NOT LISTED FOR SALE

522 Archer Ave Marshall, IL 62441

Estimated Value: $38,112

-- Bed
-- Bath
-- Sq Ft
2,684 Sq Ft Lot

Last Sold June 02, 2021

Last sale price $35,000

Est. 9% increase in value since last sale

Current estimated payment $277/month

178 Days on Market

Highlights

  • Home Security System
  • Forced Air Heating and Cooling System
  • 3-minute walk to Millcreek Park
  • Handicap Accessible

About This Home

As of June 2021

Attention all Entrepreneurs and anyone wanting a great commercial building of their own! This is a 3 story commercial building located in beautiful downtown Marshall, IL. Make your dreams come true and start your own business or move to a great location with your existing business. This building has so much history and character. There are hardwood floors on the upper two levels and there is an original pocket door still useable. The upper stories could be renovated into 2 apartments and have income coming in while running your business on the main floor. Upper 2 will need a lot of TLC work, The views from the upper levels are amazing. The back part of main floor could be rented as storage units with an overhead door already in place. The back part of the electric has been updated. Avg. utilities are approx $175 a month. There is a bathroom on main level but no hot water heater. The roof had a few leaks but has now been repaired.

Last Agent to Sell the Property

Paula Clawson

Crossroads Realty License #475130080 Listed on: 11/09/2020

Last Buyer's Agent

Cortney Fraker

Crossroads Realty License #475159069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1895

Lot Details

  • 2,684 Sq Ft Lot
  • Lot Dimensions are 22x122
  • Property is zoned COM

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • Home Security System

Accessible Home Design

  • Handicap Accessible

Utilities

  • Forced Air Heating and Cooling System
  • No Hot Water

Listing and Financial Details

  • Assessor Parcel Number 08-08-13-18-304-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Directions: Building is located on the North side of the square across from the Courthouse.
  • Lot Size Acres: 0.06
  • Lot Size: 22x122
  • Property Sub Type: Residential
  • Prop. Type: Commercial Sale
  • Building Stories: 3
  • Year Built: 1895
  • Road Frontage Type: City Street
  • Unit Levels: Three Or More
  • Property Sub Type Additional: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: No Hot Water
  • Owner Pays: None
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Property Condition: Resale
  • Roof: Rubber
  • Waterfront: No
  • Foundation Details: Other

Garage/Parking

  • Parking Features: On Street

Utilities

  • Green Building Features: Handicap Access
  • Cooling: Central Air
  • Electric: Other
  • Heating: Forced Air
  • Water Source: Public
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Lot Info

  • Lot Size Sq Ft: 2684.0
  • Parcel #: 08-08-13-18-304-038
  • Zoning: COM
  • Current Use: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 895.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jun 2, 2021
Sold by
Parker Bradley W
Bought by
Burson Brad and Burson Ronda
Seller's Agent
Paula Clawson
Crossroads Realty
Buyer's Agent
Cortney Fraker
Crossroads Realty
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%
Current Estimated Value
$38,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,112
Original Mortgage
$32,000
Outstanding Balance
$29,128
Interest Rate
3.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 2, 2012
Sold by
Deisher Ronald D and Deisher Marcella
Bought by
Parker Bradley W
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
Burson Brad $35,000 Accommodation
Parker Bradley W $17,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burson Brad $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $35,000 -22.2% --
05/07/2021 05/07/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $45,000 -- --
Source: Central Illinois Board of REALTORS®

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 $936 $14,453 $3,811 $10,642
2023 $924 $14,453 $3,811 $10,642
2022 $891 $12,905 $3,403 $9,502
2021 $896 $12,060 $3,180 $8,880
2020 $895 $12,060 $3,180 $8,880
2019 $895 $12,060 $3,180 $8,880
2018 $918 $12,060 $3,180 $8,880
2017 $928 $12,334 $3,252 $9,082
2016 $958 $12,060 $3,180 $8,880
2015 $780 $10,022 $3,221 $6,801
2014 $747 $9,755 $3,135 $6,620
2013 $747 $9,425 $3,030 $6,395
Source: Public Records

Agents Affiliated with this Home

  • Paula Clawson

    Seller's Agent in 2021

    Paula Clawson

    Crossroads Realty

    (217) 822-2065

    93 in this area

    197 Total Sales

    Paula Clawson
    Section Image
  • Cortney Fraker

    Buyer's Agent in 2021

    Cortney Fraker

    Crossroads Realty

    (217) 251-5614

    39 in this area

    62 Total Sales

    Cortney Fraker
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6206852

APN: 08-08-13-18-304-038

Illinois Clark County Marshall 62441

522 Archer Ave, Marshall, IL

Not Listed for Sale

Detached

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