NOT LISTED FOR SALE

1702 Pace Ave Mount Vernon, IL 62864

Estimated Value: $89,000 - $162,000

3 Beds
1 Bath
2,620 Sq Ft
$48/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $28,000 $11 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $752/month

Highlights

  • Sun or Florida Room
  • Ceiling Fan
  • Garage
  • Porch

About This Home

As of March 2018

This property has opportunity written all over it. Whether owner occupied or an investment property, this home has the potential many have been seeking. Near the Museum District, the popular street has owners who respect home ownership and help maintain property values. An extra-wide driveway provides plenty of parking or a turnabout function. The 3 bedroom and 3 bath home offers Living Room (wood floors and fireplace), Kitchen, Dining Room, Breakfast Room, Family Room (fireplace) and Office all on the main level. Upstairs the three bedrooms share a bath. Drywall work completed in the basement may inspire you to an individual use. There is definitely work to be done here but in the end this property may payback into your pocket. Microwave hood

Last Agent to Sell the Property

Brian Wood

Cross Davidson Real Estate License #471017028 Listed on: 08/04/2017

Last Buyer's Agent

Troy Horton

Coldwell Banker Associated Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 10,367

Parking

  • Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • Ceiling Fan
  • Sun or Florida Room
  • Range Hood

Schools

  • Mt Vernon Elementary School

Additional Features

  • Porch
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Unit Style: 1-Level
  • Legal Description: Pace Homestead Add Lot 58, W4' Lt 59 & E 17' Lt 57 1702 Pace Ave
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Hood/Fan
  • Fireplace: Gas Logs
  • Interior Amenities: Cable Tv Available, Ceiling Fan
  • Total Bathrooms: 3
  • Total Full Baths: 1
  • Number of Full Bathrooms in the Basement: 1
  • Total Half Baths: 1
  • Bedrooms: 3
  • Basement Foundation: Crawl Space, Full, Slab, Block, Partially Finished
  • Bedroom 2: Dimensions: 12.7x11.5, On Level: Upper, Flooring: Laminate
  • Bedroom 3: Dimensions: 12.4x11, On Level: Upper, Flooring: Laminate
  • Bedroom 4: Dimensions: 11.3x9.6, On Level: Upper, Flooring: Laminate
  • Den: Dimensions: 12.4x7.1, On Level: Main, Flooring: Laminate
  • Family Room: Dimensions: 15.4x11.9, On Level: Main, Flooring: Laminate
  • Formal Dining Room: Dimensions: 13.5x11.5, On Level: Main, Flooring: Laminate
  • Informal Dining Room: Dimensions: 12.1x10.9, On Level: Main, Flooring: Vinyl
  • Kitchen: Dimensions: 11.9x9.4, On Level: Main, Flooring: Vinyl
  • Laundry: Dimensions: 8.4x7.1, On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 22.1x12.4, On Level: Main, Flooring: Hardwood
  • Basement Finished Sq Ft: 1310
  • Additional Room 1: Dimensions: 22.2x21.16, On Level: Basement, Flooring: Other
  • Price Per Sq Ft: 21.37
  • Finished Sq Ft: 2620
  • Total Sq Ft: 1310
  • Finished Main Level Sq Ft: 1310

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Porch, Porch/3-Season
  • Road Access: Paved
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air, Whole House Fan
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: Ameren City of Mt Vernon Ameren

Schools

  • Elementary School: Mt Vernon
  • High School: Mt Vernon
  • Elementary School: Mt Vernon

Lot Info

  • Estimated Lot Size: 69.44x150
  • Zoning: Residential
  • Subdivision: Pace Homestead
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2902
  • Parcel Id Number Tax Id: 0730254011
  • Tax Year: 2016

MLS Schools

  • High School School District: Mt Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2017
Closed on
Feb 26, 2018
Sold by
Community First Bank
Bought by
Wilson Sue
Seller's Agent
Brian Wood
Cross Davidson Real Estate
Buyer's Agent
Troy Horton
Coldwell Banker Associated Realtors
List Price
$44,800
Sold Price
$28,000
Premium/Discount to List
-$16,800
-37.5%
Current Estimated Value
$125,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,104
Avg. Annual Appreciation
21.64%

Purchase Details

Closed on
Apr 29, 2011
Sold by
Easton Kent R and Robertson Pam K
Bought by
Reeves Christopher and Reeves Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,300
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage
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
Wilson Sue $28,000 --
Reeves Christopher $42,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reeves Christopher $38,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2018 03/08/18 Sold $28,000 -37.5% $11 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
08/04/2017 08/04/17 For Sale $44,800 -- $17 / 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 $1,151 $19,257 $7,433 $11,824
2023 $1,018 $17,778 $6,862 $10,916
2022 $928 $15,594 $6,019 $9,575
2021 $851 $14,851 $5,732 $9,119
2020 $870 $13,879 $5,357 $8,522
2019 $857 $13,879 $5,357 $8,522
2018 $1,411 $13,879 $5,357 $8,522
2017 $2,877 $28,914 $5,357 $23,557
2016 $2,902 $29,900 $5,357 $24,543
2015 $2,840 $29,900 $5,357 $24,543
2014 $1,195 $29,900 $5,357 $24,543
2013 $1,195 $28,208 $5,054 $23,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB415094

RMLS Alliance

APN: 07-30-254-011