NOT LISTED FOR SALE

504 N 8th St Mount Vernon, IL 62864

Estimated Value: $80,000 - $99,000

2 Beds
1 Bath
1,200 Sq Ft
$73/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $18,100 $15 Per Sq Ft

Est. 385% increase in value since last sale

Current estimated payment $564/month

20 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Porch
  • Ranch Style House

About This Home

As of August 2012

Lots of possibilities with this home; could easily be 2-3 bedrooms, but only 1 bedroom has a closet; kitchen updated; basement has very high ceilings and could easily be finished for additional living area; This is a FannieMae HomePath property and eligible for FannieMae HomePath Renovation Mortgage financing. Purchase this property for as little as 3% down none

Last Agent to Sell the Property

Mark Miller

Hudson Realtors Listed on: 07/25/2012

Last Buyer's Agent

Mark Miller

Hudson Realtors Listed on: 07/25/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $473

Year Built

  • Built in 1910

Lot Details

  • 7,405

Home Design

  • Ranch Style House
  • Frame Construction

Outdoor Features

  • Deck
  • Porch

Schools

  • Mt Vernon Elementary School

Additional Features

  • 1 Bathroom
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$473

Year Built

Built in 1910

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Unit Style: 1-Level
  • Legal Description: SE1/4, NW1/4 and Part of NE1/4 of SW1/4 of Sec 29 and also part of Lot 1, Sec 29
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Bedrooms: 2
  • Basement Foundation: Unfinished
  • Total Basement Sq Ft: 1200
  • Price Per Sq Ft: 15.08
  • Finished Sq Ft: 1200
  • Total Sq Ft: 1200
  • Finished Main Level Sq Ft: 1200

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Deck, Fenced Yard, Porch
  • Roofing: Shingles
  • Construction Type: Frame

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: Ameren Mt. Vernon Ameren

Schools

  • Elementary School: Mt Vernon

Lot Info

  • Estimated Lot Size: 50x150
  • Estimated Number of Acres: 0.17
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 473
  • Parcel Id Number Tax Id: 07-29-177-022
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2012
Closed on
Aug 27, 2012
Sold by
Fannie Mae
Bought by
Jones Steve B and Jones Nancy L
Seller's Agent
Mark Miller
Hudson Realtors
Buyer's Agent
Mark Miller
Hudson Realtors
List Price
$19,900
Sold Price
$18,100
Premium/Discount to List
-$1,800
-9.05%
Current Estimated Value
$87,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,690
Avg. Annual Appreciation
12.37%

Purchase Details

Closed on
May 21, 2012
Sold by
Smothers James and Smothers Loretta
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 27, 2005
Sold by
Presley Sara B
Bought by
Smothers James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.07%
Mortgage Type
New Conventional
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
Jones Steve B $18,500 None Available
Federal National Mortgage Association -- None Available
Smothers James $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smothers James $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $18,100 -9.0% $15 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $19,900 -- $17 / Sq Ft
Source: RMLS Alliance

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 $1,279 $14,733 $2,676 $12,057
2023 $1,190 $13,601 $2,470 $11,131
2022 $1,154 $11,931 $2,167 $9,764
2021 $1,105 $11,363 $2,064 $9,299
2020 $1,108 $10,620 $1,929 $8,691
2019 $1,093 $10,620 $1,929 $8,691
2018 $1,080 $10,620 $1,929 $8,691
2017 $1,200 $12,060 $1,929 $10,131
2016 $1,171 $12,060 $1,929 $10,131
2015 $1,145 $12,060 $1,929 $10,131
2014 $476 $12,060 $1,929 $10,131
2013 $476 $11,378 $1,820 $9,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB312475

RMLS Alliance

APN: 07-29-177-022

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