NOT LISTED FOR SALE

308 W 5th St Delavan, IL 61734

Estimated Value: $148,000 - $159,000

4 Beds
2 Baths
2,020 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $140,900 $70 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $886/month

1 Day on Market

Highlights

  • Waterfront
  • 2 Car Detached Garage
  • 4-minute walk to Delavan City Park
  • Traditional Architecture

About This Home

As of March 2024

Don't miss out on this charming home located near Vonachen Park. This 4 bed, 2 bath home features an open kitchen and dining area with bonus space! Laundry has been moved to the main floor for ease of use. There are 2 stair wells in the house, one leading to a single bedroom that could make it a more private space. New vinyl flooring and carpet throughout as well as updated vinyl windows, updated electric including the panel, all new light fixtures and many more updates including some plumbing, bathrooms etc. You won't want to miss out on this home with the 2 car detached garage and a fence spanning most of the back yard! Call for your showing today!

Last Agent to Sell the Property

Jared Litwiller

Freedom Realty License #475155972 Listed on: 02/28/2024

Last Buyer's Agent

Jared Litwiller

Freedom Realty License #475155972 Listed on: 02/28/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1884

Lot Details

  • Lot Dimensions are 84x125
  • Waterfront

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Delavan Elementary School
  • Delavan Jr High Middle School
  • Delavan High School

Utilities

  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1884

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Other
  • Year Built: 1884
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 510
  • LivingArea: 2020
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2530
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2020
  • Basement Sq Ft: 510
  • Total Sq Ft: 2530
  • Upper Level Sq Ft: 1000
  • Main Level Sq Ft: 1020
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 139900
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Delavan Elementary
  • High School: Delavan High School
  • Middle/Junior School: Delavan Jr High
  • Middle/Junior School District: 703

Lot Info

  • Lot Dimensions: 84X125
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 740
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 27, 2024
Sold by
Williams Jimmie and Williams Ethel
Bought by
Odum Zack and Seyller Arianna
Seller's Agent
Jared Litwiller
Freedom Realty
Buyer's Agent
Jared Litwiller
Freedom Realty
List Price
$139,900
Sold Price
$140,900
Premium/Discount to List
$1,000
0.71%
Views
30
Current Estimated Value
$154,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,713
Avg. Annual Appreciation
1.50%
Original Mortgage
$138,347
Outstanding Balance
$136,801
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$7,306

Purchase Details

Listed on
Jan 8, 2020
Closed on
Apr 14, 2020
Sold by
Housing And Urban Development
Bought by
Williams Jimmie and Williams Ethel
Seller's Agent
Karen Ballard
Century 21 Lincoln National Re
Buyer's Agent
Mario Garcia
Century 21 Lincoln National Re
List Price
$28,300
Sold Price
$22,500
Premium/Discount to List
-$5,800
-20.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.11%
Original Mortgage
$18,000
Interest Rate
3.2%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Jan 8, 2020
Closed on
Apr 10, 2020
Sold by
Secretary Of Housing And Urban Developme
Bought by
Williams Jimmie and Williams Ethel
Seller's Agent
Karen Ballard
Century 21 Lincoln National Re
Buyer's Agent
Mario Garcia
Century 21 Lincoln National Re
List Price
$28,300
Sold Price
$22,500
Premium/Discount to List
-$5,800
-20.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
3.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 4, 2019
Sold by
Planet Home Lending Llc
Bought by
Hud

Purchase Details

Closed on
Jul 15, 2019
Sold by
Tazewell County Sheriff
Bought by
Planet Home Lending Llc

Purchase Details

Closed on
Mar 21, 2008
Sold by
Citizens Equity First Cu
Bought by
Gilmore Tracy D and Gilmore Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2007
Sold by
Ross Jill A
Bought by
Citizens Equity First Cu
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
Odum Zack $140,900 Chicago Title
Williams Jimmie $22,500 Chicago Title Company Llc
Williams Jimmie $22,500 Chicago Title Company Llc
Hud -- None Available
Planet Home Lending Llc -- None Available
Gilmore Tracy D $67,000 None Available
Citizens Equity First Cu -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odum Zack $138,347
Closed Odum Zack $7,045
Previous Owner Williams Jimmie $18,000
Previous Owner Gilmore Tracy D $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $140,900 +0.7% $70 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $139,900 +521.8% $69 / Sq Ft
04/14/2020 04/14/20 Sold $22,500 -11.7% $11 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/05/2020 03/05/20 Price Changed $25,470 -10.0% $13 / Sq Ft
01/08/2020 01/08/20 For Sale $28,300 -- $14 / 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 $790 $9,440 $3,530 $5,910
2023 $790 $8,580 $3,210 $5,370
2022 $740 $7,800 $2,920 $4,880
2021 $712 $7,500 $2,810 $4,690
2020 $716 $7,500 $2,810 $4,690
2019 $1,943 $26,750 $2,340 $24,410
2018 $1,947 $26,750 $2,340 $24,410
2017 $1,935 $26,230 $2,300 $23,930
2016 $1,911 $26,230 $2,300 $23,930
2015 $1,715 $0 $0 $0
2013 $1,695 $26,230 $2,300 $23,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11991580

Midwest Real Estate Data (MRED)

APN: 21-21-09-401-015