NOT LISTED FOR SALE

1227 Polk St Danville, IL 61832

Estimated Value: $90,000 - $121,000

5 Beds
2 Baths
1,700 Sq Ft
$63/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $87,000 $51 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $681/month

28 Days on Market

Highlights

  • 2.5 Acre Lot
  • 3 Car Detached Garage
  • Senior Tax Exemptions
  • Farmhouse Style Home
  • Living Room

About This Home

As of December 2022

Are you searching for a home with potential in the Danville area? If so, you're in luck. As you enter this home, you will find 1,700 sq ft, 5 bedrooms, and 2 bathrooms. Located on a 2.5 acre lot, this is a place that you can make your own with plenty of space. Give us a call today to schedule a showing!

Last Agent to Sell the Property

Steve Littlefield

KELLER WILLIAMS-TREC License #475138856 Listed on: 10/12/2022

KELLER WILLIAMS-TREC

Co-Listed By

Stephanie Lober

KELLER WILLIAMS-TREC License #none00741

Last Buyer's Agent

Hayley Siefert

KELLER WILLIAMS-TREC License #475173306

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $138

Year Renovated

  • 1980

Lot Details

  • 2.5 Acre Lot

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Danville Elementary School
  • Danville Junior High School
  • Danville High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$138

Year Renovated

1980

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1980
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1980

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • LivingArea: 1700
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 1700
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1700
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stucco

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Window/Wall Unit - 1, Window/Wall Units - 2
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Danville Elementary School
  • High School: Danville High School
  • Middle/Junior School: Danville Junior High School

Lot Info

  • Lot Size Acres: 2.5
  • Lot Dimensions: 2.5
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: Y

Rental Info

  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 137.66
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Dec 9, 2022
Sold by
Rouse Gerald L
Bought by
Bruce Sean
Seller's Agent
Steve Littlefield
KELLER WILLIAMS-TREC
Buyer's Agent
Hayley Siefert
KELLER WILLIAMS-TREC
List Price
$120,000
Sold Price
$87,000
Premium/Discount to List
-$33,000
-27.5%
Views
24
Current Estimated Value
$106,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,297
Avg. Annual Appreciation
7.08%
Original Mortgage
$69,600
Outstanding Balance
$67,579
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$38,718
Source: Public Records

Range of Values:

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Average Value
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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
Bruce Sean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce Sean $69,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $87,000 -13.0% $51 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $100,000 -16.7% $59 / Sq Ft
10/12/2022 10/12/22 For Sale $120,000 -- $71 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2024 $1,462 $25,139 $3,940 $21,199
2023 $1,462 $21,590 $3,384 $18,206
2022 $134 $19,116 $2,996 $16,120
2021 $138 $17,700 $2,774 $14,926
2020 $139 $17,101 $2,680 $14,421
2019 $142 $17,101 $2,680 $14,421
2018 $138 $17,016 $2,667 $14,349
2015 $206 $15,113 $2,369 $12,744
2014 $206 $15,113 $2,369 $12,744
2013 $206 $15,113 $2,369 $12,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11650913

Midwest Real Estate Data (MRED)

APN: 22-01-300-018