NOT LISTED FOR SALE

721 E 5th St Metropolis, IL 62960

Estimated Value: $117,242

-- Bed
-- Bath
-- Sq Ft
0.33 Acres

Last Sold December 19, 2012

Last sale price $68,500

Est. 71% increase in value since last sale

Current estimated payment $815/month

46 Days on Market

About This Home

As of December 2012

4800 sq ft commercial building has many uses. Sits on the main road through Metropolis. Large overhead garage doors. Could be used for any number of businesses. Priced to sellDisclosure: None

Last Listed By

JOSHUA REAGOR

Kaufman Real Estate Appraisals License #471013443 Listed on: 09/21/2012

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,105

Year Built

  • Built in 1977

Lot Details

  • 0.33

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$3,105

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: RE Only
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Tile/Vinyl
  • Half Basement: No Basement
  • Total Sq Ft: 5800

Exterior Features

  • Exterior Finish: Steel, Block
  • Roof Construction: Metal
  • Construction: Block
  • Foundation: Slab

Garage/Parking

  • Numberparking Spaces Allocated: 15

Utilities

  • Electric Company: City of Metropolis
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: Liberty
  • Water Company: City of Metropolis
  • Electric: 200 Amp Box

Association/Amenities

  • Additional Amenities: Emergency Lights, Overhead Doors

Lot Info

  • Estimated Number of Acres: 0.33
  • Zoning: Commercial
  • Estimated Land Size: 80X130X60X145
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Sale/Lease Other

Tax Info

  • Annual Taxes: 3105
  • Parcel Id Number Tax Id: 08-12-301-016
  • Tax Incentive: None
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2018
Sold by
T Reed Properties Inc
Bought by
Hannan Geoffrey
Total Days on Market
46
Current Estimated Value
$117,242

Purchase Details

Listed on
Sep 21, 2012
Closed on
Dec 19, 2012
Sold by
Grentzer Rodney
Bought by
T Reed Properties Inc
Seller's Agent
JOSHUA REAGOR
Kaufman Real Estate Appraisals
Buyer's Agent
JOSHUA REAGOR
Kaufman Real Estate Appraisals
List Price
$97,500
Sold Price
$68,500
Premium/Discount to List
-$29,000
-29.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$58,789
Interest Rate
5.25%
Mortgage Type
Commercial

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
Hannan Geoffrey -- --
T Reed Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner T Reed Properties Inc $58,789
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2012 12/19/12 Sold $68,500 -29.7% --
11/06/2012 11/06/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $97,500 -- --
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
2023 $1,980 $21,665 $5,165 $16,500
2022 $1,944 $21,665 $5,165 $16,500
2021 $1,928 $21,665 $5,165 $16,500
2020 $2,100 $21,665 $5,165 $16,500
2019 $1,862 $21,258 $5,068 $16,190
2018 $1,846 $21,665 $5,165 $16,500
2017 $1,911 $21,665 $5,165 $16,500
2016 $1,763 $21,169 $5,047 $16,122
2015 $2,086 $21,665 $5,165 $16,500
2014 $2,086 $21,665 $5,165 $16,500
2013 $2,026 $25,815 $5,165 $20,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB313821

RMLS Alliance

APN: 08-12-301-016