NOT LISTED FOR SALE

508 E Marion St Marion, IL 62959

Estimated Value: $95,000 - $225,000

-- Bed
-- Bath
2,048 Sq Ft
$86/Sq Ft Est. Value

Last Sold December 27, 2024

Last sale price $190,000 $93 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,298/month

28 Days on Market

Highlights

  • Tankless Water Heater
  • Forced Air Heating System
  • Fenced
  • Washington Elementary School Rated A-
  • High Speed Internet
  • Level Lot

About This Home

As of December 2024

Excellent Opportunity! Newer duplex on East side of Marion. Each unit boasts 2 bedrooms, 1 bath, and private fenced backyards with small decks. All electric with tankless water heaters, stainless steel appliances including dishwashers, and some smart home features. Quiet location within walking distance to Tower Square or Williamson County fairgrounds. Don't miss out on this one!

Last Agent to Sell the Property

Donna Pratt

COLDWELL BANKER J D THOMPSON Brokerage Phone: 618-997-1868 License #471013945 Listed on: 10/18/2024

COLDWELL BANKER J D THOMPSON

Co-Listed By

DAVID PRATT

COLDWELL BANKER J D THOMPSON Brokerage Phone: 618-997-1868 License #475158710

Last Buyer's Agent

Shelly Cain

COLDWELL BANKER J D THOMPSON License #475162651

COLDWELL BANKER J D THOMPSON

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,787

Year Built

  • Built in 2020

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 85 x 85
  • Street terminates at a dead end
  • Fenced
  • Level Lot

Home Design

  • 2,048 Sq Ft Home
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • Parking Pad

Schools

  • Marion High School

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Mitchell Subdivision
  • Trash Expense $300

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for electricity, trash collection, sewer, water
  • Assessor Parcel Number 07-19-127-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,787

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 2020
  • New Construction: No
  • Structure Type: Duplex
  • Attribution Contact: Phone: 618-997-1868
  • Special Features: None

Interior Features

  • Basement: None
  • Interior Amenities: Cable Available, High Speed Internet

Exterior Features

  • Lot Features: Dead End Street, Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 4

Utilities

  • Heating: Electric, Forced Air, Central Air, Tankless Water Heater
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfDishwashers: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 300
  • AdvertisingExpense: 0

Schools

  • High School: Marion

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size: 85 x 85
  • Parcel #: 07-19-127-032

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Sewer, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3787
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Dec 27, 2024
Sold by
Lindsey Michael
Bought by
Hughes Kyle and Kievit Brenyn Elisabeth
Seller's Agent
Donna Pratt
COLDWELL BANKER J D THOMPSON
Buyer's Agent
Shelly Cain
COLDWELL BANKER J D THOMPSON
List Price
$209,900
Sold Price
$190,000
Premium/Discount to List
-$19,900
-9.48%
Views
26
Current Estimated Value
$175,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,455
Avg. Annual Appreciation
-7.61%
Original Mortgage
$135,000
Outstanding Balance
$134,057
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$41,488
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
Hughes Kyle $190,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Kyle $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2024 12/27/24 Sold $190,000 -9.5% $93 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $209,900 -- $102 / 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 $4,576 $64,860 $6,780 $58,080
2024 $4,576 $64,860 $6,780 $58,080
2023 $4,576 $64,860 $6,780 $58,080
2022 $3,787 $57,140 $5,970 $51,170
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Donna Pratt

    COLDWELL BANKER J D THOMPSON

    Section Image

  • D

    Seller Co-Listing Agent in 2024

    DAVID PRATT

    COLDWELL BANKER J D THOMPSON

    (618) 997-1868

    3 in this area

    5 Total Sales

    DAVID PRATT
    Section Image
  • Shelly Cain

    Buyer's Agent in 2024

    Shelly Cain

    COLDWELL BANKER J D THOMPSON

    (618) 922-5072

    163 in this area

    263 Total Sales

    Shelly Cain
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: EB455555

RMLS Alliance

APN: 07-19-127-032

Illinois Williamson County Marion 62959

508 E Marion St, Marion, IL

Not Listed for Sale

MultiFamily

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