NOT LISTED FOR SALE

612 Main St Mount Vernon, IL 62864

Estimated Value: $60,124

4 Beds
4 Baths
2,350 Sq Ft
$26/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $48,500 $21 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $387/month

271 Days on Market

About This Home

As of January 2022

FOUR UNIT APARTMENT BUILDING WITH UPDATES! Each unit has appliances, covered carport for parking in rear of building. Basement with coin operated laundry facility. Seller has made the following updates: water heater, roof, furnace and air conditioners, all done in 2009. Units have been inspected by city and passed codes. Close to amenities. Great investment opportunity! Disclosure: Owner pays water, sewer, and trash. Personal Property Incl: All appliances remain. Water Company: Mt. Vernon

Last Agent to Sell the Property

Lisa McKinney

C21 All Pro Real Estate License #471003781 Listed on: 03/03/2021

Last Buyer's Agent

Lisa McKinney

C21 All Pro Real Estate License #471003781 Listed on: 03/03/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,712

Schools

  • Mt Vernon Elementary School
  • Mt Vernon High School

Additional Features

  • Partial Basement
  • Septic System

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: GREEN'S ADD LOT 10 BLK 8 612 MAIN
  • Lvt Date: 03/04/2021
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Price Per Sq Ft: 20.64
  • Total Sq Ft: 2350

Exterior Features

  • Exterior: Composition Siding, Vinyl Siding
  • Roofing: Metal

Garage/Parking

  • Garage Parking: Carport, Detached
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Gas
  • Water Sewer: Public Water, Septic System

Schools

  • Elementary School: Mt Vernon
  • Middle School: Casey Mt. Vernon
  • High School: Mt Vernon
  • Elementary School: Mt Vernon
  • High School: Mt Vernon

Lot Info

  • Estimated Lot Size: 175x50
  • Subdivision: Green
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Gross Annual Rent Income: 19500

Tax Info

  • Annual Taxes: 2677.84
  • Parcel Id Number Tax Id: 0729336013
  • Tax Year: 2019

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 19500
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 4

MLS Schools

  • Middle School: Casey Mt. Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Jan 21, 2022
Sold by
Pigg Zachary W
Bought by
Parnell Eric and Parnell Lindsay
Seller's Agent
Lisa McKinney
C21 All Pro Real Estate
Buyer's Agent
Lisa McKinney
C21 All Pro Real Estate
List Price
$65,000
Sold Price
$48,500
Premium/Discount to List
-$16,500
-25.38%
Current Estimated Value
$60,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,624
Avg. Annual Appreciation
5.51%
Interest Rate
3.55%

Purchase Details

Closed on
Dec 9, 2010
Sold by
Mjsh Llc
Bought by
Pigg Zachary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2009
Sold by
Kingston Carolyn S
Bought by
Breeze Nathan

Purchase Details

Closed on
Jun 15, 2007
Sold by
Phelps James Kevin and Crawford Rhonda Marie
Bought by
Johnson Donna F and Phelps Donna F
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
Parnell Eric $48,500 --
Pigg Zachary W $135,000 None Available
Breeze Nathan $20,000 None Available
Johnson Donna F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parnell Eric $80,000
Closed Parnell Eric --
Previous Owner Pigg Zachary W $108,000
Previous Owner Piqq Zachary W $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $48,500 -25.4% $21 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $65,000 -- $28 / 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
2024 $2,917 $36,112 $6,244 $29,868
2023 $2,917 $33,338 $5,764 $27,574
2022 $2,829 $29,244 $5,056 $24,188
2021 $2,707 $27,851 $4,815 $23,036
2020 $2,715 $26,029 $4,500 $21,529
2019 $2,678 $26,029 $4,500 $21,529
2018 $2,006 $19,730 $4,500 $15,230
2017 $1,939 $19,730 $4,500 $15,230
2016 $1,915 $19,730 $4,500 $15,230
2015 $1,874 $19,730 $4,500 $15,230
2014 $1,528 $19,730 $4,500 $15,230
2013 $1,528 $18,613 $4,245 $14,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB438476

RMLS Alliance

APN: 07-29-336-013