NOT LISTED FOR SALE

1505 Locust Ave Rantoul, IL 61866

Estimated Value: $176,000 - $237,000

3 Beds
2 Baths
1,650 Sq Ft
$122/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $163,000 $99 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,339/month

2 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Double Pane Windows
  • Formal Dining Room
  • 2 Car Attached Garage
  • Patio

About This Home

As of December 2022

Beautiful solid brick ranch on a large lot! Plenty of living space in this 3-bedroom home. Hardwood floors, beautiful stone fireplace, spacious bedrooms along with a full unfinished basement for storage or play space. Don't miss this one!

Last Agent to Sell the Property

Creg McDonald

Realty Select One License #471008296 Listed on: 10/21/2022

Co-Listed By

Liz Mcdonald

Realty Select One License #471022702

Last Buyer's Agent

Carol Meinhart

The Real Estate Group,Inc License #475127814

The Real Estate Group,Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,955

Lot Details

  • Lot Dimensions are 85x130

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Rantoul Elementary School
  • Rantoul Junior High School
  • Rantoul High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,955

Lot Details

0

Parking

2

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
  • Age: Unknown
  • 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
  • Legal Description: LOT 17 BETHANY PARK 2ND ADDITION
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Some Wood Floors
  • LivingArea: 1650
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1650
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 3293
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • 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: Rantoul Elementary School
  • High School: Rantoul High School
  • Middle/Junior School: Rantoul Junior High School

Lot Info

  • Lot Dimensions: 85X130
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2954.72
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 2, 2022
Sold by
Smolenski Kathleen
Bought by
Ndukwu Omowunmi Oke
Seller's Agent
Creg McDonald
Realty Select One
Buyer's Agent
Carol Meinhart
The Real Estate Group,Inc
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%
Views
15
Current Estimated Value
$201,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,205
Avg. Annual Appreciation
7.12%
Original Mortgage
$157,559
Outstanding Balance
$152,831
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$48,374

Purchase Details

Listed on
Jun 17, 2016
Closed on
Jun 30, 2016
Sold by
Etnier Donald J
Bought by
Smolenski David and Smolenski Kathleen
Seller's Agent
Liz Jones
LIZ JONES REAL ESTATE
Buyer's Agent
Liz Jones
LIZ JONES REAL ESTATE
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%

Purchase Details

Closed on
Dec 3, 2008
Sold by
Gustafson Warren L and Gustafson Lois M
Bought by
Gustafson Lois M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ndukwu Omowunmi Oke $34,666 --
Smolenski David $125,000 None Available
Gustafson Lois M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ndukwu Omowunmi Oke $157,559
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2022 12/02/22 Sold $163,000 -1.2% $99 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $165,000 +32.1% $100 / Sq Ft
07/08/2016 07/08/16 Sold $124,900 0.0% $74 / Sq Ft View Prior Sale
06/20/2016 06/20/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $124,900 -- $74 / 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 $3,416 $44,380 $8,090 $36,290
2023 $3,416 $39,590 $7,220 $32,370
2022 $3,131 $35,350 $6,450 $28,900
2021 $2,955 $33,000 $6,020 $26,980
2020 $2,720 $31,890 $5,820 $26,070
2019 $2,587 $30,630 $5,590 $25,040
2018 $2,709 $29,060 $5,300 $23,760
2017 $2,712 $28,330 $5,170 $23,160
2016 $2,659 $28,330 $5,170 $23,160
2015 $2,125 $28,330 $5,170 $23,160
2014 $2,787 $34,900 $5,170 $29,730
2013 $3,322 $35,290 $5,230 $30,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11658070

Midwest Real Estate Data (MRED)

APN: 14-03-36-354-006