NOT LISTED FOR SALE

501 S 2nd St Marion, IL 62959

Estimated Value: $89,000 - $124,000

3 Beds
1 Bath
1,092 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $51,500 $47 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $616/month

37 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Attached Garage
  • Corner Lot
  • Porch
  • Shed

About This Home

As of March 2023

Nice 3 bedroom 1 bath home located on a corner lot, features include a newer furnace, AC & hot water heater. 2 car attached garage plus storage shed. Call today to schedule your appt. Owned by the US Department of HUD. Seller makes no representations or warrants as to the condition of property. Seller may contribute up to 3% of buyers closing costs upon buyers request. Property was built before 1978 and may contain Lead Based Paint. Sold AS IS. Equal Housing Opportunity. Case #132-175557. Insurability Status UI Bids may only be submitted by HUD registered agents/agencies on www.hudhomestore.gov.

Last Agent to Sell the Property

Jason Mueller

EXIT REALTY NEW BEGINNINGZ License #471006330 Listed on: 11/30/2022

EXIT REALTY NEW BEGINNINGZ

Co-Listed By

Tamiko Mueller

EXIT REALTY NEW BEGINNINGZ M License #471002276

Last Buyer's Agent

Leah McWilliams

DAVE THOMPSON REALTY License #475159321

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $821

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 55x140
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Schools

  • Marion Elementary And Middle School
  • Marion High School

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-23-231-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$821

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 47.16
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Range/Oven
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 1092
  • KitchenDining: Other Kitchen/Dining

Exterior Features

  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch, Shed(s)
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Electric, Forced Air, Central
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 0

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Marion
  • High School: Marion
  • Middle Or Junior School: Marion

Lot Info

  • Lot Size: 55x140
  • Parcel #: 06-23-231-014

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 820.88
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Mar 10, 2023
Sold by
United States Department Of Housing And and Secretary Of Housing And Urban Developme
Bought by
Russell David A and Russell Shirley A
Seller's Agent
Jason Mueller
EXIT REALTY NEW BEGINNINGZ
Buyer's Agent
Leah McWilliams
DAVE THOMPSON REALTY
List Price
$55,000
Sold Price
$51,500
Premium/Discount to List
-$3,500
-6.36%
Views
203
Current Estimated Value
$101,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,414
Avg. Annual Appreciation
30.42%
Original Mortgage
$81,200
Interest Rate
7.25%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 7, 2022
Sold by
Foreclosure Commissioner
Bought by
United States Secretary Of Housing And Urban
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
Russell David A $51,500 Title Professionals
United States Secretary Of Housing And Urban $70,780 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Russell David A $81,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2023 03/13/23 Sold $51,500 -6.4% $47 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
11/30/2022 11/30/22 For Sale $55,000 -- $50 / Sq Ft
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 $877 $24,940 $4,080 $20,860
2024 $877 $24,940 $4,080 $20,860
2023 $877 $22,000 $3,600 $18,400
2022 $821 $23,160 $3,790 $19,370
2021 $378 $22,320 $3,650 $18,670
2020 $378 $21,090 $3,450 $17,640
2019 $395 $21,090 $3,450 $17,640
2018 $395 $21,090 $3,450 $17,640
2017 $388 $21,090 $3,450 $17,640
2015 $383 $19,980 $3,270 $16,710
2013 $396 $19,980 $3,270 $16,710
2012 $396 $19,980 $3,270 $16,710
Source: Public Records

Agents Affiliated with this Home

  • Jason Mueller

    Seller's Agent in 2023

    Jason Mueller

    EXIT REALTY NEW BEGINNINGZ

    (618) 527-5766

    11 in this area

    258 Total Sales

    Jason Mueller
    Section Image
  • Tamiko Mueller

    Seller Co-Listing Agent in 2023

    Tamiko Mueller

    EXIT REALTY NEW BEGINNINGZ M

    (618) 527-4663

    17 in this area

    258 Total Sales

    Tamiko Mueller
    Section Image

  • L

    Buyer's Agent in 2023

    Leah McWilliams

    DAVE THOMPSON REALTY

    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: EB447155

RMLS Alliance

APN: 06-23-231-014

Illinois Williamson County Marion 62959

501 S 2nd St, Marion, IL

This home is located at 501 S 2nd St, Marion, IL 62959 since 30 November 2022 and is currently estimated at $101,914, approximately $93 per square foot. This property was built in 1950. 501 S 2nd St is a home located in Williamson County with nearby schools including Lincoln Elementary School, Marion Junior High School, and Marion High 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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