NOT LISTED FOR SALE

916 E College St Marion, IL 62959

Estimated Value: $169,000 - $203,000

-- Bed
-- Bath
1,840 Sq Ft
$103/Sq Ft Est. Value

Last Sold October 09, 2023

Last sale price $140,000 $76 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,325/month

7 Days on Market

Highlights

  • Corner Lot
  • Washington Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of October 2023

These 3 Bedroom 1 Bath units are fully occupied and the owner has no problem keeping them rented. One of the tenants has been there for years with no rental increase. Ceramic flooring except the master bedroom has carpet. Small Deck off the side plus covered patio in front. Located in walking distance of a grocery store and downtown Marion.

Last Agent to Sell the Property

Wanda Cain

COLDWELL BANKER J D THOMPSON Brokerage Phone: 618-997-1868 License #475133121 Listed on: 08/25/2023

COLDWELL BANKER J D THOMPSON

Co-Listed By

Shelly Cain

COLDWELL BANKER J D THOMPSON Brokerage Phone: 618-997-1868 License #475162651

Last Buyer's Agent

Tammy Kissing

TKF Realty License #471.022246

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 85x85
  • Corner Lot

Home Design

  • 1,840 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • Parking Pad

Schools

  • Marion High School

Utilities

  • Forced Air Heating System

Community Details

  • Trash Expense $360

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 07-18-469-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,219

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 2014
  • New Construction: No
  • Structure Type: Duplex
  • Age55PlusDevelopment: No
  • Attribution Contact: Phone: 618-997-1868
  • Special Features: None

Interior Features

  • Basement: None

Exterior Features

  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 4

Utilities

  • Heating: Electric, Forced Air, Central Air
  • Laundry Features: Private
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2

Condo/Co-op/Association

  • LawnSnowRemoval: 600

Fee Information

  • Trash Expense: 360
  • AdvertisingExpense: 0

Schools

  • High School: Marion

Lot Info

  • Lot Size: 85x85
  • Parcel #: 07-18-469-003

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3219
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Oct 10, 2023
Sold by
Chapman Dennis W
Bought by
Midwest Estates Llc
Seller's Agent
Wanda Cain
COLDWELL BANKER J D THOMPSON
Buyer's Agent
Tammy Kissing
TKF Realty
List Price
$162,500
Sold Price
$140,000
Premium/Discount to List
-$22,500
-13.85%
Views
9
Current Estimated Value
$188,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,989
Avg. Annual Appreciation
14.27%
Original Mortgage
$112,000
Outstanding Balance
$94,501
Interest Rate
8.5%
Mortgage Type
New Conventional
Estimated Equity
$94,488
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Midwest Estates Llc $140,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midwest Estates Llc $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2023 10/09/23 Sold $140,000 -13.8% $76 / Sq Ft
08/25/2023 08/25/23 For Sale $162,500 -- $88 / 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
2025 $4,053 $52,290 $4,050 $48,240
2024 $4,053 $52,290 $4,050 $48,240
2023 $4,053 $52,290 $4,050 $48,240
2022 $3,220 $46,070 $3,570 $42,500
2021 $3,139 $44,400 $3,440 $40,960
2020 $3,139 $41,950 $3,250 $38,700
2019 $3,184 $41,950 $3,250 $38,700
2018 $3,184 $41,950 $3,250 $38,700
2017 $3,128 $41,950 $3,250 $38,700
2015 $3,031 $39,740 $3,080 $36,660
2013 $139 $2,150 $2,150 $0
2012 $139 $2,150 $2,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB450352

RMLS Alliance

APN: 07-18-469-003