O ) Property sale / Diederich Properties, Inc. from Illinois Centre Group, LLC.
( given nearly a 30% discount after a sale ) Documents
-
In September of 2010, Diederich Properties, Inc. purchased 2.24 acres of vacant land from Illinois Centre Group, LLC. in Marion, Illinois. This was a newly created tax parcel, as it was split from a larger tract. This prime commercial property is located on Williamson County Parkway near the Illinois Centre Mall and the Kokopelli Golf Course in Marion, Illinois.
-
P-TAX records confirm that the purchase price was $ 200,000.00. ( see documents referred to as Exhibit O )
-
The Williamson County Tax Assessor created a new tax PIN# for this parcel.
-
However the Williamson County tax Assessor did not assess this parcel to reflect its actual purchase price as the obvious fair cash value for the following tax years of 2011/2012, 2012/2013 or 2013/2014.
-
Instead, the Williamson County Tax Assessor gave this developer’s parcel a nearly 30 % discount with a total fair cash value assessment of only $ 144,180.00.
-
The rough estimate of tax monies the county taxpayers have been defrauded of on this transaction to date is approximately $ 3,900.00.
Recent Comments