NOT LISTED FOR SALE

910 E Thompson St Marion, IL 62959

Estimated Value: $717,000

0.59 Acre
$1,215,254 Price per Acre
25,700 Sq Ft Lot

Last Sold June 30, 2017

Last sale price $60,000

Est. 1,095% increase in value since last sale

Current estimated payment $5,362/month

206 Days on Market

About This Lot

As of June 2017

Attention investors.. You can put 9 multifamily units in this absolutely wonderful location. If you look at the value per lot, 9 units equates to a little over $8,000 per lot... that price per unit will be hard to beat to find a location as good as this. Corner of Fair Street and Thompson, near Morningside Subdivision.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $382

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 150 x 173
  • Property is zoned Comme

Schools

  • Marion Elementary School
  • Marion High School

Utilities

  • Electricity To Lot Line

Community Details

  • Griggs & Bracy Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$382

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Subdivision Name: Griggs & Bracy
  • Legal Description: Lot 1, Block 2 Plat 042 Griggs + Bracy 1st SOL (lots 1-2) plus Lot 3, Block 2 Plat 042 Griggs & Brac
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Type: Paved

Utilities

  • Utilities: Electric to Site, Natural Gas Available

Schools

  • Elementary School: MARION
  • High School: MARION

Lot Info

  • Lot Size Acres: 0.59
  • Lot Dimensions: 150 x 173
  • Zoning: Comme

Rental Info

  • Board Number: 29

Tax Info

  • Tax Annual Amount: 382.4
  • Tax Year: 2016
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2019
Sold by
Cox Leonard M and Cox Julie A
Bought by
Cox Dustin
Current Estimated Value
$717,000

Purchase Details

Listed on
Oct 29, 2016
Closed on
Jun 30, 2017
Sold by
Barnett Rentals And Real Estate Developm
Bought by
Castellano Properties Llc
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.44%
Original Mortgage
$545,600
Interest Rate
4.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Cox Dustin -- Green Stephen R
Castellano Properties Llc $60,000 Patchett Hampson & Garrison La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castellano Properties Llc $545,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $60,000 -20.0% --
05/23/2017 05/23/17 Pending -- -- --
10/29/2016 10/29/16 For Sale $75,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $19,574 $252,540 $9,050 $243,490
2024 $19,574 $252,540 $9,050 $243,490
2023 $19,574 $252,540 $9,050 $243,490
2022 $15,552 $222,500 $7,970 $214,530
2021 $15,165 $214,460 $7,680 $206,780
2020 $15,165 $202,630 $7,260 $195,370
2019 $5,494 $202,630 $7,260 $195,370
2018 $5,494 $72,380 $7,260 $65,120
2017 $541 $1,820 $1,820 $0
2015 -- $3,440 $3,440 $0
2013 -- $3,440 $3,440 $0
2012 -- $3,440 $3,440 $0
Source: Public Records

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB409711

Midwest Real Estate Data (MRED)

APN: 07-18-205-001