NOT LISTED FOR SALE

711 N 7th St Riverton, IL 62561

-- Bed
-- Bath
5,000 Sq Ft
1.65 Acres

Last Sold September 29, 2017

Last sale price $235,000 $47 Per Sq Ft

About This Home

As of September 2017

This is a great opportunity to own commercial property in Riverton. Currently Park-N-Shop Plaza and offers 3 buildings. Building one has two businesses and currently leased by France's Pizza and Charlotte's Cakes. Building two is leased by Riverton Party Store. Building three has 4-5 suites that are currently being leased by Kara's In-Town Grooming (Suite A), South County Publications (Suite C), La Dew Cleaning Concepts (Suite D). Suite B is vacant. All units have separate utilities and paid by the tenants. Landlord pays for snow plow & mowing. Total monthly income $2,948.00.

Last Agent to Sell the Property

JAMI WINCHESTER

The Real Estate Group, Inc. License #475109074 Listed on: 08/08/2017

The Real Estate Group, Inc.

Last Buyer's Agent

Peter Praia

Springfield Real Estate, LLC License #475104303

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,672

Lot Details

  • 1.65

Property Details

Property Type

Other

Est. Annual Taxes

$6,672

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 47
  • Total Sq Ft: 5000

Lot Info

  • Estimated Number of Acres: 1.65
  • Zoning: C-1
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 6672
  • Parcel Id Number Tax Id: 15090428080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Vito Praia
Bought by
Praia Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,481
Outstanding Balance
$198,074
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2017
Closed on
Sep 29, 2017
Sold by
Becker Kathryn A
Bought by
Praia Vito
Seller's Agent
JAMI WINCHESTER
The Real Estate Group, Inc.
Buyer's Agent
Peter Praia
Springfield Real Estate, LLC
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.89%
Mortgage Type
Construction
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
Praia Peter -- New Title Company Name
Praia Vito $156,667 Illinois Real Estate Title Cen
Praia Vito $78,334 Illinois Real Estate Title Cen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Praia Peter $208,481
Previous Owner Praia Vito $231,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $235,000 -6.0% $47 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $249,900 -- $50 / 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 $6,369 $94,783 $19,209 $75,574
2023 $5,939 $87,673 $17,768 $69,905
2022 $5,906 $81,602 $16,538 $65,064
2021 $5,746 $78,193 $15,847 $62,346
2020 $5,615 $77,688 $15,745 $61,943
2019 $5,798 $82,069 $15,970 $66,099
2018 $5,582 $80,547 $15,674 $64,873
2017 $5,457 $78,331 $15,243 $63,088
2016 $6,672 $95,020 $14,775 $80,245
2015 $6,561 $92,387 $14,366 $78,021
2014 $6,412 $90,941 $14,141 $76,800
2013 $6,383 $91,795 $14,274 $77,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA175363

RMLS Alliance

APN: 15-09.0-428-080