3 months on rocket

1506 Jones St, Mount Vernon, IL, 62864

$4,900

Home List Price

$58*

Closing Credit

2 Bedrooms
1 Full Bath
800 SqFt
$6/SqFt
House

Location

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1506 Jones St, Mount Vernon$4,900

Buyer Closing Credits

$58*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1960
HeatingOther
MLS #CA1030543
StatusActive

About 1506 Jones St

Investor Special! This 2-bedroom property offers a fantastic opportunity for a cash buyer looking for a quick and profitable turnaround. Situated on a quiet street with a large yard, this home has been deeply discounted for a fast sale. Recently foreclosed with a clean title, this REO property is being sold strictly "as is". While there are no interior showings or additional photos available, the property has tremendous potential for the right investor willing to handle a possible eviction of the prior owner. With no contingencies allowed, this cash-only deal presents a unique chance to acquire a property at a firm, rock-bottom price in a fast-moving market. Don't miss out on this opportunity to add a valuable asset to your portfolio!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1960
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: USRealty.com, LLP
  • Listing Agent: Derek Morgan

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Other

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: Veterans Memorial Dr to S 17th St to Jones St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,900
  • Price Per SqFt: $6/SqFt

Tax Information:

  • Annual Amount: $389
  • 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

$135K

Med. Price/SqFt

$89

Avg. Days On Market

60

# of Sold Homes

19

1506 Jones St vs Mount Vernon

110 DAYS ON ROCKET

+50 Days

$4,900

-$130.1K Less

$6/SqFt

-$84 Less

KEY TAKEAWAY

This property is $130.1K less than the Median Sold Price and $84/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: #CA1030543

Listing Office:

  • Office Name: USRealty.com, LLP
  • Listing Agent: Derek Morgan

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: 11/5/2024, 8:20:53 PM 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$389$3,726
2019$383$3,726
2018 - $4,147
2017 - $4,147

History based on county public records data.

Payment Calculator

$92

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$81

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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-2078714
2
/10

  • Zadok Casey Middle School

  • 1829 Broadway St

  • 0.87 miles

  • Public District Grades 6-8

school-card-donut-2078715
2
/10

  • J L Buford Intermediate Education Center

  • 623 S 34th St

  • 1.36 miles

  • Public District Grades 4-5

High School

school-card-donut-2078716
4
/10

  • Mount Vernon High School

  • 320 S 7th St

  • 1.08 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 $31,250. Most Mount Vernon, IL residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1506 Jones St

What is the listing price of this property?

The listing price of 1506 Jones St property is $4,900.

What type of property is this?

The property 1506 Jones St is a house located in Mount Vernon, Illinois, 62864.

Is this property for sale now?

Active Listing: 1506 Jones St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1506 Jones St are:
Zadok Casey Middle School: GreatSchools Rating 2/10
J L Buford Intermediate Education Center: GreatSchools Rating 2/10
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 $389 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1506 Jones St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1506 Jones St is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1506 Jones St is 1960.

Rocket Homes›Illinois›Jefferson County›Mount Vernon›62864›1506 Jones St

This home is located at 1506 Jones St in Mount Vernon, IL and zip code 62864. This 800 square foot home was built in 1960. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $4,900.

In October 2024 more than 2 listings in Mount Vernon, IL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 15 were sold below. The inventory of homes for sale in Mount Vernon, IL between September 2024 and October 2024 decreased by 7.5%. While the average time on the market in October 2024 was 60 days, the median list price was $135,000.

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

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