NOT LISTED FOR SALE

615 Market St Metropolis, IL 62960

Estimated Value: $26,307

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold April 19, 2017

Last sale price $16,000

Est. 64% increase in value since last sale

Current estimated payment $169/month

358 Days on Market

About This Home

As of April 2017

2310 square foot commercial building in the heart of Metropolis! Currently used for retail, but this building would also be ideal for office space as well. Large area in the back of the building for storage or additional office space, as well as 2 restrooms. The downtown area of Metropolis has several new and expanding businesses. At this price, this opportunity won't last long!Disclosure: None - Commercial Property

Last Agent to Sell the Property

Stewart Weisenberger

Farmer & Co. Real Estate License #471018059 Listed on: 03/16/2016

Last Buyer's Agent

Stewart Weisenberger

Farmer & Co. Real Estate License #471018059 Listed on: 03/16/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $646

Year Built

  • Built in 1950

Lot Details

  • 2,614

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$646

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted
  • Half Basement: No Basement
  • Total Sq Ft: 2310

Exterior Features

  • Exterior Finish: Brick, Block
  • Roof Construction: Other Roof Construction
  • Construction: Block
  • Foundation: Slab

Garage/Parking

  • Numberparking Spaces Allocated: 3

Utilities

  • Electric Company: City
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: Liberty
  • Water Company: City
  • Electric: 100 Amp box

Association/Amenities

  • Amenities: Wireless Internet

Lot Info

  • Zoning: Commercial
  • Estimated Land Size: 20x110
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Property Use: Other Property Use, Street Retail

Rental Info

  • Sale Lease Includes: Sale/Lease Other

Tax Info

  • Annual Taxes: 646
  • Parcel Id Number Tax Id: 0802448009
  • Tax Incentive: None
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Apr 19, 2017
Sold by
Adams Lucia
Bought by
Morris Jason and Morris Jessica
Seller's Agent
Stewart Weisenberger
Farmer & Co. Real Estate
Buyer's Agent
Stewart Weisenberger
Farmer & Co. Real Estate
List Price
$25,000
Sold Price
$16,000
Premium/Discount to List
-$9,000
-36%
Current Estimated Value
$26,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,307
Avg. Annual Appreciation
5.89%
Original Mortgage
$50,000
Outstanding Balance
$34,670
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
-$8,899
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
Morris Jason $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Jason $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2017 04/19/17 Sold $16,000 -36.0% --
03/09/2017 03/09/17 Pending -- -- --
03/16/2016 03/16/16 For Sale $25,000 -- --
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 $906 $18,056 $3,293 $14,763
2023 $357 $17,000 $3,100 $13,900
2022 $348 $17,000 $3,100 $13,900
2021 $356 $17,000 $3,100 $13,900
2020 $395 $17,000 $3,100 $13,900
2019 $350 $16,681 $3,042 $13,639
2018 $341 $4,000 $3,100 $900
2017 $706 $8,000 $3,100 $4,900
2016 $651 $7,817 $3,029 $4,788
2015 $646 $8,000 $3,100 $4,900
2014 $646 $8,000 $3,100 $4,900
2013 $1,387 $17,675 $3,100 $14,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB404761

RMLS Alliance

APN: 08-02-448-009