NOT LISTED FOR SALE

507 S Madison St Marion, IL 62959

Estimated Value: $75,000 - $98,000

3 Beds
1 Bath
1,040 Sq Ft
$80/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $47,000 $45 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $603/month

44 Days on Market

Highlights

  • Sun or Florida Room
  • Bungalow
  • Ceiling Fan
  • Washington Elementary School Rated A-

About This Home

As of July 2022

This three bedroom, one bathroom bungalow home is close to downtown, Washington School, Ashley Park, the post office and Carnegie Library. There is an additional lot to the north that is included in the parcel. Has served as a rental in the past and would be a great investment as a future rental or first time home.

Last Agent to Sell the Property

Morgan Thomas

Southern Illinois Realty Experts Herrin License #475.189843 Listed on: 04/12/2022

Southern Illinois Realty Experts Herrin

Last Buyer's Agent

Shawnna Donovan

Southern Illinois Realty Experts Herrin License #471.010515

Southern Illinois Realty Experts Herrin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,401

Year Built

  • Built in 1930

Lot Details

  • 6,447

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Sun or Florida Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,401

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Lvt Date: 04/20/2022
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Ceiling Fan
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x10, On Level: Main, Flooring: Carpet
  • Basement Foundation: Crawl Space, Partial, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bedroom 2: Dimensions: 10x10, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 8.5x10, On Level: Main, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Formal Dining Room: Dimensions: 14x13, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 16x10, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining Formal
  • Living Room: Dimensions: 15x15, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 45.19
  • Finished Sq Ft: 1040
  • Total Sq Ft: 1040
  • Finished Main Level Sq Ft: 1040

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Amenities: Porch/3-Season
  • Road Access: Paved
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Gravel

Utilities

  • Heating Cooling: Electric, Gas, Forced Air, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water
  • Utility Companies: Ameren

Schools

  • High School: Marion

Lot Info

  • Estimated Lot Size: 85x85
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1400.98
  • Parcel Id Number Tax Id: 07-19-112-003
  • Tax Year: 2020

MLS Schools

  • High School School District: Marion

Range of Values:

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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
07/19/2022 07/19/22 Sold $47,000 -21.5% $45 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $59,900 -- $58 / 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 $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

  • M

    Seller's Agent in 2022

    Morgan Thomas

    Southern Illinois Realty Experts Herrin

    Section Image
  • Shawnna Donovan

    Buyer's Agent in 2022

    Shawnna Donovan

    Southern Illinois Realty Experts Herrin

    (618) 751-5715

    95 in this area

    279 Total Sales

    Shawnna Donovan
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: QC4232239

RMLS Alliance

APN: 07-19-112-003

Illinois Williamson County Marion 62959

507 S Madison St, Marion, IL

This home is located at 507 S Madison St, Marion, IL 62959 since 12 April 2022 and is currently estimated at $83,588, approximately $80 per square foot. This property was built in 1930. 507 S Madison St is a home located in Williamson County with nearby schools including Washington 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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