NOT LISTED FOR SALE

325 S Central St Gilman, IL 60938

Estimated Value: $65,000 - $132,000

2 Beds
1 Bath
1,320 Sq Ft
$76/Sq Ft Est. Value

Last Sold February 24, 2024

Last sale price $53,500 $41 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $683/month

53 Days on Market

Highlights

  • 1 Car Attached Garage
  • Central Air
  • 4-minute walk to Ashkum City Park
  • 1-Story Property

About This Home

As of February 2024

This is a two bedroom home with large rooms and enclosed front porch and attached garage, the home is being marketed in as/s condition with no inspections paid for by the seller.

Last Agent to Sell the Property

Richard Smith

Smith's Real Estate Services, License #471000023 Listed on: 11/22/2023

Last Buyer's Agent

Rory Hertzberg

Village Realty, Inc License #475168321

Village Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,382

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 50x100
  • Property is zoned SINGL

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,382

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1952
  • Age: 71-80 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: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1320
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 67000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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

  • Middle/Junior School District: 10

Lot Info

  • Lot Dimensions: 50X100
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1381.88
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Feb 8, 2024
Sold by
Longbridge Financial Llc
Bought by
Vaughn Bradly
Seller's Agent
Richard Smith
Smith's Real Estate Services,
Buyer's Agent
Rory Hertzberg
Village Realty, Inc
List Price
$67,000
Sold Price
$53,500
Premium/Discount to List
-$13,500
-20.15%
Views
92
Current Estimated Value
$100,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,167
Avg. Annual Appreciation
47.65%
Original Mortgage
$180,000
Outstanding Balance
$172,152
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
-$72,351

Purchase Details

Closed on
Aug 28, 2023
Sold by
Judicial Sales Corporation
Bought by
Reverse Mortgage Funding Llc
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
Vaughn Bradly $35,666 First American Title
Longbridge Financial Llc -- First American Title
Reverse Mortgage Funding Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Bradly $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2024 02/24/24 Sold $53,500 -20.1% $41 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
11/22/2023 11/22/23 For Sale $67,000 -- $51 / 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 $1,800 $33,990 $2,860 $31,130
2023 $1,800 $32,140 $2,700 $29,440
2022 $1,633 $31,820 $2,670 $29,150
2021 $1,382 $27,200 $2,280 $24,920
2020 $1,326 $25,340 $2,120 $23,220
2019 $822 $24,510 $2,050 $22,460
2018 $1,211 $23,870 $2,000 $21,870
2017 $942 $23,440 $1,960 $21,480
2016 $1,039 $23,440 $1,960 $21,480
2015 $1,102 $23,150 $1,940 $21,210
2014 $1,102 $22,720 $1,900 $20,820
2013 $1,079 $23,720 $1,980 $21,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11935768

Midwest Real Estate Data (MRED)

APN: 24-06-107-004