409 Sherry Road

409 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 1945 and is 79 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 800 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 7,905 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 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. The property was last sold in Oct 21, 2021 for $78,000. That's $97.50 per sqft. Prior to that sales transaction, the property was also sold in Jul 2, 2019 for $68,500. 409 Sherry Road was last assessed in 2023. The total value of the property was assessed at $19,900. Specifically, the land the property is located on was valued at $4,000. While improvements on the property were assessed at a total of $15,900. 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 $1,474. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.