NOT LISTED FOR SALE

16 Bailey Ln Pana, IL 62557

Estimated Value: $52,000 - $76,000

1 Bed
1 Bath
568 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $15,000 $26 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $349/month

64 Days on Market

Highlights

  • Docks
  • Waterfront
  • Workshop
  • Lake View
  • Lake Privileges
  • Wainscoting

About This Home

As of July 2014

DIAMOND IN THE ROUGH with GOOD BONES describes this waterfront property. If you are looking for a waterfront cabin this is for you. Possibilities are endless. This cabin offers insulated windows, newer roof (within 5 years), 1 car carport, cellar, gazebo, enclosed 11 x 3.8 Porch, workshop and dock. The property is being sold AS IS and with work would make a great property.

Last Agent to Sell the Property

Gary Loy

Dammerman & Associates Benchmark Realty Listed on: 04/28/2014

Last Buyer's Agent

Carol Spracklen

Carol & Company License #471002522

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $390

Year Built

  • Built in 1950

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Waterfront

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 568 Sq Ft Home
  • 1-Story Property
  • Wainscoting
  • Workshop
  • Lake Views
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Docks
  • Lake Privileges

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Radiant Heating System
  • Well
  • No Hot Water
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 11252420101600

Home Details

Home Type

Single Family

Est. Annual Taxes

$390

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Above Grade Finished Sq Ft: 568.0
  • Directions: Rt. 16 to County Line Road. Turn South first right after mailboxes before bridge.
  • Lot Size Acres: 0.14
  • Lot Size: 60 x 100
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Gravel
  • Building Stories: 1
  • Year Built: 1950
  • Road Frontage Type: Waterfront
  • Water Body Name: Other
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: No Hot Water, Range
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Pantry, Paneling/Wainscoting
  • Fireplace: No
  • Stories: 1

Exterior Features

  • Construction Type: Asphalt, Other, Wood Siding
  • Exterior Features: Dock, Workshop
  • Roof: Shingle
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Privileges
  • Waterfront: Yes
  • Foundation Details: Cellar, Crawlspace, Slab

Garage/Parking

  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Carport

Utilities

  • Cooling: None
  • Heating: Gas, Radiant
  • Water Source: Well
  • Laundry Features: Main Level
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Junior High Dist: Pana Dist. 8

Lot Info

  • Lot Size Sq Ft: 6000.0
  • Parcel #: 11252420101600
  • Zoning: RES

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 390.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Aug 21, 2014
Bought by
Waddington Robert Colton
Seller's Agent
Gary Loy
Dammerman & Associates Benchmark Realty
Buyer's Agent
Carol Spracklen
Carol & Company
List Price
$28,000
Sold Price
$15,000
Premium/Discount to List
-$13,000
-46.43%
Current Estimated Value
$65,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,504
Avg. Annual Appreciation
13.66%
Source: Public Records
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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
Waddington Robert Colton $15,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $15,000 -46.4% $26 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $28,000 -- $49 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $11 $7,123 $4,374 $2,749
2023 $72 $6,730 $4,133 $2,597
2022 $51 $5,974 $3,795 $2,179
2021 $600 $5,857 $3,721 $2,136
2020 $584 $5,608 $3,563 $2,045
2019 $588 $5,740 $3,647 $2,093
2018 $572 $5,613 $3,563 $2,050
2017 $576 $5,728 $3,636 $2,092
2016 $570 $5,712 $3,626 $2,086
2015 $569 $5,644 $3,583 $2,061
2014 $389 $5,250 $3,333 $1,917
2013 $390 $3,840 $1,710 $2,130
2011 $383 $3,930 $1,750 $2,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6132560

APN: 11-25-24-201-016-00