NOT LISTED FOR SALE

340 S Main St Farmington, IL 61531

Estimated Value: $48,000 - $117,949

3 Beds
1 Bath
2,145 Sq Ft
$32/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $33,000 $15 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $510/month

196 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating System
  • Porch
  • Guest Parking
  • Replacement Windows

About This Home

As of February 2024

Be part of Farmington's early 1900's history and the Underground Railroad. House has a lot of square feet on the main floor. 8 rooms on the main floor. Some replacement windows. Appliances NOT warranted. Upstairs has a lot of possibilities. a reading nook at the top of the stairs, two bedrooms upstairs, unfinished bathroom, and room for storage. Upstairs is under construction and needs to be finished by the buyer. There is also a third floor attic. Basement has limestone walls, furnace and water heater located here. House sits on .65 acres, nice level yard, some mature trees, up above Main St. and a 24 x 13 carport. You are buying "AS IS" 2nd floor needs attention.

Last Agent to Sell the Property

Douglas Falk

Gorsuch Realty & Auction Brokerage Phone: 309-224-1208 License #475181147 Listed on: 07/24/2023

Last Buyer's Agent

Leslie Gorsuch

Gorsuch Realty & Auction License #475180597

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1880

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 147 x 182 x165 x 184
  • Level Lot

Home Design

  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,145 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Parking

  • Carport
  • Guest Parking

Outdoor Features

  • Porch

Schools

  • Farmington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-04-11-210-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,580

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1880
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 15.38
  • Age55PlusDevelopment: No
  • Attribution Contact: Pref: 309-224-1208
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Cellar, Full
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Storage, Cable Available
  • Living Area: 2145
  • TotalBasementSqFt: 1565
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch, Replacement Windows
  • Foundation Details: Stone
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Carport, Guest Parking

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Central Air
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: No

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Farmington

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.65
  • Lot Size: 147 x 182 x165 x 184
  • Parcel #: 05-04-11-210-001
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1580.34
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Zessin Donald R
Bought by
Anderson Scott A
Current Estimated Value
$69,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Outstanding Balance
$21,581
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$45,294
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
Anderson Scott A $25,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Scott A $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $33,000 -17.5% $15 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
12/26/2023 12/26/23 For Sale $40,000 0.0% $19 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $40,000 +168.5% $19 / Sq Ft
07/12/2019 07/12/19 Sold $14,900 0.0% $6 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/04/2019 06/04/19 Price Changed $14,900 -25.1% $6 / Sq Ft
05/09/2019 05/09/19 Price Changed $19,900 -23.5% $9 / Sq Ft
04/10/2019 04/10/19 For Sale $26,000 -- $11 / Sq Ft
Source: RMLS Alliance

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 $1,597 $17,090 $2,090 $15,000
2023 $1,597 $16,350 $2,000 $14,350
2022 $1,580 $16,350 $2,000 $14,350
2021 $1,580 $14,490 $2,000 $12,490
2020 $1,430 $14,000 $1,930 $12,070
2019 $3,943 $37,220 $1,960 $35,260
2018 $3,556 $36,510 $1,920 $34,590
2017 $3,842 $36,510 $1,920 $34,590
2016 $3,133 $35,250 $1,850 $33,400
2015 $3,155 $35,250 $1,850 $33,400
2013 -- $34,350 $1,800 $32,550
2012 -- $33,520 $1,760 $31,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1244224

RMLS Alliance

APN: 05-04-112-100-01