1110 West Cherry Street

1110 West Cherry Street has been categorized by the local assessors in Marion, IL as a residential type of property. The building on the property was first built in 1930 and is 94 years old. This is a single story building so stairs are not necessary to access other parts of the home. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,312 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,699 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 384 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of shingles that aren't wood. In terms of heating, it is utilizing electric heaters. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1110 West Cherry Street sold most recently in Aug 9, 2021 for a total of $119,000. If you work out the math, that's approximately a cost of $106.92 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,302 in taxes each year. 1110 West Cherry Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $42,090. If we break it down further, the land itself was valued at $4,200. Improvements to the property, however, were assessed at a total of $37,890. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.