NOT LISTED FOR SALE

505 W 8th St Metropolis, IL 62960

Estimated Value: $22,000 - $71,000

2 Beds
1 Bath
916 Sq Ft
$57/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $9,500 $10 Per Sq Ft

Est. 447% increase in value since last sale

Current estimated payment $318/month

126 Days on Market

About This Home

As of July 2021

Nice Investment Property or Starter Home! 1 possible 2 bedroom 1 bath home. Listed at $12,500.

Last Listed By

STEPHEN GRIMES

GIA REAL ESTATE, INC. License #475119890 Listed on: 02/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $257

Year Built

  • Built in 1925

Lot Details

  • 6,098

Home Design

  • Ranch Style House

Schools

  • Massac Unit 1 Elementary School

Additional Features

  • Oven or Range
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$257

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Unit Style: 1-Level
  • Legal Description: LT0003 BK061 W 1/3 LOTS 1,2 & ADDITION OF METROPOLIS
  • Lvt Date: 02/27/2021
  • Year Built: 1925
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range/Oven
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 10x10, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Crawl Space
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 10x10, On Level: Main, Flooring: Laminate
  • Bedroom 2 Egress Window: Yes
  • Kitchen: Dimensions: 10x10, On Level: Main, Flooring: Hardwood
  • Living Room: Dimensions: 12x10, On Level: Main
  • Price Per Sq Ft: 10.37
  • Finished Sq Ft: 916
  • Total Sq Ft: 916
  • Finished Main Level Sq Ft: 916

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Alley
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On Street Parking

Utilities

  • Heating Cooling: Gas, Window Unit
  • Water Sewer: Public Sewer, Public Water
  • Utility Companies: Liberty City City

Schools

  • Elementary School: Massac Unit 1
  • Middle School: Massac Unit 1
  • High School: Massac Unit 1
  • Elementary School: Massac Unit 1

Lot Info

  • Estimated Lot Size: 40x150
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 257
  • Parcel Id Number Tax Id: 0802261003
  • Tax Year: 2020

MLS Schools

  • High School School District: Massac Unit 1
  • Middle School: Massac Unit 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Jul 20, 2021
Sold by
City National Bank
Bought by
Huq Shapla
Seller's Agent
STEPHEN GRIMES
GIA REAL ESTATE, INC.
Buyer's Agent
STEPHEN GRIMES
GIA REAL ESTATE, INC.
List Price
$12,500
Sold Price
$9,500
Premium/Discount to List
-$3,000
-24%
Total Days on Market
126
Current Estimated Value
$51,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,462
Avg. Annual Appreciation
54.42%

Purchase Details

Closed on
Apr 13, 2017
Sold by
Olde Towne Properties Llc
Bought by
J C Smith Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2016
Sold by
Jc Smith Housing Co Llc
Bought by
Olde Towne Properties Llc

Purchase Details

Closed on
Jan 28, 2013
Sold by
Sheriff Of Massac County
Bought by
Banterra Bank

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
Huq Shapla $9,500 None Available
J C Smith Properties Llc -- --
Olde Towne Properties Llc -- --
Banterra Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J C Smith Properties Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $9,500 0.0% $10 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/25/2021 06/25/21 Price Changed $9,500 -24.0% $10 / Sq Ft
02/26/2021 02/26/21 For Sale $12,500 +257.1% $14 / Sq Ft
11/18/2015 11/18/15 Sold $3,500 -30.0% $4 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $5,000 -- $5 / 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
2023 $320 $3,500 $1,000 $2,500
2022 $314 $3,500 $1,000 $2,500
2021 $312 $3,500 $1,000 $2,500
2020 $145 $1,500 $1,000 $500
2019 $129 $1,472 $981 $491
2018 $128 $1,500 $1,000 $500
2017 $132 $1,500 $1,000 $500
2016 $122 $1,466 $977 $489
2015 $257 $1,500 $1,000 $500
2014 $257 $1,500 $1,000 $500
2013 $250 $3,180 $320 $2,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB438403

RMLS Alliance

APN: 08-02-261-003