NOT LISTED FOR SALE

501 N James St Centralia, IL 62801

2 Beds
2 Baths
3,855 Sq Ft
1948 Built

Last Sold February 07, 2022

Last sale price $35,000 $9 Per Sq Ft

294 Days on Market

About This Home

As of February 2022

8 unit 2 building apartment complex. Home in front has (2) 1 bedroom apartments, one efficiency over the garage, and a 2 bedroom in the basement. The other building has (1) 1 bedroom and 3 efficiency apartments.

Last Agent to Sell the Property

Dennis Krupp

Coldwell Banker Allen & Geary License #475137174 Listed on: 03/01/2021

Last Buyer's Agent

Dennis Krupp

Coldwell Banker Allen & Geary License #475137174 Listed on: 03/01/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 42.875x153.82

Home Design

  • 3,855 Sq Ft Home
  • Aluminum Siding
  • Cedar

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters

Additional Features

  • Finished Basement

Community Details

Overview

  • 8 Units

Building Details

  • Gross Income $9,100
  • Net Operating Income $9,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1948
  • Built Before 1978 (Y/N): Yes
  • Legal Description: DR PEDEN SUB DIV LOT 5 BLK 1
  • Information: Othr-Call List Agent,24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished

Exterior Features

  • Construction Materials: Aluminum Siding, Cedar

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Electric: Separate Meters
  • Heat/Ventilation: Baseboard,Forced Air

Lot Info

  • Lot Dimensions: 42.875x153.82
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 3855

Rental Info

  • Board Number: 29

Multi Family

  • Net Operating Income: 9100
  • GrossIncome: 9100
  • NumberOfUnitsTotal: 8

Tax Info

  • Tax Annual Amount: 2534.98
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Sold $35,000 -36.4% $9 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $55,000 -- $14 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,296 $16,650 $2,240 $14,410
2023 $1,482 $17,240 $2,090 $15,150
2022 $2,641 $28,520 $4,010 $24,510
2021 $2,621 $26,660 $3,750 $22,910
2020 $2,586 $25,850 $3,630 $22,220
2019 $2,535 $24,910 $3,500 $21,410
2018 $2,578 $24,910 $3,500 $21,410
2017 $2,570 $24,420 $3,430 $20,990
2016 $2,561 $23,480 $3,300 $20,180
2015 $25 $23,480 $3,300 $20,180
2012 $24 $22,350 $3,300 $19,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB438431

Midwest Real Estate Data (MRED)
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