NOT LISTED FOR SALE

501 E Main St Marion, IL 62959

Estimated Value: $81,000 - $458,415

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold June 24, 2015

Last sale price $20,000

Est. 1,127% increase in value since last sale

Current estimated payment $1,531/month

Highlights

  • Forced Air Heating and Cooling System
  • Washington Elementary School Rated A-
  • 5-minute walk to Tower Square Plaza Office Center

About This Home

As of June 2015

MOTIVATED SELLER! PRICE REDUCED! Commercial Building in a Great Location to open a coffee house, custard shop or build storage units. Just blocks off of the Marion square. Just across of Washington School. Has a drive-thru window. Includes 8'x16' dry storage building. This site could be perfect for a small business. The possibilities are endless. New sewer line and sidewalk. Seller will consider contract for deed with money down.Disclosure: 0

Last Agent to Sell the Property

KAM HARMON

Emerald Realty License #471002714 Listed on: 04/09/2015

Last Buyer's Agent

Thresa Donahue

EMERALD REALTY

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $436

Year Built

  • Built in 1930

Lot Details

  • 5,227

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$436

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: RE Only
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Half Basement: No Basement

Exterior Features

  • Exterior Finish: Wood Siding, Brick
  • Roof Construction: Asphalt/Fiberglass
  • Construction: Block, Framed On Site
  • Foundation: Slab

Garage/Parking

  • Numberparking Spaces Allocated: 8

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Forced Air, Gas, Electric
  • Water Supply: Municipal/City
  • Gas Company: Ameren
  • Water Company: City
  • Electric: 200 Amp Box

Association/Amenities

  • Additional Amenities: Satellite Dish, Sprinkler Sys Fire Dry, Sprinkler Sys Fire Wet
  • Amenities: Other Amenities, Wireless Internet

Lot Info

  • Estimated Number of Acres: 0.12
  • Zoning: Commercial
  • Estimated Land Size: 54x100
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Sale/Lease Other

Tax Info

  • Annual Taxes: 436
  • Parcel Id Number Tax Id: 07-18-391-008
  • Tax Incentive: None
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Razmos Llc
Bought by
Moore Robin and Moore Randall
Current Estimated Value
$245,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.25%
Mortgage Type
Construction
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
Moore Robin $55,000 Aden Shane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Moore Robin $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2015 06/24/15 Sold $20,000 -33.1% --
04/09/2015 04/09/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $29,900 -- --
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 $9,870 $214,710 $5,010 $209,700
2024 $9,870 $214,710 $5,010 $209,700
2023 $9,870 $127,340 $5,010 $122,330
2022 $772 $4,960 $4,410 $550
2021 $753 $10,640 $4,250 $6,390
2020 $753 $10,060 $4,020 $6,040
2019 $521 $6,870 $4,020 $2,850
2018 $521 $6,870 $4,020 $2,850
2017 $512 $6,870 $4,020 $2,850
2015 $496 $6,510 $3,810 $2,700
2013 $422 $6,510 $3,810 $2,700
2012 $422 $6,510 $3,810 $2,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB332642

RMLS Alliance

APN: 07-18-391-008