NOT LISTED FOR SALE

120 Elm St Panama, IL 62077

Estimated Value: $109,000 - $140,024

3 Beds
1 Bath
1,440 Sq Ft
$84/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $88,700 $62 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $810/month

104 Days on Market

Highlights

  • Deck
  • Den
  • 2 Car Detached Garage
  • Backs to Trees or Woods
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of December 2022

Relax at home in this 2/3 bed ranch located on a quite street that offers a private backyard. Very functionable layout including large living room with beautiful coved plaster ceilings overlooking back yard. Master bedroom features huge walk-in closet. Additional bedroom with closet. Office/3rd bedroom. Full separate dining room located between kitchen and living room. Inviting kitchen, nice cabinets and plenty of storage. Spacious backyard with 2 car garage, partial basement under home with High Efficiency furnace. Deck off the kitchen for a nice place to enjoy the outdoors. Garage door installed Oct 2022.

Last Agent to Sell the Property

Mike Mihelcic

RE/MAX Alliance License #475155256 Listed on: 08/26/2022

RE/MAX Alliance

Last Buyer's Agent

Emily Odle

MCR Realty Professionals, Inc License #475.201277

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 1950

Lot Details

  • 1.25 Acre Lot
  • Level Lot
  • Backs to Trees or Woods

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Tilt-In Windows
  • Formal Dining Room
  • Den
  • Partially Carpeted

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Deck

Schools

  • Hillsboro Dist 3 Elementary And Middle School
  • Hillsboro Community High Schoo

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 09-21-27-102-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,031

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Special Areas: Den/Office
  • Special Description: Homestead Senior, Owner Occupied
  • Age: 72
  • Ownership: Private
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Space/Crawl or Other, Partial, Sump Pit/Pump
  • Dining Room: Separate Dining
  • Interior Amenities: Some Carpeting, Some Wood Floors
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 1
  • Misc Features: Deck
  • Total Living Area: 1440.00
  • Windows/Doors: Some Tilt-In Windows
  • Appliances: Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Bathrooms: 1.00
  • Bedrooms: 3.00
  • Room Cnt: 8
  • Square Footage: 1440
  • Total Full Baths: 1

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Garage Size: 24x24
  • Garage Spaces: 2
  • Parking: Detached, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: HILLSBORO DIST 3
  • Elementary School: HILLSBORO DIST 3
  • Middle School: HILLSBORO DIST 3
  • High School: Hillsboro Community High Schoo
  • Elementary School: HILLSBORO DIST 3
  • Junior High School: HILLSBORO DIST 3
  • School District: HILLSBORO DIST 3
  • Senior High School: Hillsboro Community High Schoo

Lot Info

  • Lot Description: Backs to Trees/Woods, Level Lot
  • Lot Dimensions: 1.25 Acres
  • Lot Sq Ft: 54450
  • Acres: 1.2500

Tax Info

  • Taxes Paid: 843
  • Taxes Paid Year: 2022
  • Assessor Parcel Number: 09-21-27-102-040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Dec 9, 2022
Sold by
Spensberger Mark Steven
Bought by
Patterson Cheyenne
Seller's Agent
Mike Mihelcic
RE/MAX Alliance
Buyer's Agent
Emily Odle
MCR Realty Professionals, Inc
List Price
$124,900
Sold Price
$88,700
Premium/Discount to List
-$36,200
-28.98%
Views
91
Current Estimated Value
$121,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,308
Avg. Annual Appreciation
11.56%
Original Mortgage
$84,265
Outstanding Balance
$81,704
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$39,304

Purchase Details

Closed on
Jun 25, 2020
Sold by
Province Michael and Province Laura
Bought by
Spensberger Mark S
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patterson Cheyenne $88,700 --
Spensberger Mark S $54,000 Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Cheyenne $84,265
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $88,700 -15.4% $62 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $104,900 -3.8% $73 / Sq Ft
09/29/2022 09/29/22 Price Changed $109,000 -8.4% $76 / Sq Ft
09/07/2022 09/07/22 Price Changed $119,000 -4.7% $83 / Sq Ft
08/26/2022 08/26/22 For Sale $124,900 -- $87 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,031 $33,747 $916 $32,831
2022 $1,548 $31,900 $866 $31,034
2021 $844 $19,520 $433 $19,087
2020 $860 $19,520 $433 $19,087
2019 $856 $19,520 $433 $19,087
2018 $886 $19,520 $433 $19,087
2016 $791 $19,520 $433 $19,087
2015 $1,291 $19,520 $433 $19,087
2013 $133 $20,434 $1,356 $19,078
2011 $1,279 $20,434 $1,356 $19,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22055575

MARIS MLS

APN: 09-21-27-102-040