02/22/21 Price Changed $59,900 -20.1% --
07/14/2020 07/14/20 Price Changed $75,000 -5.1% --
03/10/2020 03/10/20 For Sale $79,000 -- --
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 $2,708 $31,500 $6,710 $24,790
2022 $2,652 $28,640 $6,100 $22,540
2021 $2,632 $26,770 $5,700 $21,070
2020 $2,598 $25,970 $5,530 $20,440
2019 $3,291 $32,340 $6,410 $25,930
2018 $3,347 $32,340 $6,410 $25,930
2017 $3,336 $31,700 $6,280 $25,420
2016 $3,324 $30,480 $6,040 $24,440
2015 $33 $30,480 $6,040 $24,440
2012 $32 $29,880 $5,920 $23,960
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: RMAEB433327

RMLS Alliance

APN: 1400053850

Illinois Marion County Centralia 62801

433 S Locust St, Centralia, IL

This home is located at 433 S Locust St, Centralia, IL 62801 since 10 March 2020 and is currently estimated at $61,756. This property was built in 1970. 433 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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