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Marion 62801
960 Race Track Road
$186,000
● House - Off Market

960 Race Track Road

Centralia, IL 62801
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,406 Ft²
$217,329
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Beautiful 4 bed 2 bath home overlooking 5 acres. This home offers large rooms with a lot  of storage space. Wild life right out your back door! There is also a food plot already on site! This property also offers a detached garage in back for extra storage. Enjoy the country life on your concrete covered patio! There is a paved drive and a pool that is only a year old as well!
Unit Size
3,406 Ft²
Days on Market
-
Land Size
-
Price per sqft
$56
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 0
  • 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: 217,800
  • Lot Size Frontage Feet: 0
  • 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: 0000005000
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: PT N1/2 NW SW

Neighborhood

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

Geography

  • District: 15
  • Parcel: 1519300015
  • Municipality: RACCOON TOWNSHIP
  • Latitude: 38.5074
  • Longitude: -89.0333

    Address

  • Full Address: 960 Race Track Rd
  • Address - House Number: 960
  • Address - Street Name: Race Track
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Centralia
  • Carrier Code: R002
  • 4-Digit Zip Code: 6810
  • Zip Code: 62801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $383,658
  • Tax Rate Code Area: 15002

    Appraisal Valuation

  • Standard Deviation: 0.1221
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 75
  • Final Value: 235,632
  • High Value: 264,416
  • Low Value: 206,847

    Market Valuation

  • Market Total Value: $181,200
  • Market Land Value: $31,530
  • Market Improvement Value: $149,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,400
  • Assessed Land Value: $10,510
  • Assessed Improvements Value: $49,890

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R03948
  • Previous Sale Recording Date: Jul 31, 2019
  • Previous Sale Contract Date: Jul 30, 2019
  • Previous Sale Amount: $177,500
  • Previous Sale Document Type: 71
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# MRDEB438869
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 960 Race Track Road built and last sold?
The property at 960 Race Track Road was built in and last sold on Jul 29, 2021 for $186,000.
How much is this home worth?
The estimated value of the home located at 960 Race Track Road is $0.
What are some comparable homes to 960 Race Track Road?
There are currently no comparable homes to 960 Race Track Road.
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