NOT LISTED FOR SALE

224 N Poplar St Ludlow, IL 60949

Estimated Value: $60,000 - $62,156

1.14 Acres
$53,577 Price per Acre
49,658 Sq Ft Lot

Last Sold February 05, 2021

Last sale price $41,000

Est. 49% increase in value since last sale

Current estimated payment $398/month

7 Days on Market

About This Lot

As of February 2021

Excellent profit potential from this property with 11 mobile home pads and a single family 2-story home sitting on over 1 acre! Each pad rents for $285/mo, making a potential total lot rental of $3135! Currently, 5 lots are rented for $1425/mo. One mobile home comes with the property while the others are owned by the tenants. Add extra income by renting the single family home. The house features 2 bedrooms, 1 full bath, a large dining room, and loft space on the second level! This property has a lot to offer so make it yours and start making some extra income today! Sold as is.

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 01/04/2021

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,702

Lot Details

  • 1.14 Acre Lot
  • Lot Dimensions are 275x180

Parking

  • Uncovered Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Homes

  • Residence on Property

Schools

  • Ludlow Elementary School
  • Ludlow Junior High School
  • Rantoul Twp High School

Mobile Home

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Private or Community Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$1,702

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • Current Use: Mobile Home, Single Family
  • Property Sub-Type: 1.5 Story
  • Road Surface Type: Concrete
  • General Information: None
  • New Construction Y/N: No
  • Legal Description: LOT 12 BLOCK 9 PERA ORIGINAL TOWN, NOW LUDLOW
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Basement Description: Unfinished
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 275
  • Frontage Type: City Street, Public Road
  • List Price: 39900
  • OtherStructures: Residence, House Trailer
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: Space/s

Utilities

  • Utilities: Electric to Site, Gas to Site, Septic-Private, Water-Municipal

Schools

  • Elementary School: Ludlow Elementary School
  • High School: Rantoul Twp Hs
  • Middle/Junior School: Ludlow Junior High School
  • Middle/Junior School District: 142

Lot Info

  • Lot Size Acres: 1.14
  • Lot Dimensions: 275X180
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 49500
  • Land Description: Common Grounds

Rental Info

  • Board Number: 22
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 1701.64
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2024
Sold by
Secove Property Management Llc
Bought by
Fules Verne Llc
Current Estimated Value
$61,078

Purchase Details

Closed on
Aug 10, 2022
Sold by
Secove Property Management Llc
Bought by
Better Place Llc

Purchase Details

Closed on
Jul 25, 2022
Sold by
Ingram Dalton J
Bought by
Davis Lavontre M

Purchase Details

Closed on
Apr 6, 2022
Sold by
Secove Property Management Llc
Bought by
Ingram Dalton J and Davis Lavontre

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 5, 2021
Sold by
Osborn Nicholas S
Bought by
Secove Property Management Llc
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Non Member
NON MEMBER
List Price
$49,900
Sold Price
$41,000
Premium/Discount to List
-$8,900
-17.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$37,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2016
Sold by
First State Bank Of Forrest
Bought by
Osborn Nicholas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 4, 2015
Sold by
Burge James C
Bought by
First State Bank Of Forrest
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fules Verne Llc $54,900 None Listed On Document
Better Place Llc -- None Listed On Document
Davis Lavontre M -- None Listed On Document
Ingram Dalton J -- Ingram Dalton J
Secove Property Management Llc $41,000 Attorney
Osborn Nicholas S $55,000 Attorney
First State Bank Of Forrest -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Secove Property Management Llc $37,000
Previous Owner Osborn Nicholas S $220,000
Previous Owner Burge James C $45,511
Previous Owner Merritt Frances $4,415
Previous Owner Merritt Frances $6,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $41,000 +2.8% --
01/11/2021 01/11/21 Pending -- -- --
01/08/2021 01/08/21 Price Changed $39,900 -20.0% --
01/04/2021 01/04/21 For Sale $49,900 -- --
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 $1,890 $27,260 $5,940 $21,320
2023 $1,890 $24,320 $5,300 $19,020
2022 $1,802 $21,710 $4,730 $16,980
2021 $1,718 $20,270 $4,420 $15,850
2020 $1,758 $19,580 $4,270 $15,310
2019 $1,702 $18,810 $4,100 $14,710
2018 $1,687 $17,850 $3,890 $13,960
2017 $1,731 $17,400 $3,790 $13,610
2016 $1,732 $17,400 $3,790 $13,610
2015 $1,753 $17,400 $3,790 $13,610
2014 $1,741 $17,400 $3,790 $13,610
2013 $1,746 $17,590 $3,830 $13,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10930313

Midwest Real Estate Data (MRED)

APN: 14-03-01-456-003