NOT LISTED FOR SALE

1560 Reed Ave Jerome, IL 62704

Estimated Value: $131,000 - $140,000

2 Beds
2 Baths
1,316 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $118,000 $90 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $904/month

89 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of June 2023

This CUTE, move in ready, ranch in Jerome is waiting for it's new family! Walk in to a bright and airy family room that will be a great place for your friends and family to hang out! Your family room is right off of the spacious kitchen that has plenty of room to cook and entertain! Down the hall you will find an updated full bathroom and your 2 bedrooms with views of the beautiful backyard! Head downstairs to find the newly finished space! This is ready for your man cave, craft area, playroom, you name it! There is a full bathroom with a nook that would be excellent for an office, a bar, or whatever you can think of. Another room will be next to the bathroom that would be great as an office or could be turned into a 3rd bedroom. You have a great 2 car garage with plenty of storage and a huge backyard to enjoy bonfires on cool evenings, backyard bbq's, or a place for the kids and dogs to run! Come see this adorable home in pereson!

Last Agent to Sell the Property

Kim Wenda

RE/MAX Professionals License #475126447 Listed on: 02/01/2023

RE/MAX Professionals

Last Buyer's Agent

Raegan Parker

The Real Estate Group, Inc. License #475191649

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,201

Lot Details

  • Lot Dimensions are 40x80
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • Ceiling Fan
  • Blinds

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Springfield Southeast High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-08.0-176-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,201

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 144.61
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Full, Partially Finished, Walk Out
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Cable Available, Ceiling Fan(s)
  • Living Area: 1316
  • TotalBasementSqFt: 816
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Hot Water, Central Air
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Springfield Southeast

Lot Info

  • Lot Size: 40x80
  • Parcel #: 22-08.0-176-004
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2200.66
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Jun 8, 2023
Sold by
Sangamon Valley Properties Llc
Bought by
Sandidge Clayton
Seller's Agent
Kim Wenda
RE/MAX Professionals
Buyer's Agent
Raegan Parker
The Real Estate Group, Inc.
List Price
$137,500
Sold Price
$118,000
Premium/Discount to List
-$19,500
-14.18%
Views
358
Current Estimated Value
$131,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,210
Avg. Annual Appreciation
3.71%
Original Mortgage
$114,460
Outstanding Balance
$111,690
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$16,119

Purchase Details

Closed on
Aug 24, 2020
Sold by
Marie Lemmon Lisa
Bought by
Sangamon Valley Properties Llc

Purchase Details

Closed on
Jul 1, 2004
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
Sandidge Clayton $118,000 None Listed On Document
Sangamon Valley Properties Llc $60,000 Cornerstone Title
-- $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandidge Clayton $114,460
Previous Owner Sangamon Valley Properties Llc $81,666
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $118,000 -1.6% $90 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $119,900 -6.3% $91 / Sq Ft
03/31/2023 03/31/23 Price Changed $128,000 -4.8% $97 / Sq Ft
03/16/2023 03/16/23 Price Changed $134,500 -2.2% $102 / Sq Ft
03/04/2023 03/04/23 For Sale $137,500 0.0% $104 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $137,500 -- $104 / Sq Ft
Source: RMLS Alliance

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 $2,234 $33,307 $6,661 $26,646
2023 $2,409 $30,840 $6,168 $24,672
2022 $2,280 $25,962 $5,837 $20,125
2021 $2,201 $24,944 $5,608 $19,336
2020 $2,124 $24,673 $5,547 $19,126
2019 $2,048 $24,242 $5,450 $18,792
2018 $1,979 $24,139 $5,427 $18,712
2017 $1,932 $23,769 $5,344 $18,425
2016 $1,873 $23,155 $5,206 $17,949
2015 $1,839 $22,632 $5,088 $17,544
2014 $1,808 $22,444 $5,046 $17,398
2013 $1,781 $22,684 $5,100 $17,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1020365

RMLS Alliance

APN: 22-08.0-176-004