NOT LISTED FOR SALE

601 E Fulton St Marissa, IL 62257

Estimated Value: $185,000 - $214,000

-- Bed
-- Bath
3,056 Sq Ft
$66/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $149,900 $49 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,273/month

113 Days on Market

Highlights

  • Brick Veneer
  • Storage Room
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

Great investment opportunity. Walk into the front door to an indoor entry hall. This quad plex has been very well maintained and has 2 long term tenants. Seller has chosen to leave the 2 bedroom apartments open for buyer to view during selling period. There are 2-2 bedroom apartments with apx 800 sq ft, and 2-1bedroom apartments. All come equipped with a stove, refrigerator and stackable washer and dryer. There is a covered carport out back with a space for each unit. It also has a small storage unit for each apt under the carport. The roof is approximate 7 years old.

Last Agent to Sell the Property

Florence Kane

Golden Key Realty License #471000530 Listed on: 11/23/2020

Last Buyer's Agent

Sharron Davis-Buckner

Century 21 Bailey & Company License #471021402

Century 21 Bailey & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,689

Year Built

  • Built in 1971

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 120x140

Home Design

  • Quadruplex
  • Brick Veneer

Interior Spaces

  • 3,056 Sq Ft Home
  • Storage Room

Parking

  • Carport
  • Additional Parking
  • Off-Street Parking

Schools

  • Marissa Dist 40 Elementary And Middle School
  • Marissa High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, electric, gas, sewer, water
  • Assessor Parcel Number 21-27.0-202-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,689

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Marissa
  • Special Description: No Exemptions
  • Age: 50
  • Ownership: Private
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Storage Room Avail
  • Square Footage: 3056

Exterior Features

  • Construction: Brick Veneer Decrtv

Garage/Parking

  • Parking: 1-2 Car Carport, Additional Parking, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: Marissa DIST 40
  • Elementary School: MARISSA DIST 40
  • Middle School: MARISSA DIST 40
  • High School: Marissa
  • Elementary School: MARISSA DIST 40
  • Junior High School: MARISSA DIST 40
  • School District: Marissa DIST 40
  • Senior High School: Marissa

Lot Info

  • Lot Dimensions: 120x140
  • Lot Sq Ft: 16596
  • Acres: 0.3810

Rental Info

  • Tenancy Type: 1 or More Vacant, Month To Month
  • Tenant Pays: All Utilities, Electric, Gas, Sewer, Water

Multi Family

  • Units: 2
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 3246
  • Assessor Parcel Number: 21-27.0-202-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Mar 8, 2021
Sold by
Bake Matthew David and Bake Matthew D
Bought by
Snelling Kenneth Thomas
Seller's Agent
Florence Kane
Golden Key Realty
Buyer's Agent
Sharron Davis-Buckner
Century 21 Bailey & Company
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$192,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,646
Avg. Annual Appreciation
5.47%
Original Mortgage
$139,900
Outstanding Balance
$126,827
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$62,692

Purchase Details

Closed on
Jul 26, 2012
Sold by
Fannie Mae
Bought by
Baker Matthew David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2012
Sold by
Huckins Anne L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 30, 2007
Sold by
Home Town Living Llc
Bought by
Huckins Jerry J and Huckins Anne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 10, 2005
Sold by
Poettker Daniel M and Poettker Tina R
Bought by
Home Town Living Llc

Purchase Details

Closed on
Apr 27, 2005
Sold by
Loesing Steven Michael and Loesing Julie G
Bought by
Poettker Daniel M and Poettker Tina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2001
Sold by
Loesing Steven M and Loesing John Michael
Bought by
Loesing John M and Loesing Carolyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
7.27%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Snelling Kenneth Thomas $150,000 Accommodation
Baker Matthew David $61,000 Wheatland Title
Federal National Mortgage Association -- None Available
Huckins Jerry J $99,000 Chicago Title
Home Town Living Llc -- None Available
Poettker Daniel M -- Town & Country Title Co
Loesing John M -- Metro East Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snelling Kenneth Thomas $139,900
Previous Owner Baker Matthew David $49,000
Previous Owner Huckins Jerry J $17,000
Previous Owner Huckins Anne L $79,124
Previous Owner Poettker Daniel M $400,000
Previous Owner Loesing John M $48,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $149,900 0.0% $49 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $149,900 -- $49 / Sq Ft
Source: MARIS MLS

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
2023 $2,689 $39,137 $5,591 $33,546
2022 $0 $35,476 $5,341 $30,135
2021 $2,575 $33,601 $5,059 $28,542
2020 $3,154 $34,679 $5,221 $29,458
2019 $3,246 $34,679 $5,221 $29,458
2018 $3,252 $32,299 $5,200 $27,099
2017 $3,218 $31,547 $5,079 $26,468
2016 $3,189 $31,856 $5,129 $26,727
2014 $946 $20,321 $5,310 $15,011
2013 $4,416 $21,113 $5,517 $15,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20084562

MARIS MLS

APN: 21-27.0-202-011