NOT LISTED FOR SALE

601 N 16th St Unit 601, 603, 605 Murphysboro, IL 62966

Estimated Value: $57,000 - $85,000

1 Bed
-- Bath
1,943 Sq Ft
$36/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $50,000 $26 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $468/month

8 Days on Market

About This Home

As of February 2024

Investment opportunity!!! Features a house, duplex and pole barn. All units have continuously been rented by long-term renters. New leases recently signed. Currently bringing in $1,450/mo. Newer roof on duplex and newer central air system in all units. House has all new electrical work.

Last Listed By

ERIN CAMFIELD

Infinity Realty of Southern IL Brokerage Phone: 618-841-5571 License #475197066 Listed on: 01/05/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 1923

Lot Details

  • 0.26

Home Design

  • 1,943 Sq Ft Home
  • Shingle Roof

Parking

  • 1 Parking Space
  • On-Street Parking

Schools

  • Murphysboro Elementary School
  • Murphysboro High School

Additional Features

  • Lot Dimensions are 69x144
  • Gas Water Heater

Community Details

  • Trash Expense $400

Listing and Financial Details

  • Assessor Parcel Number 14-04-154-043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,165

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1923
  • New Construction: No
  • Structure Type: One Story, Duplex
  • PricePerSqFt: 25.73
  • Age55PlusDevelopment: No
  • Attribution Contact: Pref: 618-841-5571
  • Special Features: None

Interior Features

  • Basement: None

Exterior Features

  • Lot Features: Other
  • Construction Type: Composition
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street, Other
  • Total Parking Spaces: 1

Utilities

  • Heating: Electric, Central Air, Gas Water Heater
  • Electric Expense: 900
  • Water Sewer Expenses: 480
  • Water Source: Public Sewer, Public
  • GasExpense: 900
  • NumberOfWaterHeaters: 3
  • NumberOfHeatingUnits: 3
  • NumberOfCentralAirUnits: 3
  • NumberOfGasMeters: 3
  • NumberOfElectricMeters: 4
  • NumberofWaterMeters: 3

Fee Information

  • Trash Expense: 400
  • AdvertisingExpense: 0

Schools

  • Elementary School: Murphysboro
  • High School: Murphysboro

Lot Info

  • Lot Size: 69x144
  • Parcel #: 14-04-154-043

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3006.46
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 16200
  • Annual Operating Expense: 4609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 9, 2024
Sold by
Povolish Ryan J
Bought by
Lizarraga Elias Yesenia and Silvestre Tinajero Silvestre
Seller's Agent
ERIN CAMFIELD
Infinity Realty of Southern IL
Buyer's Agent
Kathy Patterson
IN BETWEEN OFFICES
List Price
$64,900
Sold Price
$50,000
Premium/Discount to List
-$14,900
-22.96%
Total Days on Market
8
Views
141
Current Estimated Value
$70,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,899
Avg. Annual Appreciation
35.92%

Purchase Details

Closed on
Sep 12, 2006
Sold by
Blankenship Gilbert R and Blankenship Theresa L
Bought by
Povolish Ryan P

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
Lizarraga Elias Yesenia -- None Listed On Document
Povolish Ryan P $120,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $50,000 -23.0% $26 / Sq Ft
01/05/2024 01/05/24 For Sale $64,900 -- $33 / 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
2023 $3,165 $29,045 $2,185 $26,860
2022 $3,006 $26,571 $2,003 $24,568
2021 $2,913 $24,928 $1,879 $23,049
2020 $2,930 $24,630 $1,856 $22,774
2019 $2,713 $24,202 $1,824 $22,378
2018 $3,075 $29,219 $1,824 $27,395
2017 $3,064 $29,219 $1,824 $27,395
2016 $2,989 $29,219 $1,824 $27,395
2015 -- $29,219 $1,824 $27,395
2014 -- $25,625 $1,824 $23,801
2012 -- $25,625 $1,824 $23,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB451808

RMLS Alliance

APN: 14-04-154-043