Check Availability

416 Sherry Road

416 Sherry Road, Marion, IL 62959
Property in West Marion
Sold Aug 30, 2021
$60,000
Sold Jul 21, 2017
$53,000
$51,410 by Banterra Bank
Mortgage Due Aug 01, 2047
416 Sherry Road 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 1950 and is 74 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 672 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 16,817 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 252 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 materials we are unsure of. In terms of heating, it is utilizing a gas heating system. 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, 416 Sherry Road sold most recently in Aug 30, 2021 for a total of $60,000. If you work out the math, that's approximately a cost of $73.89 per sqft. Before that, the property was also sold for $53,000 in Jul 21, 2017. 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 $983 in taxes each year. The initial year of tax delinquency occurred in 2022. 416 Sherry Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,270. If we break it down further, the land itself was valued at $5,070. Improvements to the property, however, were assessed at a total of $14,200. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Other
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 672
  • Garage Type: Garage
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,817
  • Total Building Area: 812
  • Gross Building Area: 812
  • Building Area: 812
  • Building Area Measurement: Total Area

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAINBRIDGE SQUARE 2ND AD
  • Land Acres: 0.386
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAINBRIDGE SQ 2ND AD 23 9 2

Ownership

  • Current Owner : JANES SCARLETT
  • Previous Owner : MIRANDA HORN
  • Owner Before Previous Owner: BLUS
  • Owner Before Previous Owner 2: BLUS JILL R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion Community Unit School District 2
  • Census Tract: 021200

Geography

  • Parcel: 06-23-278-019
  • Block: 3
  • Lot: 19
  • Municipality: WEST MARION
  • Latitude: 37.7241
  • Longitude: -88.948

    Address

  • Full Address: 416 Sherry Rd
  • Address - House Number: 416
  • Address - Street Name: Sherry
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Marion
  • Carrier Code: C007
  • 4-Digit Zip Code: 1344
  • Zip Code: 62959

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $983
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 06975

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 54,704
  • High Value: 79,767
  • Low Value: 29,640

    Market Valuation

  • Market Total Value: $57,810
  • Market Land Value: $15,210
  • Market Improvement Value: $42,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,270
  • Assessed Land Value: $5,070
  • Assessed Improvements Value: $14,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Transaction ID: 11855846927
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8029
  • Previous Sale Recording Date: Jul 21, 2017
  • Previous Sale Contract Date: Jul 21, 2017
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANTERRA BANK
  • Previous Mortgage Transaction Date: Jul 21, 2017
  • Previous Mortgage Loan Amount: $51,410
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Marion



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 416 Sherry Road located in?
The 416 Sherry Road is a located in the neighborhood of West Marion in Marion, Marion.
What is the average sales price for listings in 416 Sherry Road?
The average sales price for units in 416 Sherry Road is $0 currently.

Quantcast