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Backup Offers

316 N 16th St, Mount Vernon, IL, 62864

$48,000

Home List Price

$570*

Closing Credit

5 Bedrooms
2 Full Baths
2,350 SqFt
$20/SqFt
House
Schools Nearby

Location

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316 N 16th St, Mount Vernon$48,000

Buyer Closing Credits

$570*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved
Year Built1950
HeatingNatural Gas, Forced Air
BasementYes
MLS #EB452423
StatusAccepting Backup Offers
(Pending Continue to Show)

About 316 N 16th St

Great potential Rental, needs some work Will not qualify for FHA/VA/USDA Financing

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1950
  • Living Area: 2,350 SqFt

Listing Office:

  • Office Name: Buy Home Realty
  • Office Phone: (618) 242-8383
  • Listing Agent: QUANTRELLE RUDD

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Mount Vernon High School, Public District Grades 9-12
  • Zadok Casey Middle School, Public District Grades 6-8
  • J L Buford Intermediate Education Center, Public District Grades 4-5

Other

Directions Information:

  • Directions: Broadway to N 16th. Home on the East side of Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $48,000
  • Price Per SqFt: $20/SqFt

Tax Information:

  • Annual Amount: $1,903
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mount Vernon, IL.

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Mount Vernon, IL

City

Med. Sold Price

$140K

Med. Price/SqFt

$87

Avg. Days On Market

29

# of Sold Homes

10

316 N 16th St vs Mount Vernon

58 DAYS ON ROCKET

+29 Days

$48,000

-$92K Less

$20/SqFt

-$67 Less

KEY TAKEAWAY

This property is $92K less than the Median Sold Price and $67/SqFt less than other homes in Mount Vernon, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB452423

Listing Office:

  • Office Name: Buy Home Realty
  • Office Phone: (618) 242-8383
  • Listing Agent: QUANTRELLE RUDD

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 9:20:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,903$18,248
2019$1,877$18,248
2018$1,771$18,248
2017$1,771$18,248

History based on county public records data.

Payment Calculator

$307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$210

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-3023660
2
/10

  • Zadok Casey Middle School

  • 1829 Broadway St

  • 0.34 miles

  • Public District Grades 6-8

school-card-donut-3023661
3
/10

  • J L Buford Intermediate Education Center

  • 623 S 34th St

  • 1.43 miles

  • Public District Grades 4-5

High School

school-card-donut-3023662
4
/10

  • Mount Vernon High School

  • 320 S 7th St

  • 0.66 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,545. Residents of Mount Vernon, IL typically earn between $35k-100k each year. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 N 16th St

What is the listing price of this property?

The listing price of 316 N 16th St property is $48,000.

What type of property is this?

The property 316 N 16th St is a house located in Mount Vernon, Illinois, 62864.

Is this property for sale now?

Accepting Backup Offers: 316 N 16th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 316 N 16th St are:
Zadok Casey Middle School: GreatSchools Rating 2/10
J L Buford Intermediate Education Center: GreatSchools Rating 3/10
Mount Vernon High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,903 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 316 N 16th St has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 316 N 16th St is 2,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 316 N 16th St is 1950.

Rocket Homes›Illinois›Jefferson County›Mount Vernon›62864›316 N 16th St

This home is located at 316 N 16th St in Mount Vernon, IL and zip code 62864. This 2,350 square foot home was built in 1950. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $48,000.

In March 2024 more than 3 listings in Mount Vernon, IL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below. The number of listings in Mount Vernon, IL increased by 33.3% between February 2024 and March 2024. In March 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $140,000.

From Rocket Homes Real Estate and based on county public records data.

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