NOT LISTED FOR SALE

508 S Park Ave Herrin, IL 62948

Herrin Area

Estimated Value: $94,000 - $124,000

Studio
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: March 9, 2018

Last sale price $69,000

Est. 63% increase in value since last sale

Current estimated payment $855 / mo

250 Days on Market

About This Home

As of March 2018

Highly visible professional office space in Rt 148 location with traffic count of almost 18,000 cars per day. Over 1400 sq. ft. with 3 private offices, large reception area, 2 conference areas, 2 restrooms, and break area. Very clean, partial basement affords abundant storage. Parking spaces in front and rear, total 4-6. Totally remodeled & in move-in condition.Disclosure: Front reception area 13x29, 3 private offices, 2 restrooms, 1 large conference room, 1 smaller meeting area, 1 break room with bar sink & refrigerator, partial basement. Gas furnace, central air. Parking in rear, access through public alley off Pine.

Last Agent to Sell the Property

Elaine Melby

C21 HOUSE OF REALTY, INC. C License #475081348 Listed on: 05/03/2017

Co-Listed By

Fortune Brayfield

C21 HOUSE OF REALTY, INC. C License #475127843

Last Buyer's Agent

Justin Zurlinden

Landmark Realty Group License #471021022

Landmark Realty Group

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1915

Lot Details

  • 4,792

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$2,066

Year Built

Built in 1915

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: Signage on Route 148. Traffic count almost 18,000
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Half Basement: Block, Partial, Unfinished
  • Total Sq Ft: 1442

Exterior Features

  • Exterior Finish: Vinyl
  • Roof Construction: Asphalt/Fiberglass
  • Construction: Framed On Site
  • Foundation: Basement

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: Ameren
  • Water Company: Herrin
  • Electric: 200 Amp Box

Association/Amenities

  • Additional Amenities: See Remarks

Lot Info

  • Estimated Number of Acres: 0.11
  • Zoning: Commercial
  • Estimated Land Size: 50x100
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Property Use: Outlet Center

Rental Info

  • Sale Lease Includes: Sale/Lease Other

Tax Info

  • Annual Taxes: 2066.44
  • Parcel Id Number Tax Id: 0230255002
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Mar 9, 2018
Sold by
Bought by
Seller's Agent
Elaine Melby
C21 HOUSE OF REALTY, INC. C
Buyer's Agent
Justin Zurlinden
Landmark Realty Group
List Price
$89,500
Sold Price
$69,000
Premium/Discount to List
-$20,500
-22.91%
Current Estimated Value
$112,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,798
Avg. Annual Appreciation
6.02%
Original Mortgage
$55,200
Outstanding Balance
$29,139
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$83,659
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Herrin, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$69,000 Craig & Bartelsmeyer Pc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $55,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2018 03/09/18 Sold $69,000 -22.9% --
01/08/2018 01/08/18 Pending -- -- --
05/03/2017 05/03/17 For Sale $89,500 +79.0% --
03/11/2013 03/11/13 Sold $50,000 -28.1% $34 / Sq Ft View Prior Sale
02/04/2013 02/04/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $69,500 -- $48 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,826 $31,800 $3,350 $28,450
2024 $2,826 $31,800 $3,350 $28,450
2023 $2,766 $31,800 $3,350 $28,450
2022 $2,396 $28,020 $2,950 $25,070
2021 $2,330 $27,000 $2,840 $24,160
2020 $2,330 $25,510 $2,680 $22,830
2019 $2,168 $25,510 $2,680 $22,830
2018 $2,168 $25,510 $2,680 $22,830
2017 $2,119 $25,510 $2,680 $22,830
2015 $2,026 $24,170 $2,540 $21,630
2013 $971 $14,890 $2,390 $12,500
2012 $971 $14,890 $2,390 $12,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB413119

RMLS Alliance

APN: 02-30-255-002

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