NOT LISTED FOR SALE

Estimated Value: $207,000 - $219,864

3 Beds
2.5 Baths
1,678 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $173,000 $103 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,472/month

8 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Living Room
  • Ranch Style House
  • 1 Car Attached Garage
  • Central Air

About This Home

As of March 2023

This home is located at 1502 Searle Dr, Normal, IL 61761 since 07 February 2023 and is currently estimated at $213,966, approximately $127 per square foot. This property was built in 1961. 1502 Searle Dr is a home located in McLean County with nearby schools including Oakdale Elementary School, Kingsley Junior High School, and Normal Community West High School.

Last Agent to Sell the Property

Brandon Holtz

RE/MAX Rising License #475203106 Listed on: 02/07/2023

RE/MAX Rising

Last Buyer's Agent

Cindy Eckols

RE/MAX Choice License #475130274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1961

Lot Details

  • 8,494

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,678 Sq Ft Home
  • Living Room
  • Sun or Florida Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Oakdale Elementary School
  • Kingsley Jr High Middle School
  • Normal Community West High Schoo

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Lot Dimensions are 67x127

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1678
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1678
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 155000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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: Oakdale Elementary
  • High School: Normal Community West High Schoo
  • Middle/Junior School: Kingsley Jr High
  • Middle/Junior School District: 5

Lot Info

  • Lot Dimensions: 67X127
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 1430.98
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 13, 2023
Sold by
Laima I Gaigalas Trust
Bought by
Schippert John and Schippert Kimberly
Seller's Agent
Brandon Holtz
RE/MAX Rising
Buyer's Agent
Cindy Eckols
RE/MAX Choice
List Price
$155,000
Sold Price
$173,000
Premium/Discount to List
$18,000
11.61%
Views
1
Current Estimated Value
$213,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,966
Avg. Annual Appreciation
8.84%
Original Mortgage
$138,400
Outstanding Balance
$135,268
Interest Rate
7.5%
Mortgage Type
Construction
Estimated Equity
$77,281

Purchase Details

Closed on
Mar 6, 2007
Sold by
Gaigalas Laima L
Bought by
Gaigalas Laima I and Laima I Gaigalas Trust
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
Schippert John $173,000 --
Gaigalas Laima I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schippert John $138,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $173,000 +11.6% $103 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $155,000 -- $92 / 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 $3,667 $64,061 $11,541 $52,520
2022 $3,667 $51,821 $9,336 $42,485
2021 $1,431 $48,892 $8,808 $40,084
2020 $3,455 $48,383 $8,716 $39,667
2019 $1,397 $48,123 $8,669 $39,454
2018 $1,396 $47,613 $8,577 $39,036
2017 $1,346 $47,613 $8,577 $39,036
2016 $1,332 $47,613 $8,577 $39,036
2015 $1,327 $46,497 $8,376 $38,121
2014 $1,310 $46,497 $8,376 $38,121
2013 -- $46,497 $8,376 $38,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11714405

Midwest Real Estate Data (MRED)

APN: 14-29-453-016