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205 West Reid Street

205 West Reid Street, Marion, IL 62959
Property in East Marion
Sold Apr 11, 2023
Transfer
$164,500 by Endeavor Capital,llc
Mortgage Due Apr 01, 2053
Sold Dec 18, 2019
$155,000
Buyer
Seller
$155,000 by Farmers State Bank Of Alto Pas
Mortgage Due Jan 01, 2050
205 West Reid 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 1910 and is 114 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 partial basement that is 714 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 44,646 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. 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 good. 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. Prior to that sales transaction, the property was also sold in Dec 17, 2019 for $155,000. 205 West Reid Street was last assessed in 2023. The total value of the property was assessed at $44,140. Specifically, the land the property is located on was valued at $2,580. While improvements on the property were assessed at a total of $41,560. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,894. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Single (not wood)
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 714
  • Garage Type: Garage
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 44,646
  • Total Building Area: 1,692
  • Gross Building Area: 1,692
  • Building Area: 1,692
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WM REIDS FIRST SURVEY OF OUTLOTS
  • Land Acres: 1.024
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REEDS, WILLIAM 1ST SOL

Ownership

  • Current Owner : HALL JOHN PAUL
  • Previous Owner : HALL JOHN PAUL
  • Owner Before Previous Owner: JERRY PARKER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Marion Community Unit School District 2
  • Census Tract: 020900

Geography

  • Parcel: 07-06-326-005
  • Block: 1
  • Lot: 3
  • Municipality: EAST MARION
  • Latitude: 37.7663
  • Longitude: -88.9236

    Address

  • Full Address: 205 W Reid St
  • Address - House Number: 205
  • Street Direction: W
  • Address - Street Name: Reid
  • Address - Suffix Type: St
  • State: IL
  • City Name: Marion
  • Carrier Code: R001
  • 4-Digit Zip Code: 7118
  • Zip Code: 62959

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,894
  • Tax Rate Code Area: 07008

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 200,343
  • High Value: 246,305
  • Low Value: 154,381

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,500
  • First Open Lien Mortgage Lender: ENDEAVOR CAPITAL,LLC
  • First Open Lien Mortgage Recording Date: Apr 11, 2023
  • First Open Lien Mortgage Loan Amount: $164,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $132,420
  • Market Land Value: $7,740
  • Market Improvement Value: $124,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,140
  • Assessed Land Value: $2,580
  • Assessed Improvements Value: $41,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 11, 2023
  • Current Sale Recording Date: Apr 11, 2023
  • Current Sale Transaction ID: 11905157760
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2466
  • Previous Sale Recording Date: Dec 18, 2019
  • Previous Sale Contract Date: Dec 17, 2019
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENDEAVOR CAPITAL,LLC
  • First Mortgage Transaction Date: Apr 11, 2023
  • First Mortgage Loan Amount: $164,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS STATE BANK OF ALTO PAS
  • Previous Mortgage Transaction Date: Dec 18, 2019
  • Previous Mortgage Loan Amount: $155,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Spillertown



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Frequently Asked Questions

What neighborhood is 205 West Reid Street located in?
The 205 West Reid Street is a located in the neighborhood of East Marion in Spillertown, Marion.
What is the average sales price for listings in 205 West Reid Street?
The average sales price for units in 205 West Reid Street is $0 currently.

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