NOT LISTED FOR SALE

2500 Payson Rd Quincy, IL 62305

Estimated Value: $371,000 - $563,000

5 Beds
4.5 Baths
3,641 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $375,000 $103 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,028/month

55 Days on Market

Highlights

  • 8.07 Acre Lot
  • Landscaped Professionally
  • Deck
  • Lincoln-Douglas Elementary School Rated 9+
  • Mature Trees
  • Den

About This Home

As of December 2021

This very spacious, unique home is definitely a must-see. The large open kitchen offers custom cherry cabinets and solid surface countertops. Kitchen flooring was new in 2019. Dishwasher and stove are approximately 3 years old. All 4 baths have been tastefully updated. Master bath offers tub with jets, separate walk in shower, dual vanity and custom cherry cabinets with marble tops. Main floor laundry with custom cherry cabinetry. Both gas fireplaces are operable and have been used in the past. Septic was pumped in September of 2021. Well is 200 ft deep. City water hook up is available. Home is situated on 7.61 acres with an additional 2nd parcel (20-0-1108-000-00) of .46 acres for a total of approx 8.07 acres just outside of city limits. Roof is a lifetime insulated tile that requires painting approx every 10 yrs. This serene piece of property won't last long.

Last Agent to Sell the Property

Brandi Griswold

Happel Inc., REALTORS Listed on: 09/14/2021

Last Buyer's Agent

Brandi Griswold

Happel Inc., REALTORS Listed on: 09/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,949

Year Built

  • Built in 1960

Lot Details

  • 8.07 Acre Lot
  • Landscaped Professionally
  • Mature Trees
  • Wooded Lot
  • Property is zoned SINGL

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,641 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Lincoln-Douglas Elementary School
  • Quincy High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,949

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1960
  • Legal Description: LOT 3 F G JOHNSON SUB PT SEC 18 BEG 430FT E NW COR S 208FT W 210FT S TO S LN E 530.06 N 308.85 W 320.06 PT LOT 3 & LOT 1 COTTLE S SUB OF F G JOHNSON SUB PT SEC 18 LOT 1
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Unfinished, Walk-Up Access, Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter
  • LivingArea: 3641
  • Other Equipment: Ceiling Fan(s), Water Heater-Gas, Internet-Fiber
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Brick
  • Lot Features: Landscaped, Mature Trees, Wooded
  • OtherStructures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Main Level
  • Water Source: Well

Schools

  • Elementary School: Lincoln-Douglas
  • High School: Quincy

Lot Info

  • Lot Size Acres: 8.07
  • Lot Dimensions: 8.07
  • Zoning: SINGL

Rental Info

  • Board Number: 27

Tax Info

  • Tax Annual Amount: 7949
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 8, 2021
Sold by
Williams Pamela M
Bought by
Lowe Nicole Marie
Seller's Agent
Brandi Griswold
Happel Inc., REALTORS
Buyer's Agent
Brandi Griswold
Happel Inc., REALTORS
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$454,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,310
Avg. Annual Appreciation
4.75%
Original Mortgage
$362,230
Outstanding Balance
$330,959
Interest Rate
2.63%
Mortgage Type
FHA
Estimated Equity
$123,351
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lowe Nicole Marie $375,000 Title Center
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Nicole Marie $362,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $375,000 -6.0% $103 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $399,000 -- $110 / Sq Ft
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 $8,032 $139,160 $18,820 $120,340
2023 $7,408 $125,760 $17,010 $108,750
2022 $7,021 $117,270 $15,860 $101,410
2021 $7,677 $126,680 $15,180 $111,500
2020 $7,489 $124,590 $14,930 $109,660
2019 $7,131 $120,670 $14,460 $106,210
2018 $7,144 $119,690 $14,340 $105,350
2017 $7,074 $118,510 $14,200 $104,310
2016 $7,060 $113,840 $13,640 $100,200
2015 $6,698,540 $113,840 $13,640 $100,200
2012 $6,561 $109,170 $13,080 $96,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12247050

Midwest Real Estate Data (MRED)

APN: 20-0-1107-000-00