NOT LISTED FOR SALE

712 Main St Mount Vernon, IL 62864

Estimated Value: $154,153

6 Beds
-- Bath
4,486 Sq Ft
$34/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $90,000 $20 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,171/month

330 Days on Market

About This Home

As of August 2016

Investors must consider this well-maintained, conveniently located and mixed function building that is a combination of residential rentals and office space. There are 3 rental apartments in this building that have been issued the city's occupancy permit and are ready to generate more income to help your investment cash flow. A 2-Bedroom/1-Bath unit is located above the office and comes with a washer and dryer. Rent is $550/mo. The second unit 1-Bedroom/1-Bath, is located along the back is partially below-grade, has a large living space and a dishwasher. Rent is $450/month. Last is a 3 Bedroom/1 Bath unit on the second floor at the back of the bldg. that packs a lot of storage space, has new cabinets, new walk-in tile shower and vinyl windows. Rent is $550/month. Disclosure: Residential units have current occupancy permits. Utilities (power and water) are calculated based on square footage occupied. Personal Property Incl: Appliances present in units. Water Company: Mt. Vernon

Last Agent to Sell the Property

Brian Wood

Cross Davidson Real Estate License #471017028 Listed on: 08/10/2015

Last Buyer's Agent

Brian Wood

Cross Davidson Real Estate License #471017028 Listed on: 08/10/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,339

Year Built

  • Built in 1900

Lot Details

  • 0.25

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Mt Vernon Elementary School
  • Mt Vernon High School

Utilities

  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,339

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building | Other Style
  • Legal Description: FLY, JJ SUB BLK 7 LOT 5 712 MAIN
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full, Walk-Out, Block, Unfinished
  • Price Per Sq Ft: 20.06
  • Total Sq Ft: 4486

Exterior Features

  • Exterior: Aluminum Siding, Brick, Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Garage Parking: Attached, Carport
  • Number Parking Spaces: 9

Utilities

  • Heating Cooling: Gas, Hot Water, Whole House Fan, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Mt Vernon
  • High School: Mt Vernon
  • Elementary School: Mt Vernon
  • High School: Mt Vernon

Lot Info

  • Estimated Lot Size: 50' x 214' x 50' x 214'
  • Estimated Number of Acres: 0.25
  • Zoning: Commercial
  • Subdivision: JJ Fly
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 3339
  • Parcel Id Number Tax Id: 0729335021
  • Tax Year: 2014

Multi Family

  • Total Number Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Aug 10, 2016
Sold by
Williams Marsha
Bought by
Smith Samuel A and Smith Steve E
Seller's Agent
Brian Wood
Cross Davidson Real Estate
Buyer's Agent
Brian Wood
Cross Davidson Real Estate
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%
Current Estimated Value
$154,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,153
Avg. Annual Appreciation
5.86%
Original Mortgage
$50,000
Outstanding Balance
$40,033
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$110,682
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
Smith Samuel A $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Samuel A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Sold $90,000 -28.0% $20 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
08/10/2015 08/10/15 For Sale $125,000 -- $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 $3,998 $49,500 $11,452 $38,048
2023 $3,998 $45,698 $10,572 $35,126
2022 $3,877 $40,086 $9,274 $30,812
2021 $3,711 $38,177 $8,832 $29,345
2020 $3,721 $35,679 $8,254 $27,425
2019 $3,671 $35,679 $8,254 $27,425
2018 $3,627 $35,679 $8,254 $27,425
2017 $3,550 $35,679 $8,254 $27,425
2016 $3,463 $35,679 $8,254 $27,425
2015 $3,389 $35,679 $8,254 $27,425
2014 $2,791 $35,679 $8,254 $27,425
2013 $2,791 $33,660 $7,787 $25,873
Source: Public Records

Agents Affiliated with this Home

  • Brian Wood

    Seller's Agent in 2016

    Brian Wood

    Cross Davidson Real Estate

    (618) 201-9509

    158 Total Sales

    Brian Wood
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Map

Source: RMLS Alliance

MLS Number: RMAEB400734

RMLS Alliance

APN: 07-29-335-021

Illinois Jefferson County Mount Vernon 62864

712 Main St, Mount Vernon, IL

This home is located at 712 Main St, Mount Vernon, IL 62864 since 10 August 2015 and is currently estimated at $154,153, approximately $34 per square foot. This property was built in 1900. 712 Main St is a home located in Jefferson County with nearby schools including Osborne Primary Center, J.L. Buford Intermediate Education Center, and Zadok Casey Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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