NOT LISTED FOR SALE

520 Makanda Rd Makanda, IL 62958

Estimated Value: $210,481

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

About This Home

As of June 2020

OWN A PIECE OF LOCAL HISTORY!! Take a walk on the boardwalk, the centerpiece of the artist's community known as Makanda, IL -- JUST SOUTH OF CARBONDALE -- nestled on a hillside bordering Giant City State Park. Still on track after all of these years, this investment opportunity has (3) apartments upstairs and (5) shops located in the arcade-style first floor. Everything's in good order -- even the boardwalk timbers were replaced recently with solid planks that truly reflect the past. This is a very special chance to become part of the tradition, atmosphere, shows and events like the famous Vulture Fest and Makanda Fest -- you can read all about this town and this building, known as the L. L. Bell, at http://villageofmakanda.com/.

Last Agent to Rent the Property

Ted Popov

COLDWELL BANKER PRIME REALTY License #471018114 Listed on: 10/28/2019

COLDWELL BANKER PRIME REALTY

Last Renter's Agent

Kimberly Hall

FIVE STAR REALTY License #471003687

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $241

Year Built

  • Built in 1893

Lot Details

  • 6,534

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$241

Year Built

Built in 1893

Lot Details

0

Rental Info

  • Sale Lease Includes: Sale/Lease Other
  • Terms Lease: Other Term/Lease, Yearly

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: RE Only.
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring, Wood
  • Total Sq Ft: 7500
  • Total Building Sq Ft: 7500

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 2Lane, Township Road
  • Insulation: Unknown
  • Roof Construction: Asphalt/Fiberglass
  • Wall Construction: Masonry, Other Wall Construction

Garage/Parking

  • Numberparking Spaces Allocated: 23

Utilities

  • Electric Company: Ameren
  • Cooling: Wall/Window
  • Heating: Gas, Electric
  • Gas Company: Southern FS
  • Water Company: Buncombe

Lot Info

  • Estimated Number of Acres: 0.15
  • Zoning: Mixed Use
  • Estimated Land Size: 135.25x49.5
  • Geo Subdivision: IL
  • Irregular Lot: No

Tax Info

  • Annual Taxes: 241
  • Parcel Id Number Tax Id: 1927306025
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Jun 1, 2020
Sold by
Leonard Weiderman T
Bought by
Baker Robert
Seller's Agent
Ted Popov
COLDWELL BANKER PRIME REALTY
Buyer's Agent
Kimberly Hall
FIVE STAR REALTY
Sold Price
$145,000
Current Estimated Value
$210,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,481
Original Mortgage
$130,500
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Baker Robert $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Baker Robert $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Rented $145,000 -17.1% --
05/12/2020 05/12/20 For Rent $175,000 0.0% --
04/29/2020 04/29/20 Off Market $175,000 -- --
04/22/2020 04/22/20 Under Contract -- -- --
01/07/2020 01/07/20 Price Changed $175,000 -7.9% --
10/28/2019 10/28/19 For Rent $190,000 -- --
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
2024 $2,402 $27,058 $3,018 $24,040
2023 $2,227 $24,166 $2,695 $21,471
2022 $2,247 $23,077 $2,574 $20,503
2021 $2,114 $22,252 $2,482 $19,770
2020 $268 $2,896 $1,263 $1,633
2019 $254 $2,846 $1,241 $1,605
2018 $241 $2,846 $1,241 $1,605
2017 $241 $2,846 $1,241 $1,605
2016 $239 $2,846 $1,241 $1,605
2015 -- $2,846 $1,241 $1,605
2014 -- $2,846 $1,241 $1,605
2012 -- $2,846 $1,241 $1,605
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAEB431275

RMLS Alliance

APN: 19-27-306-025