NOT LISTED FOR SALE

505 S Madison St Unit 507 Marion, IL 62959

Estimated Value: $70,239 - $96,000

3 Beds
2 Baths
1,225 Sq Ft
$69/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $128,000 $104 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $614/month

16 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Granite Countertops
  • Washington Elementary School Rated A-
  • Great Room
  • 5-minute walk to Tower Square Plaza Office Center

About This Home

As of July 2020

Add'l parcel #: 0719112002
Brand new 3 bedroom, 2 bath home, 2 car attached garage, and stainless kitchen appliances. Beautiful flooring. Ready to move into by June 2020.

Last Agent to Sell the Property

Mark Krones

C21 House of Realty Inc License #471.005092 Listed on: 03/27/2020

Last Buyer's Agent

Default Zmember

Zdefault Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,808

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 85x85
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • New Construction
  • Contemporary Architecture
  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,225 Sq Ft Home
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Lower Floor Utility Room
  • Utility Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Common Area
  • Accessible Kitchen
  • Stairway
  • Central Living Area
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance
  • Accessible Pathway
  • Safe Emergency Egress From Home
  • Accessible Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Marion Dist 2 Elementary And Middle School
  • Marion High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Builder Warranty
  • Assessor Parcel Number 0719112001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,808

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Special Areas: Entry Foyer, Great Room, Utility Room
  • Special Description: Spec Home
  • Ad Code: EB432358
  • Ownership: Private
  • Year Built Exception: New Construction
  • Accessibility Features: Accessible Approach with Ramp, Accessible Central Living Area, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Kitchen, Accessible Stairway, Safe Emergency Egress from Home
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Bedroom Types: Divided Bdr Flr Plan
  • Dining Room: Separate Dining
  • Kitchen: Center Island, Granite Countertops
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 2
  • Master Bed.: Full Bath
  • Misc Features: Builders Warranty, High Spd Connection, Patio, Porch-Covered
  • Total Living Area: 1225.00
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven-Electric, Refrigerator, Stainless Steel Appliances
  • Bathrooms: 2.00
  • Bedrooms: 3.00
  • Room Cnt: 7
  • Square Footage: 1225
  • Total Full Baths: 2

Exterior Features

  • Architecture: Contemporary
  • Construction: Vinyl Siding

Garage/Parking

  • Garage Size: 22x22
  • Garage Spaces: 2
  • Parking: Accessible Parking, Accessible Route to Entry, Attached Garage, Garage Door Opener, Off Street, Tandem Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Heat Pump

Condo/Co-op/Association

  • Amenities: Underground Util

Schools

  • School District: MARION DIST 2
  • Elementary School: MARION DIST 2
  • Middle School: MARION DIST 2
  • High School: Marion
  • Elementary School: MARION DIST 2
  • Junior High School: MARION DIST 2
  • School District: MARION DIST 2
  • Senior High School: Marion

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 85x85
  • Lot Sq Ft: 7405
  • Acres: 0.1700

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid Year: 2018
  • Assessor Parcel Number: 0719112001

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $128,000 0.0% $104 / Sq Ft
07/29/2020 07/29/20 Sold $128,000 0.0% $104 / Sq Ft
04/15/2020 04/15/20 Price Changed $128,000 0.0% $104 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
04/13/2020 04/13/20 Price Changed $128,000 +2.8% $104 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $124,500 0.0% $102 / Sq Ft
01/20/2020 01/20/20 For Sale $124,500 -- $102 / Sq Ft
Source: MARIS MLS

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 $1,808 $23,330 $5,050 $18,280
2024 $1,808 $23,330 $5,050 $18,280
2023 $1,808 $23,330 $5,050 $18,280
2022 $1,437 $20,560 $4,450 $16,110
2021 $1,401 $19,820 $4,290 $15,530
2020 $1,401 $18,720 $4,050 $14,670
2019 $1,421 $18,720 $4,050 $14,670
2018 $1,421 $18,720 $4,050 $14,670
2017 $1,396 $18,720 $4,050 $14,670
2015 $1,353 $17,740 $3,840 $13,900
2013 $767 $17,740 $3,840 $13,900
2012 $767 $17,740 $3,840 $13,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20019950

MARIS MLS

APN: 07-19-112-003