NOT LISTED FOR SALE

12374 E 550th Ave Watson, IL 62473

Estimated Value: $241,580

3 Beds
1.5 Baths
2,029 Sq Ft
$119/Sq Ft Est. Value

Last Sold January 09, 2019

Last sale price $129,000 $64 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,533/month

218 Days on Market

Highlights

  • Fruit Trees
  • 2 Car Detached Garage
  • Water Softener
  • Workshop
  • Forced Air Heating and Cooling System
  • Replacement Windows

About This Home

As of January 2019

**HUGE PRICE REDUCTION! BRING AN OFFER!** Country Living! This property is located just south of Watson and close to Interstate 57 access, HERE you will find this nice home on 2 acres with Outbuildings! This home features 2-3 bedrooms (depending on setup, 2nd bedroom is currently a laundry room), 1.5 baths, a second floor with a very large bedroom and 3 closets, and a basement with laundry hookups also. A wood stove for heating is in the basement but not hooked up, it has a newer stainless steel chimney liner. A very large family room was added on in 2013. Property has EJ Water and home has Norris Electric, aeration septic, 80 gallon water heater, 2016 new furnace and ac, and new roof 2013. The glass corner cabinets in dining and living rooms remain, along with all kitchen appliances and washer and dryer. Kitchen was remodeled with Mette's Cabinets. Verizon and ATT have service at this property. Bring the horses, bring the chickens, goats will be fine too, there is room for a garden also. Don't miss the 60x40 machine shed with 40x24 addition that have concrete floors and overhead doors, contains an office space, and 3/4 bath. This shed has its own septic system, 3 phase electric, and lots of storage. Bring your toys or business. So Many Options, YOU Just have to See It! **Motivated Seller**

Last Agent to Sell the Property

Brian Henning

Full Circle Realty License #471019637 Listed on: 04/14/2018

Last Buyer's Agent

Brian Henning

Full Circle Realty License #471019637 Listed on: 04/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 1938

Lot Details

  • 2.01 Acre Lot
  • Lot Dimensions are 418 x 209
  • Fruit Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,029 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Workshop
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Basement Cellar

Outdoor Features

  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1309006018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,172

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 2029.0
  • Directions: Rt 37 South of Watson, East on 550th Ave. First house on the Left. OR Interstate 57 south to Watson/Mason Exit, then North on Rt 37, right on 550th Ave.
  • Lot Size Acres: 2.01
  • Lot Size: 418 x 209
  • Property Sub Type: Other
  • Prop. Type: Residential
  • Road Surface Type: Concrete, Other
  • Year Built: 1938
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Softener
  • Has Basement: Unfinished, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Main Level Master
  • Fireplace: No
  • Stories: 1
  • Window Features: Replacement Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Fruit Trees, Workshop
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Cellar
  • Other Structures: Outbuilding

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 87362.0
  • Parcel #: 1309006018
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2172.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2018
Closed on
Jan 9, 2019
Sold by
Bergfeld Kenneth J and Bergfeld Pamela S
Bought by
Gobin Jack R
Seller's Agent
Brian Henning
Full Circle Realty
Buyer's Agent
Brian Henning
Full Circle Realty
List Price
$199,900
Sold Price
$129,000
Premium/Discount to List
-$70,900
-35.47%
Current Estimated Value
$241,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,580
Avg. Annual Appreciation
10.43%
Original Mortgage
$126,663
Outstanding Balance
$113,539
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$135,939
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
Gobin Jack R $129,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gobin Jack R $126,663
Closed Gobin Jack R $5,160
Previous Owner Bergfeld Kenneth J $79,000
Previous Owner Bergfeld Kenneth J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Sold $129,000 -35.5% $64 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $199,900 -- $99 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $2,623 $51,420 $3,800 $47,620
2022 $2,419 $46,740 $3,450 $43,290
2021 $2,443 $47,210 $3,480 $43,730
2020 $2,362 $45,660 $3,370 $42,290
2019 $2,275 $44,330 $3,270 $41,060
2018 $2,203 $42,620 $3,140 $39,480
2017 $2,172 $41,380 $3,050 $38,330
2016 $2,104 $39,790 $2,930 $36,860
2015 -- $39,010 $2,870 $36,140
2014 -- $37,880 $2,790 $35,090
2013 -- $26,970 $2,780 $24,190
2012 -- $26,700 $2,750 $23,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6181524

APN: 1309006018