NOT LISTED FOR SALE

609 N 9th St Herrin, IL 62948

Estimated Value: $262,000 - $371,140

-- Bed
-- Bath
9,456 Sq Ft
$33/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $250,000 $26 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,936/month

19 Days on Market

About This Home

As of May 2024

12 units. 8- two bedroom apartments and 4-one bedroom apartments, fully rented. This complex is being sold as is and has been priced accordingly. There is central air and heat in each unit. They are walking distance to the high school. Owner pays the water/trash bill and the electric to run the exterior lights only. Tenants are responsible for their own electric bills. Don’t miss out on this investment opportunity.

Last Agent to Sell the Property

Melissa Plant

COLDWELL BANKER J D THOMPSON Brokerage Phone: 618-997-1868 License #471021640 Listed on: 02/08/2024

COLDWELL BANKER J D THOMPSON

Last Buyer's Agent

Melissa Plant

COLDWELL BANKER J D THOMPSON Brokerage Phone: 618-997-1868 License #471021640 Listed on: 02/08/2024

COLDWELL BANKER J D THOMPSON

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 120x150
  • Corner Lot
  • Level Lot

Home Design

  • 9,456 Sq Ft Home
  • Shingle Roof
  • Vinyl Siding

Parking

  • 12 Parking Spaces
  • Guest Parking

Schools

  • Herrin Elementary School
  • Herrin Middle School
  • Herrin High School

Utilities

  • Heat Pump System

Community Details

  • Herrin Eph Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-19-439-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1980
  • New Construction: No
  • Structure Type: Quadruplex
  • Age55PlusDevelopment: No
  • Attribution Contact: Phone: 618-997-1868
  • Special Features: None

Interior Features

  • Basement: None

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Guest Parking
  • Total Parking Spaces: 12

Utilities

  • Heating: Heat Pump
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 12
  • NumberofRefrigerators: 12

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Herrin Elementary
  • High School: Herrin
  • Middle Or Junior School: Herrin

Lot Info

  • Lot Size: 120X150
  • Parcel #: 02-19-439-007

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13934.5
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
May 1, 2024
Sold by
Jenkins Kenneth
Bought by
Sunset Valley Properties Llc
Seller's Agent
Melissa Plant
COLDWELL BANKER J D THOMPSON
Buyer's Agent
Melissa Plant
COLDWELL BANKER J D THOMPSON
List Price
$399,000
Sold Price
$250,000
Premium/Discount to List
-$149,000
-37.34%
Views
25
Current Estimated Value
$311,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,047
Avg. Annual Appreciation
13.89%
Original Mortgage
$495,887
Outstanding Balance
$403,614
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
-$92,567
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
Sunset Valley Properties Llc $250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunset Valley Properties Llc $495,887
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $250,000 -37.3% $26 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $399,000 -- $42 / 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
2025 $15,329 $176,260 $13,230 $163,030
2024 $15,329 $176,260 $13,230 $163,030
2023 $15,329 $176,260 $13,230 $163,030
2022 $13,282 $155,300 $11,660 $143,640
2021 $12,915 $149,690 $11,240 $138,450
2020 $12,915 $141,430 $10,620 $130,810
2019 $12,018 $141,430 $10,620 $130,810
2018 $12,018 $141,430 $10,620 $130,810
2017 $11,748 $141,430 $10,620 $130,810
2015 $11,232 $133,970 $10,060 $123,910
2013 $8,739 $133,970 $10,060 $123,910
2012 $8,739 $133,970 $10,060 $123,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB452136

RMLS Alliance

APN: 02-19-439-007