NOT LISTED FOR SALE

305 W Luke St Arthur, IL 61911

Estimated Value: $104,728 - $129,000

2 Beds
1 Bath
952 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 08, 2016

Last sale price $69,000 $72 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $717/month

25 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • 2 Car Detached Garage
  • Arthur Grade School Rated 9+
  • Fenced Yard
  • Porch

About This Home

As of August 2016

Property is a great starter home or investment property. Property located in a nice quiet neighborhood. Kitchen has nice cabinets and counter top also nice laminate floor. Large dining room with laminate floor installed in 2014. Carpet in master bedroom installed in 2014. Furnace and AC installed in 2014. Large 2 car detached garage with insulated walls and AC. New garage roof installed in 2015. Large fenced in back yard with mature trees. In addition to the fenced in area there's also room for a vegetable garden.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 100 x 88
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 952 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Schools

  • Arthur Elementary And Middle School
  • Arthur High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 100 Amp Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,285

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1920
  • Age: 91-100 Years
  • Legal Description: LOT 1,4, BLK 3 C.A. REEVES ADD
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom
  • LivingArea: 952
  • Other Equipment: CO Detectors
  • Estimated Total Finished Sq Ft: 952
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 952
  • Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 952
  • Lower Level Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • List Price: 67000
  • Lot Features: Fenced Yard
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Window/Wall Unit - 1
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: ARTHUR
  • High School: ARTHUR HIGH SCHOOL
  • Middle/Junior School: ARTHUR

Lot Info

  • Lot Dimensions: 100 X 88

Tax Info

  • Tax Annual Amount: 1285
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Aug 8, 2016
Sold by
Schrock Dennis and Schrock Ladonna Kay
Bought by
Burns Daniel L
List Price
$67,000
Sold Price
$69,000
Premium/Discount to List
$2,000
2.99%
Current Estimated Value
$114,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,682
Avg. Annual Appreciation
5.68%
Original Mortgage
$70,951
Outstanding Balance
$56,611
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$58,071

Purchase Details

Closed on
Apr 15, 2008
Sold by
Jess Gary Lynn and Jess Jessica Rae
Bought by
Schrock Dennis and Schrock Ladonna Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,200
Interest Rate
6.09%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Burns Daniel L -- Macon County Title
Schrock Dennis $59,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Daniel L $70,951
Previous Owner Schrock Dennis $50,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2017 03/26/17 Off Market $69,000 -- --
08/08/2016 08/08/16 Sold $69,000 +3.0% $72 / Sq Ft
06/04/2016 06/04/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $67,000 -- $70 / 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 $1,313 $24,826 $2,390 $22,436
2023 $1,258 $23,309 $2,244 $21,065
2022 $1,291 $23,598 $4,738 $18,860
2021 $1,251 $22,436 $4,505 $17,931
2020 $1,222 $21,544 $4,326 $17,218
2019 $1,182 $21,165 $4,250 $16,915
2018 $1,188 $21,301 $2,544 $18,757
2017 $1,189 $21,218 $2,534 $18,684
2016 $1,233 $21,265 $2,540 $18,725
2015 $1,192 $20,850 $2,490 $18,360
2014 -- $21,277 $2,747 $18,530
2013 -- $21,277 $2,747 $18,530
Source: Public Records

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09454014

Midwest Real Estate Data (MRED)

APN: 03-03-25-432-004