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Marion 62801
1247 State Route 161 E Street
$138,000
● House - Off Market

1247 State Route 161 E Street

Centralia, IL 62801
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,166 Ft²
$173,249
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Wanna get away but still be close to town!  Look no further this manufactured home with metal roof sits on 2.33 acres just outside of Centralia.  This 3 bedroom 2 full bath with kitchen, dining room, family room has a covered back deck, covered front porch and lot and lots of room!  Included is a walk-in master closet, his and her sinks, sitting area and shower. The drive is partially rock and partially asphalt!  Included is a 30 x 40 pole building with loft, concrete, power, man door, garage door and slider!  Owner is throwing in a whole home warranty to ease your mind as well!!  You don't want to miss this one!!
Unit Size
2,166 Ft²
Days on Market
-
Land Size
2.33 acres
Price per sqft
$69
Property Type
House
Property Taxes
$33
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 101,495
  • Lot Size Depth Feet: 6,161
  • Lot Size Frontage Feet: 1,650
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002330
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: PT SW SW NW 165FT X 616.08FT

Neighborhood

  • School District Name: Centralia High School District 200
  • Census Tract: 952300

Geography

  • District: 14
  • Parcel: 1415100004
  • Municipality: CENTRALIA TOWNSHIP
  • Latitude: 38.526
  • Longitude: -89.0863

    Address

  • Full Address: 1247 State Route 161
  • Address - House Number: 1247
  • Address - Street Name: State Route 161
  • State: IL
  • City Name: Centralia
  • Carrier Code: R001
  • 4-Digit Zip Code: 6739
  • Zip Code: 62801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $105,126
  • Tax Rate Code Area: 14009

    Appraisal Valuation

  • Standard Deviation: 0.1221
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 75
  • Final Value: 33,000
  • High Value: 37,031
  • Low Value: 28,968

    Market Valuation

  • Market Total Value: $59,520
  • Market Land Value: $15,540
  • Market Improvement Value: $43,980

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,840
  • Assessed Land Value: $5,180
  • Assessed Improvements Value: $14,660

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2022
  • Current Sale Recording Date: Oct 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4648
  • Previous Sale Recording Date: Jul 06, 2021
  • Previous Sale Contract Date: Jul 01, 2021
  • Previous Sale Amount: $28,000
  • Previous Sale Document Type: 4
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marion

Stats & Trends

Median Asking:

$141,500

Sale Price/ft²

$93

Below Asking

0.03%

Average Days on Market

60

Average Home Size

1927 ft²

Average Home Age

65.6 years

Currently For Sale

88 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: JAMES SWARTZLANDER, MIDWEST FARM & LAND
Data Source: MRED, MLS# MRDEB439556
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1247 State Rte 161 built and last sold?
The property at 1247 State Rte 161 was built in and last sold on Sep 29, 2022 for $194,000.
How much is this home worth?
The estimated value of the home located at 1247 State Rte 161 is $0.
What are some comparable homes to 1247 State Rte 161?
There are currently no comparable homes to 1247 State Rte 161.
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