NOT LISTED FOR SALE

227 S Elmwood Rd Farmington, IL 61531

Estimated Value: $112,000 - $178,000

4 Beds
1 Bath
1,507 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $118,500 $79 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,004/month

166 Days on Market

About This Home

As of October 2017

Stunning renovation of this 4 Bedroom 1 bath home with main floor laundry. Situated on an acre corner lot, 2 sheds, and a 2 stall detached heated garage. Fenced In-ground pool. New flooring, paint, light fixtures, bedroom closets, and large walk in closet which could be converted to 2nd bath. This home offers country seclusion in town. Move in ready!

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate License #471018071 Listed on: 03/17/2017

Last Buyer's Agent

Sherri Delost

Jim Maloof Realty, Inc. License #475131938

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,089

Year Built

  • Built in 1923

Lot Details

  • 0.75

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Laundry

  • Dryer
  • Washer

Additional Features

  • In Ground Pool
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,089

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: Lot 10 South Fort Hill add ex S 70.5' & Ex 3 ft.
  • Lvt Date: 03/17/2017
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Disposal, Microwave Oven, Refrigerator, Range/Oven, Washer
  • Fireplace: Free Standing, Multi-Sided
  • Interior Amenities: Cable Tv Available
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 14x11, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Full
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11x10, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 12x8, On Level: Upper, Flooring: Carpet
  • Bedroom 4: Dimensions: 11x8, On Level: Main, Flooring: Carpet
  • Formal Dining Room: Dimensions: 12x11, On Level: Main, Flooring: Laminate
  • Kitchen: Dimensions: 11x10, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Dining Formal
  • Laundry: Dimensions: 8x7, On Level: Main, Flooring: Laminate
  • Living Room: Dimensions: 11x11, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 805
  • Price Per Sq Ft: 78.63
  • Finished Sq Ft: 1507
  • Total Sq Ft: 1507
  • Finished Main Level Sq Ft: 805
  • Upper Level Finished Sq Ft: 702

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Shed, Pool In Ground
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

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

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer

Schools

  • High School: Farmington

Lot Info

  • Estimated Lot Size: 212x154
  • Estimated Number of Acres: 0.75
  • Lot Description: Corner, Level
  • Subdivision: Fort Hill
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2089
  • Parcel Id Number Tax Id: 05-04-12-204-004
  • Tax Year: 2015

MLS Schools

  • High School School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Oct 4, 2017
Sold by
Scalf Donald C
Bought by
Balagna Paul
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Sherri Delost
Jim Maloof Realty, Inc.
List Price
$129,900
Sold Price
$118,500
Premium/Discount to List
-$11,400
-8.78%
Current Estimated Value
$141,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,126
Avg. Annual Appreciation
2.27%
Original Mortgage
$121,107
Outstanding Balance
$101,294
Interest Rate
3.78%
Mortgage Type
VA
Estimated Equity
$40,122

Purchase Details

Closed on
Jul 12, 2007
Bought by
Scalfdonald Scalfdonald and Scalfdonald Christina
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
Balagna Paul $118,500 Peoria Title
Scalfdonald Scalfdonald $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balagna Paul $121,107
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2017 10/10/17 Sold $118,500 -8.8% $79 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $129,900 -- $86 / 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 $2,783 $41,000 $5,630 $35,370
2023 $2,783 $39,240 $5,390 $33,850
2022 $3,194 $39,240 $5,390 $33,850
2021 $3,194 $34,840 $5,390 $29,450
2020 $2,828 $33,680 $5,210 $28,470
2019 $2,988 $34,210 $5,290 $28,920
2018 $2,470 $26,270 $5,190 $21,080
2017 $2,765 $26,270 $5,190 $21,080
2016 $2,075 $25,370 $5,010 $20,360
2015 $2,089 $25,370 $5,010 $20,360
2013 -- $24,720 $4,880 $19,840
2012 -- $24,120 $4,760 $19,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1181906

RMLS Alliance

APN: 05-04-122-040-04