NOT LISTED FOR SALE

501 N James St Centralia, IL 62801

2 Beds
2 Baths
3,855 Sq Ft
1948 Built

Sale Details

Date Sold: February 7, 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

Home Design

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

Lot Details

  • Lot Dimensions are 42.875x153.82

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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