NOT LISTED FOR SALE

305 E 3rd St Pana, IL 62557

Estimated Value: $86,000 - $106,000

1 Bed
1 Bath
1,160 Sq Ft
$79/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $49,900 $43 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $458/month

Highlights

  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • 1-Story Property
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of February 2021

This all brick ranch style home features a nice living room with gas fireplace with a one car attached garage. Hardwood floors in bedroom. Full basement with plenty of storage. Has a covered concrete patio in the back. Nice neighborhood.

Last Agent to Sell the Property

Carol Spracklen

Carol & Company License #471002522 Listed on: 02/08/2021

Last Buyer's Agent

Carol Spracklen

Carol & Company License #471002522 Listed on: 02/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1960

Lot Details

  • 6,400 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Railroad Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-25-22-112-012-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,228

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Above Grade Finished Sq Ft: 1160.0
  • Directions: On Third Street in Pana.
  • Lot Size Acres: 0.15
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Subdivision Name: Railroad Add
  • Year Built: 1960
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Main Level Master
  • Fireplaces: 1
  • Fireplace: Yes
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

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

Schools

  • Junior High Dist: Pana Dist. 8

Lot Info

  • Lot Size Sq Ft: 6400.0
  • Parcel #: 11-25-22-112-012-00
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1228.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Feb 19, 2021
Sold by
Midland Community Bank
Bought by
Burrus Melissa M
Seller's Agent
Carol Spracklen
Carol & Company
Buyer's Agent
Carol Spracklen
Carol & Company
List Price
$52,500
Sold Price
$49,900
Premium/Discount to List
-$2,600
-4.95%
Current Estimated Value
$81,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,851
Avg. Annual Appreciation
11.22%
Original Mortgage
$56,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2020
Sold by
Christian County Of
Bought by
Midland Community Bank
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
Burrus Melissa M $49,900 None Available
Midland Community Bank $45,451 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrus Melisa M $58,225
Closed Burrus Melissa M $56,000
Previous Owner Moore Michael $51,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $49,900 -5.0% $43 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $52,500 -2.8% $45 / Sq Ft
01/22/2019 01/22/19 Sold $54,000 -1.6% $47 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $54,900 -- $47 / 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 $141 $20,854 $3,186 $17,668
2023 $1,350 $19,677 $3,010 $16,667
2022 $1,307 $18,733 $2,990 $15,743
2021 $1,881 $18,365 $2,931 $15,434
2020 $1,831 $17,586 $2,807 $14,779
2019 $1,228 $18,000 $2,873 $15,127
2018 $2,723 $26,950 $2,809 $24,141
2017 $2,766 $27,500 $2,866 $24,634
2016 $2,736 $27,423 $2,858 $24,565
2015 $2,732 $27,104 $2,824 $24,280
2014 $2,558 $25,210 $2,627 $22,583
2013 $2,564 $25,260 $2,625 $22,635
2011 $2,522 $25,857 $2,687 $23,170
Source: Public Records

Agents Affiliated with this Home

  • Carol Spracklen

    Seller's Agent in 2021

    Carol Spracklen

    Carol & Company

    (217) 246-3662

    128 in this area

    213 Total Sales

    Section Image
  • Twila Bumgardner

    Seller's Agent in 2019

    Twila Bumgardner

    Grissom-Schmitz Realty

    (217) 827-3189

    80 in this area

    110 Total Sales

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6209834

APN: 11-25-22-112-012-00

Illinois Christian County Pana 62557

305 E 3rd St, Pana, IL

This home is located at 305 E 3rd St, Pana, IL 62557 since 08 February 2021 and is currently estimated at $91,476, approximately $78 per square foot. This property was built in 1960. 305 E 3rd St is a home located in Christian County with nearby schools including Washington Elementary School, Lincoln Elementary School, and Pana Jr High School.

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