NOT LISTED FOR SALE

227 N Patterson St Lovington, IL 61937

Estimated Value: $130,000 - $175,000

3 Beds
2 Baths
702 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $105,000 $150 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $786/month

13 Days on Market

Highlights

  • Front Porch
  • Central Air
  • 1-Story Property
  • Patio
  • Heating System Uses Gas

About This Home

As of December 2021

If your needing space, this newly renovated home is the answer! This open concept home has been stripped to the studs and rebuilt for convenience. All improvements have been completed this year starting with a new gas line ran to the house, new electrical service, new water line, a master bedroom and utility room addition to the main level and the completion of the upstairs space to add 2 bedroom with walk-in closets, a bathroom, and a bonus room. Laminate flooring has been laid throughout the home and the brand new kitchen has all the storage you've been looking for. All lighting has been updated to LED. New gas furnace, central air with new duct work, electric water heater, and new construction windows are all installed to keep you comfortable for years to come. To top it off, there is a newly added covered front porch to enjoy the fall days upon us and is in walking distance of the new Dollar General.

Last Agent to Sell the Property

Tracee Godden

All-American Realty License #475190203 Listed on: 10/11/2021

Last Buyer's Agent

Tracee Godden

All-American Realty License #475190203 Listed on: 10/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $153

Year Built

  • Built in 1918

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 702 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Lovington Elementary School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Zt Clores 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-27-305-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$153

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 702.0
  • Directions: From Route 121 - go north on IL-32 into Lovington; pass the Casey and the new Dollar General and turn left onto N Patterson. Home is 2nd on the right. From Route 36 - turn South on IL-32 then right onto N Patterson; Home is 2nd on the right.
  • Lot Size Acres: 0.17
  • Lot Size: 50 x 150
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Gravel
  • Subdivision Name: Zt Clores 2nd Add
  • Year Built: 1918
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Main Level Master
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Metal, Shingle
  • Waterfront: No
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Front Porch, Patio

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Lovington
  • High School: Other
  • Middle Or Junior School: Other
  • Junior High Dist: ALAH Dist 305

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Parcel #: 02-02-27-305-005
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 153.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 10, 2021
Sold by
Kay Ronald D and Kay Tamara J
Bought by
Denbow David J
Seller's Agent
Tracee Godden
All-American Realty
Buyer's Agent
Tracee Godden
All-American Realty
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Current Estimated Value
$148,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,158
Avg. Annual Appreciation
9.28%
Original Mortgage
$84,000
Outstanding Balance
$78,135
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$70,023

Purchase Details

Closed on
Feb 24, 2021
Sold by
Lambdin Clyde R and Lambdin Bryon H
Bought by
Kay Ronald D and Kay Tamara J

Purchase Details

Closed on
Feb 5, 2005
Sold by
Doggett Jeremy
Bought by
Lambdin Clyde R and Byron Lambdin H
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
Denbow David J $105,000 None Available
Kay Ronald D -- None Available
Lambdin Clyde R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denbow David J $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $105,000 -4.5% $150 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $109,900 -- $157 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $114 $29,302 $1,358 $27,944
2023 $117 $27,511 $1,275 $26,236
2022 $115 $26,498 $1,805 $24,693
2021 $398 $5,028 $1,716 $3,312
2020 $153 $1,877 $1,648 $229
2019 $150 $1,844 $1,619 $225
2018 $123 $1,522 $1,185 $337
2017 $123 $1,516 $1,180 $336
2016 $126 $1,520 $1,183 $337
2015 $124 $1,490 $1,160 $330
2014 -- $1,490 $1,160 $330
2013 -- $1,490 $1,160 $330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6216126

APN: 02-02-27-305-005